28 April, 2016 by The TZ Newswire Staff Comments Off on BP’s Operations Did Surprisingly Well Last Quarter, but Gulf of Mexico Costs Kept It From Profits
BP’s Operations Did Surprisingly Well Last Quarter, but Gulf of Mexico Costs Kept It From Profits
Lower operational costs and no major income charges helped make earnings look good for a minute. Then it had to take a charge for the Gulf of Mexico spill.
28 April, 2016 by The TZ Newswire Staff Comments Off on 3 Scorching Hot Med-Tech Stocks In 2016
3 Scorching Hot Med-Tech Stocks In 2016
Edwards Lifesciences, Abiomed, and Boston Scientific are producing eye-popping returns lately.
28 April, 2016 by The TZ Newswire Staff Comments Off on The word that bugs me in the FOMC statement
The word that bugs me in the FOMC statement
It appears the Fed overestimates its abilities
The FOMC statement begins with:
“Information received since the Federal Open Market Committee met in March indicates that labor market conditions have improved further even as growth in economic activity appears to have slowed.”
28 April, 2016 by The TZ Newswire Staff Comments Off on Why Investors Should Be Ecstatic About Microsoft Corporation’s "Poor" Earnings
Why Investors Should Be Ecstatic About Microsoft Corporation’s "Poor" Earnings
The cloud software king’s stock has taken a hit since its earnings news, creating an even better investment opportunity.
28 April, 2016 by The TZ Newswire Staff Comments Off on Priceline CEO steps down after investigation into ‘personal relationship’
Priceline CEO steps down after investigation into ‘personal relationship’
Priceline Group CEO resigns following board-led investigation “surrounding a personal relationship with an employee.”
28 April, 2016 by The TZ Newswire Staff Comments Off on Interface Earnings: A Tale of Two Income Statements
Interface Earnings: A Tale of Two Income Statements
The leading maker of modular carpet hopes that new products and an enhanced dealer channel will help turn sales around.
28 April, 2016 by The TZ Newswire Staff Comments Off on Priceline CEO Resigns After Revelation Of Inappropriate "Personal Relationship With An Employee"
Priceline CEO Resigns After Revelation Of Inappropriate "Personal Relationship With An Employee"
Every several years, a CEO is forced to “resign” after an “inappropriate personal relationship” with a coworker is uncovered (usually at the behest of the coworker). Three years ago it cost the job of Lockheed Martin’s income CEO. Moments ago it took down Darren Huston, the CEO of Priceline who has resigned from the Company, effective immediately.
This was the reason for the resignation, according to the press release: