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Here Are Warren Buffett's 10 Best Dividend Stocks

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15:58","market":"us","language":"en","title":"Here Are Warren Buffett's 10 Best Dividend Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2237534938","media":"Motley Fool","summary":"These passive income powerhouses will bring in between $101 million and $904 million annually for Berkshire Hathaway.","content":"<html><head></head><body><p>You could say <b>Berkshire Hathaway</b> CEO Warren Buffett knows a thing or two about making money. Since taking the reins in 1965, Buffett has overseen the creation of more than $660 billion in value for shareholders (himself included), and guided his company to a 20.1% average annual return. Over 57 years, a 20.1% average return works out to an aggregate gain of more than 3,600,000% for the company&#39;s Class A shares (BRK.A).</p><p>While there is a laundry list of reasons behind Buffett&#39;s success, including his portfolio concentration and willingness to hold great companies for long periods, it&#39;s his love of dividend stocks that may be the true secret sauce. Over the next 12 months, Berkshire Hathaway is on pace to collect more than $6 billion in dividend income, including preferred stock dividends.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e92116e97f06291ec28eda85974acb1b\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Berkshire Hathaway CEO, Warren Buffett. Image source: The Motley Fool.</span></p><p>Of the more than four dozen holdings in Berkshire Hathaway&#39;s portfolio, 10 are set to provide at least $100 million in passive income over the next year. You could rightly say these are Warren Buffett&#39;s 10 best dividend stocks (dividend payouts include holdings from New England Asset Management, which Berkshire owns).</p><h2>1. Chevron: $904,131,705 in passive income over the next 12 months</h2><p>The passive income kingpin in Buffett&#39;s portfolio is integrated oil and gas stock <b>Chevron</b>. Berkshire acquired nearly 121 million shares of the energy giant during the first quarter.</p><p>Aside from its hearty 3.4% dividend yield, Buffett piling into Chevron likely signals his belief that crude oil and natural gas prices will remain elevated for the foreseeable future. Since energy companies weren&#39;t able to make big investments during the pandemic downturn, ramping up domestic output is going to be a slow process. That should favor Chevron&#39;s higher-margin upstream assets.</p><p>Then again, this is an integrated oil and gas giant, so it can always lean on the predictable cash flow from its midstream assets (pipelines and storage) or downstream refineries if commodity prices decline.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f04de1bc8a338016804e26ba1c95c78\" tg-width=\"700\" tg-height=\"455\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2>2. Occidental Petroleum: $874,444,444 (includes preferred stock dividend)</h2><p>Interestingly, Buffett&#39;s two best dividend stocks, based on payout, are oil stocks. <b>Occidental Petroleum</b> is expected to hand over more than $874 million to Berkshire Hathaway over the next year.</p><p>The bulk of this passive income stream -- $800 million annually -- derives from $10 billion in preferred stock that Berkshire owns. This $10 billion was given to Occidental to aid with its acquisition of Anadarko back in 2019.</p><p>Similar to Chevron, Occidental Petroleum looks well-positioned to capitalize on crude oil prices hitting multidecade highs. Between Ukraine war and oil companies paring back their capital expenditures over the past two years, getting supply back into the market will be a challenge. That&#39;s a recipe for high oil prices to persist.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7343c3ce7330b86321a8ec9384d4baea\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2>3. Bank of America: $867,595,685</h2><p>Warren Buffett loves bank stocks, so it&#39;s no surprise to see <b>Bank of America</b> as one of his best dividend stocks. The more than 1 billion shares of BofA held should translate into almost $868 million in annual dividend income.</p><p>Buffett tends to like banks because they&#39;re cyclical. Even though recessions are inevitable, they don&#39;t last very long. By comparison, economic expansions often last years. Disproportionately long periods of expansion allow bank stocks like Bank of America to reap the rewards of making loans and taking in deposits.</p><p>Bank of America is also perfectly positioned to capitalize on rising interest rates. No big bank is more sensitive to interest rate movements. According to BofA, a 100-basis-point parallel shift in the interest rate yield curve should net it $5.4 billion in added net interest income over 12 months.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9ed393b7e8e9f4de0b9ee81a647a64c6\" tg-width=\"700\" tg-height=\"463\" width=\"100%\" height=\"auto\"/><span>Image source: Apple.