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Wesco Financial Corporation



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5Vote!

Wesco Trades at a Discount, but Is It Better than Berkshire?

Ravi Nagarajan submits: Wesco Financial Corporation ( WSC ) reported results for the third quarter Friday. The company issued a press release and filed the 10-Q report with the SEC. Wesco Financial is a publicly traded, 80% owned subsidiary of Berkshire Hathaway ( BRK.A ). Berkshire Hathaway also released third quarter earnings Friday. Wesco reported net income per share of $1.39 for the third quarter...

4Vote!

Wesco Financial Corporation Issues Third Quarter 2009 Earnings

PASADENA, Calif.--(BUSINESS WIRE)--Unaudited consolidated net income of Wesco Financial Corporation (NYSE AMEX:WSC) and its subsidiaries for the third quarter of 2009 amounted to $9,882,000 compared to $16,164,000 for the third quarter of 2008. Unaudited consolidated net income for the first nine months of 2009 was $42,771,000 compared to $58,454,000 for the first nine months of 2008. Wesco’s...

4Vote!

Wesco Financial Corporation Issues Second Quarter 2009 Earnings

PASADENA, Calif.--(BUSINESS WIRE)--Unaudited consolidated net income of Wesco Financial Corporation (AMEX:WSC) and its subsidiaries for the second quarter of 2009 amounted to $12,930,000 compared with $21,573,000 for

1Vote!

Wesco Financial Corporation Issues First Quarter 2009 Earnings

PASADENA, Calif.--(BUSINESS WIRE)--Unaudited consolidated net income of Wesco Financial Corporation (AMEX:WSC) and its subsidiaries for the first quarter of 2009 amounted to $19,959,000 compared with $20,717,000 for

3Vote!

Wesco Financial Corp. Chairman Charlie Munger's Letter to Shareholders

Charlie Munger's annual letter to shareholders of Wesco Financial Corporation was published on March 27. Wesco Financial is a publicly traded company that is 80 percent owned by Berkshire Hathaway. Charlie Munger is Berkshire Hathaway's longtime Vice Chairman and also serves as Chairman and President of Wesco Financial. Compared to Warren Buffett 's letters to shareholders of Berkshire Hathaway, Charlie...

4Vote!

Wesco Financial Corporation Issues Calendar 2008 Earnings

PASADENA, Calif. - Consolidated net income of Wesco Financial Corporation and its subsidiaries for the fourth quarter of 2008 amounted to $23,662,000 compared with $34,420,000 for the fourth quarter of 2007. Consolidated net income for the year ended December 31, 2008 was $82,116,000 compare