28 February, 2015 by The TZ Newswire Staff Comments Off on 3 Energy Stocks With Better Dividends Than ExxonMobil
3 Energy Stocks With Better Dividends Than ExxonMobil
ExxonMobil is the Goliath of the industry and a profit machine. But are there better dividend stocks for energy investors?
28 February, 2015 by The TZ Newswire Staff Comments Off on When Centralization Scales Beyond Our Control
When Centralization Scales Beyond Our Control
Submitted by Raúl Ilargi Meijer of the Automatic Earth
When Centralization Scales Beyond Our Control
28 February, 2015 by The TZ Newswire Staff Comments Off on And the Winner for Best Oscar Night Goes to … Facebook?
And the Winner for Best Oscar Night Goes to … Facebook?
Facebook delivers outstanding year-over-year growth of Oscars-related posts and interaction.
28 February, 2015 by The TZ Newswire Staff Comments Off on Did the Dollar Get its Groove Back?
Did the Dollar Get its Groove Back?
The US dollar traded higher against most of the major currencies over the past week. No thanks to Yellen’s testimony before Congress. Market participants took away from her a reduced chance of a mid-year rate hike.
We disagree with the interpretation, seeing her comments as 1) playing down lowflation as transitory and 2) seeing the global influence being overall balanced as the decline in oil prices and interest rates offset the dollar’s appreciation. We continue to expect the FOMC to drop its “patient” forward guidance at its mid-March meeting.
28 February, 2015 by The TZ Newswire Staff Comments Off on Berkshire Hathaway net falls, operating profit rises
Berkshire Hathaway net falls, operating profit rises
Warren Buffett’s Berkshire Hathaway Inc on Saturday said fourth-quarter profit declined 17 percent as investment gains declined, but operating results improved. Earnings fell short of analyst forecasts …
28 February, 2015 by The TZ Newswire Staff Comments Off on Warren Buffett says Berkshire has ‘right person’ as heir
Warren Buffett says Berkshire has ‘right person’ as heir
Warren Buffett told investors on Saturday that Berkshire Hathaway Inc (BRKa.N), which he has run for 50 years, has found his successor, giving more details than he ever has about the selection. “Both the board and I believe we now have the right person to succeed me as CEO – a successor ready to assume the job the day after I die or step down,” the billionaire said in his annual letter to Berkshire shareholders. Buffett also strongly suggested that the person already works within Berkshire. Buffett is 84, while his second-in-command, Charlie Munger, is 91.
28 February, 2015 by The TZ Newswire Staff Comments Off on BP ex-chief Browne to run Russian oligarchs’ oil venture: FT
BP ex-chief Browne to run Russian oligarchs’ oil venture: FT
Browne told the newspaper he will be appointed executive chairman of L1 Energy on Monday, giving up his jobs at private equity firm Riverstone and UK gas explorer Cuadrilla. The appointment comes as L1 Energy, backed by investment funds owned by Fridman and his partner German Khan, prepares to complete as early as next week a 5 billion euro ($5.60 billion) deal to buy RWE Dea [RWEDE.UL], the oil and gas arm of German utility RWE.