NYSE:BRKA

AM Best Affirms Credit Ratings of National Indemnity Company and Its Affiliates

Retrieved on: 
Thursday, March 28, 2024
Banking, Professional Services, Insurance, Finance, National Indemnity Company, BRK, ERM, ALL, News, FSR, Credit, Berkshire Hathaway, AM Best, Superior

AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aaa” (Exceptional) of National Indemnity Company (Omaha, NE) and its affiliates (collectively referred to as National Indemnity).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aaa” (Exceptional) of National Indemnity Company (Omaha, NE) and its affiliates (collectively referred to as National Indemnity).
  • The ratings of National Indemnity reflect its balance sheet strength, which AM Best assesses as strongest, as well as its very strong operating performance, very favorable business profile and appropriate enterprise risk management (ERM).
  • 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 .

Berkshire Hathaway Inc. News Release

Retrieved on: 
Saturday, February 24, 2024
Other Philanthropy, Other Manufacturing, Other Retail, Manufacturing, Retail, Other Professional Services, Insurance, Business, Other Transport, Other Energy, Finance, Utilities, Rail, Media, Communications, Asset Management, Transport, Energy, Professional Services, Philanthropy, Foundation, Regulation, GAAP, Investment, Bank

Approximately $2.2 billion was used to repurchase Berkshire shares during the fourth quarter of 2023 bringing the total for the year to approximately $9.2 billion.

Key Points: 
  • Approximately $2.2 billion was used to repurchase Berkshire shares during the fourth quarter of 2023 bringing the total for the year to approximately $9.2 billion.
  • This press release includes certain non-GAAP financial measures.
  • Berkshire presents its results in the way it believes will be most meaningful and useful, as well as most transparent, to the investing public and others who use Berkshire’s financial information.
  • 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.

Berkshire Hathaway Inc. News Release

Retrieved on: 
Tuesday, February 20, 2024
Online Retail, Other Retail, Professional Services, Utilities, Energy, Other Manufacturing, Retail, Rail, Insurance, Transport, Finance, Manufacturing, Berkshire Hathaway, The Annual Report, Common, Internet, Annual report

Berkshire Hathaway Inc.’s 2023 Annual Report to the shareholders will be posted on the Internet on Saturday, February 24, 2024, at approximately 8:00 a.m. eastern time where it can be accessed at www.berkshirehathaway.com .

Key Points: 
  • Berkshire Hathaway Inc.’s 2023 Annual Report to the shareholders will be posted on the Internet on Saturday, February 24, 2024, at approximately 8:00 a.m. eastern time where it can be accessed at www.berkshirehathaway.com .
  • Concurrent with the posting of the Annual Report, Berkshire will also issue an earnings release.
  • The Annual Report will include Warren Buffett’s annual letter to shareholders as well as information about Berkshire’s financial position and results of operations.
  • Berkshire Hathaway and its subsidiaries engage in diverse business activities including insurance and reinsurance, utilities and energy, freight rail transportation, manufacturing, retailing and services.

Duracell and Inter Miami CF Score a Multi-Year Partnership to Power Up the Club

Retrieved on: 
Thursday, February 15, 2024
Sports, Other Retail, Retail, Soccer, Other Sports, DRV PNK Stadium, Duracell, Partnership, Inter Miami CF, History, GPS, Multimedia, DRV, Sport, Electric battery

Inter Miami CF announced a multi-year partnership, with the #1 trusted battery brand, Duracell today, solidifying the brand as its Official Power partner.

Key Points: 
  • Inter Miami CF announced a multi-year partnership, with the #1 trusted battery brand, Duracell today, solidifying the brand as its Official Power partner.
  • View the full release here: https://www.businesswire.com/news/home/20240215575216/en/
    With a shared ambition to never accept the status quo, the partnership between Duracell and Inter Miami CF integrates the power of the #1 trusted battery brand into the core of the South Florida fútbol club.
  • Furthermore, they will collaborate to produce captivating content for Inter Miami fans - powering their fandom even off the pitch.
  • “Inter Miami is honored to welcome a world-renowned brand like Duracell to the team and takes great pride in being Duracell’s first partnership in the realm of fútbol,” said Xavier Asensi, Inter Miami Chief Business Officer.

Berkshire Hathaway Completes Acquisition of Remaining Interest in Pilot Travel Centers LLC

Retrieved on: 
Tuesday, January 16, 2024
Other Energy, Other Retail, Professional Services, Utilities, Energy, Retail, Rail, Engineering, Insurance, Transport, Finance, Manufacturing, Pilot Flying J, Berkshire Hathaway, Pilot Corporation

(BRK.A; BRK.B) – Pursuant to the terms of a settlement agreement reached with Pilot Corporation, Berkshire Hathaway Inc. has acquired Pilot Corporation’s remaining 20% interest in Pilot Travel Centers LLC effective today. Berkshire Hathaway now owns 100% of Pilot Travel Centers.

