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Blog Profile / Business Insider: Money Game

Filed Under:Business & Finance
Posts on Regator:79947
Posts / Week:269
Archived Since:February 11, 2009

Blog Post Archive

Pimco's Mather Says Bond Investors Must Revise Return Expectations

BERLIN (Reuters) - Bond investors need to revise their expectations of the returns they can make in the years ahead, said Scott Mather, one of three Pimco managers who run the firm's Total Return Fund following the shock exit of co-founder Bill Gross last month. Show More Summary

Investors Gird For Scarier Days In Markets

By Caroline Valetkevitch NEW YORK (Reuters) - Volatility has suddenly returned to U.S. stocks, and for the first time all year it doesn't appear that the weakness in equities will go away quietly in the span of a few days. While theShow More Summary

GE Unit In Talks To Buy Milestone Aviation: WSJ

(Reuters) - General Electric Co's finance arm is in talks to buy Milestone Aviation Group Ltd, as the U.S. conglomerate looks to expand its aircraft-leasing operation into helicopters, The Wall Street Journal reported, citing people familiar with the matter. Show More Summary

Sears Holdings Detects Data Breach At Kmart Unit

(Reuters) - Retailer Sears Holdings Corp said the payment data system at its Kmart Holding Corp unit had been breached, and that certain debit and credit card numbers could have been compromised. Discount chain Kmart is investigating the breach. Show More Summary

The Dow Is Now In The Red For 2014

Friday's 115-point sell-off in the Dow Jones Industrial Average sent the 30-stock index into the red for the year. Closing at 16,544, the Dow is now below its Dec. 31, 2013 close of 16,576. Some market-watchers think this is just a brief blip in the 5-year old bull market. Show More Summary

Reliance Seeks Sale Of Eagle Ford Stake For Up To $4.5 Billion: Sources

By Mike Stone NEW YORK (Reuters) - India's Reliance Industries Ltd is seeking a buyer for its stake in the Eagle Ford Basin oil and natural gas joint venture with Pioneer Natural Resources Co, a sale that could raise up to $4.5 billion, according to people familiar with the matter. Show More Summary

Lawyers In Argentine Debt Dispute To Meet With Mediator Next Week

By Nate Raymond NEW YORK (Reuters) - A court-appointed mediator said Friday he would hold a meeting next week between lawyers for Argentina and creditors suing the country in a longstanding dispute over defaulted debt. Daniel Pollack,...Show More Summary

The 10 Best Cocktail Bars In New York City

You can go to any old New York bar to down a stiff drink, but if you're the kind of person that really wants to enjoy and savor a thoughtful cocktail, you'll need to look a little harder. With help from Yelp reviewers, we put together a list of the best cocktail bars in New York City. Show More Summary

Citi Explains The Scary Warning That Has Tech Stocks Everywhere Tumbling (SMH, MCHP, INTC, MU, FSL, TXN)

On Thursday night, Microchip CEO Steve Sanghi sounded the alarm on the semiconductor industry, saying that an "industry correction" has begun and will sweep across the sector in the coming quarters. Citi semiconductor analysts David Phipps and Ashish Nair explained in a brief paragraph in their latest note exactly what Sanghi is talking about. Show More Summary

I Went 'Dumpster Diving' And Was Stunned By How Much Good Food America Throws Away

“I had my qualms about diving, but once I got started, I knew I would never stop,” Robert Hernandez tells me before pulling a heavy black garbage bag up from the street curb. We’re in downtown Brooklyn in front of a Key Foods grocery store, and Hernandez is just getting started for the night. Show More Summary

Email Alias Of Former Fed Chair Bernanke Comes Out In AIG Trial

WASHINGTON (Reuters) - Of all the key government players involved in saving the U.S. economy from collapse back in the autumn of 2008, Edward Quince has hardly earned a mention. But at the trial of former American International Group CEO Hank Greenberg, Quince's name emerged in an email sent during the height of the crisis. Show More Summary

A Massive Chinese Property Company Just Canceled A Share Offering, And There Are Rumors The Chairman Is Missing

Trading in Agile Property Holdings, a $20 billion real estate development company in mainland China, has been suspended since Oct. 3rd, pending information about a share offering that was supposed to take place on Oct. 10th. On Thursday, the company announced that the $350 million share offering wouldn't take place at all. Show More Summary

Olive Garden Could Make These 8 Drastic Changes Soon

The activist hedge fund that published a 294-page manifesto against Olive Garden's menu and management last month just scored a huge victory. Olive Garden parent company Darden Restaurants, which had initially defended itself against Starboard Value's attacks, has decided to elect all of the hedge fund's nominees to its board. Show More Summary

Face Mask Company's Shares Are Exploding Higher (APT, TKMR, LAKE)

The red-hot Ebola trade has moved on to facemask industry. Alpha Pro Tech, a $100 million company that makes makes protective face masks and other protective products, is up over 25% today. O ver the last three days, shares have gained...Show More Summary

Blackstone Is Spinning Off Its Advisory Business

Blackstone is getting rid of its advisory business. The giant investment management firm announced today that it will spin off its financial and strategic advisory businesses. The spun-off parts of the business will merge with the independent...Show More Summary

German Stocks Are Getting Slammed

German stocks are getting slammed Friday morning. The DAX is down by more than 2% today, and down more than 10% since Sept. 19. Th index is now at its lowest in a year, h overing around 8,800. " Despite closing up last night somehowShow More Summary

Metro Exits Danish Wholesale Market

FRANKFURT (Reuters) - German retailer Metro is exiting the Danish cash and carry market by selling two stores and closing three others, it said on Friday. Two stores in Glostrup and Aarhus will be sold to food service company Euro Cater, safeguarding around 300 jobs, the company said in a statement. Show More Summary

The Eurozone Is Sliding Back Into A Crisis, And It's Going To Take The UK Down Too

British chancellor George Osborne has been warning the UK about the threat another eurozone recession poses to the UK. He told the BBC: "The eurozone risks slipping back into crisis. Britain cannot be immune to that. Indeed, it's already...Show More Summary

EU Watchdog To Publish Bank Stress Test Results On October 26

LONDON (Reuters) - The European Banking Authority said the results of a pan-European Union health check of 123 banks will be published at 1200 central European time (0700 EDT) on Oct. 26. The aim of the stress test is to help draw aShow More Summary


The global market plunge continues. Yesterday we saw the Dow give up more than 300 points, and markets again awash in a sea of red. France is down 1.6%. German shares are down over 2%. Hong Kong's Hang Seng fell nearly 2%, while Japan lost just over 1%. Show More Summary

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