Berkshire surprised with record buybacks, but pace slowed as the stock rose
· livemint.com
Also noteworthy from the company’s third-quarter results were big revenue and earnings gains for the company’s railroad unit, BNSF, and a drop in profits for its huge insurance group.
Geico, as expected, had the insurance group’s largest decline in underwriting profits of about 45%, reflecting more competitive conditions in the auto insuran...