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Hubert Biagi

Hubert Biagi
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  • Freeport McMoRan to reduce board, review oil and gas operations [View news story]
    Some dividend is necessary for investment funds to buy...
    Oct 6, 2015. 09:00 AM | 8 Likes Like |Link to Comment
  • Facebook to beam Internet from space [View news story]
    Beaming down is no problem. It's beaming up, Scotty,
    Oct 6, 2015. 08:35 AM | 5 Likes Like |Link to Comment
  • Greeks head to the polls [View news story]
    The greeks may have the last laugh with their porous border allowing the mass migration of Muslims into Europe.
    Sep 20, 2015. 11:25 AM | 1 Like Like |Link to Comment
  • HP cutting 25K-30K Enterprise jobs; FY16 guidance provided [View news story]
    For all of you dishing on HP, the golden Apple employs only about 60,000 Americans to generate $200B annual revenue, while HP employs 250,000 to generate half that. FB just surpassed the market cap of Walmart on what, 10,000 employees? Walmart employs millions.
    Sep 15, 2015. 09:55 PM | 2 Likes Like |Link to Comment
  • Facebook first: 1B people use it in a single day, Zuckerberg says [View news story]
    FB surpasses the market cap of Walmart on what, 10,000 employees? It's the poster child for what's wrong with our economic "recovery". Not to mention the virtual world it has created where more and more people are retreating into. "Friends" and causes across the globe, but could care less about your neighbor and your neighborhood. Or about real life responsibilities. Just need to get more likes.
    Aug 27, 2015. 09:36 PM | 6 Likes Like |Link to Comment
  • SolarCity now up 5.9%; CEO responds to Chanos (updated) [View news story]
    Our FICO score is public when we do securitizations ... so were the AAA ratings of the mortgage backed securities. Means nothing. Having a bunch of expensive hardware on top of your roof that you don't own could cause real problems down the road.
    Aug 24, 2015. 12:30 PM | 1 Like Like |Link to Comment
  • Obama to unveil tougher climate change plan [View news story]
    Typical "not in my backyard' mentality. We'll continue to export all the coal we can to China where it will burn under much looser environmental restrictions. And we'll continue to import huge amounts of Chinese PVs that are toxic to fabricate, and could never be fabricated cheaply under our laws. Gee, last time I checked it was all the same atmosphere. Last time I checked, it was all the same environment.
    Aug 3, 2015. 08:27 AM | 7 Likes Like |Link to Comment
  • Coal pension plan sues Peabody, Arch Coal to assume $800M in liabilities [View news story]
    I believe the OP is talking about Iran's frozen financial assets which will be freed up as part of the sanctions relief. Something like $120B from what I've heard. But then, I'm sure the Iranian mullahs will plow that right back into their economy to help their people, right?
    Jul 17, 2015. 08:25 AM | Likes Like |Link to Comment
  • Shock expressed as Greece has no new plan [View news story]
    Looks like Greece is trying to take down the Euro markets, trying to create as much financial pain outside their country as possible. Will work so long as Greeks have the stomach for this.
    Jul 7, 2015. 11:06 AM | 1 Like Like |Link to Comment
  • MBIA plunges further as Puerto Rico mulls bankruptcy [View news story]
    Crap, because just the US federal debt is about $50k for every man, woman and child. Now add municipal debt and pension obligations. Puerto Rico's situation has been festering for a long time. They're just seizing the PR moment to jump on the bandwagon. Pathetic.
    Jun 30, 2015. 10:52 AM | Likes Like |Link to Comment
  • SCOTUS upholds Obamacare subsidies, healthcare stocks rally [View news story]
    Have you any visibility on this? Emergency room waits have gone up, not down. Most will still go to the emergency room instead of regular doctor visits. The ACA deductibles are not affordable. It does nothing to "fix" the system. It simply pays people's insurance bill. That's it... the largest expansion of Medicaid (welfare) in history.
    Jun 25, 2015. 02:40 PM | 3 Likes Like |Link to Comment
  • Google starting road tests for self-driving car prototypes [View news story]
    Instead of self-driving cars, how about self-driving trains?
    May 15, 2015. 01:54 PM | 3 Likes Like |Link to Comment
  • Mayweather/Pacquiao fight shatters records for HBO, Showtime [View news story]
    People need more to do and have better priorities for their money.
    May 12, 2015. 01:57 PM | 4 Likes Like |Link to Comment
  • Berkshire mobile homes unit accused of predatory tactics [View news story]
    'In 1987, Buffett famously stated, "I'll tell you why I like the cigarette business. It costs a penny to make. Sell it for a dollar. It's addictive. And there's fantastic brand loyalty."'

    That is just one example of the man behind the curtain. A more recent one is his famous advocacy for a "millionaire's tax" which of course he knows he will never, never be subjected to. Yet another is his purchase of BNSF, the largest coal carrier to the west coast (China).

    He manages to remain squeaky clean in public, but really cares little outside outside of Wall street. That's true genius.
    Apr 6, 2015. 02:44 PM | Likes Like |Link to Comment
  • Berkshire mobile homes unit accused of predatory tactics [View news story]
    Absolutely. If you can't read, understand and abide by the written terms, you shouldn't be in a mortgage. If you can't meet your financial obligations the first time life throws you a curve, then you are living beyond your means. Home ownership is not a right, but a privilege and a responsibility. I raised two kids in an apartment and in fact did not even own a home, or a new car, until they were grown up and on their own.
    Apr 6, 2015. 11:03 AM | 4 Likes Like |Link to Comment