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  • Telefónica seeks O2 engagement

    Telefónica seeks O2 engagement

    January 21, 2015 Harry Joiner
    Concerns rise about owning a shrinking mobile-only business as rivals bolster broadband and TV Source: Companies
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    January 21, 2015Telefónica seeks O2 engagement
    Obama Seeks to Burnish His Climate Legacy, But Will His Oil and Gas Policies Haunt Him?

    Obama Seeks to Burnish His Climate Legacy, But Will His Oil and Gas Policies Haunt Him?

    January 21, 2015 Harry Joiner
    In at least three previous State of the Union speeches, President Barack Obama placed great emphasis on his "all of the above" energy strategy — one that includes both aggressive pursuit of…
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    January 21, 2015Obama Seeks to Burnish His Climate Legacy, But Will His Oil and Gas Policies Haunt Him?
    Windows 10's Cortana: A Solution Without A Problem?

    Windows 10's Cortana: A Solution Without A Problem?

    January 21, 2015 Harry Joiner
    A large focus of Microsoft's press event today other than high-concept holograms and Windows 10 itself was the personification of the OS, Cortana. We've seen the Halo-themed AI (complete with original…
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    January 21, 2015Windows 10's Cortana: A Solution Without A Problem?
    Microsoft Augments Reality With Windows Holographic

    Microsoft Augments Reality With Windows Holographic

    January 21, 2015 Harry Joiner
    Microsoft debuted its new augmented reality tech at the Windows 10 live event today. Source: Technology
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    January 21, 2015Microsoft Augments Reality With Windows Holographic
    With Windows 10 You Can Stream Any Xbox One Game To Your PC Or Tablet

    With Windows 10 You Can Stream Any Xbox One Game To Your PC Or Tablet

    January 21, 2015 Harry Joiner
    Xbox One users are gaining the ability to stream any Xbox One game to an in-network tablet or PC running Windows 10. Source: Technology
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    January 21, 2015With Windows 10 You Can Stream Any Xbox One Game To Your PC Or Tablet

Why Even the Righteous Should Invest in Sin

September 19, 2014 by Harry Joiner - Add Comment
Filed under: Stock Picks, Tobacco, Wall Street Watch, Stocks, Investing Getty Images CVS Health’s (CVS) move this month to stop selling tobacco products in its 7,700 retail locations might seem like a win for anti-smoking advocates, but it may be a big loss for CVS shareholders. Read Full Article →

Blow to Phones 4U debt-for-equity swap

September 18, 2014 by Harry Joiner - Add Comment
Retailer’s administrator PwC is to continue with talks to sell parts of group after saying the bondholders’ plan has ‘no realistic chance of success’ Source: Companies
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UPDATE 1-Two small Russian banks taken off Canada sanctions list

September 18, 2014 by Harry Joiner - Add Comment
OTTAWA/LONDON, Sept 18 (Reuters) – Canada, one of the harshest critics of Russia’s involvement in Ukraine, this week quietly cancelled sanctions against Expobank and RosEnergoBank, two small Russian banks on which it imposed the measures earlier this year. Source: Financials
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Germany plans to ease bank ring-fencing law – paper

September 18, 2014 by Harry Joiner - Add Comment
BERLIN, Sept 18 (Reuters) – Germany’s Finance Ministry intends to ease a law introduced at the start of 2014 obliging banks to ring-fence speculative activities from other business lines, the Frankfurter Allgemeine Zeitung (FAZ) reported, citing an internal ministry memo. Source: Financials
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Enel gears up for asset sales as it forges ahead in Latin America

September 18, 2014 by Harry Joiner - Add Comment
MILAN, Sept 18 (Reuters) – Italy’s biggest utility Enel faces a busy few months as it reshapes itself to focus on Latin America, with its stake in Spain’s Endesa under the spotlight and more than 4 billion euros ($5 billion) of assets in Eastern Europe to sell. Source: Financials
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ON THE MOVE-Morgan Stanley adds advisory team from Merrill Lynch

