Berkshire Hathaway

Parks Associates: Disney+ and Apple TV+ Both See Success During First Six Months in the Market

Friday, May 29, 2020 - 1:34pm

The research firm's Market Snapshot: Disney+ and Apple TV+ highlights the impact of the entry of Disney+ and Apple TV+ in OTT market, including insights into the factors driving their growth.

Key Points: 
  • The research firm's Market Snapshot: Disney+ and Apple TV+ highlights the impact of the entry of Disney+ and Apple TV+ in OTT market, including insights into the factors driving their growth.
  • Disney+ has skyrocketed to 25% adoption among US broadband households after just six months in the market.
  • Nearly one-half of Disney+ subscribers canceled another OTT service over the last 12 months, as did roughly two-thirds of Apple TV+ subscribers.
  • Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services.

CIM Group Acquires Junction 20/35 Logistics Center in Fort Worth

Thursday, May 28, 2020 - 4:00pm

CIM Group announced today that it has acquired Junction 20/35, an industrial property of approximately 1,128,000 square feet consisting of cold and dry storage, and an adjacent 14.42-acre land parcel located at 7550 Oak Grove Road in South Fort Worth, Texas.

Key Points: 
  • CIM Group announced today that it has acquired Junction 20/35, an industrial property of approximately 1,128,000 square feet consisting of cold and dry storage, and an adjacent 14.42-acre land parcel located at 7550 Oak Grove Road in South Fort Worth, Texas.
  • Built in 1989, the purpose-built facility has modern clear heights and column spacing, loading bays, a truck court, car and trailer parking, and rail accessibility.
  • The multipurpose facility has been renovated several times, most recently in 2018, and provides freezer and cooler space.
  • The property is also convenient to rail transportation and two major intermodal facilities, BNSF Intermodal Facility and Alliance Global Logistics Hub.

Apple Rush Clarifies Relationship with Hard Rush™ as It Approaches Launch

Thursday, May 28, 2020 - 3:15pm

Moreover, Apple Rushs Pomegranate juice will be a prime ingredient in the formula of Hard Rush, which is expected to be its best selling flavor.

Key Points: 
  • Moreover, Apple Rushs Pomegranate juice will be a prime ingredient in the formula of Hard Rush, which is expected to be its best selling flavor.
  • Hard Rush, Inc. has a large vision for Hard Rush.
  • I am expecting big things for Hard Rush in what's a dynamic category now and will be in the future," said Bob Corr, Hard Rush President.
  • The Apple Rush Company, Inc., through its subsidiary APRU, LLC, is a distributor of CPG products under the trademarked Apple Rush brand, Element brand and other labels.

Basis Vectors Launches $50 Million Private Equity and Technology Fund to Transform and Accelerate High Potential B2B SaaS Companies

Thursday, May 28, 2020 - 1:00pm

NEW YORK, May 28, 2020 /PRNewswire-PRWeb/ -- Basis Vectors , a Berkshire Hathaway-style alternative investment and technology firm, launched today, signaling plans to acquire, transform and accelerate vertically-focused B2B Software as a Service (SaaS) companies.

Key Points: 
  • NEW YORK, May 28, 2020 /PRNewswire-PRWeb/ -- Basis Vectors , a Berkshire Hathaway-style alternative investment and technology firm, launched today, signaling plans to acquire, transform and accelerate vertically-focused B2B Software as a Service (SaaS) companies.
  • Basis Vectors transforms high-potential yet undervalued SaaS companies that demonstrate potential for long-term growth and robust balance sheets, and is uniquely positioned to help companies that have been strained by the global coronavirus pandemic.
  • Instead, we stand shoulder to shoulder with the management of high potential companies by taking over some of the day-to-day operations and scale strategies," said Ambarish Gupta, co-founder and CEO of Basis Vectors.
  • Basis Vectors is a Berkshire Hathaway style alternative investment and technology firm that acquires B2B SaaS companies and sets them on a path to improve capital and resource efficiency.

Nephrology Practice Solutions Names New Chief Medical Officer

Thursday, May 28, 2020 - 11:17am

DENVER, May 28, 2020 /PRNewswire/ -- Nephrology Practice Solutions (NPS) today announced that Dr. Thao Truong Pascual has assumed the role of chief medical officer (CMO).

Key Points: 
  • DENVER, May 28, 2020 /PRNewswire/ -- Nephrology Practice Solutions (NPS) today announced that Dr. Thao Truong Pascual has assumed the role of chief medical officer (CMO).
  • "We are thrilled to welcome Dr. Pascual as chief medical officer," said Dr. Jeff Giullian, chief medical officer for DaVita.
  • Practices that affiliate with NPS receive enhanced practice management expertise and innovative data and technology that can reduce administrative burden.
  • Nephrology Practice Solutions (NPS) is an independent subsidiary of DaVita Inc. that provides services that can help physician practices operate efficiently.

