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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

UPDATE 3-U.S. judge throws out aluminum price-fixing suit against banks

August 30, 2014 by Harry Joiner - Add Comment
NEW YORK, Aug 29 (Reuters) – A U.S. judge on Friday dismissed antitrust litigation accusing Wall Street banks and commodity merchants including Goldman Sachs Group Inc and Glencore Plc of conspiring to drive up aluminum prices by reducing supply. Source: Financials
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India govt stake sales in state companies in 2-3 months-official

August 30, 2014 by Harry Joiner - Add Comment
NEW DELHI, Aug 30 (Reuters) – India will sell part of the government’s stake in some state-run companies in the next two to three months, Finance Secretary Arvind Mayaram said on Saturday, without naming any company. Source: Financials
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Alibaba targets launch week for IPO

August 30, 2014 by Harry Joiner - Add Comment
Chinese ecommerce company is expected to raise about $20bn when it lists on New York Stock Exchange, rivalling Agricultural Bank of China’s $22.1bn IPO from July 2010 Source: Companies
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UPDATE 1-Carlyle Group to pay $115 mln to settle collusion suit -source

August 29, 2014 by Harry Joiner - Add Comment
Aug 29 (Reuters) – Carlyle Group LP has agreed to pay $115 million to settle a lawsuit accusing it of conspiring with other buyout firms not to outbid each other on some takeovers that occurred prior to the financial crisis, a person familiar with the matter said on Friday. Source: Financials
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UPDATE 1-Argentina to appeal U.S. judge's order on bond payment

August 29, 2014 by Harry Joiner - Add Comment
NEW YORK, Aug 29 (Reuters) – Argentina said on Friday it would appeal a U.S. judge’s decision declaring illegal a $539 million payment the country deposited with Bank of New York Mellon Corp for its restructured bondholders. Source: Financials
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Week in Review, August 30

August 29, 2014 by Harry Joiner - Add Comment
Burger King tax deal sparks controversy; Shell, RBS and Brazilian telecoms also in the news Source: Companies
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Vice Media nears sale of stake to A&E

August 29, 2014 by Harry Joiner - Add Comment
Sale of 10% of digital media group values business at $2.5bn, and follows the collapse of a proposed sale to Time Warner Source: Companies
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Twitch’s Zen geek finds inner chief

August 29, 2014 by Harry Joiner - Add Comment
Shear co-founded the company, which allows gamers to livestream digital battles and virtual tournaments, and which was sold to Amazon Source: Companies
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Colombia central bank raises benchmark lending rate to 4.5 pct

August 29, 2014 by Harry Joiner - Add Comment
BOGOTA, Aug 29 (Reuters) – Colombia’s central bank raised its benchmark interest rate by a quarter percentage point on Friday for the fifth straight month, to 4.50 percent, to keep a lid on inflation as growth quickens and takes the economy close to its full productive potential. (Reporting by Bogota newsrooom) Source: Financials
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US STOCKS-Wall St edges up, set for best month since February

August 29, 2014 by Harry Joiner - Add Comment
* Dow off 0.04 pct, S&P up 0.18 pct, Nasdaq up 0.3 pct (Updates to midday trading) Source: Financials
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Fitch Affirms StanCorp Financial Group's Ratings; Outlook Stable

August 29, 2014 by Harry Joiner - Add Comment
(The following statement was released by the rating agency) CHICAGO, August 29 (Fitch) Fitch Ratings has affirmed the Issuer Default Rating (IDR) of StanCorp Financial Group, Inc. (SFG) at ‘BBB+’ and the Insurer Financial Strength (IFS) ratings of its subsidiaries, Standard Insurance Company and Standard Life Insurance Company of New York at ‘A’. The Rating Outlook is Stable. A full list of rating actions follows at the end of this release. KEY RATING DRIVERS Today’s affirmation reflects SFG Source: [...]
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UPDATE 2-U.S. slaps more sanctions on Iranian banks, firms

August 29, 2014 by Harry Joiner - Add Comment
WASHINGTON, Aug 29 (Reuters) – The United States on Friday penalized a number of Iranian and other foreign companies, banks and airlines for violating sanctions against Tehran largely tied to its nuclear program. Source: Financials
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Italy's Popolare Vicenza says core capital ratio 10.67 pct after cash call

