The operator of Pizza’s Hut restaurants in the UK is looking to raise more than £10m to help it cope with increased costs after tax rises on business were announced in last month’s Budget. The money could come from a sale of part of the business, or new investment from existing shareholders. It comes amid growing backlash from business owners who warn rises in employers’ national insurance contributions and the
The Omaha, Neb., company also disclosed a new position in Pool Corp. and cut its stake in Capital One. Source link
By Jonathan Stempel (Reuters) -Warren Buffett’s Berkshire Hathaway (NYSE:) said on Thursday it made new investments in Domino’s Pizza (NYSE:) and Pool Corp (NASDAQ:) in the third quarter, even as it retrenched from stocks such as Apple (NASDAQ:) and Bank of America. Berkshire owned 1.28 million Domino’s shares worth about $549 million as of Sept. 30. It also owned 404,000 shares of Pool, a distributor of swimming pool supplies, worth