TowneBank Announces Quarterly Cash Dividend

Wednesday, May 27, 2020 - 8:00pm

SUFFOLK, Va., May 27, 2020 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors on May 27, 2020 declared its second-quarter shareholder cash dividend of $0.18 per common share payable on July10, 2020 to shareholders of record on June30, 2020.

Key Points: 
  • SUFFOLK, Va., May 27, 2020 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors on May 27, 2020 declared its second-quarter shareholder cash dividend of $0.18 per common share payable on July10, 2020 to shareholders of record on June30, 2020.
  • The amount and declaration of future cash dividends are subject to Board of Directors approval in addition to regulatory restrictions.
  • TowneBank also offers a full range of financial services through its controlled divisions and subsidiaries that include Towne Investment Group, Towne Wealth Management, Towne Insurance Agency, Towne Benefits, TowneBank Mortgage, TowneBank Commercial Mortgage, Berkshire Hathaway HomeServices Towne Realty, Towne 1031 Exchange, LLC, and Towne Vacations.
  • With total assets of $12.62 billion as of March 31 2020, TowneBank is one of the largest banks headquartered in Virginia.

CASETiFY and HEINZ Launch a Delicious Collaboration

Wednesday, May 27, 2020 - 5:00am

The HEINZ x CASETiFY collection will be available to shop (and enjoy!)

Key Points: 
  • The HEINZ x CASETiFY collection will be available to shop (and enjoy!)
  • "We have a thing for perfect pairings, and our HEINZ collection makes for the most delicious way to dress your tech," said Wes Ng, CASETiFY CEO and Co-founder.
  • CASETiFY worked with Brand Central, Kraft Heinz's outbound licensing agency, and Kraft Heinz to bring the HEINZ tech accessories collection to life.
  • For more information on the HEINZ x CASETiFY collaboration, and to join the waitlist granting early access to the collection on release day, visit www.CASETiFY.com/Heinz .

Sentient Jet Sees New Customers Embrace Private Aviation Following COVID-19 Lockdown

Tuesday, May 26, 2020 - 5:52pm

Sentient Jet , a Directional Aviation company, is seeing new and existing members turn to private aviation as a trusted utility as the COVID-19 lockdown unwinds and travelers seek out the safety and convenience of flying private.

Key Points: 
  • Sentient Jet , a Directional Aviation company, is seeing new and existing members turn to private aviation as a trusted utility as the COVID-19 lockdown unwinds and travelers seek out the safety and convenience of flying private.
  • Of the more than 5,000 private jet hours the company sold since the beginning of April, over 50% came from new customers.
  • Sentient Jet offers a SJ25+ Jet Card for customers to access Sentient Certified jets in Mid, Super-Mid, and Large Cabin categories at competitive, all-inclusive rates with Wi-Fi access guaranteed.
  • Founded in 1999 and now an integral part of Directional Aviation, Sentient Jet is one of the leading private aviation companies in the country.

APRU Announces shipment of Element C to the Upper Midwest

Tuesday, May 26, 2020 - 2:15pm

Apple Rush Company, Inc has delivered two pallets of Element C to a distributor in North Dakota, led by a group of our valued investors.

Key Points: 
  • Apple Rush Company, Inc has delivered two pallets of Element C to a distributor in North Dakota, led by a group of our valued investors.
  • This shipment was delivered at the beginning of last week and presentations are already being made to influential buyers in the market.
  • Apple Rush has a solid presence in North Dakota with its flagship Apple Rush 100% Natural Sparkling Juice and we felt that Element C would be an easy extension.
  • Element C was brought to us after the production run and I felt it was a terrific product.

Squirrels LLC Releases AirParrot 3

Tuesday, May 26, 2020 - 3:04pm

Significant performance advancements and new features highlight AirParrot 3, the latest release in the popular AirParrot product line that has sold over one million units to date.

Key Points: 
  • Significant performance advancements and new features highlight AirParrot 3, the latest release in the popular AirParrot product line that has sold over one million units to date.
  • Squirrels senior application developer Stephen Gerstacker noted that AirParrot 3 uses up to 50% less CPU by offloading video processing to the GPU.
  • AirParrot 3 brings extended desktop functionality to Windows devices, a highly requested AirParrot feature that was previously only available on Mac.
  • AirParrot 3 adds Apple HomePod streaming from Windows devices, an AirParrot feature that was previously only available for Mac.