Hints and tips:
...The company spent billions of dollars acquiring truck-stop operator Pilot Flying J and insurance conglomerate Alleghany in recent years, adding them to a portfolio that includes ice cream purveyor Dairy...
...Because, like, you know, I just watched The Mother, which is why J. Lo is so heavily on my mind. J. Lo is 54 years old right now. In the movie, Diane Keaton is 56....
...Pilot, which also operates the Flying J brand, sells fuel, food and merchandise to truckers and provides showers among other services....
...Christopher Rossbach, chief investment officer of longtime Berkshire shareholder J Stern & Co, said investors would have to wait to see whether the executives who have worked side-by-side with the two men...
...“The fact the economy has stayed resilient even if overall growth has been subdued, that is a very positive thing,” said Christopher Rossbach, chief investment officer of J Stern & Co, a longtime shareholder...
...Joining Plotkin and Schnall in the new ownership group is the sports-focused investment fund Dyal HomeCourt Partners, a division of asset management firm Blue Owl, and rapper J Cole, a North Carolina native...
...For the first time the figure includes the results of truck stop business Pilot Flying J, which Berkshire took majority control of in January....
...“There are tremendous opportunities for Berkshire’s businesses to work together,” said Chris Rossbach, chief investment officer at fund manager J Stern & Co....
...Buffett’s annual letter on Saturday laid out in no uncertain terms the challenges they will confront, my colleague Eric Platt in New York reports....
...“Luxury is about experience and Tiffany’s story is based on one of the most iconic experiences in storytelling of all time,” said Chris Rossbach, chief investment officer at fund manager J Stern & Co, which...
...The company disclosed on Saturday that it had bought a 41.4 per cent stake in truck stop chain Pilot Flying J for $8.2bn in January, giving it a majority stake in the business....
...J. Christopher Flowers, the private equity investor known for reviving failed financial institutions, has warned that private capital’s push into insurance is coming with systemic risks....
...Small accounts were among the bidders this past week that helped send shares of the railroad-to-confectioner conglomerate to a record high, DD’s Eric Platt reports....
...“The board changes are about both ensuring the continuity of the values and legacy,” said Christopher Rossbach, chief investment officer of J Stern & Co, a longtime Berkshire shareholder....
...eric.platt@ft.com Twitter: @ericgplatt...
...To avoid bankruptcy, Twitter could do the following, the FT’s Tabby Kinder, Richard Waters and Eric Platt explain: Pay the interest from Twitter’s dwindling cash reserves (the company only has a cash position...
Co-chiefs to gain $8m each if ousted from property group as it deals with cash crunch
...Neiman Marcus, J Crew, Lord & Taylor, Brooks Brothers and JC Penney all filed for bankruptcy this year....
...Additional reporting by Eric Platt in New York...
...J Stern manages money for the Stern family, which has held Berkshire shares for decades, as well other investors....
...J Crew, another staple of the American shopping mall, filed for bankruptcy protection on Monday. When the pandemic is over, the American mall won’t look the same. How did we get here?...
Reining in of property expansion will cut real estate demand in key urban markets
...Maybe we just don’t need J Crew any more....
...LVMH: designer sanitiser Eau de toilette has taken on a new meaning at LVMH’s factory outside Orléans where popular fragrances like Christian Dior’s J’Adore are created....
...Sports spin cycle studios (FT) Due Diligence is written by Arash Massoudi, Kaye Wiggins and Robert Smith in London, Javier Espinoza in Brussels, James Fontanella-Khan, Ortenca Aliaj, Sujeet Indap, Eric Platt...
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