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Berkshire Profit Rises On Investment Gains, Non-Insurance Businesses

OMAHA (dpa-AFX) - Warren Buffett's Berkshire Hathaway (BRK-A) on Friday reported a sharp increase in second-quarter profit, aided by investment gains as well as earnings from its railroad, utilities, manufacturing and retail businesses. The results come amid a pickup in the U.S. economy, continued strength in employment level, and increased consumer spending. [...]

Berkshire Hathaway Q2 Profit Rises

OMAHA (dpa-AFX) - Billionaire Warren Buffett's Berkshire Hathaway Inc. (BRK.A, BRK.B) reported second-quarter net earnings attributable to Berkshire shareholders of $6.4 billion or $3,889 per Class A equivalent share, up from $4.5 billion or $2,763 per Class A equivalent share in the year-ago quarter. Operating earnings rose to $4.33 billion or $2,634 [...]

ANI Pharma Acquires Vancocin Capsules, Additional Vancomycin Assets From Shire

WASHINGTON (dpa-AFX) - ANI Pharmaceuticals, Inc. (ANIP) said Friday that it has acquired the US rights for Vancocin 125 mg and 250 mg capsules from Shire plc. In addition, ANI acquired from Shire approved ANDAs for the currently non-marketed products vancomycin hydrochloride injectable 500 mg, 1 gm and 10 gm and vancomycin hydrochloride oral solution [...]

Major Averages Close Moderately Lower But Well Off Worst Levels

WASHINGTON (dpa-AFX) - While selling pressure was relatively subdued compared to the previous session, stocks moved mostly lower during trading on Friday. The losses on the day extended yesterday's sell-off, with the Dow and the S&P 500 falling to two-month closing lows. After helping to lead the markets lower in the previous session, networking stocks [...]

Porsche Cars North America July Sales Up

STUTTGART (dpa-AFX) - Porsche Cars North America, Inc. (POAHY.PK, POAHF.PK) Friday announced July 2014 sales of 4,300 vehicles, up from 3,820 vehicles last year. Boxter/Cayman sales dropped to 559 units from 976 units last year. 911 models had sales of 849 units, up from 794 units last year. Cayenne sales decreased to 1,546 units from 1,563 units last [...]

News Corp Completes Harlequin Acquisition

NEW YORK CITY (dpa-AFX) - News Corp. (NWS, NWSA) said Friday that it has completed its acquisition of Harlequin Enterprises from Torstar Corp., bolstering and extending the global platform and digital presence of its HarperCollins Publishers subsidiary. Harlequin will operate as a division of HarperCollins and remain headquartered in Toronto, as do the [...]

Treasuries Move Notably Higher In Reaction To Jobs Data

WASHINGTON (dpa-AFX) - After ending the previous session nearly flat, treasuries showed a strong move to the upside over the course of the trading day on Friday. Bond prices moved steadily higher throughout much of morning trading before moving roughly sideways in the afternoon. Subsequently, the yield on the benchmark ten-year note, which moves opposite [...]

BMW Group U.S. July Sales Up 7.4%

MUNICH (dpa-AFX) - BMW Group in the U.S., BMW and MINI combined, on Friday reported July sales of 32,220 vehicles, an increase of 7.4% from the 29,993 vehicles sold in the same month last year. Sales of BMW brand vehicles increased 9.8% to 26,409 vehicles in July, with car sales up 11.4% and light truck sales up 4%. "The sales momentum that's been [...]

Mitsubishi Motors North America July Sales Up 21.4%

TOKYO (dpa-AFX) - Mitsubishi Motors Corp. (7211, MMTOF.PK) Friday reported July sales of 6,349 units, up 21.4 percent from 5,230 units last year. The stylish and American-made Outlander Sport 5-passenger compact crossover/SUV was the brand's volume leader with sales of 2,610 units in July - its best July sales month since the model was launched back in [...]

DGAP-Adhoc: Fabasoft AG announces preliminary figures for the first three months of the fiscal year 2014/2015 (english)

Fabasoft AG announces preliminary figures for the first three months of the fiscal year 2014/2015 Fabasoft AG / Key word(s): Quarter Results 01.08.2014 21:30 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. [...]
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