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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

Family Dollar rejects Dollar General bid

August 21, 2014 by Harry Joiner - Add Comment
US chain claims its larger rival lied about previous talks as it cites antitrust concerns for knocking back the $9.7bn counter offer Source: Companies
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BRIEF-Atlas Mara says on track to complete acquisition of BRD unit, Development Bank of Rwanda

August 21, 2014 by Harry Joiner - Add Comment
* Company remains on track to complete its previously announced acquisition of commercial arm of brd, development bank of rwanda Source: Financials
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WRAPUP 3-U.S. housing, jobs data bolster economic outlook

August 21, 2014 by Harry Joiner - Add Comment
WASHINGTON, Aug 21 (Reuters) – U.S. home resales raced to a 10-month high in July and the number of Americans filing new claims for jobless benefits fell last week, signaling strength in the economy. Source: Financials
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Fitch Publishes Updated U.S. Banking Quarterly

August 21, 2014 by Harry Joiner - Add Comment
(The following statement was released by the rating agency) Link to Fitch Ratings’ Report: U.S. Banking Quarterly Review: 2Q14 (Environment Constraining Earnings) http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=761167 NEW YORK, August 21 (Fitch) Fitch Ratings today published an updated version of its ‘U.S. Banking Quarterly’ with additional financial information and spreads provided for the banks covered in the report. The full ‘U.S. Banking Quarterly: Second-Quarter 2 Source: Financials
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StanChart’s NY settlement draws UAE ire

August 21, 2014 by Harry Joiner - Add Comment
United Arab Emirates warns of possible litigation from customers as lender is forced to ‘exit’ Gulf country under terms of anti-money laundering deal Source: Companies
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Chinese car probe takes unexpected turn

August 21, 2014 by Harry Joiner - Add Comment
Landmark ruling, which should benefit foreign carmakers and Chinese buyers, takes some sting out of criticism China is targeting overseas companies Source: Companies
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Not chasing ambulances

August 21, 2014 by Harry Joiner - Add Comment
Personal injury lawyer Jenny Kennedy challenges the many misperceptions about her profession Source: Management
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A laptop choice for every price range

August 21, 2014 by Harry Joiner - Add Comment
The thin and lightweight computers remain the daily machine for most people, and there are plenty of options beyond the MacBook Air Source: Management
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Buy a Designer Handbag Now (but Sell the Designer Bag Maker)

August 21, 2014 by Harry Joiner - Add Comment
Filed under: Company News, Earnings, Industry News, Consumer Goods, Investing Cindy Ord/Getty Images It may be back-to-school shopping season, but this doesn’t mean that moms — or other well-to-do fashionistas — can’t snap up a seasonal bargain. There may never be a better time to buy designer totes, satchels or shoulder bags. This is the time of year when Coach (COH), [...]
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How to Turn Shrinking Home Theaters Into Growing Portfolios

August 21, 2014 by Harry Joiner - Add Comment
Filed under: Technology, Consumer Goods, Electronics, Investing Alamy Technology has changed a lot of things around your home over the past dozen years. You can buy a refrigerator that dispenses carbonated water. You can install a thermostat that learns your patterns and adjusts your climate accordingly. You can use your phone to turn off your porch light and check on your high-def webcam. However, of all of the rooms in the house, nothing has changed [...]
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Doctor Who offers fan-engagement lessons

August 21, 2014 by Harry Joiner - Add Comment
The hit BBC series relaunches this weekend with a new title sequence that was inspired by a fan on YouTube Source: Management
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Feds Step Up Warnings to Banks for Poor Risk-Spotting

August 21, 2014 by Harry Joiner - Add Comment
Filed under: U.S. Government, Federal Reserve, Treasury, Banks, Investing Joshua Roberts/Bloomberg via Getty ImagesOfficials including Federal Reserve Governor Daniel Tarullo, right, and Comptroller of the Currency Thomas Curry have issued warnings that major banks need to make big improvements in determining risk. By Jonathan Spicer NEW YORK — U.S. regulators are sending some of the biggest global banks verbal warnings as they crack down on the firms’ poor [...]
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What's Going Wrong With Office Supply Superstores?

