Berkshire

MIT Sloan CFO Summit Presents “Delivering Results” with CFOs from Delta Airlines, GE, Honeywell, Johnson & Johnson and Pfizer

Retrieved on: 
Wednesday, September 6, 2023

The MIT Sloan CFO Summit , the premier conference for CFOs, celebrates its 21st anniversary connecting financial leaders across a broad mix of business structures, stages and sectors.

Key Points: 
  • The MIT Sloan CFO Summit , the premier conference for CFOs, celebrates its 21st anniversary connecting financial leaders across a broad mix of business structures, stages and sectors.
  • The nation’s preeminent one-day CFO conference, to be held Tuesday, November 14, 2023, attracts 400+ CFOs and senior financial executives.
  • “Just as CFOs are very deliberate in the steps they take to lead their companies, so too are we very attentive in setting the agenda for the CFO Summit,” said Jeremy Seidman , Chair of the MIT Sloan CFO Summit.
  • Closing keynote with Jonathan Fleming, Senior Lecturer, Trust Center for MIT Entrepreneurship in conversation with David Denton, Chief Financial Officer and Executive Vice President, Pfizer Inc.

TMI TRUST COMPANY JOINS ARGENT FINANCIAL GROUP

Retrieved on: 
Tuesday, August 29, 2023

TMI Trust Company will now operate as a wholly owned subsidiary of Argent under its new name Argent Institutional Trust Company.

Key Points: 
  • TMI Trust Company will now operate as a wholly owned subsidiary of Argent under its new name Argent Institutional Trust Company.
  • "We are pleased to move forward with TMI joining Argent," said Argent Financial Group CEO Kyle McDonald.
  • As previously announced, Guthrie joins Argent Financial Group as president, remaining executive chairman of Argent Institutional Trust Company.
  • Management of Argent Institutional Trust Company and its operating businesses remains fully in place post-merger under the leadership of TMI Trust CEO Steve Eason.

AM Best Affirms Credit Ratings of United States Liability Insurance Company and Its Subsidiaries

Retrieved on: 
Thursday, August 24, 2023

AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of “aa+” (Superior) of United States Liability Insurance Company (USLI) and its subsidiaries: Mount Vernon Fire Insurance Company, U.S. Underwriters Insurance Company (Bismarck, ND), Mount Vernon Specialty Insurance Company and Radnor Specialty Insurance Company.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of “aa+” (Superior) of United States Liability Insurance Company (USLI) and its subsidiaries: Mount Vernon Fire Insurance Company, U.S. Underwriters Insurance Company (Bismarck, ND), Mount Vernon Specialty Insurance Company and Radnor Specialty Insurance Company.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Berkshire Hathaway Inc. News Release

Retrieved on: 
Saturday, August 5, 2023

* Includes certain businesses in which Berkshire had between a 20% and 50% ownership interest.

Key Points: 
  • * Includes certain businesses in which Berkshire had between a 20% and 50% ownership interest.
  • Approximately $1.4 billion was used to repurchase Berkshire shares during the second quarter of 2023, bringing the six-month total to $5.8 billion.
  • In addition to the GAAP presentations of net earnings, Berkshire shows operating earnings defined as net earnings exclusive of investment and derivative gains (losses) and impairments of goodwill and intangible assets.
  • In sum, investment gains (losses) for any particular period are not indicative of quarterly business performance.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates RETA, EQRX, DFFN

Retrieved on: 
Thursday, August 3, 2023

If you are a Reata shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Reata shareholder, click here to learn more about your rights and options .
  • If you are an EQRx shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Former Compass Manager Scott Brown Now with Berkshire Hathaway HomeServices California Properties

Retrieved on: 
Monday, July 31, 2023

In a move signifying his belief in the company’s values and brand reputation, Scott Brown has joined Berkshire Hathaway HomeServices California Properties to work as the Director of Agent Growth & Development and an expanded role as a Co-Director of the BHHSCP Commercial Division.

