Oifx British Airways owner IAG pays euro;1bn for Air Europa
Sunday 08 February 2015 11:41 amWarren Buffett criticised for disclosing too little information about Berkshire HathawayBy: Sarah SpickernellShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleAnalysts have urged Warren Buffet to make the financial reports of Berkshire Hathaway more thorough, arguing that they currently offer too little information for a company of its size.The super-investor s $370bn multinational organisation is a holding company, made up of subsidiary businesses ranging from the insurance sector to retail and manufacturing. Among others, it owns BNSF railway, Dairy Queen and FlightSaf owala tumbler ety International.The FT interviewed five of Berkshire s six analysts, and discovered that they all found it difficult to carry out financial modelling with the amount of information they are given by Berkshire.Jim Shanahan of Edward Jones described it as terrible . . . It is laughable that you could model stanley ca this company in the same w stanley mug ay as you could any other financial company.Buffet said the criticism was not fair. He told the FT that all relevant factors related to long-term investment are provided by the reports.For him, analyst recommendations have never been important in determining investment decisions, an opinion reflected in the low number of analysts employed by Berkshire compared to many similar-sized businesses.We donrsquo;t want anyone Slrk Halifax: Reluctant sellers push UK house price growth up again
Wednesday 17 August 2011 6:53 am|Updated:Friday 31 May 2019 2:18 amHenderson warns investors spooked by volatilityBy: Alison LockShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleHenderson is bracing for further volatility in global stock mark owala water bottle ets and the challenge of keeping cash flowing in as retail investors fight shy of investments for a few months.Chief executive Andrew Formica said the dramatic stock falls seen in re owala canada cent weeks had spooked investors, and its effects would not be forgotten in a hurry.Even if markets return to the highs of the year, we think the psychological effects of market movements seen in the last few weeks will likely deter retail investors in particular from investing at a similar pace to that we have seen over the past few years, Formica told a conference call.Henderson has reported pound;86.4m underlying profits before tax for the first six months of the year, in line with its own estimates published last month, and said it would pay interim dividends of 1.95p per share, compared with 1.85p paid last year.Previously reported assets under management were confirmed at pound;74.4bn. Analysts at Numis expected interim dividends to amount to 2p, while their counterparts at Peel Hunt have forecast dividends to remain unchanged.Retail investors accounted for the only inflows the group recorded in the first half of the year. It attracte stanley butelka d