</span></p><h2>4. Apple: $838,439,808</h2><p>Tech behemoth <b>Apple</b> is Berkshire Hathaway&#39;s largest holding and accounts for more than 38% of the company&#39;s invested assets. Based on an aggregate of roughly 911 million shares held, Buffett&#39;s company can expect $838.4 million in dividend income over the next year.</p><p>As I&#39;ve previously pointed out, Apple checks all the right boxes for Buffett. It&#39;s an extremely well-known brand with an exceptionally loyal customer base that uses its innovation to drive sales and profits to record levels. It controls half of U.S. smartphone share, and Apple&#39;s CEO Tim Cook is overseeing a transition that&#39;ll focus on higher-margin subscription services.</p><p>Were this not enough, Apple has repurchased almost $499 billion of its own stock since 2013.  Buffett has always been a big fan of Apple&#39;s capital return program.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f815e5d91dbf4e2a956e234429b08b7\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"/><span>Image source: Coca-Cola.</span></p><h2>5. Coca-Cola: $704,000,000</h2><p>Beverage stock <b>Coca-Cola</b> is the Oracle of Omaha&#39;s longest-tenured holding. A fixture in Berkshire Hathaway&#39;s portfolio since 1988, Coke has increased its base annual payout for 60 consecutive years.</p><p>Coca-Cola&#39;s secret sauce continues to be its geographic diversity and marketing. With the exception of North Korea, Cuba, and Russia (the latter is due to the Ukraine war), Coke has operations in every other country. This allows it to generate predictable cash flow in developed markets, as well as boost its organic growth rate in emerging markets.</p><p>Like Apple, Coca-Cola is also an extremely well-known brand. It&#39;s one of a handful of companies that can easily cross generational gaps to connect with users via holiday tie-ins, point-of-sale advertising, and social media campaigns.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc21d6aabfd53f63ded95ae16cbd64e1\" tg-width=\"700\" tg-height=\"468\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2>6. Kraft Heinz: $521,015,709</h2><p>Even though it&#39;s been one of Warren Buffett&#39;s worst investments, packaged foods company <b>Kraft Heinz</b> is one of Berkshire&#39;s passive income superstars with a 4.1% yield.</p><p>Whereas most companies have been adversely impacted by the COVID-19 pandemic, Kraft Heinz received a boost. With more people choosing to eat at home, quick-prep meals and packaged foods have been popular supermarket buys. In fact, Wall Street&#39;s profit forecast for the company rose following the release of its first-quarter results.</p><p>On the other hand, Kraft Heinz&#39;s balance sheet remains unsightly. The company is lugging around a lot of debt, and there remains the possibility of additional goodwill writedowns. Without a lot of financial flexibility, reigniting excitement in Kraft Heinz&#39;s brands could be difficult.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed3e6a16841306014bf0cfc3b1697b23\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Image source: American Express.</span></p><h2>7. American Express: $315,350,256</h2><p>If not for Coca-Cola, credit services company <b>American Express</b> would be Buffett&#39;s longest-held stock. A continuous holding since 1993, AmEx is on pace to generate more than $315 million in passive income for the Oracle of Omaha over the next 12 months.</p><p>Like most financial stocks, American Express is cyclical, which therefore allows it to benefit from long-winded expansions. AmEx is what I refer to as a &#34;double dipper&#34; in the sense that it charges fees to process payments as well as acts a lender to its cardholders. Collecting interest income/fees and merchants revenue is an easy way for the company to take advantage of bull markets.</p><p>What&#39;s more, AmEx has always had success attracting well-to-do clients. Individuals with higher incomes are less susceptible to economic downturns, and therefore less likely to alter their spending habits or fail to pay their bills.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2277a955e1b3cff62231527d944fbf2e\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Image source: U.S. Bank.</span></p><h2>8. U.S. Bancorp: $265,045,247</h2><p>Have I mentioned that Buffett loves bank stocks? Regional bank <b>U.S. Bancorp</b>, the parent of U.S. Bank, is another favorite that&#39;s set to bring in around $265 million in annual dividend income.</p><p>One the best aspects of U.S. Bancorp is its relatively conservative management team. Instead of chasing the riskier derivative investments that got money-center banks into trouble during the financial crisis, it&#39;s stuck to the bread and butter of banking: growing its loans and deposits. This is why it consistently has one of the highest returns of assets among the big U.S. banks.</p><p>U.S. Bancorp has also done an excellent job of promoting digital banking. Since the beginning of 2020, the percentage of loan sales completed online or via mobile app has risen from 45% to 65%.  That&#39;s great news given that digital transactions are considerably cheaper for the company.