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Updated: 33 min 16 sec ago

Carl Icahn Reveals Gannett Stake, Breakup Support - Forbes

Thu, 08/14/2014 - 6:28pm

Forbes

Carl Icahn Reveals Gannett Stake, Breakup Support
Forbes
The document shows that the billionaire activist investor began acquiring shares of the company in mid-June, with the intention of splitting its assets — which include USA Today, CareerBuilder and 23 television stations — into two distinct properties.
Carl Icahn Takes New Stake In Gannett, Holds Apple StakeBusiness Insider

all 20 news articles »

UPDATE 1-US-based high-yield bond funds attract $680 mln, first inflows in 5 ... - Reuters

Thu, 08/14/2014 - 6:22pm

UPDATE 1-US-based high-yield bond funds attract $680 mln, first inflows in 5 ...
Reuters
(Adds additional flows, analyst comments, table) By Sam Forgione NEW YORK, Aug 14 (Reuters) - Investors in U.S.-based funds committed $680 million in new cash to high-yield junk bond funds in the week ended Aug. 13 on reduced concerns of both ...
Investors Pour $680 Million Into US Junk Bonds in Latest WeekWall Street Journal
U.S. Junk-Bond Funds Get $680 Million Weekly Inflow, Lipper SaysBloomberg
Worries are rising about whether lower liquidity in bond markets will accelerate ...Fox Business
Washington Post -New York Times
all 33 news articles »

SINA Reports Profit In Q2 - Quick Facts - NASDAQ

Thu, 08/14/2014 - 5:31pm

Yahoo!7 News

SINA Reports Profit In Q2 - Quick Facts
NASDAQ
(RTTNews.com) - SINA Corp. ( SINA ) reported second-quarter net income attributable to company of $16.6 million, compared to a net loss of $11.5 million, last year. Net income per share was $0.25, compared to a loss per share of $0.17. Non-GAAP net ...
Sina Q2 Revenue Up 19 Percent on Weibo Unit, Ad SalesRe/code
Weibo Corporation (WB) Announces Quarterly Earnings, Meets ExpectationsWKRB News
Weibo second-quarter revenue doubles as ad sales jumpReuters
MarketWatch -MSN Money
all 32 news articles »

Coca-Cola Buys Stake In Monster Beverage For $2 Billion - Forbes

Thu, 08/14/2014 - 5:26pm

Forbes

Coca-Cola Buys Stake In Monster Beverage For $2 Billion
Forbes
Rodney Sacks, CEO of Monster Beverage. The Coca-Cola Company will take a 16.7% stake in Monster, the companies announced Thursday afternoon. Coca-Cola Coca-Cola is hungry for even more caffeine: six months after announcing it would acquire ...
Coca-Cola nabs a Monster. Monster BeverageUSA TODAY
The Coca-Cola Company and Monster Beverage Corporation Enter into Long ...MarketWatch
Coke to Buy Stake in Monster Beverage for $2.15 BillionNew York Times
TIME -Los Angeles Times -Fortune
all 29 news articles »

IRS failed to do background checks on contractors - WKRC TV Cincinnati

Thu, 08/14/2014 - 5:21pm

WKRC TV Cincinnati

IRS failed to do background checks on contractors
WKRC TV Cincinnati
WASHINGTON (AP) -- The IRS failed to do background checks on some private contractors who handled confidential taxpayer information, exposing more than a million taxpayers to an increased risk of fraud and identity theft, a government investigator said ...
IRS Contractors Had Access to Sensitive Taxpayer Info despite Lack of ...Accounting Today
Telephone Tax Scam Continues to Rear Its Ugly HeadAccountingweb.com
Tax-fraud phone scams con taxpayers out of a staggering 5 million Mylan exec ...Politico
Washington Times
all 74 news articles »

Chiquita Rejects Unsolicited Offer and Will Proceed With Inversion - New York Times

Thu, 08/14/2014 - 5:01pm

New York Times

Chiquita Rejects Unsolicited Offer and Will Proceed With Inversion
New York Times
Photo. Chiquita said it would not engage in deal negotiations.Credit Amy Sancetta/Associated Press. Chiquita Brands International, the big banana producer, on Thursday rejected an unexpected takeover offer and said it planned to go ahead with its ...
Chiquita Rejects Cutrale-Safra Offer in Favor of FyffesBusinessweek
Chiquita Rejects Takeover Offer from Brazilian CompaniesWall Street Journal
Chiquita Brands rejects Cutrale-Safra bidReuters
seattlepi.com -MarketWatch
all 34 news articles »Google News

