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Berkshire Hathaway Q4: Huge decline in fourth quarter profits – CEO Warren Buffett’s last quarter – Markets

Buzz line2 months ago01 mins

Berkshire Hathaway has reported a big decline in its operating profits in the fourth quarter, largely due to weakness in its insurance business. According to the results released by the company, operating earnings in the fourth quarter declined to $ 10.2 billion, which is about 29 percent less than $ 14.56 billion in the same…

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Sony Q3 profits rise 22% to $3.28 billion, company hikes full year forecast by 8%

Buzz line2 months ago02 mins

Sony on Thursday reported a 22% rise in third-quarter operating profit, beating analyst estimates, and hiked its full-year forecast. Profit reached 515 billion yen ($3.28 billion) for October-December. That compared with the 469 billion yen average of 10 analyst estimates compiled by LSEG. Sony hiked its full year operating profit forecast by 8% to 1.54…

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