Saturday, 18 January 2020

Igor Notre Dame and Hunchback and Notre Dame Cathedral Renovations

When I think of Notre Dame, something comes to mind: The Hunchback of Notre Dame. That film was interesting.

I sometimes wondered why there is a film called Igor. The hunchback is called Igor. The main character has become a Mad Scientist himself. His attempt at creating an evil monster backfires.

The real situation at the Notre Dame Cathedral is not funny, though. French President Emmanuel Macron says Paris' iconic Notre Dame cathedral will be rebuilt in about 5 years. Architects have challenges with this massive plan. Some local residents are concerned about lead emissions that were released as the cathedral burned and the lead spire smoldered. The interesting video from Youtube describes the situation.

Pictured above is a small paper model of the Notre Dame de Paris. You could buy one of these toys for a few dollars to put the pieces together. Rebuilding the fire-ravaged Notre Dame Cathedral is the problem France needs to solve. Nobody could have predicted that such a huge fire would happen on a famous historical building. It is amazing how much money has been donated already to rebuild the building - more than a billion dollars. It is fortunate that some 200,000 bees inhabiting hives on the roof of Notre-Dame cathedral survived the inferno.

Notre-Dame de Paris means "Our Lady of Paris" is a medieval Catholic cathedral on the Île de la Cité in the 4th arrondissement of Paris. The cathedral is considered to be one of the finest examples of French Gothic architecture. It is believed that before the period of Christianity in France, a Gallo-Roman temple dedicated to Jupiter stood on the site of Notre-Dame. Evidence for this is the Pillar of the Boatmen, discovered in 1710. In July 1801, Napoleon Bonaparte signed an agreement to perform restorations to the cathedral.

The cathedral had modern renovations. The stone masonry of the cathedral's exterior had deteriorated in the 19th and 20th century due to increased air pollution in Paris, which accelerated erosion of decorations and discolored the stone. By the late 1980s, several gargoyles and turrets had fallen off or become too loose. A decade-long renovation program began in 1991 and replaced much of the exterior. A discreet system of electrical wires, not visible from below, was also installed on the roof to deter pigeons. The west face was cleaned and restored in time for millennium celebrations in December 1999.

On 15 April 2019 the cathedral caught fire. This caused the collapse of the spire, the oak frame and lead roof. Amazingly, the cathedral escaped complete destruction. The structural damage was not severe enough to cause a total collapse. French President Emmanuel Macron vowed that Notre-Dame would be restored. Approximately 500 firefighters helped to battle the fire. Many artifacts were saved. An international architectural competition will be launched to redesign the roof and spire.

Built in the 12th and 13th centuries, the Notre-Dame Cathedral in Paris received one of its most significant overhauls between 1844 and 1864.

Paxum could be an alternative to Paypal

It's interesting that you could choose between different payment options online like Paypal, Paxum and Payoneer. Some people could find that PayPal stopped allowing payroll payments in certain situations. Some customers prefer to pay in Paxum instead of Paypal. The company website is

The company allows to send and receive payments. You could use wire transfers and send mass wire transfers worldwide. There are Virtual USA And EU Accounts. You could receive local SEPA and ACH payments straight into your account. There are local bank transfers. It's available in 50+ countries in over 20+ Currencies. You could fund any card and send funds to any VISA or MASTERCARD. There are instant transfers to other Paxum Clients. There are accounts for Business Clients and for Individuals. There are EFT Transfers are P2P Transfers. There is a Paxum Prepaid Card to withdraw funds from ATMs worldwide and make purchases online or at local stores.

What is an EFT? It is an Electronic Funds Transfer. This is a broad term for electronically transmitted money. Automated Clearing House (ACH) is a specific format of electronic funds transfer that involves money being directly moved between bank accounts. Credit or Debit Card payments are also a form of EFT.

Some of the other online payment companies stopped existing and closed. Be careful when choosing which online payment companies to use. Think about the trustworthiness.

PayPal completed $4B acquisition of Honey in 2020

PayPal Holdings Inc. has completed the acquisition of Honey Science Corp. for about $4 billion in cash. Honey is an interesting company based in Los Angeles. It is a digital shopping and rewards platform. It is helpful when it automatically adds online coupons and incentives when ecommerce shoppers browse for deals. Honey will "automatically try to find the best coupon codes for you."

