Monday, March 14, 2011

lubrizol

lubrizol


The engine-lube business looks bright, according to Warren Buffett's most-recent deal, a $9.7 billion acquisition of specialty chemicals manufacturer Announced before the bell Monday, the deal news sent shares of Lubrizol spiking by nearly 30%.

Buffett's Berkshire Hathaway(BRK) holding company has been looking to put its $40 billion cash treasury to work, rather than letting it sit there rotting in our near-zilch-interest-rate environment. In the annual letter that Berkshire sends to shareholders every year, released at the end of February, the Oracle of Omaha said his "trigger finger is itchy" when it came to doing a deal.

Lubrizol, then, would appear to have met all of Buffet's buyout criteria, a list he proffered in this year's letter to holders.

Those included "at least $75 million of pre-tax earnings," "demonstrated consistent earning power," "businesses earning good returns on equity while employing little or no debt," and "simple businesses (if there's lots of technology, we won't understand it)."

pi day

pi day


Pi Day rolled again: the day of the math fans everywhere - especially in the United States, where the date is written 3.14 - we celebrate everyone's favorite mathematical constant.

If you are curious about the best time of the day to celebrate, unfortunately you've missed. The first few songs, 3.14159, this means that year on March 14, 01:59. This will be a pleasant hours in four years time, when the festivities start on 14/03/1915 at 09:26:53.

Do not let you out the subtleties of timing, though. Princeton University has celebrated an extended weekend of events, culminating in a celebration of Pi Day. The four-day event recitations pi, pie eating contests, shopping deals and $ 3.14 for pi, or $ 31.40. Albert Einstein's birthday today, which is the inevitable creation of Einstein's Pie.

But do not worry if you do not know pi to a party personally. Continue to invite fans into Pi pi Christopher Poole is a phone - call your U.S. phone number 253 243-2504 to hear the numbers read. Do not listen too long, though: as pi is infinite, who knows what could be included in telephone bills.

Thursday, March 10, 2011

big ten tournament


big ten tournament

The Northwestern men's basketball team thought - they did not know - it was the season.

Over the past four months does not exactly go as the Wildcats and the purple-clad followers planned, but at least for a day of hope for an end to one of college basketball live lines unintelligible. The Wildcats beat ninth-placed eighth place Minnesota 75-65 on Thursday in the first round of the Big Ten tournament to set up a date with top-seeded Ohio State in the quarterfinals on Friday.

Over the past 71 springs, the school's inaugural NCAA Championship in 1939, also watched all the other organized activities, a large dance-six Division I conferences. Ivy League teams have reached every NCAA Tournament beds as well.

But not at Northwestern. Northwestern never.

The Wildcats (18-12) Understanding the way to the conference tournament championship - and that elusive first NCAA tournament invite - it is difficult, and their history gives them no comfort. Northwest has never been beyond the second round of the Big Ten tournament.
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