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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

Europe's Push for a Recovery Lifts the Dow to Intraday High

June 5, 2014 by Harry Joiner - Add Comment
Filed under: Investing The Dow Jones Industrial Average has vaulted to a new intraday high today, up 102 points to 16,840 as of 2:30 p.m. EDT, buoyed by promising and much-anticipated news out of Europe that offers up new hope for the eurozone’s beleaguered economic recovery. All but a handful of the index’s blue-chip member stocks are in the green so far. However, UnitedHealth Group‘s stock has fallen 0.7% to the bottom of the Dow. Let’s catch up on what you need to know. Big changes hit Europe ECB President Mario Draghi. Read Full Article →

The AT&T-DirecTV Merger Could Be Doomed Unless the NFL Signs This Deal

June 5, 2014 by Harry Joiner - Add Comment
Filed under: Investing With the exclusive negotiation period between the NFL and DirecTV now over, the NFL has the power to shut down a $49 billion deal. AT&T (NYSE: T) and DirecTV CEOs Randall Stephenson and Mike White recently met with NFL Commissioner Roger Goodell to discuss why the proposed $49 billion deal is a win-win-win. The NFL’s veto power According to AT&T’s 8-K filing, which explains the proposed deal: The parties also have agreed that in the event that DIRECTV’s agreement for the “NFL Sunday Ticket” service is not renewed substantially on the [...]
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Boeing Lands Another 777 Order (and 13 Other Orders)

June 5, 2014 by Harry Joiner - Add Comment
Filed under: Investing Boeing released its latest report on airplane orders received — and canceled — through June 3 on Thursday. It looks like Boeing may be gaining some (small) momentum in the large-planes race as it added one order for a 777, plus orders for 13 737 jets. To date this year, the aerospace giant has booked: 439 gross orders for various flavors of its 737 regional airliner seven orders for the 777 airliner one 747 order one 787 order. Compared to last week, Boeing’s latest [...]
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Europe-US tussle over BNP escalates

June 4, 2014 by Harry Joiner - Add Comment
Rating agency puts French bank on ‘credit watch with negative implications’ amid a US investigation into alleged sanctions violations Source: Companies
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Tesco’s Clarke laments dismal trading

June 4, 2014 by Harry Joiner - Add Comment
Sales slowdown raises questions about retailer’s direction Source: Companies
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Barclays boss says more work to do to cut pay

June 4, 2014 by Harry Joiner - Add Comment
LONDON, June 4 (Reuters) – Barclays Chief Executive Antony Jenkins said he has more work to do to rein in pay levels and expects pressure from investors for banks to improve profitability to reduce compensation across the industry. Source: Financials
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London’s flotation exuberance wears thin

June 4, 2014 by Harry Joiner - Add Comment
Several 2014 main market IPOs in London are trading below their float prices. The retail sector accounts for most of these poorer performers Source: Companies
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CORRECTED-COLUMN-Can the low volatility bargain hold?: James Saft

June 4, 2014 by Harry Joiner - Add Comment
(In 12th paragraph, corrects name to The Jerome Levy Forecasting Center) Source: Financials
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German financier, indicted in US for fraud, freed in Italy -lawyer

June 4, 2014 by Harry Joiner - Add Comment
FLORENCE, Italy, June 4 (Reuters) – Hedge fund manager Florian Homm, arrested in Italy last year on U.S. fraud charges but still to face trial, has been released because the statutory limit for keeping him in prison expired, his lawyer said on Wednesday. Source: Financials
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Vodafone’s M-Pesa hold in Africa tested

June 4, 2014 by Harry Joiner - Add Comment
Millicom’s Tigo, Emirati Etisalat’s Zantel and India’s Bharti Airtel team to allow mobile money payments between their customers for the first time Source: Companies
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UPDATE 1-Britain convicts Madrid-based boiler room conmen

June 4, 2014 by Harry Joiner - Add Comment
LONDON, June 4 (Reuters) – Two men who tricked hundreds of British investors into buying inflated or worthless shares in a 70 million-pound ($120 million) “boiler-room” scam were convicted in a London court on Wednesday. Source: Financials
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Don't expect all-knowing BoE to eliminate bubble risks- policymaker

June 4, 2014 by Harry Joiner - Add Comment
* Says focus should be on keeping broader system resilient Source: Financials
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GM probe to shine harsh light

June 4, 2014 by Harry Joiner - Add Comment
Internal report led by a former US attorney is expected to blame the failure to recall faulty compact cars on the engineering and legal departments Source: Companies
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The managers who fear conflict

June 4, 2014 by Harry Joiner - Add Comment
Leaving a dispute unresolved can do damage to your career, that of your colleagues and the business itself Source: Management
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Review: A Social Strategy