Honey is now one of the many PayPal subsidiaries. The company helps provide powerful useful services and tools for merchants and consumers. The shopping experience is now significantly improved.

Honey was founded in 2012. The company website is The company operates an interesting browser extension that aggregates and automatically applies online coupons. Honey's revenue comes from a commission made on user transactions with partnering retailers. Users are notified of price drops and price history on selected items sold by participating online stores. Its browser extension is available on Google Chrome, Safari, Firefox, Opera, and Microsoft Edge.

PayPal Holdings Inc. is a massive American company operating a worldwide online payments system that supports quick online money transfers. The useful company serves as an electronic alternative to traditional paper methods like checks and money orders.

Established in 1998 as Confinity, PayPal had its IPO in 2002. It became a wholly owned subsidiary of eBay later that year. eBay spun off PayPal in 2015.

The CEO of Paypal is Daniel Schulman (From Jul. 2015).

Paypal Holdings Inc stock is (NASDAQ: PYPL).

Here are the Paypal Subsidiaries:

Xoom Corporation
Bill ME Later, Inc.
Simility, Inc.
Paypal Singapore Private Ltd
Honey Science Corporation
Hyperwallet Systems Inc.
Jetlore, Inc.
Paypal China
PayPal International Ltd
Swift Financial, LLC
Paypal Argentina SRL
PayPal Israel Ltd
TIO Networks Corp.
PayPal Hong Kong Ltd
PayPal Europe Services Ltd
PayPal France SAS
Zong mobile payments
PayPal Data Services Inc
PayPal India Private Ltd
PayPal Deutschland GmbH
PayPal Payments Pte. Ltd
PayPal Spain SL
Paypal Giving Fund Uk
PayPal Global Holdings Inc
Nihon PayPal KK
PayPal Payments Pte. Holdings S.C.S.
PayPal Bilisim Hizmetleri Limited Sirketi
PayPal Settlement Services (ChongQing) Co., Ltd.
PayPal CA Ltd
CyActive Security, Ltd
Paypal Payment Holdings Pte. Ltd.
PayPal Services Canada Ltd
PayPal Japan K.K.
PayPal 2 Sarl
PayPal Polska Sp z o.o.
PayPal (BVI) Holdings Inc
PayPal Australia Pty Ltd
PayPal Taiwan Services Limited
PayPal Nederlands B.V.
Yinbaobao Information Technology (Shanghai) Co., Ltd.
Paypal Canada Co.
PayPal Mexico, S. De R.L. De C.V.
PayPal (Europe) S.a r.l. and Cie, S.C.A.

How is Stripe different from PayPal?

Stripe has 1 option only: the checkout process resides on your website. However, Stripe securely handles the transaction from its end. You do have the choice though of fully customizing the look of it to match your brand. One of the main reasons to choose PayPal over Stripe is name-brand recognition.

The good news is that for most online transactions, PayPal and Stripe charge exactly the same amount. However, Stripe also accepts ACH transactions, which PayPal doesn't, and offers them for just 0.8% per transfer. Stripe's in-person payments solution is still in beta, so it isn't actually widely available.

What are ACH transactions?

ACH transactions consist of direct deposits and direct payments, including B2B transactions, government transactions, and consumer transactions. An originator starts a direct deposit or direct payment transaction using the useful ACH Network.

Stripe is an interesting software company. Stripe is a great American technology company based in San Francisco, California. Its software allows individuals and businesses to make and receive payments over the Internet. It was founded in 2009. The CEO is Patrick Collison (From 2010). Number of employees is more than 2000.

Here are the Stripe Subsidiaries:

Indie Hackers
TouchTech Corporation
Tiempo Labs, Inc.
Index Systems, Inc.

Friday, 17 January 2020

Australian Economy - overqualified migrants present $6 billion opportunity

An interesting recent study has found about 1 in 3 migrants from non-English speaking backgrounds are overqualified for their current job in Australia. Experts say this skills mismatch means the Australian economy is missing out on potentially billions of dollars every year.

