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$XL's return on average ordinary shareholders' equity (ROE) for 2015 rose to 11.1% from 1.9% last year. The increase was due to an rise in net income during the year. This impact includes gain on sale of operating affiliate, ARX, during 2Q15, as well as impact of the loss on sale of life reinsurance subsidiary in the prior year.
Vine, the unique app from $TWTR is no more! Perfect example for mass products that don't make money!
$CVX posts first profit in a year. Right time to get some shares? My question is, will it sustain this turnaround?
Jeff Bezos, my inspiration next to Steve Jobs is going to review the Everything Store $AMZN's financial results today after hours. As an investor/user, I like Amazon Prime and it's success over several parts of the world. What's your take on Amazon?
Of all the Wall St firms out there, Goldman Sachs $GS is the most revered for the way they're run - hiring the best, highly competitive, a closely-knit peer group and making tons of profits for the shareholders. An interesting interview of its CEO Llyod Blankfein by Carlyle groups chief David Rubenstein