September 18, 2014 by Harry Joiner - Add Comment
Sept 18 (Reuters) – Morgan Stanley recruited a team of investment advisers that oversees more than $4.5 billion in client assets, from the global institutional consulting group of Bank of America Merrill Lynch. Source: Financials
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DEALTALK-Activists seen stepping up campaigns in Canadian energy patch

September 18, 2014 by Harry Joiner - Add Comment
TORONTO, Sept 18 (Reuters) – Shareholder activism is likely to gather momentum in the Canadian energy industry in the coming months, sparked by some poor stock performance, the success of past campaigns and growing support from large institutional investors. Source: Financials
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Monitise’s Visa issue shows tech struggle

September 18, 2014 by Harry Joiner - Add Comment
Mobile payments group’s wobbles highlight the challenges facing a clutch of high-profile UK tech groups which are losing investor confidence after initially sparking investor excitement Source: Companies
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Warning on poor nations’ access to capital

September 18, 2014 by Harry Joiner - Add Comment
Nomura Europe chief says fines on western banks for money laundering and sanctions violations means banks are wary of lending in poor countries Source: Companies
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Market Wrap: More Records Fall Thanks to Good Economic News

September 18, 2014 by Harry Joiner - Add Comment
Filed under: Market News, Investing Andrew Burton/Getty Images By MATTHEW CRAFT NEW YORK — More encouraging economic news and friendly signals from the Federal Reserve cheered investors on Thursday, as the stock market climbed to another record high. The gains came a day after the Fed made clear that it’s in no hurry to raise a key bank lending rate, easing a major concern for the stock market. Eight of 10 industry groups in the Standard & Poor’s 500 index rose, led by financial stocks. “The question [...]
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Alibaba to keep it simple for NYSE debut

September 18, 2014 by Harry Joiner - Add Comment
The desire to avoid the glitches that greeted Facebook’s Nasdaq IPO have driven plans for a lower-key listing that could still set records Source: Companies
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Europe struggles to catch US biotech bulls

September 18, 2014 by Harry Joiner - Add Comment
Almost $4bn has been raised by US biotech groups in IPOs and follow-on fundraisings this year, while in Europe the comparable figure is $1.4bn Source: Companies
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Is the midlife crisis just an excuse?

September 18, 2014 by Harry Joiner - Add Comment
The malaise seems to hit employees earlier and is even demonstrated by chimpanzees and orang-utans, though minus the sports car Source: Management
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Here's Why Marriott Should Be Reminding Us to Tip the Maid

September 18, 2014 by Harry Joiner - Add Comment
Filed under: Company News, Investing Monkey Business Images Being a hotel room attendant may well be the hardest job in the lodging industry; it may also be the one that gets the least guest recognition. Marriott International (MAR) is hoping to change that. The hospitality giant is starting to leave envelopes in guest rooms, encouraging them to leave a tip or even a note of appreciation. This is a big deal. Marriott is placing these prominent pleas for service gratuities in [...]
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The tree that recharges your phone

September 18, 2014 by Harry Joiner - Add Comment
The ‘Strawberry Tree’, an innovative solar-powered public charging station created in Serbia, is on its way to California Source: Management
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5 Reasons to Play the Dave & Buster's IPO

September 18, 2014 by Harry Joiner - Add Comment
Filed under: Entertainment Industry, Restaurants, Stocks, IPOs, Investing Aram Boghosian/The Boston Globe/Getty Images The next hot restaurant initial public offering could be a company that wouldn’t mind playing games with you. Dave & Buster’s — the chain of gargantuan restaurants with enclosed arcades and game rooms — filed to go public earlier this month. If everything goes as planned, it will begin trading later this year under the ticker [...]
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Banks’ VAT bills set to soar after ruling

September 17, 2014 by Harry Joiner - Add Comment
Unexpected European court decision means that services supplied between a group’s headquarters and its branches set to be subject to value added tax Source: Companies
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UPDATE 2-JPMorgan Chase replaces some credit cards after Home Depot breach

