BERKSHIRE HATHAWAY Stock Price, News & Analysis

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.

Berkshire Hathaway Inc. will release its 2021 Annual Report on February 26, 2022, at 8:00 a.m. ET, available at www.berkshirehathaway.com. The report will include an earnings release and Warren Buffett’s letter to shareholders. Additionally, it will provide insights into Berkshire's financial status and operations. The Annual Shareholder Meeting is scheduled for April 30, 2022. Berkshire Hathaway, trading under BRK.A and BRK.B, is involved in various sectors including insurance, utilities, and manufacturing.

McLane Company, Inc., a major supply chain services firm, is set to host its second annual National Hiring Day on February 25, 2022, aiming to recruit over 2,000 drivers and warehouse teammates. Job seekers aged 18+ for warehouse roles and 21+ for drivers can apply in person at any of McLane's 71 distribution centers nationwide from 9 a.m. to 6 p.m.. Immediate job offers may be available, and no reservations or resumes are needed.

McLane offers competitive benefits, including affordable health care, a 401(k) plan with employer match, paid holidays, and more.

Mouser Electronics is enhancing its global distribution center with cutting-edge automation, including the world's largest installation of 120 vertical lift modules (VLMs). This initiative aims to boost efficiency, reduce order processing time by 45%, and improve customer satisfaction. The center, located in the Dallas-Fort Worth area, manages over 1 million unique SKUs and processes tens of thousands of orders weekly. The investment in automation is expected to streamline operations and support sustainable practices, ultimately enhancing customer service.

Tom Murphy has resigned from Berkshire Hathaway’s Board of Directors effective today after serving since 2003. Warren Buffett acknowledged Murphy's significant influence on his business approach and stated that Murphy's recent recovery from Covid prompted his decision to step down. Despite resigning, Murphy will remain a major shareholder and a friend to Buffett.

Berkshire Hathaway, traded under symbols BRK.A and BRK.B, continues to diversify its business across various sectors, including insurance, energy, and manufacturing.

On February 8, 2022, Helzberg Diamonds announced an expansion of its partnership with designer Jenny Packham, featuring a honeybee-inspired collection of lab-grown diamond engagement rings. The new collection includes five distinct rings with yellow lab-grown diamonds, priced from $899.99 to $6,999. Lab-grown diamonds are rapidly growing in popularity, with the market expected to expand from $19.3 billion in 2020 to $49.9 billion by 2030. Helzberg Diamonds emphasizes its commitment to quality and customer satisfaction, making these unique pieces available in stores and online.

Johns Manville, a Berkshire Hathaway company, has launched two innovative products: DynaSet 1K, a moisture-curing adhesive, and 1-Part PermaFlash, a liquid-applied flashing, aimed at enhancing efficiency in bituminous roofing systems. Both products, available from February 2022, are designed to improve installation processes. DynaSet 1K offers solvent-free application, while 1-Part PermaFlash eliminates on-site mixing errors. With annual sales exceeding $3 billion, Johns Manville continues to solidify its reputation in roofing solutions.