The economy of Australia is a highly developed market economy. Its GDP was estimated at A$1.89 trillion as of 2019. Australia's total wealth was AUD$10.9 trillion as of September 2019.

China’s economy grows 6.1 per cent in 2019, the slowest rate in 29 years

China’s National Bureau of Statistics has announced that national GDP grew by 6.1 per cent in 2019. This is the slowest rate since 1990.

The economy of China has become more of a market-oriented economy. It currently ranks as the 2nd largest in the world by nominal GDP. China has the world's fastest-growing major economy, with growth rates averaging about 6% over 30 years. The country has natural resources with an estimated worth of $23 trillion, 90% of which are coal and rare earth metals. Interestingly, China also has the world's largest total banking sector assets of $39.93 trillion (268.76 trillion CNY) with $27.39 trillion in total deposits.

Some Interesting English to Chinese Translations:

China - 中国
GDP - 国内生产总值
Assets - 资产
Banking - 银行业
China’s National Bureau of Statistics - 中国国家统计局
Economy - 经济
Growth - 成长性
Slow - 慢
Fast - 快速
Deposit - 存款
Rank - 秩
Rate - 率
Chinese Economy - 中国经济

Iran Economy GDP is expected to decline this year

The economy of Iran is a mixed and transition economy with a large public sector. About 60% of Iran's economy is centrally planned. The economy is focused on oil and gas production. However, more than 40 industries are directly involved in the Tehran Stock Exchange. This was one of the best performing exchanges in the world over the past decade. Iran has 10% of the world's proven oil reserves and 15% of its gas reserves. Iran is certainly an energy superpower. Most of the country's exports are oil and gas. This accounted for a majority of government revenue in 2010. In 2012, oil exports contributed to about 80% of Iranian public revenue. Oil export revenues enabled Iran to amass well over $135 billion in foreign exchange reserves as of December 2016. Iran has one of the fastest rates of development in telecommunication globally.

Both the World Bank and the International Monetary Fund estimate Iran's gross domestic product is expected to decline by about 9% this year.

Thursday, 16 January 2020

AT&T Stock growth will be difficult going forward

Many analysts think that the AT&T company won’t achieve much growth and the forecast is not too good. Growth at AT&T’s mobile business will likely have a difficult time. Although, in the past 12 months, the stock increased well.

AT&T is the world's largest telecommunications company. AT&T Inc. is an American multinational conglomerate holding company headquartered at Whitacre Tower in Downtown Dallas, Texas, USA. The stock of the company is: T (NYSE). The CEO is Randall L. Stephenson (From May 9, 2007). In 2018, the company revenue was 170.8 billion USD (of which $19.37 billion was profit).

AT&T is the largest provider of mobile telephone services, and the largest provider of fixed telephone services in the USA through AT&T Communications. Since June 14, 2018, AT&T is also the parent company of mass media conglomerate WarnerMedia, making it the world's largest media and entertainment company in terms of revenue.

It is interesting that as of 2018, AT&T is ranked #9 on the Fortune 500 rankings of the largest USA corporations by total revenue.

AT&T began its history as Southwestern Bell Telephone Company, a subsidiary of the Bell Telephone Company. The Bell Telephone Company became the American Telephone and Telegraph Company in 1885 and was later rebranded as AT&T Corporation.

The company website is

Here are the AT&T Subsidiaries:



AT&T Communications -

Cricket Wireless -

WarnerMedia -

AT&T Mexico -

AT&T Intellectual Property I -

Xandr -

AT&T Digital Life -

DIRECTV Argentina, S.A. -

Vrio -

AT&T Corporation -

Cellular One -

Southwestern Bell -

AT&T Labs -

BellSouth Telecommunications -,-inc.

Pacific Bell -

AT&T Teleholdings, Inc.
(formerly known as Ameritech Corporation)

Illinois Bell Telephone Company
(It is owned by AT&T through AT&T Teleholdings, formerly Ameritech.)

Wisconsin Bell
(It is owned by AT&T through AT&T Teleholdings, originally known as Ameritech.)