August 29, 2014 by Harry Joiner - Add Comment
MILAN, Aug 29 (Reuters) – Unlisted Italian lender Banca Popolare di Vicenza said on Friday a recently completed 608-million euro cash call had boosted its core capital ratio to 10.67 percent as it posted a 22-million euro net profit for the first half of the year. Source: Financials
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Apple fans on hold for wearable device

August 29, 2014 by Harry Joiner - Add Comment
The fitness-tracking gadget is set to be revealed at an event at the group’s headquarters along with two new iPhones but will not be on sale until early 2015 Source: Companies
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Market Wrap: Stocks Close Hot August with Another S&P Record

August 29, 2014 by Harry Joiner - Add Comment
Filed under: Market News, Investing AP/Richard Drew By ALEX VEIGA The Standard & Poor’s 500 index (^GPSC) delivered its fourth record high in five days Friday, ending with the biggest monthly gain since February. The milestone-crushing run capped a week when the S&P eclipsed the 2,000-point mark for the first time. And the index ended August with a gain of 3.7 percent. Six months of solid job gains, strong company earnings and a bevy of corporate deal news contributed to the [...]
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Rovio replaces chief amid falling profits

August 29, 2014 by Harry Joiner - Add Comment
Pekka Rantala to take over from Mikael Hed at the Finnish group, which makes the Angry Birds game, as it tackles falling profits and heavy competition Source: Companies
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Fashion: the new front in supermarket war

August 29, 2014 by Harry Joiner - Add Comment
The battle on grocery prices has drawn much of the blame for Tesco’s latest profit warning, now Lidl and Aldi are turning their attention to clothes Source: Companies
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‘Brushing’ risk for Alibaba’s IPO figures

August 29, 2014 by Harry Joiner - Add Comment
Some sellers on Alibaba’s Taobao ecommerce platform have been using fake transactions – a practice known as ‘brushing’ – to inflate their sales Source: Companies
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US craft beer thirst boosts UK hop growers

August 29, 2014 by Harry Joiner - Add Comment
Although British hops account for just 1.6% of the world’s output, strong growth in the US microbreweries sector is spurring demand Source: Companies
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Week's Winners and Losers: BK's Big Buy; A&F Comes Up Shy

August 29, 2014 by Harry Joiner - Add Comment
Filed under: Company News, Apple, McDonald’s, Earnings, Investing Kin Cheung/AP There were plenty of winners and losers this week, with a burger chain making a fiscally shrewd deal for a Canadian icon and a once-trendy retailer suffering another quarter of declining sales at the store level. Here’s a rundown of the week’s smartest moves and biggest blunders. Burger King (BKW) — Winner Shares [...]
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Consumer Sentiment Rises in August as Recovery Rolls On

August 29, 2014 by Harry Joiner - Add Comment
Filed under: Economic Indicators, Inflation, Job Market, Consumer Issues, Investing Luke Sharrett/Bloomberg via Getty Images By Sam Forgione NEW YORK — Consumer sentiment rose in August, while an index of current economic conditions hit its highest since July 2007, a survey released Friday showed. The Thomson Reuters/University of Michigan’s final August reading on the overall index on consumer sentiment came in at 82.5, up from 81.8 the [...]
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Money Manager Gets Stiff Sentence in Ohio Fraud Case

August 29, 2014 by Harry Joiner - Add Comment
Filed under: Scandals and Lawsuits, Ripoffs & Scams, Investing Shutterstock CINCINNATI — A southwest Ohio money manager accused of bilking 141 investors in a Ponzi scheme has been sentenced to 15 years in prison and ordered to pay $34.5 million in restitution. U.S. District Judge Herman Weber said he wanted to send a “loud, emphatic message” to fraudsters with the sentence of Glen Galemmo on Thursday. The Cincinnati Enquirer [...]
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For Bonds, It's Not About the Fed Anymore

August 29, 2014 by Harry Joiner - Add Comment
Filed under: Economic Recovery, Federal Reserve, Treasury, Bonds, Investing Jim Watson, AFP/Getty ImagesFederal Reserve Chair Janet Yellen By Alex Rosenberg | @CNBCAlex It used to be common knowledge that the Treasury trade was all about the Federal Reserve. Once the Fed stopped buying bonds and started talking about raising rates, yields would return to [...]
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Girls, Here's How to Handle Your Bat Mitzvah Money Like an Adult

