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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 1-Israel's Bank Leumi to pay $289 mln in US tax probe deal

June 8, 2014 by Harry Joiner - Add Comment
* Leumi to record Q2 charge of 460 million shekels (Adds details, share reaction, background, source comments) Source: Financials
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Salini Impregilo free float could be 35 pct after share sale – source

June 8, 2014 by Harry Joiner - Add Comment
MILAN, June 8 (Reuters) – The number of shares of Italy’s Salini Impregilo freely traded on the market could amount to 35 percent of the builder’s capital after a planned cash call and share placement, a source close to the situation said on Sunday. Source: Financials
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Alan Clark: Part of the beer elite

June 8, 2014 by Harry Joiner - Add Comment
The former psychologist running SABMiller, the world’s second-largest beer maker, explains his leadership style Source: Management
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Conflict-shy bosses

June 8, 2014 by Harry Joiner - Add Comment
Reader comments in response to psychotherapist Naomi Shragai’s piece in which she argued that a tendency to duck battles often had links to childhood Source: Management
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How to handle a rich underling

June 8, 2014 by Harry Joiner - Add Comment
Given that the need to earn a living is such a significant factor in most people’s jobs, it can be hard to manage those who do not need to work Source: Management
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The dangers of passion for your work

June 8, 2014 by Harry Joiner - Add Comment
The term implies obsessiveness when all the average employer wants is people who like their job and care about it Source: Management
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Somali pirates free 11 crew kidnapped in 2010

June 7, 2014 by Harry Joiner - Add Comment
MOGADISHU, June 7 (Reuters) – Eleven crew members held hostage by Somali pirates for more than three years have been released, regional and United Nations officials said on Saturday. Source: Financials
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Spain's Metrovacesa agrees sale of Gecina stake

June 7, 2014 by Harry Joiner - Add Comment
PARIS/MADRID, June 7 (Reuters) – Spanish builder Metrovacesa said it agreed to sell its 27 percent stake in French peer Gecina to a group of investors as it unwinds a costly acquisition made during Spain’s housing boom in an effort to pay down debt. Source: Financials
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Czech finance ministry proposes abolishing pension reform by 2017 -paper

June 7, 2014 by Harry Joiner - Add Comment
PRAGUE, June 7 (Reuters) – The Czech Finance Ministry has three options for abolishing pension reforms introduced by the previous centre-right administration by January 2017, a Czech daily paper reported on Saturday. Source: Financials
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Egypt c.bank governor says forex policies successful, could eliminate black market

June 7, 2014 by Harry Joiner - Add Comment
CAIRO, June 7 (Reuters) – The policies of Egypt’s central bank are succeeding in restoring stability to the foreign exchange market and controlling inflation, bank governor Hisham Ramez was quoted by state media on Saturday as saying. Source: Financials
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Fire breaks out in building near New York's Rockefeller Center

June 7, 2014 by Harry Joiner - Add Comment
NEW YORK, June 6 (Reuters) – A large fire broke out in the basement of a Manhattan building that sits a block away from the Rockefeller Center, fire officials said on Friday. Source: Financials
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Icahn picks up a bargain at Family Dollar

June 7, 2014 by Harry Joiner - Add Comment
Shares surged in after-hours trade after disclosure of activist’s interest, as investors bet he will shake up company that has suffered falling sales Source: Companies
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New UPS chief looks overseas for growth

June 6, 2014 by Harry Joiner - Add Comment
David Abney will succeed Scott Davis in September but pledges to continue his strategy of organic expansion or acquisitions outside the US Source: Companies
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Uber value hits $18.2bn on fundraising

June 6, 2014 by Harry Joiner - Add Comment
Valuation has soared from about $3.5bn last year, when Google’s VC arm and TPG, the private equity group, led a $258m investment in the company Source: Companies
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SEC exercises its muscle over ‘dark pools’

June 6, 2014 by Harry Joiner - Add Comment
Liquidnet and Wedbush are subject to action over controls Source: Companies
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UPDATE 1-Deutsche Bank opts against stake in Borussia Dortmund

June 6, 2014 by Harry Joiner - Add Comment
* Says decision follows appraisal process over longer period of time Source: Financials
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UPDATE 2-AA's private equity owners speed to exit with sale and IPO