Key Points: 
  • In a move signifying his belief in the company’s values and brand reputation, Scott Brown has joined Berkshire Hathaway HomeServices California Properties to work as the Director of Agent Growth & Development and an expanded role as a Co-Director of the BHHSCP Commercial Division.
  • As a sales manager of Compass, Brown was integral to its national expansion.
  • “I’m excited to be with a brokerage that is more closely aligned with my morals and business philosophy,” said Brown.
  • “The reputation of Berkshire Hathaway is very well-deserved.”
    To that, Mosier concludes: “We are equally excited that Scott found his place at California Properties.

Two Berkshire Partners Managing Directors Selected by GrowthCap for the “Top Women Leaders in Growth Investing of 2023” Award

Retrieved on: 
Thursday, July 27, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230727399757/en/
    Since joining Berkshire in 2000, Payne has made significant contributions to the firm and its consumer-focused investments.
  • Payne is active in various charitable activities including the National Multiple Sclerosis Society where she served as a board member.
  • “Berkshire Partners has many outstanding women leaders who Marni and I feel fortunate to work and collaborate with,” said Hoffman.
  • A fee was paid for these award entries; however, no compensation was paid in connection with the ranking or award.

AM Best Affirms Credit Ratings of Berkshire Hathaway GUARD Insurance Companies’ Members

Retrieved on: 
Wednesday, July 26, 2023

AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” (Superior) of WestGUARD Insurance Company, AmGUARD Insurance Company, EastGUARD Insurance Company, NorGUARD Insurance Company and AZGUARD Insurance Company (Omaha, NE), which operate under an intercompany pooling agreement.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” (Superior) of WestGUARD Insurance Company, AmGUARD Insurance Company, EastGUARD Insurance Company, NorGUARD Insurance Company and AZGUARD Insurance Company (Omaha, NE), which operate under an intercompany pooling agreement.
  • These companies are members of Berkshire Hathaway GUARD Insurance Companies (GUARD) and are domiciled in Wilkes-Barre, PA, unless otherwise specified.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Data Center Market Insights 2023: The UK's Current & Future Facilities Analyzed in Detail - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 26, 2023

This comprehensive excel-based product provides an in-depth analysis of the colocation data centers in the UK, offering invaluable insights into the current and upcoming facilities.

Key Points: 
  • This comprehensive excel-based product provides an in-depth analysis of the colocation data centers in the UK, offering invaluable insights into the current and upcoming facilities.
  • The database includes a detailed analysis of 197 existing data centers and 33 upcoming data centers, encompassing various locations across the UK.
  • The market has seen substantial growth, fueled by investments from key data center operators such as Ark Data Centres, Equinix, Echelon Data Centres, Iron Mountain, Kao Data, ST Telemedia Global Data Centres (VIRTUS Data Centres), Yondr, Teledata, among others.
  • Equinix, VIRTUS Data Centres, and Digital Realty contribute to over 30% of the existing IT Load capacity in the UK Data Center Market.

Berkshire Partners Announces that Amy Su Joins the Firm as Advisory Director

Retrieved on: 
Wednesday, July 19, 2023

Berkshire Partners today announced that Amy Su has joined the firm as an Advisory Director to Berkshire Partners Private Equity.

Key Points: 
  • Berkshire Partners today announced that Amy Su has joined the firm as an Advisory Director to Berkshire Partners Private Equity.
  • “I have worked with Berkshire Partners many times over the years and have admired the firm’s collaborative approach to working with their portfolio companies,” said Su.
  • “I’m excited to expand my role with Berkshire Partners’ portfolio companies and be a catalyst for positive change and progression.”
    In her role as Advisory Director, Ms. Su will provide support to a range Berkshire Partners Private Equity portfolio companies including SRS Distribution Inc. , Harvey Performance Company , and Parts Town .
  • “We have consistently been impressed with the contributions Amy has delivered as a consultant to our private equity team’s capabilities over the years, and we’re excited to bring her on board as an Advisory Director,” said Greg Pappas, Managing Director, Berkshire Partners.