Well, they said in the statement that they want to get a proper evaluation on these things. MSD as a company is valued at $7 billion Sportico Forbes, CNBC all estimate the Knicks and the Rangers combined are much larger than that. You're talking about the Knicks being a ten, potentially the Rangers probably at 3 to 4.And so that combined is anywhere between 13 to $14 billion. I think when you're thinking about these assets, they are very huge and they want to get a proper valuation on them. Is it they're ge ...

Next up, the New York Times. Those shares were edging higher after Bergkshire Hathaway disclosed a new $350 million investment in the company. This was made during Warren Buffett's last quarter as CEO of Bergkshire.And it comes six years after Buffett sold all sold off all of Berkshire stake in newspapers, calling the industry quote toast. Bergkshire Hathway also trimmed its stake in Apple and revealed a new position in Alphabet. ...

Core Viewpoint - Cariboo Rose Resources Ltd. has received 400,000 common shares from BRS Resources Ltd., enhancing its equity interests and exposure to the Cowtrail copper-gold project [1][3]. Group 1: Company Developments - Cariboo Rose has strengthened its portfolio through the acquisition of BRS shares, which are subject to a statutory hold period of four months and one day [1]. - The company will continue to monitor the Cowtrail project and provide updates on exploration progress [3]. Group 2: Industry Insights - BRS Resources is advancing its Cowtrail copper-gold project in British Columbia, with recent drilling defining a mineralized trend that remains open at both ends [2]. - BRS plans to expand exploration efforts in 2026 to test additional magnetic targets identified to the south of the current project area [2].

Core Viewpoint - Warren Buffett's Berkshire Hathaway made a notable investment in The New York Times, acquiring approximately 5.1 million shares valued at $352 million, marking a significant return to the newspaper industry after previously divesting its newspaper holdings [1][12]. Company Summary - The New York Times has shown a recovery in recent years, with revenues increasing by 9% to $2.8 billion and net income rising by 17% to $344 million, driven by a 9% rise in subscription revenues and a 12% increase in advertising revenues [12]. - The publisher added 1.4 million digital-only subscribers, bringing its total subscriber count to 12.78 million as of December 31 [13]. - The stock price of The New York Times has surged approximately 15-fold since its low in early 2009, reaching a record high of $74, with a 50% increase in the past year [13][14]. Industry Summary - Warren Buffett has expressed concerns about the newspaper industry's viability, noting a significant decline in circulation and advertising revenues over the years [6][11]. - Despite these concerns, Buffett previously stated that newspapers delivering reliable information to local communities would remain viable, indicating a belief in the potential for certain newspapers to succeed [10]. - The newspaper industry has faced a transformation, with many traditional titles struggling, leading Buffett to predict that only a few national titles would survive in the long term [11].

Core Viewpoint - Critical Infrastructure Technologies Ltd. (CiTech) has signed a Letter of Intent (LOI) with H. Cegielski – Poznań S.A. (HCP) to establish a strategic partnership for the production and deployment of the Nexus 20 autonomous platform in Central and Eastern Europe [1][2]. Group 1: Partnership Details - The LOI signifies a commitment to combine CiTech's Nexus 20 technology with HCP's manufacturing and support capabilities to meet the needs of the Polish Armed Forces and NATO [2]. - Planned milestones include a visit by CiTech's CEO to HCP in March 2026 and the delivery of the first Nexus 20 prototype for evaluation in May 2026 [3]. Group 2: Strategic Objectives - The partnership aims to enhance regional security by providing autonomous telecommunications and surveillance infrastructure for defense operations [4]. - The collaboration will establish HCP as a manufacturing hub for Nexus 20 platforms in the Central and Eastern European region, facilitating technology transfer for local maintenance and operational support [6]. Group 3: Company Background - HCP, a subsidiary of Polska Grupa Zbrojeniowa S.A. (PGZ), specializes in large-scale mechanical manufacturing and defense production, contributing advanced capabilities to the partnership [7]. - CiTech is focused on creating autonomous, high-capacity technology for sectors including defense and emergency services, with the Nexus 16 as its first product [8].

