The Traderszone Network

The collapse in oil futures has wreaked havoc on the energy sector, with the exception of refiners, who have benefited from the drop in crude prices.
read more

Microsoft engaged in about $15 billion in currency hedging in the latest quarter, analyst Rick Sherlund says.

Saudi Arabia has a response to the global surplus of oil: Raise output to near-record levels and then pump even more.

General Motors Co (GM.N) Chief Executive Officer Mary Barra, who last year became the first woman to lead a major U.S. automaker, received $16.2 million in 2014 compensation, up 78 percent from her predecessor’s total the previous year. Most of Barra’s compensation is tied to stock awards that she cannot cash in yet. She received $4.55 million in salary and other liquid compensation for 2014, GM said in a proxy filed on Friday with the U.S. Securities and Exchange Commission. Barra, 53, replaced Dan Akerson, now 66, as CEO in January 2014.

Partially due to criticism over SeaWorld’s treatment of animals, Mattel said it will no longer produce the SeaWorld Barbies.
read more

Mylan announced Friday morning that it had commenced a formal offer to acquire Perrigo for a mix of cash and stock.

Like migrating birds, private jet setters follow a basic instinct when it comes to their flight paths: They follow better weather.