Berkshire Hathaway net falls, operating profit rises


- Warren Buffett's Berkshire Hathaway Inc on Saturday said fourth-quarter profit declined 17 percent as investment gains declined, but operating results improved.

Herbalife cuts pay of CEO Johnson 36 percent after missed targets

BOSTON - Herbalife Ltd cut the pay of Chief Executive Michael Johnson 36 percent for 2014 after the nutrition and weight loss company failed to meet performance goals set for him and other top executives, according to a securities filing on Friday.

10:33am EST

Bankia's 2014 profit hit by IPO compensation provisions

MADRID - Spanish lender Bankia reported annual profit hurt by provisions put aside to cover potential compensation claims linked to its 2011 stock market listing which was followed one year later by a state bail-out.

3:55am EST

Icahn's investment fund posts first loss since 2008 on oil plunge

NEW YORK - Billionaire activist investor Carl Icahn's publicly traded investment fund posted its first annual loss since 2008 last year, undone by plummeting oil prices, the company said in a regulatory filing on Friday. | Video

27 Feb 2015

VW says no guarantee of success in 2015

BERLIN - Volkswagen stuck to its guidance for operating profit even after delivering record earnings last year, saying falling demand in key markets may weigh on its business.

27 Feb 2015

Porsche SE says sees 2014 profit after tax of $3.36 billion

FRANKFURT - Porsche Automobil Holding SE on Friday said the rising value of its stake in auto maker Volkswagen helped lift after tax earnings for 2014 to 3 billion euros ($3.36 billion).

27 Feb 2015

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