August 29, 2014 by Harry Joiner - Add Comment
Filed under: Investing Basics, Mutual Funds, Index Funds, Stocks, Investing Rachel Zack/Flickr A Jewish girl’s bat mitzvah typically takes place when she’s 12, and signifies she’s old enough to have certain adult rights and responsibilities. Depending on the family, the gift money that a girl receives while celebrating her transition to spiritual adulthood can easily run into the thousands of dollars. It’s common for girls to spend, [...]
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Youku Tudou eyes bigger slice of film industry

August 28, 2014 by Harry Joiner - Add Comment
China’s largest video hosting website aims to make eight films a year for big screen and nine for web with new film division Heyi Film Source: Companies
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Detroit says Barclays agrees to $275 mln financing

August 28, 2014 by Harry Joiner - Add Comment
Aug 28 (Reuters) – Barclays PLC has agreed to raise up to $275 million to fund Detroit’s exit from municipal bankruptcy, according to a notice filed in U.S. Bankruptcy Court by the city on Thursday. Source: Financials
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TRLPC: LatAm loans keep steady; bankers expect year to end flat

August 28, 2014 by Harry Joiner - Add Comment
NEW YORK, Aug 28 (Reuters) – Latin American deals have made their way to the market through the US and Europe’s slower summer months with borrowers getting offers from banks looking to lend. While activity has been steady, bankers forecast year-end volumes will be good though not overwhelming as Brazil, Latin America’s largest economy, is slated for a slower second half. Source: Financials
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UPDATE 2-Russia's Sberbank sharpens costs focus to chase unchanged targets

August 28, 2014 by Harry Joiner - Add Comment
* Bank will focus on cost controls, bad loans (Adds details, quotes, background) Source: Financials
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Pipeline of Europe’s IPOs continues to flow

August 28, 2014 by Harry Joiner - Add Comment
This year, 176 European IPOs have raised $55.5bn and two dozen more groups are expected to float despite concerns over pricing Source: Companies
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US STOCKS-Wall St dips on Ukraine concerns; data curbs decline

August 28, 2014 by Harry Joiner - Add Comment
* Indexes down: Dow 0.17 pct, S&P 0.09, Nasdaq 0.17 pct (Updates to afternoon trading, changes byline) Source: Financials
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ON THE MOVE-Raymond James lands 4 Wells Fargo FiNet brokers after cold call reconnaissance

August 28, 2014 by Harry Joiner - Add Comment
NEW YORK, Aug 28 (Reuters) – Raymond James Financial Services, the independent broker-dealer arm of Raymond James Financial, said on Thursday it added a four-person team of brokers from Wells Fargo Advisors Financial Network (FiNet) after the lead adviser conducted some unconventional due diligence: he cold called employees at the St. Petersburg home office and asked how they liked their jobs. Read Full Article →

Apple tightens privacy rules for health apps

August 28, 2014 by Harry Joiner - Add Comment
Developers face restrictions on use of personal data amid growing concern over how personal information is being used by developers Source: Companies
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Deutsche Bank fined over reporting errors

August 28, 2014 by Harry Joiner - Add Comment
UK financial watchdog imposes £4.7m penalty on German lender after software glitch means 29m transactions were incorrectly reported Source: Companies
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Debt pressure mounts on Petropavlovsk

August 28, 2014 by Harry Joiner - Add Comment
Gold miner highlights concerns about impact of sanctions on Russian lenders’ ability to access capital and on its efforts to refinance debts Source: Companies
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WiFi routers for the more connected home

August 28, 2014 by Harry Joiner - Add Comment
The new Asus and Netgear models are ahead of their time but are a good investment if a data-hungry household means your router needs updating now Source: Management
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Crafty expats take the home brew to Japan

August 28, 2014 by Harry Joiner - Add Comment
Tokyo has seen an explosion in the number of brewpubs and craft beer on offer and westerners have given up teaching English to slake the city’s thirst Source: Management
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Welcome to the silicon church

August 28, 2014 by Harry Joiner - Add Comment
Overstretched priests are being targeted by tech start-ups to help them manage the administrative side of their vocation Source: Management
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JPMorgan Investigates Possible Cyberattack Probed by FBI

