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Berkshire Hathaway's earnings jump 51 percent

7:35 PM, May 3, 2013  |  Comments
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OMAHA, Neb. - Berkshire Hathaway's first-quarter profit jumped 51 percent as its insurance companies performed well and the value of its investments soared.

Warren Buffett's firm said Friday it earned $4.89 billion, or $2,977 per Class A share. That's up from last year's $3.25 billion net income, or $1,966 per Class A share.

The Omaha-based conglomerate says its revenue grew 15 percent to $43.87 billion from $38.15 billion last year.

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If you've ever answered "Who has the ball?" with "It's halftime," you might recognize The Airhead. Check out the characters in our cartoon gallery of oddball fans.

Special Reports