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4c22e08018bf8b9c5840bd31b7354844\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2>9. Citigroup: $112,699,386</h2><p>Yet another money-center bank that&#39;ll be piling on the passive income for Warren Buffett&#39;s company over the next year is <b>Citigroup</b>. Berkshire purchased more than 55 million shares of Citi in the first quarter, which should translate into north of $112 million in annual dividend income.</p><p>Citigroup is arguably the least-liked big U.S. bank. The company&#39;s international exposure has hampered its operating performance in the past. To boot, Citigroup has been a magnet for U.S. regulators, which has resulted in some eye-popping settlements.</p><p>But Citi is also profitable and incredibly inexpensive. The company generated $5.3 billion in income from operations before income taxes during the first quarter and is valued at just 54% of its book value.  Buffet loves a good value stock, and he might have one here with Citigroup.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eac92de9301e64838540b397983a0056\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2>10. Bank of New York Mellon: $101,111,735</h2><p>Finally, America&#39;s largest custodial bank, <b>Bank of New York Mellon</b>, rounds out Buffett&#39;s 10 best dividend stocks.</p><p>Perhaps the biggest catalyst for Bank of NY Mellon is the Federal Reserve&#39;s shift to hawkish monetary policy. Higher interest rates should allow the company to recognize a significant boost in net interest revenue. For context, first quarter net interest revenue rose 7% from the prior-year period, and the Fed has only recently shifted its policy stance.  With multiple 50-basis-point rate hikes expected, BNY Mellon could see healthy top-and-bottom-line expansion.</p><p>This is also a company that&#39;s pretty consistently repurchased its common ($4.55 billion in buybacks completed in 2021).  The Oracle of Omaha appreciates businesses that reward shareholders for their patience.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here Are Warren Buffett's 10 Best Dividend Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere Are Warren Buffett's 10 Best Dividend Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-25 15:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/05/24/here-are-warren-buffett-10-best-dividend-stocks/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You could say Berkshire Hathaway CEO Warren Buffett knows a thing or two about making money. Since taking the reins in 1965, Buffett has overseen the creation of more than $660 billion in value for ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/05/24/here-are-warren-buffett-10-best-dividend-stocks/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","AAPL":"苹果","KO":"可口可乐","C":"花旗","BAC":"美国银行","KHC":"卡夫亨氏","BK":"纽约梅隆银行","CVX":"雪佛龙","AXP":"美国运通","OXY":"西方石油","BRK.B":"伯克希尔B","USB":"美国合众银行"},"source_url":"https://www.fool.com/investing/2022/05/24/here-are-warren-buffett-10-best-dividend-stocks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2237534938","content_text":"You could say Berkshire Hathaway CEO Warren Buffett knows a thing or two about making money. Since taking the reins in 1965, Buffett has overseen the creation of more than $660 billion in value for shareholders (himself included), and guided his company to a 20.1% average annual return. Over 57 years, a 20.1% average return works out to an aggregate gain of more than 3,600,000% for the company's Class A shares (BRK.A).While there is a laundry list of reasons behind Buffett's success, including his portfolio concentration and willingness to hold great companies for long periods, it's his love of dividend stocks that may be the true secret sauce. Over the next 12 months, Berkshire Hathaway is on pace to collect more than $6 billion in dividend income, including preferred stock dividends.Berkshire Hathaway CEO, Warren Buffett. Image source: The Motley Fool.Of the more than four dozen holdings in Berkshire Hathaway's portfolio, 10 are set to provide at least $100 million in passive income over the next year. You could rightly say these are Warren Buffett's 10 best dividend stocks (dividend payouts include holdings from New England Asset Management, which Berkshire owns).1. Chevron: $904,131,705 in passive income over the next 12 monthsThe passive income kingpin in Buffett's portfolio is integrated oil and gas stock Chevron. Berkshire acquired nearly 121 million shares of the energy giant during the first quarter.Aside from its hearty 3.4% dividend yield, Buffett piling into Chevron likely signals his belief that crude oil and natural gas prices will remain elevated for the foreseeable future. Since energy companies weren't able to make big investments during the pandemic downturn, ramping up domestic output is going to be a slow process. That should favor Chevron's higher-margin upstream assets.Then again, this is an integrated oil and gas giant, so it can always lean on the predictable cash flow from its midstream assets (pipelines and storage) or downstream refineries if commodity prices decline.Image source: Getty Images.2. Occidental Petroleum: $874,444,444 (includes preferred stock dividend)Interestingly, Buffett's two best dividend stocks, based on payout, are oil stocks. Occidental Petroleum is expected to hand over more than $874 million to Berkshire Hathaway over the next year.The bulk of this passive income stream -- $800 million annually -- derives from $10 billion in preferred stock that Berkshire owns. This $10 billion was given to Occidental to aid with its acquisition of Anadarko back in 2019.Similar to Chevron, Occidental Petroleum looks well-positioned to capitalize on crude oil prices hitting multidecade highs. Between Ukraine war and oil companies paring back their capital expenditures over the past two years, getting supply back into the market will be a challenge. That's a recipe for high oil prices to persist.Image source: Getty Images.3. Bank of America: $867,595,685Warren Buffett loves bank stocks, so it's no surprise to see Bank of America as one of his best dividend stocks. The more than 1 billion shares of BofA held should translate into almost $868 million in annual dividend income.Buffett tends to like banks because they're cyclical. Even though recessions are inevitable, they don't last very long. By comparison, economic expansions often last years. Disproportionately long periods of expansion allow bank stocks like Bank of America to reap the rewards of making loans and taking in deposits.Bank of America is also perfectly positioned to capitalize on rising interest rates. No big bank is more sensitive to interest rate movements. According to BofA, a 100-basis-point parallel shift in the interest rate yield curve should net it $5.4 billion in added net interest income over 12 months.Image source: Apple.4. Apple: $838,439,808Tech behemoth Apple is Berkshire Hathaway's largest holding and accounts for more than 38% of the company's invested assets. Based on an aggregate of roughly 911 million shares held, Buffett's company can expect $838.4 million in dividend income over the next year.As I've previously pointed out, Apple checks all the right boxes for Buffett. It's an extremely well-known brand with an exceptionally loyal customer base that uses its innovation to drive sales and profits to record levels. It controls half of U.S. smartphone share, and Apple's CEO Tim Cook is overseeing a transition that'll focus on higher-margin subscription services.Were this not enough, Apple has repurchased almost $499 billion of its own stock since 2013.  Buffett has always been a big fan of Apple's capital return program.Image source: Coca-Cola.5. Coca-Cola: $704,000,000Beverage stock Coca-Cola is the Oracle of Omaha's longest-tenured holding. A fixture in Berkshire Hathaway's portfolio since 1988, Coke has increased its base annual payout for 60 consecutive years.Coca-Cola's secret sauce continues to be its geographic diversity and marketing. With the exception of North Korea, Cuba, and Russia (the latter is due to the Ukraine war), Coke has operations in every other country. This allows it to generate predictable cash flow in developed markets, as well as boost its organic growth rate in emerging markets.Like Apple, Coca-Cola is also an extremely well-known brand. It's one of a handful of companies that can easily cross generational gaps to connect with users via holiday tie-ins, point-of-sale advertising, and social media campaigns.Image source: Getty Images.6. Kraft Heinz: $521,015,709Even though it's been one of Warren Buffett's worst investments, packaged foods company Kraft Heinz is one of Berkshire's passive income superstars with a 4.1% yield.Whereas most companies have been adversely impacted by the COVID-19 pandemic, Kraft Heinz received a boost. With more people choosing to eat at home, quick-prep meals and packaged foods have been popular supermarket buys. In fact, Wall Street's profit forecast for the company rose following the release of its first-quarter results.On the other hand, Kraft Heinz's balance sheet remains unsightly. The company is lugging around a lot of debt, and there remains the possibility of additional goodwill writedowns. Without a lot of financial flexibility, reigniting excitement in Kraft Heinz's brands could be difficult.Image source: American Express.7. American Express: $315,350,256If not for Coca-Cola, credit services company American Express would be Buffett's longest-held stock. A continuous holding since 1993, AmEx is on pace to generate more than $315 million in passive income for the Oracle of Omaha over the next 12 months.Like most financial stocks, American Express is cyclical, which therefore allows it to benefit from long-winded expansions. AmEx is what I refer to as a \"double dipper\" in the sense that it charges fees to process payments as well as acts a lender to its cardholders. Collecting interest income/fees and merchants revenue is an easy way for the company to take advantage of bull markets.What's more, AmEx has always had success attracting well-to-do clients. Individuals with higher incomes are less susceptible to economic downturns, and therefore less likely to alter their spending habits or fail to pay their bills.Image source: