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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

Consumers Spend a Bit More in June; Inflation Tame

August 1, 2014 by Harry Joiner - Add Comment
Filed under: Economic Indicators, GDP, Consumer Goods, Investing Luke Sharrett/Bloomberg via Getty Images By Lucia Mutikani WASHINGTON — Consumer spending rose for a fifth straight month in June, but a moderation in price increases suggested the Federal Reserve won’t raise interest rates anytime soon. The Commerce Department said Friday consumer spending increased 0.4 percent after rising by an upwardly revised 0.3 percent in May. Spending, which accounts for more than two-thirds of U.S. economic [...]
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For Sale: A Nearly Nonexistent Insurance Agency

August 1, 2014 by Harry Joiner - Add Comment
Filed under: Mortgages, Mergers & Acquisitions, Financial Services, Scandals and Lawsuits, Investing Alamy By JEFF HORWITZ WASHINGTON — One of the country’s largest overseers of troubled home loans, Nationstar Mortgage Holdings, is quietly trying to sell a $100 million insurance agency that doesn’t appear to exist. Harwood Service Co. has no website, no independent offices and only a single registered agent. The switchboard operators at [...]
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If Verizon Et Al Follow Windstream's Move To Become A REIT Will Customers Finally Get Better Service?

July 31, 2014 by Harry Joiner - Add Comment
The industry is pretty much a bottom-feeder in terms of favorable customer service rankings. Source: Technology
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The Surface Pro 3 Could Be Perfect With This One (And A Half) Thing

July 31, 2014 by Harry Joiner - Add Comment
I have been a fan of the Surface tablet since Microsoft launched the original Surface Pro. As far as I was concerned, the Surface Pro 2 was already ?the tablet that can replace your laptop,? but then Microsoft developed the Surface Pro 3. The latest Surface Pro is the best Source: Technology
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Inside The Software That Shapes Your Music: Steven Slate (Part 1)

July 31, 2014 by Harry Joiner - Add Comment
There are a plethora of top-notch software companies?Waves Audio, UAD, PSP, URS, IK-multimedia, iZotope, Fabfilter?yet it?s tough to think of a pro-audio entity sporting as recognizable a spokesman as, say, Apple?s Steve Jobs, or Facebook?s Mark Zuckerberg. Until Steven Slate came along. Source: Technology
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EU banks count regulatory costs

July 31, 2014 by Harry Joiner - Add Comment
Provisions for bad loans fell and net interest margins rose for just a handful of big financial institutions reporting first-half results on Thursday Source: Companies
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UK Startup Creating Animal-Free Drug Testing

July 31, 2014 by Harry Joiner - Add Comment
A new UK start-up is developing a unique new method for testing the impact of pharmaceutical drugs on the heart without having to resort to animal testing or early-stage human clinical trials. Source: Technology
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UniCredit says to sell DAB Bank stake to BNP Paribas

July 31, 2014 by Harry Joiner - Add Comment
MILAN, July 31 (Reuters) – UniCredit has reached a deal to sell its 81.4 percent stake in DAB Bank AG to BNP Paribas, the Italian lender said in a statement on Thursday. Source: Financials
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UPDATE 3-France's Iliad makes $15 billion bid to take control of T-Mobile US

July 31, 2014 by Harry Joiner - Add Comment
* Iliad bids $15 billion in cash for 56.6 pct at $33 per share Source: Financials
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UPDATE 1-CIBC wealth unit chief to succeed CEO in September

July 31, 2014 by Harry Joiner - Add Comment
(Adds quotes, details on new and old CEOs, background on other banks) Source: Financials
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Hedge funds bet on Argentine recovery

July 31, 2014 by Harry Joiner - Add Comment
Groups build positions in country’s companies in show of confidence that clash between Buenos Aires and its holdout creditors is yet to be resolved Source: Companies
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Italy's ENI gets Venezuelan jet fuel cargo in June -document