June 4, 2014 by Harry Joiner - Add Comment
A study of the businesses that are getting social media right, because their stra­tegies ad­dress an unmet need Source: Management
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How to tame litter louts and bankers

June 4, 2014 by Harry Joiner - Add Comment
The only way to deal with errant bankers, and those who throw rubbish out of car windows, is to catch and punish them Source: Management
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The 2 Dumbest Things AT&T Inc. is Saying To Support the DIRECTV Deal

June 4, 2014 by Harry Joiner - Add Comment
Filed under: Investing AT&T wants to buy satellite TV vendor DIRECTV for $48.5 billion. Regulators are warily watching this proposed deal, and AT&T already has a history of failed megamergers. Being a Dow Jones blue chip with a $181 billion market cap has not guaranteed AT&T rubber-stamp approval of its biggest buyout bids. Today AT&T has a fresh Rule 425 filing on tap to support the satellite takeover. The Dow is trading blithely just in the green, but AT&T investors are backing away slowly as the telecom [...]
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Why Vanda Pharmaceuticals Inc. Shares Surged

June 4, 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 Vanda Pharmaceuticals , a biopharmaceutical company focused on developing therapies to treat schizophrenia and sleep disorders, surged as much as 25% after announcing that its non-24-sleep-wake disorder drug Hetlioz was accepted for marketing authorization evaluation by the European Medicines Agency. So what: According to Vanda’s press release, the EMA — what is essentially the Food [...]
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Fed Survey: Economy Improving Across the Nation

June 4, 2014 by Harry Joiner - Add Comment
Filed under: Economic Indicators, Unemployment Rate, Federal Reserve, Interest Rates, Investing Andrew Harrer/Bloomberg via Getty ImagesFederal Reserve Chair Janet Yellen By MARTIN CRUTSINGER WASHINGTON — A Federal Reserve survey shows the U.S. economy strengthening over the past two months in areas from manufacturing and construction to retail sales and bank lending. Seven of the Fed’s 12 regions — Boston, New York, Richmond, Chicago, Minneapolis, Dallas and [...]
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Why FuelCell Energy Inc's Shares Went Dark Today

June 4, 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 FuelCell Energy Inc , who makes fuel cells for large scale commercial applications, fell as much as 15% in early trading after reporting earnings. So what: Fiscal second quarter revenue fell 9.7% to $38.3 million and net loss more than doubled to $16.6 million, or $0.07 per share. Even after pulling out a derivative loss [...]
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Steam Machines Delayed: What It Means For Microsoft Corporation's PC Gaming Dominance

June 4, 2014 by Harry Joiner - Add Comment
Filed under: Investing One of the biggest developments in the world of gaming during the past year was the announcement of Valve’s Steam Machines — PCs running a new Linux-based operating system called SteamOS. Valve is known for game series such as Half Life and Portal, as well as the Steam PC gaming platform, and Steam Machines will be Valve’s attempt to unshackle PC gaming from Microsoft Windows. Valve’s unorthodox controller for the upcoming Steam Machines: Source: Valve Valve recently announced that its Steam Machines will be delayed, pushing the release back to sometime [...]
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Boards Unveil Implementation Plan for Revenue Recognition Rule

June 3, 2014 by Harry Joiner - Add Comment
Less than a week after rolling out a major new standard for how to recognize revenue in financial statements, the rulemakers are bracing themselves for implementation issues by forming a panel to field questions and problems as they arise. Source: Accounting and Auditing
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Paris trade talks threat over US BNP fine

June 3, 2014 by Harry Joiner - Add Comment
Foreign minister says such a large fine for alleged sanctions violations would be an ‘unfair and unilateral decision’ with ‘serious consequences’ Source: Companies
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UPDATE 2-Bitcoin entrepreneur settles SEC charges over stock sales

June 3, 2014 by Harry Joiner - Add Comment
June 3 (Reuters) – A well-known proponent of bitcoin, the electronic currency, agreed to pay nearly $51,000 to settle U.S. Securities and Exchange Commission civil charges he publicly offered unregistered shares in two Internet ventures, the regulator said on Tuesday. Source: Financials
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TABLE- Top-20 selling vehicles in U.S. in May

June 3, 2014 by Harry Joiner - Add Comment
June 3 (Reuters) – The following are the 20 top-selling vehicles in the U.S. in May as reported by the automakers and ranked by total units. Top 20 selling vehicles in U.S. in May RANK VEHICLE MAY 2014 MAY 2013 PCT CHNG 1 Ford F-Series P/U 68,520 71,604 -4.3 2 Toyota Camry 49,584 39,216 +26.4 3 Chevy Silverado-C/K P/U 46,648 43,283 +7.8 4 Honda Accord 39,637 33,218 +19.3 Read Full Article →

