Buffett's Berkshire says quarterly profit rises 15 pct
Feb 25 Warren Buffett's Berkshire Hathaway Inc on Saturday said fourth-quarter profit rose 15 percent from a year earlier, helped by gains from investments and derivatives.
Brazilian stocks rose on Wednesday as bargain hunters picked up shares of commodity exporters and steelmakers following three straight sessions of losses.
Among stocks rising in Sao Paulo were state-controlled oil company Petroleo Brasileiro SA and giant mining company Vale SA.
The benchmark Bovespa stock index gained 0.18 percent to 61,237.52 shortly after opening.
NEW YORK, Feb 25 Berkshire Hathaway Inc Chairman Warren Buffett on Saturday offered his latest critique of fund managers, saying that "both large and small investors should stick with low-cost index funds."
* Has received takeover proposals from three bidders (Adds context on M&A process, details)