Agent Page
Agent Page
Agent Page
Agent Page
My Posts/Listings
Warren Buffett defends 3G, touts economy in record year for Berkshire
Warren Buffett on Saturday used his annual letter to Berkshire Hathaway Inc shareholders to launch vigorous defenses of an aggressive private equity partner and a maligned mobile home unit, as his… Read the original: Warren Buffett defends 3G, touts economy in record year for Berkshire Read More →
Post-Dieselgate, Volkswagen retools itself for faster ride
The biggest engineering feat on display when Volkswagen unveils its new concept car on Tuesday will be the team developing it: a post-Dieselgate management system crafted to operate faster, cheaper and with a lighter grip on the wheel. Last year's scandal over … See the original post here: Post-Dieselgate, Volkswagen retools itself for faster ride Read More →
United Tech rejects Honeywell’s $90.7 billion offer
U.S. industrial conglomerate United Technologies on Friday rejected a $90.7 billion offer by rival aerospace supplier Honeywell International Inc, saying that pursuing a merger would be “irresponsible” toward its shareholders. United Technologies Corp said the two companies had talked about a possible combination for years. United Tech's filing came hours after Honeywell spelled out... [Read more]
U.S. authorities question Citigroup about transactions in FIFA corruption probe
Citigroup Inc said it has received questions from U.S. federal authorities investigating the role of financial institutions in alleged corruption and money laundering involving FIFA. In an annual filing with securities regulators on Friday, Citigroup said it Go here to read the rest: U.S. authorities question Citigroup about transactions in FIFA corruption probe Read More →
Halliburton to slash 5,000 more jobs amid oil slump
The more than 70 percent fall in global crude prices since mid-2014 has led to a series of job cuts and additional cost-cutting efforts from several companies including the world's largest oilfield services provider, Schlumberger Ltd . Halliburton has already reduced its global headcount by 25 percent, or almost 22,000 employees, since 2014. Halliburton is awaiting regulatory approval for its... [Read more]
Buffett annual letter comes amid ‘conspicuous’ performance lag
Warren Buffett will release his annual letter to Berkshire Hathaway Inc shareholders after a year when its stock price lagged the broader market by the most since 2009, adding to years of underperformance. The price of a Berkshire Class A share fell 12.5 percent in 2015, compared with a 1.4 percent gain Go here to see the original: Buffett annual letter comes amid ‘conspicuous’ performance... [Read more]
Strong U.S. durable goods orders offer hope for manufacturing
While other data on Thursday showed new applications for unemployment benefits increased last week, they remained below levels associated with a tightening labor market. The Commerce Department said orders for durable goods, items ranging from toasters to aircraft meant to last three years or more, Read more here: Strong U.S. durable goods orders offer hope for manufacturing Read More →
Macy’s bets off-price stores within stores will drive traffic
(Reuters) – Macy's Inc plans to open Backstage off-price stores within some existing Macy's, betting that the benefit of bringing new customers into stores outweighs the risk of diluting the company brand and undercutting sales of full-price items. Here is the original post: Macy’s bets off-price stores within stores will drive traffic Read More →
Airbus Group profits in line, raises A330 output goal
Airbus Group posted 2015 profit in line with forecasts on Wednesday and announced plans to reverse part of a planned production cut of A330 aircraft due to stronger-than-expected demand. Analysts were on average predicting full-year core operating income of 4.114 billion euros on revenue of 64.736 billion, Here is the original: Airbus Group profits in line, raises A330 output goal Read More →
Yahoo launches auction process as Starboard gears up for fight
Yahoo shares jumped after the company announced its board has formed a committee of independent directors to explore strategic alternatives, and that it has hired investment banks and a law firm to run the process. The launch of the auction process, a move activist hedge fund Starboard Value and other shareholders have pushed since late last year, showed the company was moving another step closer... [Read more]