Berkshire Hathaway buys back $9.6B of its own stock but profits decline
Its overall profit fell more than 28% as the value of its investments changed.
ARCHIVED · 2 LEFT · 1 CENTER · 1 RIGHT · Nov 7, 7:40 PM
ABC News - Business and The Washington Times describe the same event in different terms.
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WORDING GAP
4 sources · 3 bias buckets · Medium confidence
Mostly Same. The left frames it as "Berkshire Hathaway buys back $9.6B of its own stock but profits decline". The right frames it as "Berkshire Hathaway buys back $9.6B of its own stock but its profits declined".
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Nov 7, 3:06 PM: The Washington Times joined the source map.
Nov 7, 3:13 PM: Globe and Mail joined the source map.
Nov 7, 3:23 PM: CNBC joined the source map.
Nov 7, 4:53 PM: ABC News - Business joined the source map.
Now: Wording Gap is 29/99 and story health is live match · 4 sources · 3 buckets · comparable news format.
ARCHIVED SOURCES
Its overall profit fell more than 28% as the value of its investments changed.
Berkshire Hathaway said Saturday it accelerated its share repurchases during the third quarter, as operating and overall profits took a hit.
Company’s cash pile also returned to growing in the third quarter
Berkshire Hathaway repurchased $9.6 billion worth of its own shares in the third quarter, but Geico disappointed and its overall profit fell more than 28% as the value of its investments ch...