CEO Warren Buffett had good news to deliver to Berkshire Hathaway shareholders during Saturday’s annual meeting at CenturyLink Center Omaha.
The company's first-quarter profit more than doubled to $3.2 billion. Last year's profits were hurt by insurance losses in the Japanese earthquake and tsunami, as well as other natural disasters.
Berkshire says its revenue grew 13 percent from a year ago to more than $38 billion.