July 31, 2014 by Harry Joiner - Add Comment
HOUSTON, July 31 (Reuters) – State-run Petroleos de Venezuela delivered in June to Italy’s oil company ENI a 240,000 barrel jet fuel cargo that had been tendered in May on the open market, according to an internal PDVSA document seen by Reuters on Thursday. Source: Financials
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UPDATE 4-Ukraine premier stays on, envoys agree on crash site route

July 31, 2014 by Harry Joiner - Add Comment
* Envoys agree to keep route to crash site open (Adds OSCE comment) Source: Financials
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Scholars Crowd Up To Study Wisdom of Crowds

July 31, 2014 by Harry Joiner - Add Comment
BY SEAN SILVERTHORNE Source: Technology
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European groups warn on Russia crisis

July 31, 2014 by Harry Joiner - Add Comment
Adidas, Metro, VW, Siemens, Shell and others say the European Union’s sanctions on Moscow are hitting their businesses Source: Companies
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Asset managers may escape systemic label

July 31, 2014 by Harry Joiner - Add Comment
Regulators may lift a threat hanging over groups like BlackRock and Fidelity but will still review what risk the Industry poses to stability Source: Companies
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ExxonMobil profits surge as output falls

July 31, 2014 by Harry Joiner - Add Comment
Sale of power utility interests in Hong Kong increases net income by $1.2bn, while improved profitability gives an added fillip of $580m Source: Companies
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One Bad Month Reveals Pandora's Weaknesses

July 31, 2014 by Harry Joiner - Add Comment
Filed under: Company News, Apple, Earnings, Entertainment Industry, Investing Photolyric Sometimes the market is too smart for a company’s own good. Shares of Pandora (P) slipped after posting quarterly results a few days ago. Everything seemed upbeat with the report itself. The leading streaming radio provider beat Wall Street’s profit expectations for the third quarter in a row. Revenue climbed at a [...]
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Leaders in Carbonated Beverage Industry Have Gone Flat

July 31, 2014 by Harry Joiner - Add Comment
Filed under: Company News, Coca-Cola Company, Pepsico, Food & Beverage, Investing Keith Bell/Getty Images Carbonated beverages don’t appear to be as popular as they used to be. Sales have been sluggish at Coca-Cola (KO) and PepsiCo (PEP), and even SodaStream (SODA) — the one company that was growing [...]
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Fathers making parenthood pay

July 31, 2014 by Harry Joiner - Add Comment
Much has been written about how mothers make the most of the juggling act, but some men have found that having kids can also be fruitful for their careers Source: Management
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Vanguard Used Massive Illegal Tax Shelter, Suit Claims

July 31, 2014 by Harry Joiner - Add Comment
Filed under: Company News, ETFs, Financial Services, Scandals and Lawsuits, Mutual Funds, Investing www.typepad.com With more than $2 trillion in mutual fund assets, Vanguard is one of the largest investment companies in the world, and it has acquired a reputation among bargain-seeking investors for its low fund costs. But recently, news broke that a former employee has sued Vanguard, [...]
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Virtual reality gives TV a new frontier

July 31, 2014 by Harry Joiner - Add Comment
BSkyB is eyeing an immersive future following its fresh investment in Silicon Valley start-up Jaunt but technological obstacles remain Source: Management
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Fire Phone vs G3: innovation v basics

July 31, 2014 by Harry Joiner - Add Comment
The whizz-bang features on Amazon’s first smartphone can feel like gimmicks, while LG’s phone focuses on doing standard smartphone tasks very well Source: Management
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As U.S. Economy Regains Footing, Fed Ponders Next Moves

July 31, 2014 by Harry Joiner - Add Comment
Filed under: Inflation, Unemployment Rate, Federal Reserve, Interest Rates, Investing Scott Olson/Getty ImagesJob seekers at a career fair Wednesday in Chicago. By MARTIN CRUTSINGER WASHINGTON — After a grim start to 2014, the U.S. economy has rebounded with vigor and should show renewed strength into next year. That was the general view of analysts Wednesday after the government estimated that the economy grew at a fast 4 [...]
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For Sirius XM, Satellite Radio Makes a Louder Ka-ching!

