Pilot Flying J Sells Stake to Buffett’s Berkshire Hathaway

Knoxville, Tennessee’s Pilot Flying J truck stop owned by Pilot Travel Centers LLC is selling a 38.6% stake to Warren Buffett’s Berkshire Hathaway. Pilot Flying J has been run by Jimmy Haslam, the son of Pilot Corp. founder Jim Haslam, since 1996. He will remain in that position for the time being. The Haslem Family has been the majority shareholder in Pilot Flying J and is also the owner of the NFL’s Cleveland Browns.

Buffett’s Berkshire Hathaway Buys Stake in Pilot Flying J

Warren Buffett’s Berkshire Hathaway Inc. bought a stake in Pilot Travel Centers LLC, owner of the Pilot Flying J truck stop chain, and detailed plans to become the company’s biggest shareholder in six years…

www.bloomberg.com

Read Full Article



Microsoft (MSFT) Adds Pepsi Flavor to Board & Boosts Dividend!

Microsoft Corp. (NasdaqGS: MSFT) added Hugh Johnston, former vice chairman and chief financial officer of PepsiCo, Inc (PEP) to its board of directors.

Microsoft Corp. (NasdaqGS: MSFT)  also raised its quarterly dividend by 7.6%  YOY or $.42/share today and is payable to shareholders December 14, 2017 to shareholders of record of November 16, 2017. The ex-dividend is November 15, 2017.

Visit the Vista Partners Coverage Pages to learn more about Microsoft and the balance of the Dow 30 a Select Group of Emerging Growth Stocks.

 




Lululemon Running Past Yoga Roots for Growth

Lululemon Athletica Inc. (LULU) shares were up over 7% post better than expected Q2 results on a Friday prior to the Labor Day Holiday. The Company stated that their push and success into running, spinning and other supportive and creative initiatives are securing growth beyond yoga pants.

Lululemon goes beyond yoga pants for sales growth

Lululemon’s second-quarter results got a boost from some new areas, like menswear, international markets and digital…

www.marketwatch.com

Read Full Article



Alibaba Seeking Growth Through Use of Artificial Intelligence

China’s e-commerce giant Alibaba (BABA) wants to tell custmers what they want to buy with the assistance of artificial intelligence (AI). Alibaba has apparently created the Deep Interest Network, which improves recommendation algorithms with the understanding that users have diverse buying interests, and only part of the data is useful to predict a user’s behavior. Note that Alibaba has captured nearly 40% of the $27.9 billion mobile advertising spent in China according to emarketer.

Alibaba’s mobile engagement is exploding thanks to AI

Alibaba has seen surges in mobile engagement during the first quarter of 2017 as it uses AI technology to improve advertisement…

finance.yahoo.com

Read Full Article



Adidas (ADDYY) Drives Home Win with $700M Major League Soccer Agreement

Adidas commits to $700 agreement today with major league Soccer seemingly and soundly stating that they believe in the MLS franchise and the future growth of professional soccer in America. I am loving this as i have been a long time fan of the game and want to see the league expand and with backers like Adidas it would seem MLS will possibly accelerate its growth. Sorry, Nike (NKE) we still love you but it looks like it is Adidas’ time with U.S. Soccer and we have to give this win to them.

Learn more about Nike (NKE) and the balance of the Dow 30 components and emerging growth companies at the Vista Partners Coverage Pages at www.vistapglobal.com.

Adidas scores Major League Soccer deal worth $700M

The company is extending its apparel sponsorship deal with MLS through 2024 in a deal worth 700 million dollars. Yahoo Finance’s Alexis Christoforous, Andy Serwer, and Dan Roberts discuss if this move is enough to push Adidas in front of Nike…

finance.yahoo.com

Read Full Article



The Mushrooms Are Upon Us In The Bay!

With all of the early and consistent rainfall in the San Francisco Bay Area this year it is apparently producing a significant crop of mushrooms. So get out there and get your fungi on and enjoy another one of the benefits of this rainy season.

Wet winter means bumper season for mushrooms

The winter onslaught of wet weather has been a challenge for many locals, and for many Bay Area farmers, it has led to financial challenges and delays in spring planting…

www.sfchronicle.com

Read Full Article



Be a Happier More Productive Investor

Regular exercise continues to be one of the most prolific ways to improve yourself. The positive effects on happiness, energy, intelligence and overall health have been scientifically validated time and time again. If you’ve achieved success despite not exercising regularly, just think how much more successful you could’ve been if you had. Optimize your investing by optimizing yourself.

The following provides a nice info-graphic on the benefits of exercise to give you a brief overview.

Why Exercise Makes Us Happy

Because breaking a sweat isn’t just good for your physical health….

www.success.com

Read Full Article



Friday Market Updates

Stay up to date on your Friday market news.

Retail and consumers — what you need to know in markets on Friday

The week will close out with more news on the consumer class. In the morning, we’ll get J.C. Penney rounding out a full week of retail earnings, and at 10:00 a.m. ET we’ll also get the final reading on consumer sentiment in February from the University of Michigan…

finance.yahoo.com

Read Full Article



Verizon, Yahoo Agree to Cut Merger Price by $350M – Bloomberg

Verizon Communications is set to reduce the price it will pay to acquire Yahoo’s operating business by $350m million. Bloomberg’s Ed Hammond reports on “Bloomberg Markets.” (Source: Bloomberg)Read Full Article

Verizon (V)’s Yahoo story continues to evolve. It will be interesting to see how they marry the two organizations post a successful acquisition proccess.




Nike and Coach are fighting Amazon by creating stores that appeal to all the senses – MarketWatch

Retailers, in an effort to drive traffic to stores, are creating environments that focus on branding, aesthetics and service.Read Full Article

This is a Vista Recommended Article