Berkshire Hathaway Inc. - BRK.A STOCK NEWS

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.

Diverzify has successfully completed its business combination with Spectra and ProSpectra Contract Flooring, both subsidiaries of Shaw Industries Group, which is part of Berkshire Hathaway (NYSE: BRK.A). This merger expands Diverzify's operations across 52 locations in the U.S. and is projected to generate nearly $1 billion in revenue. Diverzify aims to enhance its service offerings in key markets such as healthcare and education. ACON Investments, which is a financial partner for Diverzify, supports this growth strategy, marking significant expansion in the commercial flooring sector.

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.

Berkshire Hathaway announced that their Annual Shareholders Meeting will take place in person on April 30, 2022, at the CHI Health Center in Omaha, Nebraska. The company acknowledged a previous error regarding the meeting's location clarity and reaffirmed that Omaha remains the venue of choice. Berkshire's 2021 Annual Report will include further details, available online on February 26, 2022. The meeting will also be webcast, ensuring accessibility for shareholders.

The Berkshire Hathaway Annual Shareholders Meeting is scheduled for April 30, 2022, in Omaha, Nebraska, with plans for in-person attendance and a webcast. The 2021 Annual Report will be posted online on February 26, 2022, providing further details about the meeting. Stakeholders can find additional updates on the company's official website. Berkshire Hathaway, trading under symbols BRK.A and BRK.B, is engaged in various sectors including insurance, utilities, and manufacturing.

Mouser Electronics partners with DRAGON / PENSKE AUTOSPORT for the 2021–22 ABB Formula E FIA World Championship, marking their eighth consecutive year of collaboration. The season kicks off with double-header races in Diriyah on January 28 and 29, featuring electric vehicles that showcase advancements in sustainable automotive technologies. The partnership includes collaboration with TTI, Molex, and KYOCERA AVX, highlighting the focus on innovative electric vehicle technology. Notable drivers include Sérgio Sette Câmara and Antonio Giovinazzi, with a total of 16 races planned for the season.

Marmon Retail Solutions, a Berkshire Hathaway company, has acquired Big Red Rooster Flow (BRRF) and Project CSI as of November 18, 2021. The acquisition enhances their service offerings in program management and construction for retail fuel, drug, and quick-serve restaurant sectors. BRRF utilizes proprietary software for brand management, while Project CSI oversees branding and remodeling installations. This strategic move aims to bolster Marmon’s market position and service capabilities.

Mouser Electronics announces its associate sponsorship of the Vasser Sullivan Lexus IMSA WeatherTech SportsCar Championship for the 2022 season. Collaborating with Molex, they will sponsor two Lexus RC F GT3 entries. The season begins on January 21 with the Roar Before the Rolex 24 at Daytona. Mouser's partnership aims to leverage their technical expertise to enhance the racing team's performance. This marks a continuation of successful collaborations, as the Lexus RC F GT3 has achieved seven GTD class wins over three seasons.