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Berkshire profit rises 51 percent, shares at record high

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By Jonathan Stempel and Jennifer Ablan OMAHA, Nebraska (Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Friday said quarterly profit rose nearly 51 percent on a solid performance in insurance and by many of its other businesses, as well as gains from investments and derivatives. The results topped expectations and were released after Berkshire shares closed at a record high. . . .

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