July 31, 2014 by Harry Joiner - Add Comment
Filed under: Company News, Earnings, Industry News, Entertainment Industry, Investing Peshkova/Shutterstock There is a growing number of ways to entertain your ears on the open road, but satellite radio continues to be an increasingly popular choice. Sirius XM Holdings (SIRI) closed out the second quarter with a record 26.3 million subscribers. The lone provider of satellite radio in America wrapped up [...]
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CORRECTED-UPDATE 1-LPL Financial profit falls as regulatory expenses jump

July 30, 2014 by Harry Joiner - Add Comment
NEW YORK, July 30 (Reuters) – LPL Financial Holdings Inc , whose almost 14,000 financial advisers make it the third largest U.S. brokerage firm, said a big jump in regulatory expenses led to a 4.4 percent drop in second-quarter profit. Source: Financials
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Bank of America ordered to pay $1.27 bln for Countrywide fraud

July 30, 2014 by Harry Joiner - Add Comment
NEW YORK, July 30 (Reuters) – A federal judge on Wednesday ordered Bank of America Corp to pay $1.27 billion of damages after a federal jury found the second-largest U.S. bank liable for fraud over defective mortgages sold by its Countrywide unit. Source: Financials
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UPDATE 2-Pimco's Gross says income, not capital gains, to drive returns

July 30, 2014 by Harry Joiner - Add Comment
NEW YORK, July 30 (Reuters) – Bill Gross, manager of the world’s largest bond fund, said Wednesday that income, rather than capital gains, would drive future investment returns as a result of low global economic growth. Source: Financials
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Asia a hard sell for Russian firms seeking cash

July 30, 2014 by Harry Joiner - Add Comment
* Russian firms frozen out of international syndicated loan market Source: Financials
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Barclays vision starts to take shape

July 30, 2014 by Harry Joiner - Add Comment
CEO Antony Jenkins notes bank is more than halfway through restructuring its investment banking unit as profits beat expectations Source: Companies
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UPDATE 1-U.S. blacklists North Korea shipping firms over arms shipments

July 30, 2014 by Harry Joiner - Add Comment
WASHINGTON, July 30 (Reuters) – The United States on Wednesday blacklisted two North Korean shipping firms that it said tried to conceal arms shipments from Cuba to North Korea, following a similar move by the United Nations. Source: Financials
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News Corp revisits news app idea

July 30, 2014 by Harry Joiner - Add Comment
Group will decide in the next few weeks whether to launch an app-based news service aimed at ‘millennial’ readers to create a fresh revenue stream Source: Companies
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Carlyle profits up 92% amid sell-offs

July 30, 2014 by Harry Joiner - Add Comment
Private equity house takes advantage of buoyant markets to sell off investments, achieving economic net income of $237m for the second quarter Source: Companies
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Peugeot turns first profit in three years

July 30, 2014 by Harry Joiner - Add Comment
Turnround plan of Europe’s second-largest carmaker gains credibility as it reports first-half operating income of €477m and higher sales to China Source: Companies
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China corruption probe reaches western breakfast tables

July 30, 2014 by Harry Joiner - Add Comment
Ripple effects of Beijing’s investigations into ‘suspected serious discipline violations’ include share price slide at one Canadian joint venture Source: Companies
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A transatlantic drive for equality

July 30, 2014 by Harry Joiner - Add Comment
A UK group that campaigns for more women to be appointed to company boards has launched in the US Source: Management
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Malaysia Airlines is stuck with its name

July 30, 2014 by Harry Joiner - Add Comment
It is hard to see what the airline can learn from these tragedies. The first is still a mystery. The second was not its fault Source: Management
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Review: Mental Illness at Work

July 30, 2014 by Harry Joiner - Add Comment
A well-intentioned and practical guide to a stigmatised issue that managers should address, but lacking enough real-life stories to be really useful Source: Management
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Ross to take "significant" part of Bank of Cyprus's 1 bln-euro share sale

