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Berkshire profit doubles to record on Kraft Heinz
November 7, 2015 by elegant · Leave a Comment
By Jonathan Stempel and Jennifer Ablan NEW YORK (Reuters) – Warren Buffett's Berkshire Hathaway Inc said quarterly profit doubled to a record high, reflecting a large gain on its stake in Kraft Heinz Co , while operating profit declined on weaker results from insurance underwriting. Operating profit fell 4 percent to $4.55 billion, or $2,769 per share, from $4.72 billion, or $2,876. Analysts on average expected operating profit of $2,720.60 …
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Berkshire profit doubles to record on Kraft Heinz
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Boeing eyes new partnerships, sees upward pressure on 737 output
November 7, 2015 by creative · Leave a Comment
Boeing expects to announce new industrial partnerships with an emphasis on defense at the Dubai Airshow, expanding on tie-ups in commercial aerospace, executives said on Saturday. Gulf-based sources have said they expect Boeing to expand its ties with both companies at the Nov 8-12 air show. “There will be a couple of announcements at the show related to increased partnerships and I'll leave it at that,” Bernard Dunn, president of Boeing Middle East, North Africa
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Boeing eyes new partnerships, sees upward pressure on 737 output