U.S. Bank.8. U.S. Bancorp: $265,045,247Have I mentioned that Buffett loves bank stocks? Regional bank U.S. Bancorp, the parent of U.S. Bank, is another favorite that's set to bring in around $265 million in annual dividend income.One the best aspects of U.S. Bancorp is its relatively conservative management team. Instead of chasing the riskier derivative investments that got money-center banks into trouble during the financial crisis, it's stuck to the bread and butter of banking: growing its loans and deposits. This is why it consistently has one of the highest returns of assets among the big U.S. banks.U.S. Bancorp has also done an excellent job of promoting digital banking. Since the beginning of 2020, the percentage of loan sales completed online or via mobile app has risen from 45% to 65%.  That's great news given that digital transactions are considerably cheaper for the company.Image source: Getty Images.9. Citigroup: $112,699,386Yet another money-center bank that'll be piling on the passive income for Warren Buffett's company over the next year is Citigroup. Berkshire purchased more than 55 million shares of Citi in the first quarter, which should translate into north of $112 million in annual dividend income.Citigroup is arguably the least-liked big U.S. bank. The company's international exposure has hampered its operating performance in the past. To boot, Citigroup has been a magnet for U.S. regulators, which has resulted in some eye-popping settlements.But Citi is also profitable and incredibly inexpensive. The company generated $5.3 billion in income from operations before income taxes during the first quarter and is valued at just 54% of its book value.  Buffet loves a good value stock, and he might have one here with Citigroup.Image source: Getty Images.10. Bank of New York Mellon: $101,111,735Finally, America's largest custodial bank, Bank of New York Mellon, rounds out Buffett's 10 best dividend stocks.Perhaps the biggest catalyst for Bank of NY Mellon is the Federal Reserve's shift to hawkish monetary policy. Higher interest rates should allow the company to recognize a significant boost in net interest revenue. For context, first quarter net interest revenue rose 7% from the prior-year period, and the Fed has only recently shifted its policy stance.  With multiple 50-basis-point rate hikes expected, BNY Mellon could see healthy top-and-bottom-line expansion.This is also a company that's pretty consistently repurchased its common ($4.55 billion in buybacks completed in 2021).  The Oracle of Omaha appreciates businesses that reward shareholders for their patience.","news_type":1},"isVote":1,"tweetType":1,"viewCount":896,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9028749407,"gmtCreate":1653284320409,"gmtModify":1676535253923,"author":{"id":"3576709266160370","authorId":"3576709266160370","name":"AndyQuak","avatar":"https://static.tigerbbs.com/bd9f635e190b833549d9282c6e3e2f59","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576709266160370","idStr":"3576709266160370"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028749407","repostId":"2237832108","repostType":2,"isVote":1,"tweetType":1,"viewCount":519,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9089928476,"gmtCreate":1649946670057,"gmtModify":1676534613010,"author":{"id":"3576709266160370","authorId":"3576709266160370","name":"AndyQuak","avatar":"https://static.tigerbbs.com/bd9f635e190b833549d9282c6e3e2f59","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576709266160370","idStr":"3576709266160370"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9089928476","repostId":"1133070824","repostType":4,"repost":{"id":"1133070824","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1649399100,"share":"https://ttm.financial/m/news/1133070824?lang=&edition=full_marsco","pubTime":"2022-04-08 14:25","market":"us","language":"en","title":"Reminder: Holiday Trading Hours during Good Friday and Easter","url":"https://stock-news.laohu8.com/highlight/detail?id=1133070824","media":"Tiger Newspress","summary":"U.S. stock markets will be closed Friday, April 15in observance of Good Friday.The New York Stock Exchange and the Nasdaq will resume normal trading hours on Monday.The Securities Industry and Financi","content":"<html><head></head><body><p>U.S. stock markets will be closed Friday, April 15 in observance of Good Friday.</p><p>The New York Stock Exchange and the Nasdaq will resume normal trading hours on Monday.</p><p>The Securities Industry and Financial Markets Association recommended the U.S. bond market close Friday. It also advised that the bond market shutter early on Thursday, April14 at 2 p.m. Eastern.</p><p>U.S. commodities markets including gold and oil futures also won&#39;t be open for trading Friday.</p><p>Singapore stock markets will also close on Good Friday.</p><p>Stock markets in Europe, Hong Kong and Australia will close on Good Friday and on Monday in observance of Easter.</p><p>A-shares (Northbound) will be closed to April 18 from April 14.