A corporate jet tracker spotted an Occidental Petroleum jet in Omaha, hometown of Warren Buffett, over the weekend. It sparked rumors that Berkshire Hathaway might be stepping into the bidding war between OXY and Chevron for Anadarko Petroleum. Tuesday's announcement that Buffett would take a preferred share stake in Occidental shows the jet tracker was right.
Haskett's Monday note, titled, "What was Occidental doing in Omaha?" came as Occidental was formalizing its counter-bid to Chevron's deal. It stated, "Here is where it gets a little more interesting. Warren Buffett does not show up as a holder of OXY or APC or CVX. And a quick search of OXY's 10-K for 'Nebraska' turns up nothing. Yet for some reason, an OXY jet was seen in Omaha yesterday.
Alternative sources of information have been used for years by hedge funds to stay ahead of the competition. Drones have flown over mall parking lots to track retail traffic, as well as operations at battleground stocks like Tesla to keep a tabs on production and deliveries. Tracking corporate planes as an M&A indicator was popular in the 1990s, but companies began masking planes as a result. An
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Warren Buffett is taking sides in the bidding war for energy giant AnadarkoBerkshire Hathaway, the investment conglomerate controlled by Warren Buffett, is reportedly providing financing to Occidental Petroleum in its bid for Anadarko.
Leer más »
Amazon says it's cutting its Prime 2-day shipping guarantee to just one dayAmazon CFO Brian Olsavsky said on Amazon's first-quarter earnings call that it is working on turning Prime two-day shipping into one-day shipping.
Leer más »
Trump: 'I am a young, vibrant man'“They are all making me look young both in terms of age and, I think, in terms of energy,” Trump said of his potential 2020 opponents Joe Biden and Bernie Sanders
Leer más »
Sen. Ron Johnson: I am ‘concerned’ about Russian interferenceSen. Ron Johnson said he doesn't believe the Trump campaign accepted help from Russia. But, he is concerned about Russian interference in U.S. elections
Leer más »
Walmart, Target shares tumble as Amazon announces one-day shipping for Prime membersAmazon just raised the bar for retailers across the U.S. — chiefly Walmart and Target — to offer ever faster and cheaper shipping for online purchases. Or to lean into their bricks-and-mortar stores even more.
Leer más »
Millions of Americans are working past 65, and it's not because they can't afford to retireMore retirement-age Americans, mostly baby boomers, are working today than ever before, but it's not because they need the money.
Leer más »
Joe Biden announced $6.3 million haul on first day of 2020 bidJoe Biden's campaign said it raised $6.3 million in the first 24 hours of his presidential campaign launch, a haul that surpassed the Day One amounts collected by his rivals in the crowded Democratic field.
Leer más »
Analysis | The Energy 202: New York’s Cuomo is pitching a Green New Deal. Climate activists say it’s not green enough.The Energy 202: New York’s Cuomo is pitching a Green New Deal. Climate activists say it’s not green enough.
Leer más »