Indiana Bell
(It is an indirect subsidiary of AT&T Inc., owned by AT&T Teleholdings.)

Leap Wireless -

DIRECTV Colombia, Ltda. -

SBC Long Distance -

Ohio Bell
(It is a wholly owned subsidiary of AT&T.)

Nevada Bell

AT&T International, Inc

Quickplay -

Sterling Commerce -

AT&T Alascom -

Southwestern Bell Yellow Pages

DIRECTV Chile Television Limitada -

Ingenio -

DIRECTV Puerto Rico Ltd. -

TyC Sports -

AT&T Services, Inc.

SBC Telecom
(Offers local telephone service outside the AT&T Bell Operating Company regions)

SBC Global Services, Inc. -

CVS Health Stock has strong gains over the year

Often times, CVS Health (CVS) stock outpaces the average stock market gains. Keep an eye on the S&P 500 % gain on the day, Dow % gain on the day and Nasdaq % gain on the day.

CVS will certainly want to show much strength as it comes closer to its next earnings release. This earnings release is expected to be on February 12, 2020. Many analysts expect the company to report EPS of $1.68, down 21.5% from the prior-year quarter. Investors, keep an eye on recent changes to analyst estimates for CVS.

CVS Health is an interesting American healthcare company that owns CVS Pharmacy, a retail pharmacy chain, CVS Caremark, a pharmacy benefits manager, Aetna, a health insurance provider, among many other brands. The company's headquarters are in Woonsocket, Rhode Island, USA. The stock of CVS Health is: CVS (NYSE). The CEO is Larry J. Merlo (From Mar. 1, 2011). The number of employees is 295,000 (2018).

CVS Health's total revenue grew from $178 billion in 2016 to $195 billion in 2018 (of which $594 million was profit). This growth was largely led by its pharmacy services, which benefited from the growth in pharmacy network and specialty pharmacy volume.

CVS Health was previously CVS Corporation or CVS Caremark Corporation. In December 2017, CVS agreed to acquire Aetna for $69 billion. The acquisition was completed in November 2018.

Here are the CVS Health Subsidiaries:

CVS Pharmacy
CVS Caremark
Smith-McKenney Co. Inc.
Navarro Discount Pharmacies
Longs Drugs
Arbor Drugs
RxAmerica LLC
Revco Discount Drug Centers Inc
Fallon Healthcare System Inc
ABD Group Inc.
Rhode Cvs Island Inc
CVS EGL Cedar Ridge TX, LP
CVS EGL Lohmans Ford TX, LP
Massachusetts CVS Pharmacy, L.L.C.
Nashua Hollis CVS, Inc.
Cvs Bdi, Inc.
Osco Drug, Inc.
Caremark International Inc.
CVS EGL Hwy 24 Independence MO, Inc.
PharmaCare Management Services Inc.
Bethel CVS, Inc.
CVS Caremark Indemnity, Ltd.

Here are some websites that can give you more stock market insights:

Morningstar Direct -

Zacks Investment Research -

Seeking Alpha -

Robinhood -

fi360 Toolkit -

Advent Portfolio Exchange (APX) -

MProfit for Accounting -

SimCorp Dimension -

McKesson Stock is doing well over the year

Pay close attention to the stock of McKesson (MCK). Over the last 12 months, the stock has grown well. The stock holds a P/E ratio of 9.86. Consider that its industry has an average P/E of 19.45. Another important valuation metric for MCK is its P/B ratio of 4.06. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. This stock's P/B looks strong versus its industry's average P/B of 4.43.

Of course, there are also other valuation metrics you can look at. McKesson gets a good value grade. The stock is somewhat likely to be undervalued right now.

McKesson Corporation is an interesting healthcare company. It is an American company distributing pharmaceuticals and providing health information technology, medical supplies, and care management tools. The large company had revenues of $208.4 billion in 2018. McKesson is based in Irving, Texas. The massive company distributes health care systems, medical supplies and pharmaceutical products. To add to that, McKesson also provides extensive network infrastructure for the health care industry. Also, the company was an early adopter of technologies like bar-code scanning for distribution, pharmacy robotics, and RFID tags. It is a Fortune Global 500 company.

