Former Countrywide execs take stake in law firm Simpson Jones

Former Countrywide executives Paul Chapman and Paul Wareham have acquired a stake in Derbyshire-based law firm Simpson Jones. The conveyancing, wills and probate specialist legal business has offices in Derby and Ashby De La Zouch, and was incorporated in 2010. The transaction was completed on 1 July. Chapman says: “Following our respective departures from Countrywide, … Read more

Dow Jones Falls; Tesla Up Despite Delivery Data; This Stock Drops As Warren Buffett Raises Stake

The Dow Jones fell despite rallying into the close, with Nike (NKE) and Apple (AAPL) making some of the best gains. Tesla (TSLA) rose despite disappointing delivery data. A Warren Buffett stock fell even as it emerged Berkshire Hathaway (BRKB) had raised its stake. A trio of stocks made bullish moves amid the mixed action. … Read more

Warren buffett: Berkshire Hathaway buys 9.9 million more Occidental shares, has 17.4% stake

Warren Buffett’s Berkshire Hathaway Inc said it has bought another 9.9 million shares of Occidental Petroleum Corp, giving it a 17.4% stake in the oil company. Berkshire paid about $582 million for the shares, which it bought between Wednesday and Friday, according to a Friday night filing with the U.S. Securities and Exchange Commission. Buffett’s … Read more

Tourmaline Surge Propels Mike Rose’s Stake Past C$1 Billion

Breadcrumb Trail Links PMN Business Soaring natural gas prices have propelled Tourmaline Oil Corp. Chief Executive Officer Mike Rose into the ranks of Canada’s billionaires. Author of the article: Bloomberg News Geoffrey Morgan Publishing date: Jun 24, 2022  •  11 minutes ago  •  1 minute read  •  Join the conversation 0d]e}krsk3rhcpaff1n45rzc_media_dl_1.png Bloomberg RSS Article content (Bloomberg) … Read more

Symbotic Stock: Walmart Discloses It Holds a 62.2% Stake in AI Company

Text size Walmart owns almost 59 million shares of Symbotic. Photo by George Frey/Getty Images Symbotic shares were rising sharply Tuesday after Walmart disclosed it holds a 62.2% stake in the artificial intelligence supply chain technology company. Symbotic (ticker: SYM) shares gained 28.5% to $21.58 in premarket trading. The stock’s high over the past year … Read more

JAB to Acquire Fairfax’s Pet Insurance Stake in Crum & Forster, PetHealth

New You can now listen to Insurance Journal articles! JAB Holding Company and Fairfax Financial Holdings Limited said today that JAB’s pet insurance business agreed to acquire all of Fairfax’s interests in the Crum & Forster Pet Insurance Group and PetHealth Inc., including all of their worldwide operations. Fairfax will receive $1.4 billion in the … Read more