JCPenney earnings enthuses Wall Street - USA TODAY

Thu, 08/14/2014 - 4:43pm

USA TODAY

JCPenney earnings enthuses Wall Street
USA TODAY
J.C.Penney renewed hope Thursday that its turnaround is gaining momentum after the troubled department store chain posted second-quarter results that exceeded Wall Street estimates. Penney reported same-store second-quarter sales rose 6% and ...
JC Penney Posts Narrower 2Q Loss, Sales RiseABC News
JC Penney turnaround continues apace as shoppers begin to returnFortune
JC Penney Reports Positive Same Store Sales For Third Quarter In A RowForbes
TheStreet.com -MarketWatch -Businessweek
all 85 news articles »

General Electric in Talks to Sell Appliance Business - New York Times

Thu, 08/14/2014 - 4:37pm

New York Times

General Electric in Talks to Sell Appliance Business
New York Times
Photo. A G.E. worker performing tests on a refrigerator at a company plant in Louisville, Ky.Credit Angela Shoemaker for The New York Times. Updated, 4:08 p.m. | General Electric is holding discussions about the sale of its appliances business, one of the ...
Electrolux in talks with GE over sale of appliances businessFinancial Times
GE in Talks to Sell Historic Appliance DivisionABC News
A Quirky Bid for GE's Home Appliances in More Ways Than OneBloomberg
Wall Street Journal -USA TODAY -Baltimore Sun
all 109 news articles »

Peer-to-Peer Lending Poised for More Growth: Fed - Credit Union Times

Thu, 08/14/2014 - 2:30pm

Credit Union Times

Peer-to-Peer Lending Poised for More Growth: Fed
Credit Union Times
Eight years after a lending model that matches individual borrowers with investors started in the United States, growth for peer-to-peer lending is likely to continue for some time. According to a new paper from the Federal Reserve Bank of Cleveland, ...
Household Debt Declines in Second QuarterACA International
New auto loans climb to 8-year highUSA TODAY
NY Fed: US Auto Loans Soar to Highest in 8 YearsABC News
Bellingham Herald
all 57 news articles »Google News

Emerging Stocks Gain 4th Day as Putin Remarks Ease Ukraine Risk - Businessweek

Thu, 08/14/2014 - 2:00pm

Economic Times

Emerging Stocks Gain 4th Day as Putin Remarks Ease Ukraine Risk
Businessweek
Emerging-market stocks climbed for a fourth day as President Vladimir Putin said Russia will do all it can to end the Ukraine conflict, spurring speculation tension will ease. The ruble and South Korean won advanced. OAO Mobile TeleSystems, Russia's ...
Global stocks up on Putin comments, bond yields fallReuters
Micex Rises With Ruble After Putin Speech: Russia Reality CheckBloomberg
Europe stocks gain after Putin strikes dovish toneMarketWatch
MSN Money -The Moscow Times -euronews
all 300 news articles »

Unemployment rate drops to 6.8 percent in Illinois in July, fifth straight monthly ... - Fox Business

Thu, 08/14/2014 - 1:55pm

KSPR

Unemployment rate drops to 6.8 percent in Illinois in July, fifth straight monthly ...
Fox Business
CHICAGO – The state Department of Employment Security says Illinois unemployment fell in July to 6.8 percent. It was the fifth straight monthly decrease in the state's jobless rate. The July figure represents a drop from 9.2 percent one year ago and marks the ...
Illinois unemployment rate drops to 6.8%Chicago Tribune
Minnesota sheds jobs; July unemployment at 4.5%Businessweek
RI unemployment rate ticks down to 7.7 percent; state gains 1200 jobsThe Providence Journal
New England Public Radio -NBC Chicago -Quad City Times
all 121 news articles »

Mortgage rates at low for year; 30-year averages 4.12% - Los Angeles Times

Thu, 08/14/2014 - 11:17am

mySanAntonio.com

Mortgage rates at low for year; 30-year averages 4.12%
Los Angeles Times
The cost of getting a home loan has slipped back to the lowest level of the year, with Freddie Mac pegging the average rate for a 30-year fixed mortgage early this week at 4.12% compared to last week's 4.14%. The average rate for a 15-year fixed-rate ...
Average US 30-Year Mortgage Rate at 4.12 PercentABC News
Fixed Mortgage Rates Edge LowerCNNMoney
Average US rate on 30-year mortgage slips to 4.12 percent; rate on 15-year loan ...Fox Business
NASDAQ
all 87 news articles »

Jobless claims jump to 6-week high, but remain relatively low - Los Angeles Times

Thu, 08/14/2014 - 11:14am

Chron.com

Jobless claims jump to 6-week high, but remain relatively low
Los Angeles Times
Military veterans search for work at a job fair in Chicago. (Scott Olson / Getty Images). By Andrew Khouri contact the reporter · Unemployment BenefitsJobs and WorkplaceUnemployment and LayoffsEconomic IndicatorUnemployment Rate. Jobless claims rose ...
Jobless claims at six-week highMarketWatch
Weekly Jobless Claims Up, But Trend Favors Strong Job MarketDailyFinance
US unemployment claims rise to six-week high of 311000The Plain Dealer - cleveland.com
Stixs News -USA TODAY
all 123 news articles »

