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  • OMAHA, Neb., May 3- Warren Buffett's Berkshire Hathaway Inc on Friday said quarterly profit rose nearly 51 percent on a solid performance in insurance and by many of its other businesses, as well as gains from investments and derivatives.

  • OMAHA, Neb., May 3- Warren Buffett's company Berkshire Hathaway Inc on Friday said first-quarter profit rose nearly 51 percent, helped by improved results in insurance and gains from its investments and derivative contracts. Net income increased to $4.89 billion, or $2,977 per Class A share, from $3.25 billion, or $1,966 per share, a year earlier.

  • OMAHA, Neb., May 3- Warren Buffett's company Berkshire Hathaway Inc on Friday said first-quarter profit rose nearly 51 percent, helped by improved results in insurance and gains from its investments and derivative contracts. Net income increased to $4.89 billion, or $2,977 per Class A share, from $3.25 billion, or $1,966 per share, a year earlier.

  • Berkshire Hathaway 1st-qtr profit rises 51 pct Friday, 3 May 2013 | 5:14 PM ET

    OMAHA, Neb., May 3- Warren Buffett's company Berkshire Hathaway Inc on Friday said first-quarter profit rose nearly 51 percent, helped by improved results in insurance and gains from its investments and derivative contracts. Net income increased to $4.89 billion, or $2,977 per Class A share, from $3.25 billion, or $1,966 per share, a year earlier.

  • *Munger: Apple is very different than Berkshire. OMAHA, Neb., May 3- Warren Buffett's Berkshire Hathaway Inc would be "stark raving mad" to rule out another giant acquisition like its 2009 Burlington Northern takeover, but high prices have now made attractive targets scarce, its vice chairman said on Friday.

  • No tweets for me, Buffett's second-in-command says Friday, 3 May 2013 | 2:17 PM ET

    OMAHA, Neb., May 3- So they are not completely in sync after all. A day after Berkshire Hathaway Inc Chairman Warren Buffett set up his own account on Twitter, his second-in-command, Charlie Munger, said he has no plans to follow the legendary investor's lead.

  • No tweets for me, Buffett's second-in-command says Friday, 3 May 2013 | 2:17 PM ET

    By Jennifer Ablan and Jonathan Stempel. OMAHA, Neb., May 3- So they are not completely in sync after all. A day after Berkshire Hathaway Inc Chairman Warren Buffett set up his own account on Twitter, his second-in-command, Charlie Munger, said he has no plans to follow the legendary investor's lead.

  • *Munger says Apple is very different than Berkshire. OMAHA, Nebraska, May 3- Warren Buffett's Berkshire Hathaway Inc would be "stark raving mad" to rule out another giant acquisition like its 2009 Burlington Northern takeover, but high prices have made attractive targets scarce now, its vice chairman said on Friday.

  • OMAHA, Nebraska, May 3- Berkshire Hathaway Inc would be "stark raving mad" not to pursue another giant acquisition, the vice chairman of Warren Buffett's company said on Friday, but it is difficult to do so now as low interest rates push up takeover prices.

  • NEW YORK, May 3- Berkshire Hathaway chairman and chief executive Warren Buffett said that he would not sell shares of IBM Corp., even as the company missed earnings expectations last month. Buffett also told CNBC that he is "100 percent" in favor of JPMorgan Chase chairman and chief executive Jamie Dimon maintaining both roles at the bank.

  • Buffett says he won't sell shares of IBM - CNBC Friday, 3 May 2013 | 7:37 AM ET

    NEW YORK, May 3- Berkshire Hathaway chairman and chief executive Warren Buffett said that he would not sell shares of IBM Corp., even as the company missed earnings expectations last month.

  • May 2- Warren Buffett accumulates Twitter followers even faster than he makes money. The 82- year-old " Oracle of Omaha" joined the service and sent his first tweet on Thursday, picking up more than 45,000 followers in just under 45 minutes. Other relatively recent converts to the service include News Corp CEO Rupert Murdoch and former U.S.

  • May 2- Warren Buffett accumulates Twitter followers even faster than he makes money. The 82- year-old " Oracle of Omaha" joined the service and sent his first tweet on Thursday, picking up more than 45,000 followers in just under 45 minutes.

  • More than five decades later, Kass might find another sort of celebrity this Saturday when he will have the opportunity to quiz billionaire investor Warren Buffett at Berkshire Hathaway Inc's annual meeting in Omaha, Nebraska. "I had a lot of fun going to the Woodstock music festival on Max Yasgur's farm in Bethel, New York in August 1969.

  • Kass, Berkshire's Bear, Is Ready to 'Surprise' Buffett Thursday, 2 May 2013 | 1:30 AM ET
    Doug Kass

    Hedge fund trader Doug Kass will quiz billionaire investor Warren Buffett at Berkshire Hathaway Inc's annual meeting in Omaha this Saturday.

  • More than five decades later, Kass might find another sort of celebrity this Saturday when he will have the opportunity to quiz billionaire investor Warren Buffett at Berkshire Hathaway Inc's annual meeting in Omaha, Nebraska. "I had a lot of fun going to the Woodstock music festival on Max Yasgur's farm in Bethel, New York in August 1969.

  • More than five decades later, Kass might find another sort of celebrity this Saturday when he will have the opportunity to quiz billionaire investor Warren Buffett at Berkshire Hathaway Inc's annual meeting in Omaha, Nebraska. "I had a lot of fun going to the Woodstock music festival on Max Yasgur's farm in Bethel, New York in August 1969.

  • The 82- year-old " Oracle of Omaha" joined the service and sent his first tweet on Thursday. Buffett's digital debut came during a live webcast hosted by Fortune magazine, which earlier on Thursday published an essay by the Berkshire Hathaway Inc CEO calling on men to help boost women in the workplace.

  • The 82- year-old " Oracle of Omaha" joined the service and sent his first tweet on Thursday. Buffett's digital debut came during a live webcast hosted by Fortune magazine, which earlier on Thursday published an essay by the Berkshire Hathaway Inc CEO calling on men to help boost women in the workplace.

  • May 1- Warren Buffett's Berkshire Hathaway Inc on Wednesday said it paid $2.05 billion cash to buy the 20 percent it did not already own of toolmaker Iscar from the Israeli company's founding Wertheimer family.