2008年11月10日星期一

Buffett company's fourth profit amounted to a sharp fall in net profit down 77%


As a result of hurricane damage insurance business in return for investment Fukui, billionaire Warren Buffett's Berkshire Hathaway Inc. storms out of the fourth profit dropped more than 10 years this is the biggest quarterly decline. Berkshire said last Friday that third quarter net income fell 77 percent to 10.6 billion U.S. dollars, a year ago, 45.5 million; earnings per share from 2942 yuan a year ago, fell to 682 yuan. By a further decline in the market impact of the rights and interests of the shareholders in October to reduce about 90 million. In Berkshire's insurance business and real estate-related businesses affected by the crisis dragged down significantly, the 78-year-old Buffett is still in the bubble to look for opportunities to invest in nuclear energy, Wall Street and chewing gum. He is investing at least 28,000,000,000 U.S. dollars to purchase, purchase prices of those securities, in the purchase of the financial difficulties of competitors. Berkshire's stock price over the past 20 years, 17 years on the rise this year as a result of shares owned by the investment slump and a decline of 20%. American Express dropped 51 percent this year, Coca-Cola fell 25%.

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