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Berkshire Hathaway shares rise after Buffett's company reports rising profits



Berkshire Hathaway Class B shares jump after Warren Buffett's company reported better than expected earnings for the second quarter.

7 percent by the close on Friday.

Class B shares rose 2.8% on Monday after the results.

The company's stock has lagged the market this year. Its shares rose 1 percent from Friday to Friday, up 6.2 percent versus the S & P 500.

Each Berkshire Hathaway Class A Share is convertible into 1,500 Class B Common Shares at the option of the holder. [19659009]
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