Key Points: 

(BRK.A; BRK.B) – Pursuant to the terms of a settlement agreement reached with Pilot Corporation, Berkshire Hathaway Inc. has acquired Pilot Corporation’s remaining 20% interest in Pilot Travel Centers LLC effective today. Berkshire Hathaway now owns 100% of Pilot Travel Centers.

Berkshire Hathaway Reaches Settlement with Pilot Corporation

Retrieved on: 
Monday, January 8, 2024
Insurance, Rail, Other Retail, Finance, Other Energy, Transport, Utilities, Professional Services, Energy, Retail, Pilot Flying J, National Indemnity Company, Berkshire Hathaway, Pilot Corporation

(BRK.A; BRK.B) – Berkshire Hathaway Inc. is pleased to announce that it has reached an agreement to fully settle the Delaware litigation, including all claims and counterclaims, between Pilot Corporation and Berkshire Hathaway Inc., Pilot Travel Centers LLC, and National Indemnity Company.

Key Points: 

(BRK.A; BRK.B) – Berkshire Hathaway Inc. is pleased to announce that it has reached an agreement to fully settle the Delaware litigation, including all claims and counterclaims, between Pilot Corporation and Berkshire Hathaway Inc., Pilot Travel Centers LLC, and National Indemnity Company.

Berkshire Hathaway Inc. News Release

Retrieved on: 
Tuesday, November 28, 2023
Other Retail, Professional Services, Utilities, Energy, Food, Beverage, Other Manufacturing, Fashion, Retail, Rail, Insurance, Transport, Finance, Manufacturing, Berkshire Hathaway, Family

(BRK.A; BRK.B) – Berkshire Hathaway a few minutes ago was advised by members of Charlie Munger’s family that he peacefully died this morning at a California hospital.

Key Points: 
  • (BRK.A; BRK.B) – Berkshire Hathaway a few minutes ago was advised by members of Charlie Munger’s family that he peacefully died this morning at a California hospital.
  • Warren Buffett, CEO of Berkshire Hathaway, wishes to say: “Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation.”
    The family will handle all affairs pursuant to Charlie’s instructions.

Berkshire Hathaway Inc. News Release

Retrieved on: 
Tuesday, November 21, 2023
Other Philanthropy, Other Manufacturing, Other Retail, Manufacturing, Retail, Other Professional Services, Business, Insurance, Other Energy, Utilities, Finance, Rail, Communications, Media, Energy, Transport, Professional Services, Asset Management, Philanthropy, Foundation, Douglas County Courthouse (Illinois), Behavior, Organization, Mortality, Douglas County Courthouse, Buffett Foundation, Health, Trustee, Stenosis, Death, Happiness, Judgement, Capitalism, Thanksgiving

Berkshire – one of the largest and most diversified companies in the world – will inevitably encounter human errors in judgment and behavior.

Key Points: 
  • Berkshire – one of the largest and most diversified companies in the world – will inevitably encounter human errors in judgment and behavior.
  • But these mistakes are unlikely to be serious at Berkshire and will be acknowledged and corrected.
  • In the short-term, Berkshire’s distinctive characteristics and behavior will be supported by my large Berkshire holdings.
  • And to all of my partners in ownership of Berkshire, I wish you and your families the best in health and happiness.

Berkshire Hathaway Inc. News Release

Retrieved on: 
Saturday, November 4, 2023
Other Retail, Professional Services, Utilities, Energy, Food, Beverage, Other Manufacturing, Fashion, Retail, Rail, Insurance, Transport, Finance, Manufacturing, Investment, GAAP, Regulate... G Funk Era, Part II, Berkshire, Regulation, Bank

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 $1.1 billion was used to repurchase Berkshire shares during the third quarter bringing the nine month total to approximately $7.0 billion.
  • This press release includes certain non-GAAP financial measures.
  • 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.

Berkshire Hathaway Inc. Information Regarding Third Quarter Earnings Release

Retrieved on: 
Thursday, November 2, 2023
Other Energy, Other Retail, Professional Services, Utilities, Energy, Food, Beverage, Other Manufacturing, Retail, Rail, Insurance, Transport, Manufacturing, Form 10-Q, Internet, Berkshire Hathaway, Air cargo, Information technology

(BRK.A; BRK.B) – Berkshire Hathaway Inc.’s third quarter earnings release and its quarterly report on Form 10-Q will be posted on the Internet on Saturday, November 4, 2023, at approximately 7:00 a.m. Central time where it can be accessed at www.berkshirehathaway.com .

Key Points: 

(BRK.A; BRK.B) – Berkshire Hathaway Inc.’s third quarter earnings release and its quarterly report on Form 10-Q will be posted on the Internet on Saturday, November 4, 2023, at approximately 7:00 a.m. Central time where it can be accessed at www.berkshirehathaway.com .