UPDATE 1-S&P suffers a defeat in U.S. states' lawsuits over ratings

June 3, 2014 by Harry Joiner - Add Comment
(Adds details from decision, comments, case citation, byline) Source: Financials
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UPDATE 2-Tullett's CEO Terry Smith could leave at end of month

June 3, 2014 by Harry Joiner - Add Comment
* Succession planning is “well-advanced” -company statement Source: Financials
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Fitch Affirms STAG Industrial, Inc.'s IDR at 'BBB-'; Outlook Positive

June 3, 2014 by Harry Joiner - Add Comment
(The following statement was released by the rating agency) NEW YORK, June 03 (Fitch) Fitch Ratings has affirmed its ratings for STAG Industrial, Inc. and its operating partnership STAG Industrial Operating Partnership, L.P. (hereafter STAG or the company) as follows: STAG Industrial, Inc. –Issuer Default Rating (IDR) at ‘BBB-‘; –$139 million preferred stock at ‘BB’. STAG Industrial Operating Partnership, L.P. –$200 million senior unsecured revolving credit facility at ‘BBB-‘; –$300 milli Read Full Article →

Icahn buys $50m of Fannie-Freddie stock

June 3, 2014 by Harry Joiner - Add Comment
Activist investor joins a list of star fund managers, including Bill Ackman and Bruce Berkowitz, betting on potential reform of the mortgage giants Source: Companies
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RBS clamps down on high-risk mortgages

June 3, 2014 by Harry Joiner - Add Comment
The new restrictions came as the Nationwide Building Society reported that average house prices exceeded the previous peak in 2007 for the first time Source: Companies
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Sydney offers sun, sea and enthusiasm

June 3, 2014 by Harry Joiner - Add Comment
Australia’s most cosmopolitan city and financial capital seems a natural home for founders as it packs in ease of access and of doing business Source: Management
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Recalls fail to dent GM sales growth

June 3, 2014 by Harry Joiner - Add Comment
The biggest US carmaker shrugged off bad publicity over its botched recall of vehicles to post US new car sales 12.6% ahead of last May’s levels Source: Companies
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Mobile plans to overtake world population

June 3, 2014 by Harry Joiner - Add Comment
Mobile plans have grown 7% year-on-year – although the strongest growth will be in connecting machines and appliances to the internet Source: Companies
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Disruptive influences in class

June 3, 2014 by Harry Joiner - Add Comment
Technologists in the US believe they are on the brink of starting a revolution in education, Source: Management
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New Factory Orders Hit Record High

June 3, 2014 by Harry Joiner - Add Comment
Filed under: Investing New orders for manufactured goods increased 0.7% to $499.8 billion for April, its highest level since data were first collected in 1992, according to a Department of Commerce report released today. After jumping an upwardly revised 1.5% for March, analysts had expected a smaller 0.5% boost. On the heels of yesterday’s positive Institute for Supply Management manufacturing report, this latest report serves as further evidence of a strengthening manufacturing sector. Source: Department of Commerce.  Diving deeper, new [...]
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What Hewlett-Packard Needs to Do for a Succesful Turnaround

June 3, 2014 by Harry Joiner - Add Comment
Filed under: Investing In the course of just a few years, Hewlett-Packard  has been to the brink of disaster and back again. Its shares sat near $40 three years ago, then sank all the way to $12 apiece before climbing back to current levels around $33 per share. HP was hit hard by its reliance on hardware, including personal computers and printers. It has obviously come a long way back, thanks to significant restructuring, but the company’s turnaround is not yet complete. HP’s underlying fundamentals have trailed its share price recovery. While it’s great [...]
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Fiat Chrysler's SUVs and Ram Pickups Power Big Sales Gains

June 3, 2014 by Harry Joiner - Add Comment
Filed under: Investing The handsome 2014 Dodge Durango SUV is winning fans: Sales were up 28% in May. Source: Fiat Chrysler. The Chrysler wing of Fiat Chrysler Automobiles said on Tuesday that its U.S. sales rose 17% in May, beating analyst estimates. Chrysler has now posted year-over-year sales gains for 50 months in a row, a remarkable winning streak made possible by dramatic improvements to many of the company’s key products. Better yet for FCA shareholders, May’s sales gains came with higher average transaction prices and decreased incentives, both of which should help second-quarter [...]
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Help in finding the ideal cleaner

June 3, 2014 by Harry Joiner - Add Comment
Venture capitalists are putting serious money behind entrepreneurs who are helping people find the right home help online Source: Management
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Should business people go to university?

