Sunday 26 February 2012

Berkshire's NetJets profit up; focus on China

Berkshire Hathaway's fourth-quarter profit fell sharply, in part on an underwriting loss in its reinsurance business related to life insurance, the company said on Saturday.By Tapan Panchal LONDON -(MarketWatch)- Cookson Group PLC , a materials science company, Thursday said it has entered into an agreement to sell its US Precious Metals business to Richline Group Inc., a unit of Berkshire Hathaway Inc (NYSE:BRK.A) .Berkshire's earnings report and Buffett's letter to shareholders

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