Berkshire Reports Strong Earnings, Boosted by Manufacturing and Buybacks

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Berkshire Hathaway on Saturday reported a strong 21.8% rise in operating profits in the second quarter, which were powered by its diverse manufacturing businesses.

The company repurchased $6 billion of stock in the period, as CEO Warren Buffett continued an aggressive buyback program.

The company said its total net income was $28.1 billion,…

William Murphy

William Murphy

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