June 6, 2014 by Harry Joiner - Add Comment
* Listing later in June expected to value AA at 1.4 bln stg Source: Financials
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UPDATE 3-Mexico central bank unexpectedly cuts rate to spur weak economy

June 6, 2014 by Harry Joiner - Add Comment
MEXICO CITY, June 6 (Reuters) – Mexico’s central bank unexpectedly slashed interest rates to a record low on Friday, saying a sluggish economy gave it room for a one-off cut to spur growth without fanning inflation pressures. Source: Financials
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WRAPUP-ECB will know by year-end if latest measures have worked: Constancio

June 6, 2014 by Harry Joiner - Add Comment
* Weidmann tries to ease German concerns, against bond buys Source: Financials
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Week in Review, June 7

June 6, 2014 by Harry Joiner - Add Comment
Robots march forward; also news from Apple, Twitter and GM Source: Companies
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U.S./Canada daily earnings hits & misses June 6 – 1340 ET

June 6, 2014 by Harry Joiner - Add Comment
June 6 (Reuters) – The following U.S.-listed companies reported earnings on Friday. This list shows whether they beat, met or missed Wall Street analysts’ forecasts. It also shows the difference between analysts’ expectations and reported results. The figures are provided by Thomson Reuters I/B/E/S. All revenue amounts are in millions. Company Name Ticker Qtr Industry Curr EPS Est EPS Act Diff EPS Rev Est Rev Act Diff Rev HURCO COMPANIES Read Full Article →

Pinterest sights set on the big picture

June 6, 2014 by Harry Joiner - Add Comment
The scrapbooking site is launching a self-serve advertising platform, after recently announcing partnerships with big brands Source: Companies
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S&P loses Australia appeal over ratings

June 6, 2014 by Harry Joiner - Add Comment
Judgment paves the way for similar court actions in Europe and elsewhere from investors who lost billions of dollars during the financial crisis Source: Companies
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Prada hit by slowdown in luxury goods

June 6, 2014 by Harry Joiner - Add Comment
The Italian fashion house reports ‘awful’ first-quarter results as the global luxury goods sector suffers a continuing slowdown in demand Source: Companies
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Hertz shares plunge on accounting probe

June 6, 2014 by Harry Joiner - Add Comment
Group said it may have to restate financial results for the last three years and plans to spin off its equipment rental unit could be disrupted Source: Companies
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Fed: U.S. Economy Needs to Tighten Up Before Rates Can Rise

June 6, 2014 by Harry Joiner - Add Comment
Filed under: Unemployment Rate, Federal Reserve, Interest Rates, Economy, Investing Andrew Harrer/Bloomberg via Getty ImagesFederal Reserve Governor Jerome Powell By Marc Jones and Francesco Canepa LONDON — Federal Reserve Governor Jerome Powell said Friday that he wanted to see signs that the U.S. economy was tightening up before interest rates could be raised. While acknowledging that employment in the United States had rebounded, Powell highlighted “significant” slack, [...]
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Push Is On for More Female Financial Planners

June 6, 2014 by Harry Joiner - Add Comment
Filed under: Careers, Financial Services, Financial Advisors, Investing M. Niebuhr/Shutterstock By Kimberly Palmer Ever since Manisha Thakor, the founder of MoneyZen Wealth Management, entered the financial services field, she’s been one of the few women at the table. “In my early 20s, I tried to behave like the other people around me by wearing dark suits, being serious and showing no sign of feminine energy, but [...]
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Another Month of Solid Hiring Could Fuel U.S. Growth

June 6, 2014 by Harry Joiner - Add Comment
Filed under: Labor, Economic Indicators, Job Market, Job Search, Investing AP By CHRISTOPHER S. RUGABER WASHINGTON — Hiring has picked up in the past several months, and another strong job gain could boost hopes that the U.S. economy has rebounded after a grim start to the year. Economists forecast that employers added 220,000 jobs in May, according to FactSet. That would be below April’s burst of hiring, [...]
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Fed knows no secrets about the future, Kocherlakota says

June 5, 2014 by Harry Joiner - Add Comment
BOSTON, June 5 (Reuters) – The Federal Reserve is keeping interest rates low so as to stimulate spending in an environment where people are spending too little, and not because it is secretly worried about the future, a top U.S. central bank policymaker said on Wednesday. Source: Financials
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Hedge Funds Buying Shares Of This Global Healthcare Supplier