June 3, 2014 by Harry Joiner - Add Comment
People who want to found and run companies should not feel obliged to study financial subjects – the worst failing is to be dull Source: Management
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In the Amazon/Hachette Fight, Wal-Mart and Barnes & Noble Could Be Winners

June 3, 2014 by Harry Joiner - Add Comment
Filed under: Investing Wal-Mart  and Barnes & Noble have moved quickly to attempt to capitalize on a dispute between Amazon  and publisher Hachette Book Group. The disagreement over pricing and profit margins for e-books has led to long delivery times for some Hachette titles sold on Amazon. It has also led the online retailer to stop taking pre-orders for books from the publisher. Instead Amazon takes orders on the day the title is released. That’s important because pre-orders typically arrive on release day, removing what could be an advantage for traditional brick and mortar retailers. Both Wal-Mart and Barnes [...]
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Investing for Beginners: 3 Must-Know Tips to Avoid Silly Mistakes

June 3, 2014 by Harry Joiner - Add Comment
Filed under: Investing Investing is one of the most important things you’ll ever do with your money, but for beginners it can be an intimidating process. Still, the basics of investing for beginners aren’t as complicated as you might think. By following a few simple tips designed to make investing beginners feel more comfortable with their entry into the world of investments, you can get a leg up on your peers and create a strong foundation for the rest of your investing career. Source: 401(k) 2013. 1. Find the right partner One of the [...]
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Converged Rev-Rec Standard Brings Consistency, Changes for All

June 3, 2014 by Harry Joiner - Add Comment
The Financial Accounting Standards Board and the International Accounting Standards Board capped off more than a decade of research, consultation, and deliberation with the final publication of a new standard for how all companies must recognize revenue. The standard brings consistency to revenue accounting. “Regulators will have the ability to look across a broad swath of companies and really be able to compare, contrast, and call out companies,” says Joel Osnoss, a partner at Deloitte. Source: Accounting and Auditing
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UPDATE 4-Valeant, Pershing prepare to go hostile in Allergan bid

June 2, 2014 by Harry Joiner - Add Comment
(Recasts, updates share movement) By Rod Nickel and Ransdell Pierson June 2 (Reuters) – Valeant Pharmaceuticals Inc on Monday prepared to take its $53.8 billion takeover bid for Allergan Inc directly to the Botox maker’s shareholders in a battle that could last late into the year. The fight escalated when Valeant ally Pershing Square, a hedge fund that owns 9.7 percent of Allergan, called for a meeting to replace the company’s board. Pershing Square Chief Executive Officer Bill A Read Full Article →

UPDATE 1-Massachusetts sues Fannie, Freddie over foreclosure policy

June 2, 2014 by Harry Joiner - Add Comment
BOSTON, June 2 (Reuters) – Massachusetts on Monday filed a lawsuit against mortgage finance giants Fannie Mae and Freddie Mac, accusing them of violating state law by blocking “foreclosure buyback programs” intended to help poor residents keep their homes. Source: Financials
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Tullett in talks on Smith successor

June 2, 2014 by Harry Joiner - Add Comment
Ex-Nomura executive John Phizackerley is leading contender to head the UK interdealer broker after a nine-month search by headhunters Spencer Stuart Source: Companies
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Retailers to ask US Supreme Court to hear 'swipe fee' case -counsel

June 2, 2014 by Harry Joiner - Add Comment
WASHINGTON, June 2 (Reuters) – A group of retail merchants will ask the U.S. Supreme Court to hear an appeal involving Federal Reserve rules that allow banks to charge debit card ‘swipe fees’ that retailers view as too high, an attorney for the merchants said on Monday. Source: Financials
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UPDATE 1-Club Med opens its books to Italian businessman

June 2, 2014 by Harry Joiner - Add Comment
PARIS, June 2 (Reuters) – The takeover battle for Club Mediterranee intensified on Monday after the French holiday resort operator agreed to open its books to a new potential bidder, Investindustrial, a fund led by Italian businessman Andrea Bonomi. Source: Financials
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Fitch: Smooth Ride to Continue for U.S. Equity REITs for Rest of 2014

June 2, 2014 by Harry Joiner - Add Comment
(The following statement was released by the rating agency) Link to Fitch Ratings’ Report: 2014 Midyear Outlook: U.S. Equity REITs http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=748688 NEW YORK, June 02 (Fitch) The first six months of 2014 have been smooth sailing for U.S. equity REITs, with little change likely for the second half of the year, according to Fitch Ratings in its 2014 midyear outlook report. Fitch expects U.S. equity REITs will continue to have strong acc Read Full Article →

KKR closes $510m equities hedge fund

June 2, 2014 by Harry Joiner - Add Comment
Latest failed hedge fund started by ex-Goldman prop traders comes three years after its launch as the buyout group cites the fund’s lack of scale Source: Companies
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UK watchdog to probe G4S Israeli contract

June 2, 2014 by Harry Joiner - Add Comment
G4S to be investigated by UK government-funded watchdog over its activities in Israel and the occupied Palestinian territories Source: Companies
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