September 17, 2014 by Harry Joiner - Add Comment
NEW YORK, Sept 17 (Reuters) – JPMorgan Chase & Co is replacing some credit and debit cards following the security breach at Home Depot Inc, a company spokesman said. Source: Financials
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REUTERS INSIDER-WATCH LIVE: Fed Chair Janet Yellen

September 17, 2014 by Harry Joiner - Add Comment
Sept 17 (Reuters) Click here to watch: http://reut.rs/1r19to2 – (Reporting By Jack Doran) Source: Financials
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UPDATE 1-U.S. atty general urges changes to fight more Wall St crime

September 17, 2014 by Harry Joiner - Add Comment
WASHINGTON/NEW YORK, Sept 17 (Reuters) – U.S. Attorney General Eric Holder on Wednesday called for changes that could help prosecutors build criminal cases against senior Wall Street executives, saying companies often insulated their leaders from responsibility for misconduct. Source: Financials
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Investors seek injunction on sale of insurer by BES successor

September 17, 2014 by Harry Joiner - Add Comment
LISBON, Sept 17 (Reuters) – A group of bondholders of insolvent Espirito Santo Financial Group on Wednesday requested a court injunction against the sale of Portuguese insurer Tranquilidade by the successor of Banco Espirito Santo – rescued by the state last month. Source: Financials
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UPDATE 2-Scout24 owners set to announce IPO in October – sources

September 17, 2014 by Harry Joiner - Add Comment
FRANKFURT, Sept 17 (Reuters) – The owners of classified advertising firm Scout24 will announce plans in October to list part of their holdings in an initial public offering in Germany, two sources familiar with the transaction said. Source: Financials
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Electronic Arts: High Hopes From Sports Titles To Drive Revenues

September 17, 2014 by Harry Joiner - Add Comment
Sports game lovers gear up for yet another sports season as Electronic Arts released its much awaited annual edition ? Madden NFL 15- on August 26 in North America and three days later in Europe. Based on National Football League, this sports title is one of the core franchises of the company and is published by EA Sports. Madden NFL is a blockbuster release every year as it is generally released a few weeks before the start of the NFL season. Source: Markets
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Adobe Earnings: Revenue Growth Disappoints Markets

September 17, 2014 by Harry Joiner - Add Comment
The company said that revenue from creative division suffered as the company phased out sale of sales of the perpetual Creative Suite 6 license in Q2. Adobe continued to witness significant growth in its marketing cloud initiatives during the quarter as revenues grew by 14% year over year to $290.1 million. However, revenues from the LiveCycle software business (relatively small) declined by 18%, and printing and publishing were flat. Source: Markets
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Richemont suffers as Asian sales flatline

September 17, 2014 by Harry Joiner - Add Comment
Swiss jeweller that owns Cartier and Montblanc brands misses analysts’ growth expectations amid political uncertainty and shifts in consumer taste Source: Companies
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Boeing Is Facing Rising Competition In The Fast-Growing China Airplane Market

September 17, 2014 by Harry Joiner - Add Comment
Boeing has a huge potential market in China to drive growth in its airplane sales, but the company faces growing competition. China?s state-run Commercial Aircraft Corporation of China (Comac) is developing a single-aisle airplane named Comac C919, and global regional airplane makers such as Bombardier and Embraer are building larger jets to enter the market segments, which until now were dominated by Boeing and Airbus. Source: Markets
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Google's Android One Initiative Could Affect Samsung

September 17, 2014 by Harry Joiner - Add Comment
We believe that the move could pose a threat to Samsung ? the world?s largest smartphone manufacturer ? potentially compounding its market share woes in emerging countries, where we expect much of the growth in the smartphone market to come from. Source: Markets
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Yahoo's Stock Rises Even More As Alibaba Revises Its Offering Price