June 5, 2014 by Harry Joiner - Add Comment
At Holdings Channel, we have reviewed 3,692 13-F filings for the 03/31/2014 reporting period, and looked at the various S&P 500 components held by each of these reporting hedge funds and other 13F filers. For each component, we totaled the number of shares across across all of these funds. Next, we went back to the 12/31/2013 period, and went through the same exercise for each of those 3,692 hedge funds. By comparing the same group across the two periods, we can see which S&P 500 components, in the aggregate, these particular hedge funds have been buying and selling. Source: Markets
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Sprint move for T-Mobile tests regulators

June 5, 2014 by Harry Joiner - Add Comment
Japanese billionaire determined to move ahead with plans to add T-Mobile US to his North American empire, despite hints that the deal may be blocked Source: Companies
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Extreme Weather Takes A Toll On Ann, But Its Future Still Looks Good

June 5, 2014 by Harry Joiner - Add Comment
Ann cited unfavorable weather conditions and higher-than-anticipated promotional activities as the primary reason for its dismal performance in the first quarter. However, it also said that traffic and sales improved towards the latter half of the quarter and the retailer was on course to deliver third consecutive year of record EPS. Source: Markets
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Fitch Affirms Support Rating and Withdraws BBVA Bancomer's 'BBB-' Support Rating Floor

June 5, 2014 by Harry Joiner - Add Comment
(The following statement was released by the rating agency) MONTERREY, June 05 (Fitch) Fitch Ratings has today affirmed BBVA Bancomer Support Rating (SR) at ‘2’and withdrawn the Support Rating Floor (SRF) of BBVA Bancomer of ‘BBB-‘ and . See the full list of rating actions is at the end of this rating action commentary. KEY RATING DRIVERS The support rating affirmation of BBVA Bancomer at ‘2’ reflects Fitch’s view that there is high probability of support to BBVA Bancomer from BBVA, if need Read Full Article →

Johnson Controls Seeks To Accelerate Growth With A New Battery Plant In China

June 5, 2014 by Harry Joiner - Add Comment
With the addition of this new plant, Johnson Controls will likely be able to accelerate growth in its auto battery segment which constituted roughly 15% of its $42.7 billion revenues last fiscal. In terms of profit contribution, though, the company?s auto battery segment constitutes nearly a third of its total operating profits, as margins in this segment are much higher than those in the remaining segments of the company. Source: Markets
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UPDATE 2-Europeans, U.S. differ over safety of Ranbaxy facility

June 5, 2014 by Harry Joiner - Add Comment
June 5 (Reuters) – European regulators said on Thursday they have completed their assessment of drug manufacturing violations at Ranbaxy Laboratories Ltd’s facility in Toansa, India, and although deficiencies were found, they pose no risk to public health. Source: Financials
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Daily Dividend Report: VZ, GD, HES, ROK, NUE, GHC, AVGO

June 5, 2014 by Harry Joiner - Add Comment
Verizon Communications (VZ) declared a quarterly dividend of 53 cents per outstanding share, unchanged from the previous quarter. The dividend is payable on Aug. 1, 2014, to Verizon Communications shareowners of record at the close of business on July 10, 2014. Source: Markets
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Fitch Affirms Support Rating and Withdraws Banco Santander's (Mexico) 'BBB-' Support Rating Floor

June 5, 2014 by Harry Joiner - Add Comment
(The following statement was released by the rating agency) MONTERREY, June 05 (Fitch) Fitch Ratings has today affirmed Banco Santander (Mexico) (SAN Mexico) Support Rating (SR) at ‘2’ and withdrawn the SRF of Banco Santander (Mexico) (SAN Mexico) of ‘BBB-‘ . See the full list of rating actions at the end of this rating action commentary. KEY RATING DRIVERS The support rating affirmation of SAN Mexico at ‘2’ reflects Fitch’s view that there is high probability of support to SAN Mexico from Read Full Article →

Abbott Looking To Revive Generic Drug Sales With CFR Acquisition

June 5, 2014 by Harry Joiner - Add Comment
The $2.9 billion deal (excluding CFR?s $430 million debt) is expected to close by the end of the third quarter this year and be accretive to Abbott?s earnings from Q4 2014 onward. The company expects CFR to generate $900 million in sales in 2015, and grow in the double digits over the next several years. Source: Markets
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Italy's Fincantieri may be worth up to 1.6 bln euros – report

