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Showing posts from December, 2023

Berkshire Hathaway Inc

  Berkshire Hathaway Inc Company Information Berkshire Hathaway Inc. is an American conglomerate founded by Oliver Chace in the year 1839. Being currently headquartered in Omaha, Nebraska in the United States, it originally started as a textile manufacturing company.  The Berkshire Hathaway Inc Class A Shares are the costliest shares, trading at more than $4,30,000. This was largely because there has never been a stock split, and the company paid dividends only once after billionaire investor Warren Buffet took over the company.  Being a conglomerate, Berkshire Hathaway is engaged in diversified investments in various other corporations, insurance, utilities, food processing, consumer, real estate, operating North American railroad operations, etc.  What originally started as a textile company expanded its operations into the insurance sector largely due to the waning textile industry after World War-I. In 1965, Warren Buffet took over Berkshire Hathaway, who later e...

Eli Lilly And Company

Eli Lilly And Company Information Lilly (Eli) & Co. is an American-based multinational pharma company with offices in 18 countries. Its headquarters are situated in Indianapolis, Indiana, and it sells drugs in over 125 countries. Colonel Eli Lilly was a pharmaceutical chemist and American Civil War veteran who founded this company in 1876. It is traded as LLY in the New York Stock Exchange (NYSE).  Lilly employs over 33,000 people and generated a revenue of over 22 billion USD as of 2019. The company is committed to researching and developing high-quality drugs for humankind's welfare by remaining true to its work. In 1876, this company produced the medicinal drug called quinine used in the treatment of Malaria.  Among its many commendable innovations were gelatin-coating for the capsules & pills and sugar-coated pills that make them easier to swallow. It also developed various drugs for treating syphilis, rheumatism, eczema, and psoriasis in the early 1880s. A scienti...