Berkshire net rises, Buffett sees housing rebound | The Stock Wizards

ELRA · OTCBB

UYMG · OTC

TTDZ · OTC

GWBU · OTCQB

DGRI · OTCQB

TRON · OTCQB

LNG · AMEX

MSLP · OTBQB

RACK · OTCQB

SEFE · OTCQB

Berkshire net rises, Buffett sees housing rebound

Written by: Dana Salvo

NEW YORK (Reuters) - Warren Buffett’s Berkshire Hathaway Inc said fourth-quarter profit surged, helped by derivatives bets tied to global stock markets, though operating profit fell 40 percent as the weakened economy weighed on several businesses.

February 27, 2010 @ 6:17 pm Trackback URL Posted in Industry News and tagged with , derivatives, economic recession, economy, global stock markets, housing rebound, Warren Buffett.

A D M I N