August 21, 2014 by Harry Joiner - Add Comment
Filed under: Company News, Earnings, Retail, Small Business, Investing Matt Sayles/Invision/Staples/AP This would seem to be a great time to invest in office supply superstores. Corporate America has been humming along, showing improvement in recent years. The second- and third-largest chains — Office Depot (ODP) and OfficeMax — merged late last year, giving the industry one less cutthroat competitor to battle. However, [...]
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Carillion abandons pursuit of Balfour Beatty

August 20, 2014 by Harry Joiner - Add Comment
Shares in construction group fall 6% after it rejects the ‘small value change’ in rival Carillion’s revised offer a day before offer deadline expires Source: Companies
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Brazil eases rules to boost housing, auto loans

August 20, 2014 by Harry Joiner - Add Comment
BRASILIA, Aug 20 (Reuters) – Brazil’s government will create a new covered bond to raise funding for real estate loans and ease rules to boost mortgage and auto loans, Finance Minister Guido Mantega said on Wednesday in yet another effort to boost a stagnant economy. Source: Financials
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WRAPUP 3-Argentina bonds, peso reel on country's debt swap plan

August 20, 2014 by Harry Joiner - Add Comment
BUENOS AIRES, Aug 20 (Reuters) – Argentina’s new plan to skirt U.S. courts and resume payment on defaulted bonds aims to protect creditors who participated in two debt restructurings, the economy minister said on Wednesday as the local peso currency weakened to a new historic low. Source: Financials
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Fund firms demand greater say in U.S. risk council designations

August 20, 2014 by Harry Joiner - Add Comment
WASHINGTON, Aug 20 (Reuters) – A heavyweight coalition of asset managers demanded a greater say in future decisions by the top U.S. risk council that would subject them to tougher regulation, the groups said in a letter to the U.S. Treasury. Source: Financials
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GTECH says 14 banks back IGT acquisition with $10.7 bln loan

August 20, 2014 by Harry Joiner - Add Comment
MILAN, Aug 20 (Reuters) – Italian lottery operator GTECH said on Wednesday 14 banks have agreed to lend it up to $10.7 billion, in part to back its planned acquisition of U.S. slot machine maker International Game Technology. Source: Financials
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Fed notes labor market progress, but not convinced yet – minutes

August 20, 2014 by Harry Joiner - Add Comment
WASHINGTON, Aug 20 (Reuters) – The Federal Reserve has been surprised by how quickly the U.S. labor market is healing but doesn’t want to bring forward a planned rate hike until the recovery looks more convincing, according to minutes of its last policy meeting. Source: Financials
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Berkshire fined $1m over stakebuilding

August 20, 2014 by Harry Joiner - Add Comment
Incident was the second time in six months that the company failed to notify the US competition authorities about major share purchases, according to a complaint Source: Companies
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Glencore plans $1bn share buyback

August 20, 2014 by Harry Joiner - Add Comment
Move steals a march on BHP Billiton, which failed to agree to return cash to investors, and comes amid half-year figures that beat expectations Source: Companies
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Antofagasta to split chairman/chief roles

August 20, 2014 by Harry Joiner - Add Comment
Jean-Paul Luksic’s decision to step back from day-to-day operations and become non-exec chairman brings miner in line with governance recommendations Source: Companies
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Cyber attack takes toll on Target

August 20, 2014 by Harry Joiner - Add Comment
Third-largest retailer in US reported a 62% drop in second-quarter profit, partly due to the theft of 40m shopper payment card details last year Source: Companies
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Market Wrap: Stocks Advance for Third Day, Despite Fed Minutes

August 20, 2014 by Harry Joiner - Add Comment
Filed under: Market News, Federal Reserve, Investing Spencer Platt/Getty Images By KEN SWEET NEW YORK — The stock market rose for a third straight day Wednesday despite a report from the Federal Reserve that showed a growing chorus of central bank officials willing to raise interest rates sooner rather than later. In the bond market, prices fell and yields rose as investors prepared themselves for higher interest rates. The Dow Jones industrial average (^DJI) [...]
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Review: The Customer-Funded Business by John Mullins

August 20, 2014 by Harry Joiner - Add Comment
The London Business School author uses stories supplemented with tips to show how a start-up can be funded with no outside backing Source: Management
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The technology makes scents

