Warren Buffett’s Berkshire Hathaway Cleared to Buy as Much as Half of Occidental’s Shares

Warren Buffett’s Berkshire Hathaway Cleared to Buy as Much as Half of Occidental’s Shares

Warren Buffett’s Berkshire Hathaway has the green light from regulators to purchase as much as 50% of Occidental Petroleum Corp.’s shares, after seeking approval for such a transaction in July. In a regulatory filing Friday, the Federal Energy Regulatory Commission said that Berkshire Hathaway had asked for and received its permission to buy up to … Read more

Syrma SGS Technologies IPO: GMP jumps again as focus shifts to allotment date

Syrma SGS Technologies IPO: GMP jumps again as focus shifts to allotment date

Syrma SGS Technologies IPO: After closure of subscription of the public offer of Syrma SGS Technologies Ltd, focus has now shifted towards Syrma SGS Technologies IPO allotment date, which is most likely on 23rd August 2022. Meanwhile, ahead of share allotment, gray market has gone bullish on Syrma SGS Technology shares. According to market observers, … Read more

Commercial Carpet Market Size to Grow by USD 155.77 Million, Berkshire Hathaway Inc. and Engineered Floors LLC Among Key Vendors

Commercial Carpet Market Size to Grow by USD 155.77 Million, Berkshire Hathaway Inc.  and Engineered Floors LLC Among Key Vendors

NEW YORK, Aug. 19, 2022 /PRNewswire/ — The commercial carpet market size is expected to grow by USD 155.77 mn from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 2.7% during the forecast period. The growing non-residential building construction projects are driving the commercial carpet market … Read more

Why GigaCloud Stock Soared Higher on Friday

Why GigaCloud Stock Soared Higher on Friday

What happened Shares of business-to-business (B2B) e-commerce companies GigaCloud (GCT 205.99%) skyrocketed on Friday. The stock rose as much as 272% but is up about 175% as of 1:25 pm ET. The tech stock’s gain came on the day of its initial public offering (IPO). Given the way the stock is soaring, the market apparently … Read more

Safes And Vaults Market Size to Grow by USD 1.79 trillion, Increasing Demand from the Healthcare Industry to Drive Growth

Safes And Vaults Market Size to Grow by USD 1.79 trillion, Increasing Demand from the Healthcare Industry to Drive Growth

NEW YORK, Aug. 19, 2022 /PRNewswire/ — The safes and vaults market is fragmented, as many players are operating at global and regional levels. Vendors are deploying growth strategies such as technological advances to compete in the market. New players are planning to enter the market owing to the increasing demand for last-mile services among … Read more

FDIC: PR-60-2022 8/19/2022

FDIC: PR-60-2022 8/19/2022

For Release WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today issued letters demanding five companies and their officers, directors, and employees cease and desist from making false and misleading statements about FDIC deposit insurance and take immediate corrective action to address these false or misleading statements. Based upon evidence collected … Read more