</p><p><img src=\"https://static.tigerbbs.com/8d9bbb655e7216a0c27a0cb94e0d0875\" tg-width=\"1482\" tg-height=\"1328\" width=\"100%\" height=\"auto\"/></p><p>Good Friday commemorates the crucifixion of Jesus Christ. It isn’t a federal holiday, which means businesses often stay open. Good Friday is the only time U.S. markets close for the day outside of federal holidays.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Reminder: Holiday Trading Hours during Good Friday and Easter</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nReminder: Holiday Trading Hours during Good Friday and Easter\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-08 14:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock markets will be closed Friday, April 15 in observance of Good Friday.</p><p>The New York Stock Exchange and the Nasdaq will resume normal trading hours on Monday.</p><p>The Securities Industry and Financial Markets Association recommended the U.S. bond market close Friday. It also advised that the bond market shutter early on Thursday, April14 at 2 p.m. Eastern.</p><p>U.S. commodities markets including gold and oil futures also won&#39;t be open for trading Friday.</p><p>Singapore stock markets will also close on Good Friday.</p><p>Stock markets in Europe, Hong Kong and Australia will close on Good Friday and on Monday in observance of Easter.</p><p>A-shares (Northbound) will be closed to April 18 from April 14.</p><p><img src=\"https://static.tigerbbs.com/8d9bbb655e7216a0c27a0cb94e0d0875\" tg-width=\"1482\" tg-height=\"1328\" width=\"100%\" height=\"auto\"/></p><p>Good Friday commemorates the crucifixion of Jesus Christ. It isn’t a federal holiday, which means businesses often stay open. Good Friday is the only time U.S. markets close for the day outside of federal holidays.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133070824","content_text":"U.S. stock markets will be closed Friday, April 15 in observance of Good Friday.The New York Stock Exchange and the Nasdaq will resume normal trading hours on Monday.The Securities Industry and Financial Markets Association recommended the U.S. bond market close Friday. It also advised that the bond market shutter early on Thursday, April14 at 2 p.m. Eastern.U.S. commodities markets including gold and oil futures also won't be open for trading Friday.Singapore stock markets will also close on Good Friday.Stock markets in Europe, Hong Kong and Australia will close on Good Friday and on Monday in observance of Easter.A-shares (Northbound) will be closed to April 18 from April 14.Good Friday commemorates the crucifixion of Jesus Christ. It isn’t a federal holiday, which means businesses often stay open. Good Friday is the only time U.S. markets close for the day outside of federal holidays.","news_type":1},"isVote":1,"tweetType":1,"viewCount":674,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9089928606,"gmtCreate":1649946662758,"gmtModify":1676534613002,"author":{"id":"3576709266160370","authorId":"3576709266160370","name":"AndyQuak","avatar":"https://static.tigerbbs.com/bd9f635e190b833549d9282c6e3e2f59","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576709266160370","idStr":"3576709266160370"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9089928606","repostId":"1133070824","repostType":4,"repost":{"id":"1133070824","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1649399100,"share":"https://ttm.financial/m/news/1133070824?lang=&edition=full_marsco","pubTime":"2022-04-08 14:25","market":"us","language":"en","title":"Reminder: Holiday Trading Hours during Good Friday and Easter","url":"https://stock-news.laohu8.com/highlight/detail?id=1133070824","media":"Tiger Newspress","summary":"U.S. stock markets will be closed Friday, April 15in observance of Good Friday.The New York Stock Exchange and the Nasdaq will resume normal trading hours on Monday.The Securities Industry and Financi","content":"<html><head></head><body><p>U.S. stock markets will be closed Friday, April 15 in observance of Good Friday.</p><p>The New York Stock Exchange and the Nasdaq will resume normal trading hours on Monday.</p><p>The Securities Industry and Financial Markets Association recommended the U.S. bond market close Friday. It also advised that the bond market shutter early on Thursday, April14 at 2 p.m. Eastern.</p><p>U.S. commodities markets including gold and oil futures also won&#39;t be open for trading Friday.</p><p>Singapore stock markets will also close on Good Friday.</p><p>Stock markets in Europe, Hong Kong and Australia will close on Good Friday and on Monday in observance of Easter.</p><p>A-shares (Northbound) will be closed to April 18 from April 14.</p><p><img src=\"https://static.tigerbbs.com/8d9bbb655e7216a0c27a0cb94e0d0875\" tg-width=\"1482\" tg-height=\"1328\" width=\"100%\" height=\"auto\"/></p><p>Good Friday commemorates the crucifixion of Jesus Christ. It isn’t a federal holiday, which means businesses often stay open. Good Friday is the only time U.S. markets close for the day outside of federal holidays.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Reminder: Holiday Trading Hours during Good Friday and Easter</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nReminder: Holiday Trading Hours during Good Friday and Easter\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-08 14:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock markets will be closed Friday, April 15 in observance of Good Friday.