In 2014, McKesson acquired Celesio to become one of the world's largest health care companies, with over $179 billion in annual revenue.

Celesio AG is a German healthcare and pharmaceutical company, based in Stuttgart. The company operates in 14 countries around the world and generated revenue of more than 22,000 million euros in 2014. The corporation is part of the American McKesson Corporation who has a 76% stake in the company. The company website is

The stock of the company is: MCK (NYSE). The Headquarters of the company are in Irving, Texas, USA. The CEO is Brian S. Tyler (From Apr. 1, 2019).

Here are the McKesson Corporation Subsidiaries:

PSS World Medical
McKesson Canada
Rexall Drugstore
Health Mart
Celesio (76%)
McKesson Medical-Surgical Government Solutions LLC
Rexall Drugstore
Medical Specialties Distributors, LLC
MED3000, Inc.
McKesson UK Finance I Limited
McKesson Europe
Per-Se Technologies
McKesson Corporation
Laboratory Supply Company, Inc.
Cypress Medical Products LLC
Nadro S.A. de C.V.
McKesson International Holdings Ltd
CGSF Funding Corporation
McKesson Specialty Health
Norsk Medisinaldepot
PST Services, Inc.
Physician Sales & Service, Inc.
Mckesson High Volume Solutions Inc.
Onmark, Inc.
Macro Helix LLC
National Rehab Equipment, Inc.
Mckesson Global Procurement & Sourcing Limited
McKesson Specialty Arizona Inc.
Sivem Pharmaceuticals ULC
Mckesson Pharmacy Systems LLC
McKesson Specialty Care Distribution LLC
McKesson Medical Imaging Company
Sterling Medical Services, LLC
US Oncology Research, LLC
McKesson Plasma and Biologics LLC
Mckesson Provider Technologies, LLC
RMCC Cancer Center, LLC
Northstar Healthcare Limited
Health Mart Systems, Inc.
AccessMED, LLC
US Oncology Corporate, Inc.
Crocker Plaza Company
Unity Oncology, LLC
McKesson Nederland B.V.
McKesson Specialty Distribution LLC
AOR Management Company of Pennsylvania, LLC
ProPharm Limited
Keltman Pharmaceuticals, Inc.
McKesson Pharmacy Optimization LLC

UnitedHealth Group Stock is interesting with report of higher revenue in latest quarter

UnitedHealth Group Inc. (UNH) has said that revenue rose 4.25% in the latest quarter. The number of people the company served rose in Medicare Advantage and commercial benefits programs.

The massive company posted 4th-quarter sales of $60.9 billion. This is up from $58.42 billion a year earlier.

The company's UnitedHealthcare unit had revenue of $48.2 billion. This is up from $46.2 billion a year earlier.

Sales for the Optum health-services business totaled $29.8 billion. This is up from $27.6 billion a year earlier.

It is informative to take a look at the overall situation. Earnings were $3.54 billion, or $3.68 a share, compared with $3.04 billion, or $3.10 a share.

UnitedHealth Group Incorporated is an interesting American for-profit managed health care company based in Minnetonka, Minnesota. The company offers exciting health care products and insurance services. It is the largest healthcare company in the world by revenue. Amazingly, 2018 revenue was $226.2 billion. The number of customers was 115 million customers. The company website is UnitedHealth Group helps people live healthier lives. The company helps make the health system work better for everyone. The stock of the company is: UNH (NYSE). The CEO is David S. Wichmann (From Sep. 1, 2017).

UnitedHealthcare includes 4 divisions:

1) UnitedHealthcare Employer and Individual - Provides health benefit plans and services for large national employers.

2) UnitedHealthcare Medicare and Retirement - Provides health and well-being services to individuals age 65 and older.

3) UnitedHealthcare Community and State - Serves state programs that care for the economically disadvantaged, the medically underserved and people without the benefit of employer-funded health care coverage, in exchange for a monthly premium per member from the state program.

4) UnitedHealthcare Global - Serves 6.2 million people with medical benefits, residing principally in Brazil, Chile, Colombia and Peru but also in more than 130 other countries.

