"AIG has confirmed that earnings will be announced 04/30/2015. With 23 analysts covering AIG, the consensus EPS estimate is $1.20, and the high and low estimates are $1.38 and $1.08, respectively"
Because you'll then have more cash on hand today to buy their products.
"Diageo spirits liquids and packaging were recognized across the board as best-in-class at the 2015 San Francisco World Spirits Competition, winning a grand total of 91 awards. Of these awards, 83 were medals, 39 of which were double gold or gold. In both Scotch and North American Whisk(e)y liquids, Diageo brands did especially well, with 14 brands winning multiple medals, and several being named "Best" in their category. In packaging, seven brands across Diageo's portfolio won medals, including Mortlach Scotch Whisky and Orphan Barrel Bourbon, which were both awarded double gold. The Company was also named "Importer of the Year" in recognition of Diageo's consistent high quality of spirits across all brands.
"We are honored to be recognized by such a prestigious competition across our portfolio, from heritage brands to new-to-world innovations," commented Larry Schwartz, President, Diageo North America. "Our craftspeople, including our distillers, blenders and artisans, use their remarkable skills every day to produce the finest spirits in the world. These awards give them, and everyone at Diageo, a great reason to celebrate."
You need to add another $5000/share to BRK's book value due to the HNZ/KRFT deal that should be completed in the 3rd quarter.
and sold some VZ in IRA #2.
I also sold call options against MSFT in the same account. I increased my BRK holdings by 5% to 20.3% of the assets in the account. MSFT increased 500% to 1.7% of the assets in said account.
Spring is here so I've been gardening. I just check my stocks in the morning and then it's off to work which is where I'm going now.
Until tomorrow-Buy "LO" and sell high.
that was resolved quickly.
LO is still my 2nd largest holding in account #1 behind only Berkshire. Why did I sell some? Because the other day when LO traded in the "LO" 65s I sold put options against it that obligate me to buy more shares at 65. If forced to buy it back my cost will be about 62.6/share.
Buy LO and sell it high is my motto.
Must of traded before the stock closed up $2/share.
The seller is well hedged but other than the dividend they have nothing left on the up side.
"Montpelier Re Holdings Ltd. MRH will be acquired by Endurance Specialty Holdings Ltd. ENH in a cash-stock consideration of $1.83 billion."
Anyone follow ENH? Both firms are based in Bermuda and MRH is being purchased at a 15% premium to book value via $$$ and shares in ENH which trade at a 10% discount to book value.
I upped her monthly distribution check by another 11% starting this April. To stay even she only needs to earn 6% on her capital. My goal is to earn her 8% but thanks to a robust stock market like most investors she's done much better than that.
Thank you Berkshire Hathaway.