September 17, 2014 by Harry Joiner - Add Comment
Given the strong reception to the roadshow, Alibaba managemenet and its bankers have increased and narrowed the planned range of the offering from $60-$66 range to $66-$68 per American Depository Receipt. Considering the enormous interest in Alibaba’s offering, this revision will add 10% to 3% to Alibaba’s valuation at the lower and higher end of the offer price band. Source: Markets
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Apple launches iOS 8

September 17, 2014 by Harry Joiner - Add Comment
The latest update of its operating system for iPhones and iPads includes a long list of tweaks to its basic utilities, as well as a new health app Source: Management
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Market Wrap: Dow Sets Record as Fed Says Rates Will Stay Low

September 17, 2014 by Harry Joiner - Add Comment
Filed under: Market News, Federal Reserve, Interest Rates, Investing John Moore/Getty Images By BERNARD CONDON NEW YORK — The stock market rose Wednesday after the Federal Reserve told investors to expect low interest rates for a while yet, pushing the Dow Jones industrial average to a record high. After drifting along for most of the day, stocks marched higher after the U.S. central bank released a statement signaling little change in its interest [...]
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Google turns to ‘soft power’ in Europe

September 17, 2014 by Harry Joiner - Add Comment
As the US technology group is hit by tough scrutiny from European regulators, it has learnt the lessons of its peers to find influence Source: Companies
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Wells Fargo eases lending requirements

September 17, 2014 by Harry Joiner - Add Comment
Bank will require less detail from borrowers applying for mortgages with downpayments of 25 per cent of the value of the property or less Source: Companies
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Shortfalls likely to emerge from ECB test

September 17, 2014 by Harry Joiner - Add Comment
Amid huge uncertainty over the likely results at the end of next month, observers of the process caution that the outcome may prove less decisive than some have hoped Source: Companies
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Disney's New 'Frozen' Ride Stirs Up a Blizzard of Controversy

September 17, 2014 by Harry Joiner - Add Comment
Filed under: Company News, Walt Disney, Rumors, Investing Gene Duncan/Disney/AP A “cool” new attraction will be coming to Disney’s (DIS) Epcot in Florida, but it may prove to be as initially controversial as it will ultimately be popular. The Maelstrom boat ride in the Norway pavilion will close early next month and be replaced by Read Full Article →

How the Death of Cash Could Hammer Small Businesses

September 17, 2014 by Harry Joiner - Add Comment
Filed under: Technology, eBay, Small Business, Industry News, Security, Investing Artamonov Yury/Shutterstock Small businesses constantly face big challenges to their survival. With higher relative overhead than their larger competitors, local retailers struggle to control costs. A demographic shift threatens many small businesses in a new way: the rising costs of handling credit card and debit card transactions as a result of the [...]
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‘Atlas Shrugged’: a cinematic charity case

September 17, 2014 by Harry Joiner - Add Comment
After two watchable prequels, the third and final big-screen instalment of the author’s paean to self-reliance descends into farce Source: Management
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When companies are afraid to speak up

September 17, 2014 by Harry Joiner - Add Comment
So deeply are businesses embedded in the political process that it is particularly striking when they refuse to have anything to do with it Source: Management
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How London became a global design studio

September 17, 2014 by Harry Joiner - Add Comment
Talented young designers have flocked to the UK in spite of its manufacturing decline. But will visa and cost of living issues kill the trend? Source: Management
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Your Lesson From CalPERS' Dumping of Hedge Funds

September 17, 2014 by Harry Joiner - Add Comment
Filed under: Wall Street Watch, Stocks, Investing Alamy The California Public Employees’ Retirement System recently announced that it was divesting all of the $4 billion in hedge fund investments in its portfolio. It is eliminating 24 hedge funds and six fund-of-funds. This decision marked a sharp change in the organization’s investment philosophy. CalPERS started investing in hedge funds in 2002. For the fiscal year ended [...]
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Wall Street Warms Up to Twitter Again