Here are the UnitedHealth Group Subsidiaries:

Oxford Health Plans, LLC
UnitedHealthcare StudentResources
Golden Rule Insurance Company
Amil Participacoes SA
PacifiCare Health Systems
UnitedHealthcare Community & State
United HealthCare Services, Inc.
HealthSCOPE Benefits, Inc.
National MedTrans Network Inc.
American Medical Security Group, Inc.
UnitedHealth Group International B.V.
Specialized Care Services
United Health Foundation
Sierra Health Services, Inc.
Mid Atlantic Medical Services, LLC
UnitedHealth International, Inc
Golden Rule Financial Corp
United HealthCare Insurance Company of Ohio
UHC International Services Inc
PacifiCare Insurance Company
UnitedHealthcare International Asia LLC
Helios Comp
Matria Healthcare, Inc.
FMG Holdings, LLC
Savvysherpa Asia, Inc.
CentriHealth, Inc.
HPP Viseu, S.A.
Administradora de Transacciones Electronicas S.A.
Hospital Carlos Chagas S/A
Portland Professional Pharmacy Associates
Alere Wellology Inc
H&W Indemnity, (SPC), Ltd.
Surgery Center at Cherry Creek, LLC
Hospital Geral e Maternidade Madre Maria Theodora Ltda.
1031387 B.C. Unlimited Liability Company
AIG United HealthCare LLC
Unitedhealthcare International Latam Corporation
i3 CanReg Inc.
UHC Capital IV
IV Specialists, Inc.
Catamaran Home Delivery of Texas, Inc.
Union Health Solutions, Inc
HPP - Medicina Molecular, S.A.
UHC Capital II
Bordeaux International Holdings, Inc.
Family Health Care Services
UHC International Holdings, Inc.
Innovus Research Inc.

Wednesday, 15 January 2020

Amazon Stock Creates Optimistic Long-Term Expectations

Amazon has many opportunities. The company right now is inventing new businesses and expanding in different countries all over the world. Amazon (NASDAQ:AMZN) certainly seems like a high-growth future business. Amazon shares reflect long-term expectations for the cash flow stream of the company. There is much more growth possible in the global e-commerce world.

Amazon's e-commerce business has a relatively small share of retail sales. Over the last 12 months, Amazon has created $171 billion of net sales in its retail business. Global retail sales reached an estimated $25 trillion last year. This means that Amazon's market share of global retail sales is only about 1.2%. There is still much room for growth. is a large E-commerce company., Inc., is an enormous American multinational technology company based in Seattle that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is considered one of the Big giant 4 tech companies, along with Google, Apple (many investors find the Apple company "a-peel-ing"), and Facebook. The CEO and founder of the gigantic Amazon company is Jeff Bezos.

The stock of the immense company is: AMZN (NASDAQ).

Here are the Amazon subsidiaries:

Whole Foods Market
Book Depository
Ring Inc.
Alexa Internet, Inc.
Amazon Web Services, Inc.
Amazon Books
Amazon China
Blink Home
Amazon Go
Amazon Studios
Amazon Prime Air
Amazon Lab126
Amazon Robotics
Amazon Publishing
Brilliance Audio Corporate LLC
Amazon Game Studios
Amazon Locker
AWS Elemental
Game Sparks Ltd
Health Navigators, LLC
Annapurna Labs, Inc.
Body Labs
INLT, Inc.
Double Helix Games
Twitch Interactive Inc.
Amazon Technologies, Inc
Amazon Development Centre (India) Pvt. Ltd.

Amazon (AMZN) is increasing its presence in India. The generous company plans to give $1 billion into small businesses in India over the next 5 years. Massive company Amazon wants to help manufacturers, resellers, shops and brands in India. Currently, more than 550,000 sellers use the super Amazon India marketplace. More than 60,000 Indian manufacturers and brands export products to customers worldwide using Amazon's capacious platform. By giving to those businesses, Amazon expects that it can bring more than a substantial 10 million local business online by 2025. Amazon's enormous investment could help traders export as much as $10 billion in Indian-made goods in the next 5 years. This would help India's important campaign to export more goods that were made in India.