August 20, 2014 by Harry Joiner - Add Comment
Once a futuristic dream, inventors are proving that the digital transmission of smells may be close Source: Management
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Anglophones are tongue-tied by foreigners

August 20, 2014 by Harry Joiner - Add Comment
The British are being urged to learn a foreign language but they will struggle to find people prepared to speak it to them Source: Management
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Apple Hits New High as Investors Bank on CEO Cook's Vision

August 20, 2014 by Harry Joiner - Add Comment
Filed under: Apple, Computer Industry, Stocks, NASDAQ, Investing Noah Berger/Bloomberg via Getty ImagesApple CEO Tim Cook By MICHAEL LIEDTKE SAN FRANCISCO — Apple’s (AAPL) stock touched a new high Wednesday, reflecting investors’ renewed faith in CEO Tim Cook’s ability to outwit the competition and expand the technological hit-factory built by the late Steve Jobs. The milestone represents a dramatic turnaround in sentiment since [...]
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Winn-Dixie operator Southeastern Grocers pulls IPO plans

August 19, 2014 by Harry Joiner - Add Comment
Aug 19 (Reuters) – Southeastern Grocers LLC, which operates supermarket chains Winn-Dixie and BI-LO, said on Tuesday it would withdraw its plans for an initial public offering. Source: Financials
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BRIEF-Cinven confirms possible offer for Iomart; says Iomart CEO, FD back proposal

August 19, 2014 by Harry Joiner - Add Comment
* Notes announcement made earlier today by iomart and confirms that it has approached iomart regarding a possible recommended cash offer. Source: Financials
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Tuesday 8/19 Insider Buying Report: CBR, ACXM

August 19, 2014 by Harry Joiner - Add Comment
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money.  Today we look at two noteworthy recent insider buys. Source: Markets
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Petrobras Extends Gas Import Deal With Bolivian Company To Fuel Its Thermoelectric Plant In Brazil

August 19, 2014 by Harry Joiner - Add Comment
Currently, YPFB supplies 2.24 million cubic feet of natural gas per day to the thermoelectric plant in Brazil?s centerwest city of Cuiaba under a contract that is set to expire on August 31. The extended gas supply contract will allow Petrobras to compensate for dwindling output from drought-stricken hydroelectric power plants in Brazil. Source: Markets
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Will FedEx's Recent Indictment Impact Its Ability To Meet Short Term Obligations?

August 19, 2014 by Harry Joiner - Add Comment
If FedEx is found guilty, it faces a potential maximum fine of twice the gains from shipments by pharmacies, which is estimated to be around $820 million, meaning a total fine of $1.6 billion. This amounts to 46.4% of FedEx’s operating profits for the fiscal year 2014 and therefore raises concerns about the company’s ability to pay-off and recover from such a hefty fine. It also brings into question how the company will meet its short-term liabilities and pay dividends to its shareholders. Source: Markets
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Sprint's New CEO Gets Down To Business, Launches New Plan To Lure Customers

August 19, 2014 by Harry Joiner - Add Comment
On Monday, the company announced a new set of shared data plans called Family Share Pack, providing customers more data per connection at lower costs than rivals. In addition, the carrier said that it would reimburse customers for the cost of switching over from other carriers. These recent announcements mirror the ?Uncarrier? initiatives launched by T-Mobile earlier this year and it looks like Sprint is setting the stage for another price war in the U.S. wireless industry. Source: Markets
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Can Mobile Ad Platform Boost Yahoo's Ad Revenues

August 19, 2014 by Harry Joiner - Add Comment
The company has been trying to boost user engagement, increase unique user count and monetize its content more effectively. While it was successful in boosting its unique mobile user count from 200 million in Q2 2012 to over 450 million in Q2 2014, its ad revenues have yet to gain any traction. In order to monetize the increasing user count, the company is now focusing on attracting more advertisers to its platform, and boosting its monetization rate. Source: Markets
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BRIEF-Cinven confirms approached Iomart regarding a possible recommended cash offer

August 19, 2014 by Harry Joiner - Add Comment
* Notes announcement made earlier today by Iomart and confirms that it has approached Iomart regarding a possible recommended cash offer Source: Financials
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BRIEF-Standard Chartered reaches $300 mln settlement with U.S. authorities

