Book excerpt: An excerpt from Ashlee Vance’s Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future. (Bloomberg)
Comcast announced Friday that its merger agreement with Time Warner Cable and its related transactions agreement with Charter Communications, Inc. have been terminated. The merger, which would have made the combined entity the largest pay-TV operator in the U.S., had garnered a lot of negative attention since it was announced in February of 2014. Show More Summary
Ray Dalio’s world view Fareed talks to Ray Dalio, founder of the largest hedge fund, about his success and his views on the global economy. Click for the video. Source: CNN
Bloomberg: Greece Just Clipped Varoufakis’s Wings. (video) Greece reshuffled its bailout-negotiating team, reining in Finance Minister Yanis Varoufakis, after three months of talks with creditors failed to unlock aid and a meeting with his euro-area counterparts ended in acrimony. Show More Summary
British Vogue’s Suzy Menkes interview Jony Ive and Marc Newson regarfing Apple Watch and latest fashion trendsn
The dude is named Dimitri Reeves. Nothing like a Michael Jackon impersonation with six pack abs to get Baltimore to come together. Dimitri Reeves is getting his 15 minutes of fame in spades right now. Dimitri Reeves (link to his site)...Show More Summary
Twitter (TWTR) shares are down $2.86, or 5.6%, at $48.81, after what appeared to be a possible leak of the company’s Q1 results a short while ago. Twitter has been expected to report after market close today. The Twitter investor relations tweet handle — @twitterir — is showing no actual announcement, and A firm named Selerity, [...]
Broad Equity Market Tone: Advance/Decline Line: Modestly Higher Sector Performance: Mixed Volume: Around Average Market Leading Stocks: Performing In Line Equity Investor Angst: Volatility(VIX) 12.95 -1.30% Euro/Yen Carry Return Index...Show More Summary
The Patriarch Partners chief is taking her fight versus the Securities and Exchange Commission to the next, photoshopped level.
Investors are pumping money into the PIIGS. Money flows into exchange-traded funds tied to Europe’s periphery — Portugal, Ireland, Italy, Greece, and Spain – are positive in April while money has left “core” countries like Germany and France, according to data firm Markit. That’s the first such occurrence since July 2014, Markit says, counting both [...]
Time Warner will report its Q1 2015 earnings on April 29th. CNN posted double-digit ratings growth in the first quarter while other Turner networks also saw ratings momentum with NCAA Tournament coverage. This should aid Time Warner's Q1 earnings. Show More Summary
Vale, the world’s largest iron ore mining company, will announce its first quarter earnings results and conduct a conference call with analysts on Thursday, April 30. We expect lower iron ore prices in Q1 2015, as compared to the corresponding period of 2014, to negatively impact the company’s quarterly results. Show More Summary
Deutsche Bank announced sweeping organization-wide changes aimed at cutting costs, improving profitability and ensuring a sustainable business model – putting an end to months of speculation about the future of the German bank. The bank...Show More Summary
Until less than a decade ago, there was no real need to address the forty-year ban on exporting crude oil from the United States. Over the 38 years to 2008, the country had seen an average annual
Apparently everyone gets paid at Citi but Vikram.
Shares of touch-sensor technology maker Uni-Pixel (UNXL) are down $2.06, or 35%, at $3.77, adding to last night’s losses, after the company said it terminated a joint venture with Eastman Kodak (EK) that had been the highlight of its fledgling production efforts. The company did, however, reiterate an outlook for $10 million in revenue this [...]
Multi-month sideways trends in currencies, oil, stock indices and many commodity markets are destined to continue for another couple days as we await Wednesday (29th) for 1st quarter GDP results. Consensus for the US...
If this is gonna work, the TLC is gonna need like something real nice to show her mom.