Buffetts Berkshire posts 355 billion profit buys back more stock

OMAHA, Nebraska, May 6 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) on Saturday said its first-quarter profit totaled $35.5 billion, reflecting gains from common stocks such as Apple Inc (AAPL.O), while higher income from investments bolstered operating profit. Net income equaled $24,377 per Class A share, and swelled from…Read More