Berkshire Hathaway Quarterly Net Income Falls 28%
Berkshire Hathaway reported a 28% decline in quarterly net income as investment gains slumped and insurance operations posted lower profits. The company continued repurchasing its shares.
By Krystal HurBerkshire Hathaway posted a 28% decline in quarterly net income after investment gains slumped and the conglomerate's insurance operations reported lower profits.The Omaha, Neb.-based company continued to put more of its massive cash trove to work, repurchasing more of its own shares…