Y News and Press, Alleghany Corporation From 10/14/22

Acquisition Expected to Close on October 19, 2022 Berkshire Hathaway Inc. (NYSE:BRK.A; BRK.B) and Alleghany Corporation (NYSE:Y) today announced that all regulatory approvals relating to the proposed acquisition of Alleghany by Berkshire Hathaway have been received. As previ...

Summary Berkshire Hathaway Inc. keeps trading as a sum of equity and float, and one can use this simple method to make trading decisions. A similar method was used by the second-biggest (after Buffett) Berkshire shareholder to accumulate wealth. Berkshire Hathaway has several ...

Summary We are value investors focusing our efforts on making a few intelligent business decisions for our shareholders and ourselves in order to earn competitive long-term returns when compared to low-risk alternatives and broad market indexes. For the 2022 semi-annual fiscal per...

Summary Utilizing the ongoing market sell-off, Soros Fund Management, also known as the "Soros Fund", doubled down on some of the household names within the technology sector ahead of the recent. The fund seems to have significantly increased its efforts to pursue attractive merge...

Soros' 13F portfolio value decreased from $6.57B to $5.62B this quarter. The number of positions decreased from 273 to 271. Soros increased Alphabet, Amazon.com, and Salesforce.com while reducing Rivian and Liberty Broadband. They also increased the leveraged long positions on the...

Form 13F filings show fund managers' top arbitrage stocks. Top M&A stocks of the 30 funds I follow. Activision Blizzard this quarter's top stock. It was an interesting few months for merger arb. In early June, spreads blew out as Thoma Bravo cut the price for its deal wi...

Jack Sennott to Step Down ; Adam Sills Named President and CEO CapSpecialty, a wholly-owned subsidiary of Alleghany Corporation (NYSE:Y), today announced that Jack Sennott is stepping down from his roles as CEO, President and Chair, effective August 31. Alleghany has nam...

Alleghany press release ( NYSE: Y ): Q2 Non-GAAP EPS of $17.28 misses by $0.87 . Revenue of $2.6B (-11.3% Y/Y) beats by $240M . For further details see: Alleghany Non-GAAP EPS of $17.28 misses by $0.87, revenue of $2.6B beats by $240M

Alleghany Corporation (NYSE:Y) today announced its financial results for the second quarter ended June 30, 2022. A complete, full-text news release for Alleghany’s 2022 second quarter results is available on Alleghany’s website at www.alleghany.com and is also containe...

Many seniors rely heavily on Social Security as an important source of retirement income, so you'd think that most people would have a pretty good sense of how the program works. But new data reveals that Americans are sorely lacking knowledge about one key aspect of Social Security. And if...