30 May, 2016 by The TZ Newswire Staff Comments Off on The Limits Of Oil’s Rebound
The Limits Of Oil’s Rebound
Submitted by Anatole Kaletsky, originally posted at Project Syndicate,
For the first time since last October, the price of a barrel of oil has broken through $50. So it seems a good time to update the analysis I presented in January 2015.
30 May, 2016 by The TZ Newswire Staff Comments Off on Microsoft CEO celebrates India’s tech pioneers
Microsoft CEO celebrates India’s tech pioneers
Microsoft CEO Satya Nadella traveled to India to meet with the nation’s next generation of tech pioneers.
30 May, 2016 by The TZ Newswire Staff Comments Off on Brexit – latest ORB poll: Stay in 51%, Get out 46%
Brexit – latest ORB poll: Stay in 51%, Get out 46%
News crossing on the latest ORB poll (a phone poll)
–
Bremain 51% (remain in the EU)
– Brexit 46% (leave the EU)
30 May, 2016 by The TZ Newswire Staff Comments Off on DBV Technologies: Mixed General Assembly of June 21, 2016 Procedures for obtaining preparatory documents for the Assembly
DBV Technologies: Mixed General Assembly of June 21, 2016 Procedures for obtaining preparatory documents for the Assembly
30 May, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Oracle back in court Tuesday, this time facing HP
The Wall Street Journal: Oracle back in court Tuesday, this time facing HP
Jurors are set to convene on Tuesday to hear opening arguments in a five-year legal battle that centers on Oracle Corp.’s alleged role in the decline of one of the former Hewlett-Packard Co.’s most lucrative products.
30 May, 2016 by The TZ Newswire Staff Comments Off on Why Management Is Incentivized To Fabricate Earnings: It’s All About non-GAAP Bonuses
Why Management Is Incentivized To Fabricate Earnings: It’s All About non-GAAP Bonuses
When it comes to the stock market, there is no single greater observable divergence right now than that between GAAP and non-GAAP earnings. As the chart below shows, while on a non-GAAP basis earnings have been hurting in recent years, with the LTM EPS of the S&P has declined to 116.4, down from 118.1 as of December 31, 2014, the real surprise is in GAAP EPS, which are back down to 88, a level last seen in 2007 when the market was about 500 points lower.
30 May, 2016 by The TZ Newswire Staff Comments Off on Former Zurich Insurance Group CEO has committed suicide
Former Zurich Insurance Group CEO has committed suicide
Martin Senn, the former CEO of Zurich Insurance Group, has taken his own life just months after leaving the company.