US Stocks Open Higher Following Earnings News - ABC News

Thu, 08/14/2014 - 9:59am

US Stocks Open Higher Following Earnings News
ABC News
The U.S. stock market crept up in early trading following a mixed batch of corporate news. In Europe, investors brushed aside soft economic data to push markets modestly higher Thursday. KEEPING SCORE: As of 9:50 a.m. Eastern time, the Standard ...

and more »

Wal-Mart joins retail's miss parade as sales disappoint - CNBC

Thu, 08/14/2014 - 8:30am

Reuters

Wal-Mart joins retail's miss parade as sales disappoint
CNBC
Wal-Mart Stores reported Thursday a 2.8 percent rise in quarterly sales—helped by higher sales at its smaller-format stores and online shoppers. U.S. same-store sales were flat but Internet sales signaled a plus. The company's shares were down slightly in ...
Wal-Mart Sales, Health Costs Cut Profit ForecastBloomberg
Wal-Mart Cuts Profit Forecast Amid Slow Sales, Health CostsBusinessweek
Wal-Mart 2Q profit rises roughly 1 percentWashington Post
USA TODAY -MarketWatch -Reuters
all 39 news articles »

Has Buffett Lost His Touch? - Forbes

Thu, 08/14/2014 - 6:56am

Forbes

Has Buffett Lost His Touch?
Forbes
Warren Buffett may have moved the goal post, but that doesn't mean he is done winning. Amidst an overview of mergers and acquisitions, economic predictions, and investment musings, Warren Buffett snuck something else into his annual shareholder letter ...
Buffett's firm to file update on its US stocksYankton Daily Press

all 33 news articles »

German GDP Contracts as French Economy Stagnates - Wall Street Journal

Thu, 08/14/2014 - 5:06am

Wall Street Journal

German GDP Contracts as French Economy Stagnates
Wall Street Journal
Germany's economy contracted while France's stagnated in the second quarter, indicating the euro zone's yearlong recovery may have stalled, and likely pressuring policy makers to come up with some new ideas for boosting growth. The euro zone's largest ...
Weakness in Germany and France Highlights Fragility of Eurozone's RecoveryNew York Times
Eurozone Recovery Grinds to Halt Amid Ukraine FearABC News
Eurozone economy fails to grow in second quarterFinancial Times
Telegraph.co.uk -Economic Times -Reuters
all 112 news articles »

US indexes move higher; Amazon gains, Macy's drops - Boston Globe

Thu, 08/14/2014 - 3:04am

SFGate

US indexes move higher; Amazon gains, Macy's drops
Boston Globe
Continue reading below. A modest gain for the stock market tugged the Dow back into the black for the year to date as investors set aside worries about Ukraine, Iraq, and corporate earnings, at least for the day. Amazon led the gainers in light trading; ...
Update on the latest in business:KRGV
U.S. market indexes move higher; Amazon gainsThe Denver Post
Stocks up in 'resilient market'Jackson Clarion Ledger
Investorplace.com -New York Times
all 251 news articles »

S. Korea cuts key rate for 1st time in 15 months - Businessweek

Wed, 08/13/2014 - 11:33pm

Channel News Asia

S. Korea cuts key rate for 1st time in 15 months
Businessweek
SEOUL, South Korea (AP) — South Korea's central bank cut its key interest rate for the first time in 15 months on Thursday, providing support to an economy dragged down by the shock of a ferry sinking that killed hundreds of teenagers. The Bank of Korea ...
Korea Won Gains to Two-Week High After BOK Lowers Interest RateBloomberg
Bank of Korea cuts key rate for 1st in 15 monthsseattlepi.com
South Korea shares on track for fourth day of gains, won strengthensReuters
Financial Times -RTT News -Wall Street Journal
all 41 news articles »

Lenovo Working With Multiple US Agencies on IBM, Motorola: CEO - Bloomberg

Wed, 08/13/2014 - 11:25pm

Reuters

Lenovo Working With Multiple US Agencies on IBM, Motorola: CEO
Bloomberg
Lenovo Group Ltd. (992) Chief Executive Officer Yang Yuanqing said more negotiations are required with “multiple” U.S. government agencies as the Chinese company seeks approval for more than $5 billion in planned acquisitions. Lenovo still believes it ...
Lenovo's Q1 net profit jumps on strong smartphone salesCNET
Lenovo sells more smartphones than PCs, net profit up 23 percentPCWorld
Lenovo profit up 23 percent on mobile growthDaily American Online

all 27 news articles »

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