Among the companies with shares expected to actively trade in
Monday's session are Berkshire Hathaway Inc. (BRKA, BRKB) and
Cheniere Energy Inc. (LNG)
Warren Buffett's Berkshire Hathaway said second-quarter profit
fell 9% to $3.11 billion on declining results in its derivative
portfolio and a failure to repeat a big investment gain it chalked
up a year earlier. But operating earnings, Buffett's preferred
metric for evaluating his company, jumped 38% and beat analyst
expectations. Class B shares were up 57 cents to $86.15 after
hours.
Cheniere's second-quarter loss widened as the
liquefied-natural-gas-focused energy company was saddled with
higher development costs and revenue dropped. Cheniere Energy
Partners L.P. (CQP), a limited partnership formed and controlled by
Cheniere, also saw its loss widen on the higher capital expenses.
Cheniere's shares slipped 1.2% to $13.60 after hours.
Watchlist:
Citigroup Inc. (C) disclosed law-enforcement agencies are
demanding more information about the bank's involvement in setting
Libor interest rates.
CompuCredit Holdings Corp. (CCRT) said it sold its debt-recovery
business to equity investment firm Flexpoint Ford LLC for about
$130.5 million, giving the specialty finance company new funds to
expand other parts of its business.
-Write to Nathalie Tadena at nathalie.tadena@dowjones.com
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