Warren Buffett's Berkshire Hathaway swings to Q2 profit, operating earnings up 6%

Warren Buffett’s Berkshire Hathaway swung to a profit in the second quarter owed to its investment portfolio and insurance holdings, according to a release out Saturday. The holding company with businesses that range from insurer Geico and railroad BNSF Railway to Dairy Queen restaurants and its own energy division posted net income of $35.9 billion, or $24,775 a class A share equivalent. That compared with a loss of $43.8 billion, or $29,754 a class A share equivalent, a year earlier. Berkshire’s BRK.A, BRK.B, operating earnings, a figure Warren Buffett wants...