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Berkshire Profit Climbs 8.2% to $5.59 Billion on Investments

By Tony Seruga

Railroad slumps, insurance unit hit by claims on hail storms
Buffett books gain on Procter & Gamble stock in Duracell deal

Berkshire Hathaway Inc.’s profit rose 8.2 percent in the first quarter as gains at manufacturing units and the investment portfolio overseen by Chairman Warren Buffett offset a slump at insurance units and the railroad.

Net income climbed to $5.59 billion from $5.16 billion a year earlier, the Omaha, Nebraska-based company said Saturday in a statement with preliminary results…

Berkshire Profit Climbs 8.2% to $5.59 Billion on Investments

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