At a Glance: Berkshire Hathaway's 2Q earnings

AP News
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Posted: Aug 05, 2011 8:49 PM
At a Glance: Berkshire Hathaway's 2Q earnings

Berkshire Hathaway says it generated $3.4 billion net income during the second quarter. Here's a breakdown of the major contributors to the company's profits:

INVESTMENTS AND DERIVATIVES: Added $713 million net income, up from last year's $1.1 billion loss.

RAILROAD: Hauled in $690 million net income, up from $603 million last year.

MANUFACTURING, SERVICE and RETAIL: Added $789 million, up from $671 million last year.

UTILITIES: Added $215 million, down from $233 million.

INSURANCE UNDERWRITING: Recorded a $7 million loss this year, down from last year's $462 million net income.