Berkshire Hathaway Inc. Stock Price, News & Analysis

Berkshire Hathaway (NYSE:BRK.A; BRK.B) has announced its acquisition of Alleghany Corporation (NYSE:Y) for $848.02 per share in an all-cash transaction, valued at approximately $11.6 billion. This deal, approved by both boards, offers a 29% premium over Alleghany's average stock price over the past 30 days. Alleghany will maintain its operations independently while benefiting from Berkshire's financial strength. The acquisition is expected to close in Q4 2022, subject to stockholder and regulatory approvals.

Mouser Electronics is expanding its workforce at its headquarters in Mansfield, Texas, to enhance the North Texas job market. The company will host a Drive-Thru Job Fair on April 2, from 8 a.m. to noon, aiming to fill full-time positions. With over 3,000 employees globally, including about 2,000 in Mansfield, Mouser offers competitive salaries and benefits. The new Careers site simplifies the application process, reflecting the company's continuous growth since its inception in 1964, and it has never had employee layoffs.

Mouser Electronics, a Berkshire Hathaway company, has launched a new Purchasing Resource Library aimed at aiding electronics purchasing professionals. This platform provides a variety of articles and instructional videos on crucial topics, including innovations in electronics design and supply chain challenges. It features partnerships with leading manufacturers like Coilcraft and Analog Devices, offering insights on components such as inductors and ADCs. Overall, this resource enhances buyer capabilities by facilitating informed purchasing decisions, making it easier for professionals to navigate the evolving electronics landscape.

The Lubrizol Corporation has named Mary Rhinehart as interim president and CEO, effective immediately. Previously serving as the chair of Lubrizol’s board, she succeeds Chris Brown, who focused on safety and operational excellence since 2021. Rhinehart, also the president and CEO of Johns Manville, a Berkshire Hathaway company, has over 40 years of leadership experience. She will lead the search for a new CEO while continuing her role as board chair, aiming to enhance customer value and community support.

International Dairy Queen, through FountainVest Partners, is set to expand its presence in China by opening 600 DQ restaurants by 2030. The initial phase starts with 100 locations in 2022. This move aims to strengthen DQ's foothold in one of the fastest-growing markets for quick service restaurants (QSR). With over 1,100 existing DQ locations, the company has shown strong performance in the region, supported by innovative product offerings tailored to the local market.

Mouser Electronics announces the launch of the 2022 edition of its Empowering Innovation Together program, which includes six installments focusing on cutting-edge technologies, starting with RISC-V architecture. This program offers various resources such as podcasts, videos, and articles to advance understanding and innovation. The first podcast features discussions between Mouser's Raymond Yin and RISC-V International's Mark Himelstein on the significance of RISC-V, its future, and its benefits in enhancing stability and scalability.

Mouser Electronics has announced its sponsorship of the 20th Create the Future Design Contest, aimed at fostering innovation globally. Co-sponsored by Intel and Analog Devices, the contest invites submissions until July 1, 2022, with a grand prize of $25,000 for a product that benefits society. The competition highlights significant designs improving healthcare and sustainability, with previous entries from over 100 countries. Mouser emphasizes its support for engineers and innovation in technology.

Berkshire Hathaway reported significant growth in its fourth quarter and full year 2021 results, with net earnings attributable to shareholders reaching $39.6 billion for Q4 and $89.8 billion for the full year, compared to $35.8 billion and $42.5 billion in 2020, respectively. Operating earnings grew to $7.3 billion in Q4 from $5.0 billion in 2020. The company repurchased approximately $6.9 billion in shares during Q4, totaling $27 billion for the year. As of December 31, 2021, there were 1.4 million Class A equivalent shares outstanding.