July 29, 2014 by Harry Joiner - Add Comment
LONDON, July 29 (Reuters) – U.S. billionaire Wilbur Ross said on Tuesday that he will take a “significant” portion of the 1 billion euros ($1.34 billion) worth of new shares being sold by Bank of Cyprus but that the complexities of the deal made it impossible to say how much at this point. Source: Financials
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UPDATE 1-Italy post office says needs more funds to keep up full service

July 29, 2014 by Harry Joiner - Add Comment
ROME, July 29 (Reuters) – Italy’s post office operator Poste Italiane, which the government has slated for privatisation, said on Tuesday it would need more funding to be able to keep up a comprehensive mail delivery service. Source: Financials
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Merkel says new EU sanctions against Russia were unavoidable

July 29, 2014 by Harry Joiner - Add Comment
BERLIN, July 29 (Reuters) – The European Union’s decision to impose broad sanctions against Russia was “unavoidable” after its actions in Ukraine and it is now up to Moscow to make the next move, German Chancellor Angela Merkel said on Tuesday. Source: Financials
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Dark pool probes draw in trio of European banks

July 29, 2014 by Harry Joiner - Add Comment
Authorities request information from UBS, Credit Suisse and Deutsche Bank on anonymous trading venues and high-frequency trading Source: Companies
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Elliott founder’s apocalyptic investment letter

July 29, 2014 by Harry Joiner - Add Comment
Paul Singer, best known for his dogged legal pursuit of the Argentine government, writes that solar disturbances are a bigger problem than nuclear war Source: Companies
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Daily Dividend Report: IBM, EXC, WYNN, ENR, CLF, VLO, CR, DK

July 29, 2014 by Harry Joiner - Add Comment
IBM (IBM) declared a regular quarterly cash dividend of $1.10 per common share, payable September 10, 2014 to stockholders of record August 8, 2014. Source: Markets
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Hartford Q2 Earnings Preview: Property And Casualty Is Key

July 29, 2014 by Harry Joiner - Add Comment
Hartford continued to implement its strategy of restructuring its businesses in order to focus on property and casualty (P&C) insurance, group insurance and mutual funds as it completed the sale of its Japanese annuity subsidiary. Source: Markets
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RPT-Hedge fund Elliott discloses bigger Juniper stake, tight-lipped on Argentina

July 29, 2014 by Harry Joiner - Add Comment
BOSTON, July 29 (Reuters) – Hedge fund Elliott Management told investors that it added to its stake in Juniper Networks last quarter and sees opportunities in real estate securities in Europe, but it said little about two positions making headlines – Argentina and EMC Corp. Source: Financials
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Akamai Earnings Preview: Feeling The Fruits of FIFA

July 29, 2014 by Harry Joiner - Add Comment
We expect the results to benefit from FIFA World Cup 2014 games, which stretched from mid June to mid July. Our estimates reveal that Akamai could have added somewhere around $40-$50 million in incremental revenues from the World Cup in the second quarter alone. Source: Markets
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UPDATE 1-Citigroup Institutional Clients Group CFO Bailey to retire -memo

July 29, 2014 by Harry Joiner - Add Comment
NEW YORK, July 29 (Reuters) – The chief financial officer for Citigroup Inc’s Institutional Clients Group, Jerry Bailey, is retiring and will be replaced by Mark Mason, currently chief executive of the company’s private bank, according to a memo sent to employees on Tuesday. Source: Financials
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Exxon Earnings Preview: Higher Commodity Prices, Better Volume Mix To Drive Growth

July 29, 2014 by Harry Joiner - Add Comment
We expect the company to post modest earnings growth over the last year on higher commodity prices and improved liquids production, partly offset by lower overall production and thinner downstream margins. Source: Markets
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Starbucks' Q3 Earnings: Price Hike & Consumer Product Segment Drive Sales

July 29, 2014 by Harry Joiner - Add Comment
The highlight of the company’s impressive performance in this quarter was its U.S. comparable sales growth of 7%, despite increasing competition in the breakfast segment and rising commodity prices. Each of the company’s reporting segments delivered excellent performance in Q3, leading to an 11% increase in revenues to $4.2 billion. Source: Markets
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