Hints and tips:
...One area of weakness for Berkshire proved to be its McLane wholesale food distribution unit, which it blamed on tough competition. It said sales declined in the period after it lost customers....
...However, Mr Gelb noted profits from non-insurance operations such as McLane, a grocery delivery business, and a cluster of manufacturing companies, were a little weaker than he had expected....
...Barclays, the UK bank, has similarly seen a 1 per cent increase in the number of women in senior roles year on year for the past three years, according to the group’s head of diversity, Mark McLane....
...After Mr Barg moved to Singapore, Citigroup poached Will McLane from his role as head of financial institutions coverage at Morgan Stanley in Hong Kong to become head of investment banking for southeast...
...Morgan Stanley declined to comment on Mr McLane’s move....
...Chuck McLane, chief financial officer, said Alcoa had “an excellent first quarter”....
...Mr McLane spelt out numerous steps that the company has taken to alleviate inflationary pressures, such as new sources of raw materials....
...He will be replaced as head of the firm’s financial services group in Asia by Will McLane, a senior banker in the same unit....
International Edition