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Berkshire 1Q profit drops on insurance losses

May 01, 2011

OMAHA, Neb. (AP) -- Berkshire Hathaway's first-quarter profits fell 58 percent because of an estimated $1.7 billion in pretax insurance losses from major disasters in Japan, Australia and the U.S....

Source URL: http://hosted.ap.org/dynamic/stories/U/US_EARNS_BERKSHIRE_HATHAWAY?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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