(Source: Reuters, May 24, 2019)
OMAHA, Neb. — Warren Buffett’s Berkshire Hathaway Inc on Saturday said gains in its stock investments fueled a big first-quarter profit, while improved results from its Geico auto insurer and BNSF railroad units boosted operating results. BNSF’s profit rose 9 percent to $1.25 billion as higher demand from the energy and industrial sectors offset lower volumes attributed to severe winter weather and flooding.
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