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Blog Profile / Business Insider: Money Game

Filed Under:Business & Finance
Posts on Regator:80591
Posts / Week:263.2
Archived Since:February 11, 2009

Blog Post Archive

Alstom Shareholders Back 12.35 Billion Euro Sale Of Power Arm To GE

PARIS (Reuters) - Alstom shareholders on Friday backed with 99.2 percent of votes the French engineering group's plan to sell most of its power equipment business to General Electric and refocus on its smaller rail arm. Alstom had said...Show More Summary

CHAOS IN RUSSIA: People Are Panic-Buying Furniture And Cars As Ruble Crashes

The collapse of the ruble has forced companies operating in Russia to undertake extreme measures in an effort to remain profitable as the cost of imports skyrockets. And Russians have responded by panic-buying. Fear over price hikesShow More Summary

Take Goldman Sachs' Christmas Crossword And Find Out How Well You Remember 2014

How well do you remember the most important financial and economic events of 2014? You've got the chance to find out now: Goldman Sachs' end-of-year crossword just came out, and it's great, again. Last year's effort by Goldman was described as "the nerdiest crossword puzzle of all time". Show More Summary

After A Horrible Year, 72-Year-Old Publicis Boss Maurice Lévy Said He Will DEFINITELY Retire Before 2020 (PUB)

Publicis Groupe chief Maurice Lévy, once described by Sir Martin Sorrell as the “Freddy Krueger” of the advertising industry because he continues to work in his demanding role right into his seventies (he’s 72-years-old), has admitted enough is enough. Show More Summary

Hawaiian Air Swap Takes Airbus A330neo Orders Over 100

PARIS (Reuters) - Hawaiian Airlines has confirmed an order for six Airbus A330-800neo aircraft worth $1.5 billion at list prices, swapping them for a previous A350 order, the planemaker said on Friday. The order for a revamped version...Show More Summary

JPMorgan Report To Outline Improved Controls: Activist

By Ross Kerber BOSTON (Reuters) - JPMorgan Chase & Co will soon issue a report outlining improved controls it has been enacting in the wake of recent missteps, including its role in the 2008 financial crisis, according to a shareholder activist who has seen a draft. Show More Summary

China 2013 GDP Revision Won't Affect Growth This Year

BEIJING (Reuters) - China has revised up the estimated size of its economy for 2013 by 3.4 percent to 58.8 trillion yuan ($9.5 trillion), the National Bureau of Statistics said on Friday, but said the revision will not affect economic growth this year. Show More Summary

U.S. To Sell Final $1.25 Billion Shares Of Ally Financial From Bailout

(Reuters) - The U.S. Treasury Department will sell its remaining 54.9 million shares of Ally Financial Inc acquired under the government's bailout of the auto lender, Ally said on Thursday. The stake is worth about $1.25 billion, based on Ally's Thursday closing price of $22.75 on the New York Stock Exchange. Show More Summary

Unilever Drops Mayonnaise Suit Against Just Mayo Maker

By Kanika Sikka (Reuters) - Unilever Plc's U.S. division said it has withdrawn its lawsuit against food startup Hampton Creek over false advertising and unfair competition related to its Just Mayo product. Unilever, famous for its mayonnaise...Show More Summary

Canada Unveils Plan To Auction Wireless Spectrum

TORONTO (Reuters) - The Canadian government unveiled a major update to its plan to allocate airwaves for mobile use on Thursday, and said an auction of high-frequency AWS-3 spectrum will begin on March 3, 2015. The government, eagerShow More Summary


For the second day in a row, stocks had their best day of the year. After a huge rally on Wednesday, stocks topped these gains on Thursday, with the Dow gaining more than 400 points and all of the major equity indexes adding more than 2%. Show More Summary

The $3 Billion Reason Why Oracle Is Nearing Its All-Time High (ORCL)

Oracle's stock is up more than 8% today to over $44, after the company reported better-than-expected sales and profits yesterday. That's the highest it's been in years and approaching its all-time high of $45.46 from July 2000, during the heady days of the Internet bubble. Show More Summary

Retailers Are Desperate To Get Cash-Strapped Americans To Spend This Holiday

Retailers are aggressively marking down merchandise in a bid to get customers this holiday. Major brands like Wal-Mart are offering far more bargains and promotions online this year than last, according to analysts at Deutsche Bank.Show More Summary

Saudi Arabia Can't Afford To Have Oil Prices This Low For Very Long (USO)

Saudi Arabia is playing it close to the chest. In a new note, RBC Capital Markets analyst Helima Croft takes a look at both the fiscal and external breakeven crude oil prices for counties across the Middle East. Fiscal breakeven is the...Show More Summary

7 Optical Illusions That Will Make You Look Twice

Things are not always what they seem. While most of the time our brain processes what our eyes see, there are instances when this powerful organ fails us. We selected a few optical illusions to test your perception of reality. Produced by Robert Libetti Follow BI Video: On Facebook Join the conversation about this story »

Crude Oil Is Rolling Over (USO)

Crude oil is starting to roll over. In late morning trade, West Texas Intermediate crude oil futures were giving up earlier gains and were down more than 1% on the day. WTI futures were down near $56 a barrel on Thursday, after briefly touching $59 a barrel earlier. Show More Summary

Wall Street Strategists Have Been Underestimating The Stock Market For Years

Wall Street's top stock market strategists have been publishing their predictions for 2015. While every strategist expects to see gains next year, most think those gains will be modest. However, Fundstrat's Tom Lee thinks that's a mistake. Show More Summary

Tesco's Financial Nightmare Is Even Worse Than Anyone Thought

It's been a rough year for British supermarket Tesco. In September, the company had to restate its profits after realising that it overestimated them by more than £250 million over a series of years. Shortly after, Tesco chairman Richard Broadbent quit. Show More Summary

Mercedes Recalls 4,871 Cars, SUVs In U.S. For Possible Oil Leak

DETROIT (Reuters) - Mercedes-Benz is recalling 4,871 sedans and SUVs in the United States because of a potential oil leak, according to documents filed with U.S. safety regulators. Daimler AG's Mercedes is recalling certain E-Class cars...Show More Summary

Seven Things We Think We Know After The Fed's Big Meeting

On Wednesday, the Federal Reserve made its final policy announcement of the year. In a note to clients following the Fed meeting, Bank of America Merrill Lynch Hans Mikkelsen has a simple breakdown of the seven things we know after Wednesday's big meeting: 15 of 17 FOMC members expect an initial rate hike in 2015. Show More Summary

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