August 19, 2014 by Harry Joiner - Add Comment
* Announces it has reached a final settlement with new york state department of financial services Source: Financials
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UPDATE 2-Carillion ups pressure on Balfour with new $3.5 bln offer

August 19, 2014 by Harry Joiner - Add Comment
* Takeover deadline expires in two days (Adds analyst quotes, bullets, updates shares) Source: Financials
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BHP’s spin-off marks a turning point

August 19, 2014 by Harry Joiner - Add Comment
Detachment reinforces that productivity, rather than scattergun diversification, is the preferred strategy for the mining industry’s biggest name Source: Companies
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Market Wrap: Stocks Rise as Home Construction Rebounds

August 19, 2014 by Harry Joiner - Add Comment
Filed under: Market News, Global Economy, Investing Kristoffer Tripplaar/Alamy By STEVE ROTHWELL NEW YORK — A summer swoon for the stock market appears to be over for now. The Standard & Poor’s 500 index (^GPSC) closed within six points of its all-time high Tuesday, less than two weeks after slumping on concerns about rising tensions in Iraq and Ukraine. Investors were encouraged by economic reports that suggested growth may be poised to pick up, [...]
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App developers hope to get star struck

August 19, 2014 by Harry Joiner - Add Comment
In a market overwhelmed with millions of apps, many small developers are looking to famous names to help their titles gain a following Source: Companies
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Montag takes greater role at BofA

August 19, 2014 by Harry Joiner - Add Comment
Wall Street veteran becomes sole chief operating officer, a move cementing his position as a possible successor to chief executive Brian Moynihan Source: Companies
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Telenor uncovers child labour in Myanmar

August 19, 2014 by Harry Joiner - Add Comment
Underage worker problems brought to light after company carries out more than 700 unannounced health and safety inspections Source: Companies
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Maersk targets $1bn share buyback

August 19, 2014 by Harry Joiner - Add Comment
Danish group raises profit guidance again after a strong second quarter and is planning its first structured buyback programme, with more to follow Source: Companies
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In praise of the late arrivals

August 19, 2014 by Harry Joiner - Add Comment
Three founders well over 50 tell Jonathan Moules about being older but wiser when starting a new venture Source: Management
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Next steps on more women in tech

August 19, 2014 by Harry Joiner - Add Comment
For technology companies the issue of female representation in the workforce is about innovation, not about gender equality or diversity metrics Source: Management
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Family questions

August 19, 2014 by Harry Joiner - Add Comment
A single American woman applying for jobs in Britain is thrown by a common question during interviews over whether she has a family Source: Management
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Inflation in Check as Consumer Prices Barely Rise in July

August 19, 2014 by Harry Joiner - Add Comment
Filed under: Economic Indicators, Inflation, Federal Reserve, Consumer Issues, Investing Scott Olson/Getty Images By Lucia Mutikani WASHINGTON — U.S. consumer prices barely rose in July as declining energy costs partially offset increases in food and rents, which could give the Federal Reserve ammunition to keep interest rates low for a while. The Labor Department said Tuesday its Consumer Price Index edged up 0.1 percent last month after [...]
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Home Depot Brushes Off Winter Chill as Spring Sales Surge

August 19, 2014 by Harry Joiner - Add Comment
Filed under: Earnings, Retail, Consumer Goods, Home & Garden, Investing Gene J. Puskar/AP By MICHELLE CHAPMAN and ANNE D’INNOCENZIO ATLANTA — Home Depot’s fiscal second-quarter net income surged 14 percent thanks to a rebound in its spring selling season. The nation’s largest home improvement retailer also raised its annual profit guidance Tuesday. Spring is the biggest season for home-improvement retailers, as homeowners and others work on their [...]
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Taco Bell Goes After McDonald's (Again) with a Dollar Menu

August 19, 2014 by Harry Joiner - Add Comment
Filed under: Company News, McDonald’s, Industry News, Restaurants, Investing Jeff Greenberg/Alamy Taco Bell is gearing up for a price war. The country’s largest Mexican food restaurant chain is rolling out a Dollar Cravings menu this week with 11 items all priced at a buck. The additions include mini chicken or beef quesadillas and a spicy potato soft taco. Taco Bell parent company Yum Brands (Read Full Article →
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