</p><p>The New York Stock Exchange and the Nasdaq will resume normal trading hours on Monday.</p><p>The Securities Industry and Financial Markets Association recommended the U.S. bond market close Friday. It also advised that the bond market shutter early on Thursday, April14 at 2 p.m. Eastern.</p><p>U.S. commodities markets including gold and oil futures also won&#39;t be open for trading Friday.</p><p>Singapore stock markets will also close on Good Friday.</p><p>Stock markets in Europe, Hong Kong and Australia will close on Good Friday and on Monday in observance of Easter.</p><p>A-shares (Northbound) will be closed to April 18 from April 14.</p><p><img src=\"https://static.tigerbbs.com/8d9bbb655e7216a0c27a0cb94e0d0875\" tg-width=\"1482\" tg-height=\"1328\" width=\"100%\" height=\"auto\"/></p><p>Good Friday commemorates the crucifixion of Jesus Christ. It isn’t a federal holiday, which means businesses often stay open. Good Friday is the only time U.S. markets close for the day outside of federal holidays.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133070824","content_text":"U.S. stock markets will be closed Friday, April 15 in observance of Good Friday.The New York Stock Exchange and the Nasdaq will resume normal trading hours on Monday.The Securities Industry and Financial Markets Association recommended the U.S. bond market close Friday. It also advised that the bond market shutter early on Thursday, April14 at 2 p.m. Eastern.U.S. commodities markets including gold and oil futures also won't be open for trading Friday.Singapore stock markets will also close on Good Friday.Stock markets in Europe, Hong Kong and Australia will close on Good Friday and on Monday in observance of Easter.A-shares (Northbound) will be closed to April 18 from April 14.Good Friday commemorates the crucifixion of Jesus Christ. It isn’t a federal holiday, which means businesses often stay open. Good Friday is the only time U.S. markets close for the day outside of federal holidays.","news_type":1},"isVote":1,"tweetType":1,"viewCount":947,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819278338,"gmtCreate":1630074717624,"gmtModify":1676530218376,"author":{"id":"3576709266160370","authorId":"3576709266160370","name":"AndyQuak","avatar":"https://static.tigerbbs.com/bd9f635e190b833549d9282c6e3e2f59","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576709266160370","idStr":"3576709266160370"},"themes":[],"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819278338","repostId":"1141573828","repostType":4,"repost":{"id":"1141573828","kind":"news","pubTimestamp":1630074530,"share":"https://ttm.financial/m/news/1141573828?lang=&edition=full_marsco","pubTime":"2021-08-27 22:28","market":"us","language":"en","title":"T-Mobile CEO Apologizes for Data Security-Breach","url":"https://stock-news.laohu8.com/highlight/detail?id=1141573828","media":"The Wall Street Journal","summary":"The chief executive of T-Mobile US Inc. apologized to customers fora security breachthat has exposed","content":"<p>The chief executive of&nbsp;T-Mobile US&nbsp;Inc.&nbsp;apologized to customers fora security breachthat has exposed personal data from more than 50 million people and said the wireless company was working to strengthen its cyber defenses.</p>\n<p>The Bellevue, Wash., company on Friday said it struck long-term partnerships with cybersecurity firm Mandiant and consulting firm KPMG LLG after the hack of its systems that exposed millions of Social Security numbers, birth dates and other data.</p>\n<p>“We didn’t live up to the expectations we have for ourselves to protect our customers,” CEO Mike Sievert wrote in a public letter. “Knowing that we failed to prevent this exposure is one of the hardest parts of this event.”</p>\n<p>John Binns, a 21-year-old American who moved to Turkey a few years ago, told The Wall Street Journal he was behind the security breach. He said&nbsp;the company’s lax securityeased his path into a cache ofT-Mobile&nbsp;records. “Their security is awful,” Mr. Binns told the Journal.</p>\n<p>It wasn’t immediately clear whether Mr. Binns worked alone or with help.T-Mobile&nbsp;said Friday the attacker first pierced the company’s testing environments before gaining access to other systems through brute-force attacks and other methods.</p>\n<p>The breach is the third major customer-data leak that T-Mobile has disclosed in the past two years. The company is the second-largest U.S. mobile carrier with roughly 90 million cellphones connecting to its networks.</p>\n<p>The Seattle office of the Federal Bureau of Investigation is investigating the incident, the Journal reported. Mr. Sievert said T-Mobile is cooperating with law enforcement on a criminal investigation.</p>\n<p>Mr. Sievert, who joined T-Mobile in 2013, took over as the company’s CEO in 2020 from longtime boss John Legere. The handoff happened just as the carrier&nbsp;was closing the takeover of its rival, Sprint Corp., forming a bigger nationwide carrier to compete with peers&nbsp;AT&amp;T&nbsp;Inc.