September 17, 2014 by Harry Joiner - Add Comment
Filed under: Company News, Technology, Earnings, Upgrades and Downgrades, Investing incamerastock/Alamy Twitter (TWTR) is starting to give its investors something to tweet about. Things started heating up last week after Canaccord Genuity and UBS (UBS) issued bullish notes. Canaccord Genuity analyst Michael Graham initiated coverage of the microblogger with a buy rating and a $62 [...]
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Reviewers of Apple's iPhone 6 Find Bigger Really Is Better

September 17, 2014 by Harry Joiner - Add Comment
Filed under: Apple, Mobile Technology, Cell Phones, Consumer Electronics, Investing David Paul Morris/Bloomberg via Getty Images Bigger is better and Apple (AAPL) has finally realized that and given iPhone users a product that may be low on novelty but high on improvements, reviewers wrote. Most reviewers say that the iPhone 6 is the best smartphone available or “ever made,” while the [...]
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Stalled internship

September 16, 2014 by Harry Joiner - Add Comment
A young English woman on an internship at a German company finds that she is sidelined and given nothing to do, compared with male colleagues Source: Management
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US STOCKS-Dow hits record on shifting views over Fed's next move

September 16, 2014 by Harry Joiner - Add Comment
NEW YORK, Sept 16 (Reuters) – U.S. stocks rose on Tuesday with the Dow Industrials hitting a record intraday high as markets reacted to wavering expectations over the language the Federal Reserve will use Wednesday to describe its next policy move. Source: Financials
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UPDATE 1-U.S. SEC's Gallagher calls for reforms in fixed income markets

September 16, 2014 by Harry Joiner - Add Comment
WASHINGTON, Sept 16 (Reuters) – A top U.S. regulator called on Tuesday for major reforms in the fixed income markets, saying many of the rules are out of date and lack enough protections for retail investors. Source: Financials
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Fitch Upgrades Banco Industrial e Comercial S.A.'s National Ratings; Resolves Positive Watch

September 16, 2014 by Harry Joiner - Add Comment
(The following statement was released by the rating agency) SAO PAULO, September 16 (Fitch) Fitch Ratings has upgraded Banco Industrial and Comercial S.A.’s (Bicbanco) National Ratings and resolved the Positive Rating Watch following the conclusion of its acquisition by China Construction Bank Corporation (CCBC; Fitch foreign currency long-term Issuer Default Rating of ‘A’, Outlook Stable) as follows: –Long-term National Rating to ‘AAA(bra)’ from ‘A+(bra)’, assigned Stable Outlook; –Short Read Full Article →

White House says rouble plunge linked to sanctions on Russian economy

September 16, 2014 by Harry Joiner - Add Comment
WASHINGTON, Sept 16 (Reuters) – A plunge in the value of the Russian rouble is a direct result of U.S. and European sanctions imposed over Russia’s incursion into Ukraine, the White House said on Tuesday. Source: Financials
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East European stocks coiled for catch-up, with Ukraine caveat

September 16, 2014 by Harry Joiner - Add Comment
* East European stocks jumped 25 pct last time ECB did LTRO * Underperformance metrics have reached historic levels * East Europe performance gap http://link.reuters.com/bap82w * CEEU stocks LTRO reaction http://link.reuters.com/byq82w * East Europe P/Es vs EM http://link.reuters.com/zyn82w * EM 2014 FX performance http://link.reuters.com/jus35t By Marc Jones LONDON, Sept 16 (Reuters) – Eastern European stocks were the surprise winners from the ECB’s last flood of ul Read Full Article →

KKR sounds out DJ equipment maker

September 16, 2014 by Harry Joiner - Add Comment
US private equity group to acquire from Japanese company the division that makes turntables, mixers and digital controllers Source: Companies
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Publicis retains Lévy as board expands

September 16, 2014 by Harry Joiner - Add Comment
Four senior executives to play complementary role to existing team as chief’s position is extended until 2017 in the wake of deal collapse Source: Companies
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Apple trumps Asia’s first-mover advantage

September 16, 2014 by Harry Joiner - Add Comment
Asia’s tech groups have been ahead of Apple in entering product areas such as large-screen phones and smartwatches Source: Companies
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