FedEx is certainly a competitor of Amazon. FedEx shares decreased 10% in December following alarming 2nd-quarter financial results. is the reason for that decrease. Amazon seems to be really winning its trade situation. Competitors are trying hard to get an advantage. For many years, package delivery from FedEx had a premium price. The company reliably delivered packages all over the world. The customers were satisfied. came along as a tough competitor.

FedEx hoped that the growth of e-commerce would help its operations. FedEx did invest in infrastructure and new technologies to prepare for the increase in growth. FedEx announced an 8.5% increase in capital investment in June 2018. FedEx even ordered 12 new Boeing 767 aircraft to keep up with increased cargo loads. Here's what happened in 2019: Amazon shares are up 19.2%, while FedEx shares are down 8.7%. When FedEx decided to end Amazon ground deliveries, it was a tough choice to make. FedEx is not going away any time soon, though.

Berkshire Hathaway Stock has a good return over the year

Berkshire Hathaway is a prosperous multinational conglomerate company. Berkshire Hathaway Inc. is headquartered in Omaha, Nebraska, United States of America. Kiewit Tower is the location of Berkshire's corporate offices in Omaha, Nebraska. Formerly this company was Valley Falls Company (1839-1955). This interesting public company is traded as NYSE: BRK.A (Class A), NYSE: BRK.B (Class B), S&P 100 component (BRK.B) and S&P 500 component (BRK.B). The fascinating company was founded in 1839 in Cumberland, Rhode Island, U.S.

The impressive huge company has great products: Diversified investments, Property & casualty insurance, Utilities, Restaurants, Food processing, Aerospace, Toys, Media, Automotive, Sporting goods, Consumer products, Internet and Real estate.

The number of employees (2018) - 389,373
Revenue (2018) - US$247.5 billion
Operating income (2018) - US$10.02 billion
Net income (2018) - US$4.02 billion
Total assets (2018) - US$707.8 billion
Total equity (2018) - US$348.7 billion

Berkshire Hathaway has owned shares of Charter Communications, Inc. (NASDAQ: CHTR) since 2014. Buffett owns around 7.5 million. These shares have a market value of around $2.2 billion.

The upper class company website is

Here are Berkshire Hathaway Subsidiaries:

Dairy Queen
Berkshire Hathaway Energy
Berkshire Hathaway Automotive
BNSF Railway
Fruit of the Loom
Nebraska Furniture Mart
Oriental Trading Company
Precision Castparts Corp.
See's Candies
Applied Underwriters
Benjamin Moore & Co.
Marmon Group
Pampered Chef
McLane Company
Clayton Homes
Business Wire
Scott Fetzer Company
Helzberg Diamonds
Brooks Sports
Borsheim's Fine Jewelry
TTI, Inc.
National Indemnity Company
Johns Manville
HomeServices of America
MiTek Inc.
Forest River
Shaw Industries
Star Furniture
Burlington Northern Santa Fe, LLC
MidAmerican Energy Company
Gen Re
RC Willey Home Furnishings
Jordan's Furniture
FlightSafety International

The affluent company wholly owns GEICO, Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Pampered Chef, and NetJets.

The well-to-do company also owns 38.6% of Pilot Flying J, 26.7% of the Kraft Heinz Company, and significant minority holdings in American Express (17.6%), Wells Fargo (9.9%), The Coca-Cola Company (9.4%), Bank of America (6.8%), and Apple (5.22%).

The opulent company is currently the largest shareholder in United Airlines and Delta Air Lines, and a top three shareholder in Southwest Airlines and American Airlines.

The upscale Berkshire Hathaway has averaged an annual growth in book value of 19.0% to its shareholders since 1965.

It's amazing what a diverse range of businesses Berkshire currently owns: confectionery, retail, railroads, home furnishings, encyclopedias, manufacturers of vacuum cleaners, jewelry sales, newspaper publishing, manufacture and distribution of uniforms, and several regional electric and gas utilities.

The moneyed Berkshire Hathaway has a lot of cash to spend to buy other companies. Keep an eye in the future for elephant-sized acquisitions. The future purchase could be FedEx.