Berkshire’s Geico unit, the No. 3 auto insurer, has cut its head count by over 30% since the end of 2021 to about 28,000 employees
KBW and UBS raised price targets on shares of Warren Buffett’s Berkshire Hathaway after the conglomerate reported blowout fourth-quarter earnings on Saturday.
Berkshire Hathaway reported fourth-quarter results on Saturday. The company’s Class A shares popped more than 25% in 2024.
Warren Buffett’s Berkshire Hathaway (BRK.A) on Saturday reported ... a major increase in earnings,” led by car insurer Geico. Berkshire earned $9 billion in 2024 from insurance underwriting ...
Warren Buffett's Berkshire Hathaway saw its stockpile of cash continue to swell, amid questions about what he plans to do with all that money. But in his annual letter to the conglomerate's shareholders, he reaffirmed his desire to invest in businesses ...
Warren Buffett's Berkshire Hathaway on Saturday said operating profit set a record in the fourth quarter and for the third straight calendar year, bolstered by improved underwriting and higher investment income in its insurance businesses.