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ru24.net
News in English
Ноябрь
2019

Warren Buffett's Berkshire Hathaway reported a record $128 billion in cash in the third quarter

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Dennis Van Tine/AP

  • Berkshire Hathaway, run by Warren Buffett, reported third-quarter 2019 earnings on Saturday. 
  • Berkshire ended the quarter with a record $128 billion in cash, even though it repurchased $700 million of its own stock. 
  • The cash pile highlights difficulty Buffett has had finding companies to purchase. 
  • Read more on Business Insider. 

Berkshire Hathaway, run by "Oracle of Omaha" Warren Buffett, reported Saturday that it's cash pile grew to a record in the third quarter. 

The company reported in its quarterly earnings release that it ended the quarter with $128 billion in cash, even though it repurchased $700 million of its own shares.See the rest of the story at Business Insider

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