Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.A) is acquiring the Duracell battery brand from Procter & Gamble Co (NYSE:PG) by letting go of his shares at the world’s largest household products company. The transaction regarding the deal, which is expected to complete by the second half of next year, will give P&G Buffett’s $4.7 billion worth…
Berkshire Hathaway Inc. (BRK.A) Registers Lower Profit Margins For Third Quarter 2014
Berkshire Hathaway Inc. (NYSE:BRK.A) registered lower profit margins for its third quarter 2014 primarily because of an investment loss. Despite of the dropping profit margins, overall operations results surpassed the market expectations. Some major units of the company performed well to make up for the profit drop including the railroad operations, energy, and insurance sector.…