About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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Berkshire Hathaway Recently Purchased an Additional 794,000 Stock of Occidental Petroleum

This past Thursday, Berkshire Hathaway BRK.B +0.04 percent purchased an additional 794,000 shares of Occidental Petroleum OXY +2.40 percent, bringing its total position in the large American oil business to 16.4 percent.

On June 17 and June 22, Warren Buffett’s Berkshire Hathaway (BRK/A, BRK/B) acquired a total of 9.5 million shares. A $9 billion investment in Occidental Petroleum (OXY) has been added to Berkshire Hathaway’s holdings in the company.

When compared to prior months, the amount Berkshire spent for the majority of the freshly bought shares was a rather modest sum. On Monday, Occidental Petroleum’s (OXY) shares rose 2.4 percent to $58.90, following a recent surge in oil prices.

Occidental stock in the 1950s seems to be a favorite of Buffett’s. According to Barron’s calculations, Berkshire paid an average price of $53 per share for almost 80% of its stock since March. There is a $1 billion dollar profit on paper based on our assessment of the average cost per share for the total holding. The Berkshire Hathaway interest was originally made public in early March.

At its peak in late May, Occidental’s shares traded at $74.

For Berkshire to trade in Occidental, it must notify the Securities and Exchange Commission within two business days following the transaction.

Berkshire’s recent acquisitions might feed speculation that the business could increase its investment to at least 20% or perhaps make a takeover attempt for the whole company itself.s. Berkshire, with a 20 percent stake in Occidental, is expected to get a separate accounting approach, allowing it to report its part of Occidental’s profits in its own financial statements.

According to Occidental’s results conference call in May, it expects to commence a $3 billion share buyback program in the current quarter. Berkshire’s ownership of the firm will increase if the scheme is carried out. Occidental has been working hard to pay off the debt it took on when it bought Anadarko Petroleum in 2019. Net debt was $23 billion at the end of the first quarter, dropping gradually in prior quarters owing to high earnings.

Occidental is one of the S&P 500’s best-performing companies this year, making it easy to understand why Berkshire is still interested in the company. Even with the stock’s recent surge, Occidental trades at a five-times multiple of its estimated profits for 2022. Occidental, a major oil producer based in the United States, is another favorite of Warren Buffett’s.

The post Berkshire Hathaway Recently Purchased an Additional 794,000 Stock of Occidental Petroleum appeared first on Best Stocks.

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