August 28, 2014 by Harry Joiner - Add Comment
Filed under: Identity Theft, JP Morgan Chase, Banks, Security, Investing Andrew Burton/Getty Images By Jim Finkle and David Henry JPMorgan Chase (JPM) is investigating a possible cyberattack and working with law enforcement authorities to determine the scope, a company spokeswoman said Thursday morning. The bank was taking additional steps to safeguard sensitive or confidential information, though it didn’t see unusual fraud [...]
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Survey: Americans' Pessimism Over Economy Rises

August 28, 2014 by Harry Joiner - Add Comment
Filed under: Recession, Economic Recovery, Unemployment, Economy, Investing Stocksnapper/Alamy By JOSH BOAK WASHINGTON — Americans are more anxious about the economy now than they were right after the Great Recession ended despite stock market gains, falling unemployment and growth moving closer to full health. Seventy-one percent of Americans say they think the recession exerted a permanent drag on the economy, according to a survey being released Thursday by Rutgers [...]
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5 Tips That Will Turn You Into a Smarter Stock Investor

August 28, 2014 by Harry Joiner - Add Comment
Filed under: Investing Basics, Securities, Stocks, Investing Richard Drew/AP With the major stock indexes at or near all-time highs, lots of people are thinking about investing in the market — some for the first time, and some who pulled out and have been waiting on the sidelines since the financial crisis of 2008. But no matter what your experience level, there are several straightforward techniques you that can help you be a more successful investor. [...]
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Buy What You Know: 6 Consistent Dividend Winners in Your House

August 28, 2014 by Harry Joiner - Add Comment
Filed under: Stock Picks, Consumer Goods, Food & Beverage, Dividend Stocks, Investing Daniel Acker/Bloomberg via Getty Images Investing in stocks that pay dividends is a rewarding way to get both regular income from your investments and long-term growth potential. Historically, dividend-paying stocks have outperformed their non-dividend-paying counterparts, and given the low yields available from fixed-income investments like bank CDs and bonds lately, many investors have [...]
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UPDATE 1-Online peer-to-peer banker LendingClub files for IPO

August 27, 2014 by Harry Joiner - Add Comment
Aug 27 (Reuters) – LendingClub Corp, the world’s largest online marketplace connecting borrowers and investors directly, filed with U.S. regulators for an initial public offering of common stock. Source: Financials
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Developer Orco sells Warsaw project for EUR 63 mln

August 27, 2014 by Harry Joiner - Add Comment
PRAGUE, Aug 27 (Reuters) – Central European real estate developer Orco Property Group has agreed to sell its delayed Zlota 44 project in Warsaw to a subsidiary of international consortium of AMSTAR and BBI Development for 63 million euros in cash, the company said on Wednesday. Source: Financials
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UPDATE 1-Uber eyes aggressive expansion in Germany despite bans

August 27, 2014 by Harry Joiner - Add Comment
FRANKFURT, Aug 27 (Reuters) – U.S. car service Uber is planning an aggressive expansion in Germany despite a backlash from cities such as Berlin and Hamburg, which have questioned its right to operate in highly regulated markets dominated by traditional taxis. Source: Financials
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US STOCKS-Wall Street holds near record highs in light volume

August 27, 2014 by Harry Joiner - Add Comment
* Dow, S&P and Nasdaq all move less than 0.1 pct (Updates to mid-afternoon, changes byline) Source: Financials
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UPDATE 2-Valeant, Ackman get Oct. 6 trial over Allergan special meeting

August 27, 2014 by Harry Joiner - Add Comment
(Adds deal background and updates value based on share move) Source: Financials
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BlackRock to advise ECB on bond buying

August 27, 2014 by Harry Joiner - Add Comment
European Central Bank has accelerated preparations to implement a potential scheme to buy asset-backed securities in an attempt to fight deflation Source: Companies
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Alibaba sales surge ahead of IPO

August 27, 2014 by Harry Joiner - Add Comment
Group said a third of overall sales by value took place via mobile last quarter, up from 12% last year, as smartphone shoppers hit 188m in June Source: Companies
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Locals tap oil majors’ Niger delta retreat

August 27, 2014 by Harry Joiner - Add Comment
African country is making sure a growing share of its assets are owned by homegrown companies Source: Companies
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Rivals raise the heat in Brazil telecoms

August 27, 2014 by Harry Joiner - Add Comment
Fixed-line company has hired BTG Pactual to review options to buy Telecom Italia’s shares in Brazilian unit Tim Brasil, estimated to be worth $8bn Source: Companies
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