&nbsp;and&nbsp;Verizon Communications&nbsp;Inc.</p>\n<p>“We know we need additional expertise to take our cybersecurity efforts to the next level—and we’ve brought in the help,” Mr. Sievert wrote in Friday’s letter.</p>\n<p>He said T-Mobile hired Mandiant to conduct a forensic investigation since it learned about the incident. KPMG’s cybersecurity team will review T-Mobile’s security policies and performance measurement, Mr. Sievert said.</p>\n<p>“To say we are disappointed and frustrated that this happened is an understatement,” Mr. Sievert said. He added that the company is confident that it has closed the security hole the hacker accessed and that there isn’t an ongoing risk to customer data from the hack.</p>\n<p>The company has notified nearly all current T-Mobile customers or primary account holders who had their data compromised, Mr. Sievert said. Among other measures, the company is offering two years of free identity-protection services with McAfee’s ID theft protection to those who might have been affected by the breach, he said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>T-Mobile CEO Apologizes for Data Security-Breach</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nT-Mobile CEO Apologizes for Data Security-Breach\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-27 22:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/t-mobile-ceo-apologizes-for-data-security-breach-11630071045?mod=hp_lista_pos1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The chief executive of T-Mobile US Inc. apologized to customers fora security breachthat has exposed personal data from more than 50 million people and said the wireless company was working to ...</p>\n\n<a href=\"https://www.wsj.com/articles/t-mobile-ceo-apologizes-for-data-security-breach-11630071045?mod=hp_lista_pos1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TMUS":"T-Mobile US Inc"},"source_url":"https://www.wsj.com/articles/t-mobile-ceo-apologizes-for-data-security-breach-11630071045?mod=hp_lista_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141573828","content_text":"The chief executive of T-Mobile US Inc. apologized to customers fora security breachthat has exposed personal data from more than 50 million people and said the wireless company was working to strengthen its cyber defenses.\nThe Bellevue, Wash., company on Friday said it struck long-term partnerships with cybersecurity firm Mandiant and consulting firm KPMG LLG after the hack of its systems that exposed millions of Social Security numbers, birth dates and other data.\n“We didn’t live up to the expectations we have for ourselves to protect our customers,” CEO Mike Sievert wrote in a public letter. “Knowing that we failed to prevent this exposure is one of the hardest parts of this event.”\nJohn Binns, a 21-year-old American who moved to Turkey a few years ago, told The Wall Street Journal he was behind the security breach. He said the company’s lax securityeased his path into a cache ofT-Mobile records. “Their security is awful,” Mr. Binns told the Journal.\nIt wasn’t immediately clear whether Mr. Binns worked alone or with help.T-Mobile said Friday the attacker first pierced the company’s testing environments before gaining access to other systems through brute-force attacks and other methods.\nThe breach is the third major customer-data leak that T-Mobile has disclosed in the past two years. The company is the second-largest U.S. mobile carrier with roughly 90 million cellphones connecting to its networks.\nThe Seattle office of the Federal Bureau of Investigation is investigating the incident, the Journal reported. Mr. Sievert said T-Mobile is cooperating with law enforcement on a criminal investigation.\nMr. Sievert, who joined T-Mobile in 2013, took over as the company’s CEO in 2020 from longtime boss John Legere. The handoff happened just as the carrier was closing the takeover of its rival, Sprint Corp., forming a bigger nationwide carrier to compete with peers AT&T Inc. and Verizon Communications Inc.\n“We know we need additional expertise to take our cybersecurity efforts to the next level—and we’ve brought in the help,” Mr. Sievert wrote in Friday’s letter.\nHe said T-Mobile hired Mandiant to conduct a forensic investigation since it learned about the incident. KPMG’s cybersecurity team will review T-Mobile’s security policies and performance measurement, Mr. Sievert said.\n“To say we are disappointed and frustrated that this happened is an understatement,” Mr. Sievert said. He added that the company is confident that it has closed the security hole the hacker accessed and that there isn’t an ongoing risk to customer data from the hack.\nThe company has notified nearly all current T-Mobile customers or primary account holders who had their data compromised, Mr. Sievert said. Among other measures, the company is offering two years of free identity-protection services with McAfee’s ID theft protection to those who might have been affected by the breach, he 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