June 5, 2014 by Harry Joiner - Add Comment
MILAN, June 5 (Reuters) – Italy’s state-owned shipbuilder Fincantieri, which is planning to list on the Milan stock market, could be worth up to 1.6 billion euros ($2.2 billion), according to a report by Banca IMI, one of the book runners working on the deal. Source: Financials
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BNP eyes shake-up as hefty US fine looms

June 5, 2014 by Harry Joiner - Add Comment
Chief operating officer set to go as France’s biggest bank struggles to reach a settlement with US authorities over alleged sanctions violations Source: Companies
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Myopia lies at heart of GM switch faults

June 5, 2014 by Harry Joiner - Add Comment
Many GM staff followed a limited interpretation of their responsibilities, failing to show curiosity about their actions’ implications or the effect on customers Source: Companies
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Critics pounce on Asos profit warning

June 5, 2014 by Harry Joiner - Add Comment
Chief executive of UK-based online clothing retailer dismisses suggestions by rivals and analysts of fundamental changes in the online market Source: Companies
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Handset makers turn back clock on watches

June 5, 2014 by Harry Joiner - Add Comment
Many mobile phone owners stopped wearing wristwatches but smartphone makers are seeking to persuade consumers to buy smartwatches Source: Management
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Icelandic court clears corporate raider

June 5, 2014 by Harry Joiner - Add Comment
Acquittal of Jóhannesson and two ex-bank chiefs in separate cases is a setback to attempts to seek convictions over Iceland’s 2008 collapse Source: Companies
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Why Universal Display Corporation Shares Lit Up Today

June 5, 2014 by Harry Joiner - Add Comment
Filed under: Investing Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on big changes — just in case they’re material to our investing thesis. What: Shares of Universal Display Corporation jumped more than 12% early Thursday after the OLED technologist announced a new $50 million share repurchase program. So what: This authorization is seen as a significant vote of confidence in Universal Display’s long-term story, and allows the company to reabsorb shares of common stock at its discretion during the next 12 months. It [...]
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Tweeters lift World Cup sticker sales

June 5, 2014 by Harry Joiner - Add Comment
Social media is coming to the rescue of those enthusiasts who are too old to swap in the playground Source: Management
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Tesla Motors, Inc. May Have Better Batteries in Its Pipeline

June 5, 2014 by Harry Joiner - Add Comment
Filed under: Investing Probably one of the most highly cited bear cases against Tesla‘s stock concerns the risk of the company’s Gigafactory. What happens, critics ask, if new technologies make the company’s current battery technology obsolete? Would the Gigafactory be a waste? Given Tesla’s smaller size than its larger rivals, critics argue that it does not have the scale to shift research and development spending and Gigafactory tooling to rapidly evolve. Is this argument legitimate? If the new technology comes from somewhere other than batteries, like hydrogen [...]
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How to raise a personable robot

June 5, 2014 by Harry Joiner - Add Comment
Heather Knight is trying to develop ‘charismatic machines’ that are easier for people to get on with Source: Management
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Halliburton's COO Speaks About the Changes He has Seen

June 5, 2014 by Harry Joiner - Add Comment
Filed under: Investing Halliburton  is a multinational company that offers energy industry products and services, from data to production output. The company was founded in 1919 and has a long history with the energy industry. In fact, Halliburton was the first company to frack a well in the United States over 60 years ago. Recently, current Halliburton COO and Executive VP Jeff Miller sat down with The Motley Fool’s own Taylor Muckerman to discuss the energy industry. In part one of this five-part interview, Miller talks about the history of Halliburton, which started fracking about [...]
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Should Investors Buy the Solar Underdogs?

June 5, 2014 by Harry Joiner - Add Comment
Filed under: Investing Everyone loves to root for the underdog. When an underdog wins, it’s a feel good story come true. It’s a testament to how hard work can translate to great results. In the stock market, every now and then, an underdog will win and become a sector leader.  But for every underdog that overcomes the odds and wins, there are many more that don’t. The stock market is basically a giant catch 22 where the winners keep winning while the losers keep losing. No matter how hard underdogs try, very few of [...]
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