21 July, 2015 by The TZ Newswire Staff Comments Off on ‘Buffett’ Says Sell; BofAML Asks, Should We Listen?
‘Buffett’ Says Sell; BofAML Asks, Should We Listen?
When Janet Yellen speaks, investors buy stocks (whether she tells you stock valuations are ‘substantialy stretched’ or not). When Warren Buffett speaks, investors listen… so when his favorite indicator is flashing a huge “sell signal” trading 80% ‘expensive’ to its long-term average, perhaps, as BofAML suggests, it is time to listen.
21 July, 2015 by The TZ Newswire Staff Comments Off on Microsoft Corporation Tumbles as Cloud Growth Slows
Microsoft Corporation Tumbles as Cloud Growth Slows
Microsoft’s Windows business continued its steady decline in the fourth quarter.
21 July, 2015 by The TZ Newswire Staff Comments Off on Personal Finance Daily: 3 reasons to reject the Apple Watch, how hackers took over a Jeep
Personal Finance Daily: 3 reasons to reject the Apple Watch, how hackers took over a Jeep
3 reasons to reject the Apple Watch, and how hackers took over a Jeep.
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21 July, 2015 by The TZ Newswire Staff Comments Off on Write-Offs: 7.21.15
Write-Offs: 7.21.15
Greece; Apple; The next big short; “These Two Men Have Each Eaten Chipotle For Over 100 Days Straight”; and more.
21 July, 2015 by The TZ Newswire Staff Comments Off on Key senators reach agreement on 6-year highway bill
Key senators reach agreement on 6-year highway bill
Senate negotiators say they’ve reached an agreement on a highway bill subject to approval by rank-and-file lawmakers.
21 July, 2015 by The TZ Newswire Staff Comments Off on 1 Number Tells You Everything You Need to Know About United Technologies and Sikorsky
1 Number Tells You Everything You Need to Know About United Technologies and Sikorsky
Oh, and earnings are out, too.
21 July, 2015 by The TZ Newswire Staff Comments Off on Microsoft reports $3.2 billion quarterly loss
Microsoft reports $3.2 billion quarterly loss
(Reuters) – Microsoft Corp reported a $3.2 billion quarterly net loss, hurt by charges related to its Nokia phone business and job cuts, and weak demand for its Windows operating system. The company recorded impairment, integration and restructuring expenses of $8.4 billion in the fourth quarter ended June 30. Microsoft reported a net loss of 40 cents per share. The company reported net income of $4.61 billion, or 55 cents per share, a year earlier. (http://bit.ly/1Ovkhp3) Revenue fell 5 percent to $22.18 billion. (Reporting by Devika Krishna Kumar in Bengaluru; Editing by Kirti Pandey)