VONNIE: IT IS 5:00 A.M. IN NEW YORK CITY. LET US GET YOU SET UP FOR THE DAY. A MAJOR DEAL, JAPAN VOWS TO INVEST 36 BILLION DOLLARS IN U.S. OIL, GAS AND CRITICAL MINIMAL PROJECTS. TALKS ON UKRAINE AND RUSSIA YOU -- RESUME A SECOND DAY OF PEACE NEGOTIATIONS. THE U.S. AND IRAN HAIL THEIR PROGRESS IN NUCLEAR TALKS. EQUITIES RALLYING AS AI JITTERS EASE AHEAD OF THE LATEST FED MEETING MINUTES. LET US LOOK AT THE MARKETS WITH FUTURES APPOINTED HIGHER. THE S&P FINISHED UP ABOUT .1%. NASDAQ 100 DOWN .1%. IN THE AI J ...

Core Insights - Berkshire Hathaway initiated a 3% stake in The New York Times during Q4, valued at over $350 million, which is approximately 0.1% of Berkshire's overall portfolio [2][3]. Financial Performance - The New York Times reported a 10.4% year-over-year increase in total revenue, reaching $802 million [6]. - Digital-only subscription revenue rose by 13.9% year-over-year, while digital advertising revenue increased by 24.9% [6]. - Adjusted earnings per share grew by 11.2% year-over-year to $0.89 [6]. Future Guidance - For Q1 2026, The New York Times expects digital-only subscription revenue to grow by 14% to 17% year-over-year and digital advertising revenue to increase in the high teens to low twenties [7]. - Management anticipates total advertising revenue to grow at a low double-digit rate year-over-year [7]. Strategic Focus - The New York Times is emphasizing video as a key area for strategic investment, aiming to enhance its presence in video journalism [10]. - The company's reputation as a trusted source may serve as a long-term catalyst, especially as AI-generated content becomes more prevalent [8][9]. Stock Valuation - The New York Times has a market capitalization of over $12 billion, with shares trading at about 35 times earnings and 28 times analysts' consensus forecast for the next 12 months [11][12]. - The stock has increased more than 35% from lower trading levels in Q4, suggesting that the entry point for new investors may not be optimal at this time [11][12].

KNOW HIS NAME, YOU CERTAINLY KNOW HIS BUSINESS BACKGROUND, LESS Wexner will be grilled tomorrow. This is part of what has become a bipartisan rebuke to Donald Trump over and over on the Epstein files. He said no new files, Congress made him release them.That's the story we've been following. He said, let it go. It's an old story.Congress said, no, there's more to do. And so it stays in the news because of these actual investigative developments. Now, Wexler had a long and very big kind of business relations ...

Group 1 - Berkshire Hathaway acquired approximately 5.1 million shares of The New York Times Company, valued at about $352 million at the end of December 2025 [1] - The company reduced its stakes in Apple and Bank of America by about 4% and 9% respectively, and sold 77% of its Amazon stake, decreasing its value from $2.2 billion to $525 million [2] - Berkshire added to its holdings in Chubb and Chevron while selling down Aon, and its Alphabet stake increased in value from around $4.3 billion to $5.6 billion due to a surge in Google's parent company shares [3] Group 2 - Warren Buffett, who transformed Berkshire from a failing textile mill into a $1 trillion conglomerate, stepped down as CEO, with Greg Abel taking over [5][6] - Under Buffett's leadership, the company has been net sellers of stocks for 12 consecutive quarters and has not repurchased shares for five quarters, resulting in a cash reserve exceeding $350 billion [7]

Core Insights - Storage Post Self Storage has acquired a new self-storage facility in Nyack, NY, enhancing its presence in New York [1] - This acquisition marks Storage Post's second facility in Rockland County, indicating the company's ongoing growth strategy in the New York and New Jersey regions [1] - The transaction was facilitated by JLL Capital Markets, showcasing the collaboration between Storage Post and JLL in expanding their market footprint [1] Company Expansion - The new facility is located at 92 New York 59 and was previously operated by Go Store It, indicating a strategic acquisition of an existing property [1] - Jack Giannola, Director of Acquisitions at Storage Post, emphasized the consistent demand in Rockland County and the company's intent to better serve local residents and businesses [1] - The acquisition aligns with Storage Post's broader strategy of expanding through self-storage acquisitions and development across the East Coast and Midwest [1] JLL Capital Markets Role - JLL Capital Markets acted as the broker for the transaction, highlighting their expertise in providing capital solutions for real estate investors [1] - The group has over 3,000 Capital Markets specialists worldwide, indicating a strong global presence and capability in facilitating real estate transactions [1] - The smooth execution of the transaction reflects the effective collaboration between Storage Post and JLL, reinforcing their partnership in future expansions [1]