Blog Profile / Business Insider: Money Game

Filed Under:Business & Finance
Posts on Regator:41069
Posts / Week:123.1
Archived Since:February 11, 2009

Blog Post Archive

Aero-engine makers seek boost from major Airbus China deal

By Tim Hepher PARIS (Reuters) - After Airbus's success it was the turn of engine makers to seek a boost from China's spending power on Tuesday as a major plane order generates lucrative follow-on opportunities. China placed a order for...Show More Summary

Big U.S. investors expect Greeks to vote in favor of bailout: Reuters Poll

By Tariro Mzezewa and Ross Kerber (Reuters) - U.S. investors expect Greek citizens to back a cash-for-reforms deal proposed by the nation's creditors in a July 5 referendum, according to a Reuters poll conducted this week. Reuters spoke to large U.S. Show More Summary

A JPMorgan banker explains how he survived a vicious shark attack in North Carolina last Friday

Patrick Thornton, a 47-year-old banker from Charlotte, North Carolina, explained how he survived a vicious shark attack on Friday in the Outer Banks. In a telephone interview from his hospital room on Monday, Thornton told The Virginia-Pilot that was playing in waist-deep water at Avon with his 8-year-old son Jack around 11:30 a.m. Show More Summary

Macy's cuts ties with Donald Trump after Mexico insults

(Reuters) - Department store Macy's Inc said on Wednesday that it would end its business relationship with real estate developer and TV personality Donald Trump after his comments insulting Mexicans, including phasing out the Trump line of menswear. Show More Summary

Greece isn't panicking about capital controls because millions of people are already too poor for it to matter

ATHENS, Greece — Capital controls and bank closures have made headlines around the world this week — but there actually seems to be relatively little panic on the streets in Greece. In fact, the lines for banks seem to be getting shorter, if anything. Show More Summary

US oil inventories climb for the first time in 9 weeks (USO, WTI, OIL, VDE)

US crude oil inventories rose for the first time in nine weeks last week. According to the Energy Information Administration, commercial crude inventories rose by 2.4 million barrels last week. That brings the total number of barrels in storage to 465.4 million, still the highest level for this time of year in about 80 years. Show More Summary

35 things Canadians say that Americans don't understand

Wednesday, July 1st, is Canada Day. The holiday is essentially the Canadian version of America's Independence Day. Except we're not actually independent. So it's technically a celebration of our confederation as a country within the British Empire in 1867. Show More Summary

Investors in different parts of the US favor different types of stocks

Openfolio, an app that allows people to share investment portfolios, compiled data from its more than 40,000 subscribers and found some surprising regional bias in people's stock-picking preferences. The company examined the top 2,000...Show More Summary

Fed's Brainard says Fed examining possible drop in market liquidity

WASHINGTON (Reuters) - The U.S. Federal Reserve has launched a study to see if U.S. Treasury markets are being hampered by a lack of liquidity, an issue some investors and others have cited as a potential risk to financial stability, Fed board member Lael Brainard said on Wednesday. Show More Summary

LIVE: US auto sales (F, GM, TM, FCAU)

The big US auto manufacturers are announcing their sales numbers for June throughout the day. Analysts estimate that they sold vehicles at an annualized rate of 17.2 million, down from 17.71 million in May according to Bloomberg. In April, Ford, Fiat Chrysler, Toyota, and Nissan all reported growth but missed expectations. Show More Summary

Futures rise as Greece makes new bid for bailout deal

By Sweta Singh (Reuters) - U.S. futures rose on Wednesday after Greek Prime Minister Alexis Tsipras signaled he was prepared to accept most of creditors' bailout terms with some modifications. Greece on Tuesday defaulted on a 1.6 billion euro repayment to the International Monetary Fund. Show More Summary

A new poll has good news for 'humble front-runner' Jeb Bush

A new CNN poll of the 2016 presidential race has former Florida Gov. Jeb Bush (R) "rising nationally," the news station reported Wednesday. Bush holds 19% of the vote among Republican voters — which is up 13% from May, according to CNN. Show More Summary

It's a $28.3 billion insurance mega deal (ACE, CB)

Insurance provider Ace Limited is buying Chubb in a $28.3 billion deal, it announced on Wednesday. The boards of both companies have agreed to the deal that will see Chubb shareholders receive $62.93 per share in cash and 0.6019 in Ace shares. Show More Summary

REPORT: Greece will accept most creditor terms

LONDON (Reuters) - Greek Prime Minister Alexis Tsipras is prepared to accept creditors' demands for a bailout with only a few minor changes according to a letter sent Tuesday night, the Financial Times first reported. The news comesShow More Summary

Euro zone factory growth stutters as China, Japan heals

By Jonathan Cable and Ian Chua (Reuters) - Asia's largest economies showed hints of healing last month but euro zone factory growth remained tepid as Greek debt talks, and the country's possible departure from the bloc, dominated debate in Europe. Show More Summary

China and Japan show hints of healing, rest of Asia still struggling

By Ian Chua SYDNEY (Reuters) - Growth in China's services sector picked up in June while big Japanese companies planned to ramp up spending at the fastest pace in a decade, offering hope that prospects are improving for Asia's largest economies despite sluggish factory growth. Show More Summary

Virgin Atlantic to cut 500 jobs: WSJ report

(Reuters) - Virgin Atlantic Airways Ltd [VA.UL], owned by its British billionaire founder Richard Branson, is cutting about 500 jobs as it seeks to reduce costs and improve its financial resilience, the Wall Street Journal reported.Show More Summary

Nike outlines Chairman Knight's succession plan

(Reuters) - Nike Inc, the world's biggest sports shoe company, said it had started a succession plan for Chairman Phil Knight and said he would transfer his ownership in the company to Swoosh, a limited liability company. Knight said he recommended current CEO Mark Parker to succeed him as chairman, expectedly in 2016. Show More Summary

GE Capital CEO sees asset sale pace speeding up in third quarter

By Lewis Krauskopf (Reuters) - The head of General Electric Co's finance unit said Tuesday he expects the pace of GE Capital asset sales will accelerate in the third quarter as the U.S. conglomerate eyes unloading an even bigger chunk of assets. Show More Summary

Greece has no good options left

ATHENS, GREECE — On Tuesday, two major things happen in Greece — the country's current bailout programme runs out, and it owes €1.5 billion ($1.67 billion, £1.07 billion) that it almost certainly doesn't have to the International Monetary Fund (IMF). Show More Summary

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