Judge: Apollo Tyres' Union Talk Didn't Breech Cooper Sale Deal Wall Street Journal The ruling sent Cooper Tire shares tumbling 11%, or $3.08, to $23.82 in 4 p.m. trading on Friday. The judge didn't rule on whether Cooper Tire can force Apollo to close the deal on its original $35-a-share terms. He said he would rule on that by Nov. 13. | |
Strengthening private sector fuels job gains USA TODAY A surprisingly strong report on October job growth Friday shows that the recovering private sector is increasingly shrugging off political stalemate in Washington, D.C., economists say. Despite the government's Oct. 1-16 partial shutdown, employers added ... | |
NV Energy won't pass sale costs on to customers Daily Journal LAS VEGAS — NV Energy Inc. has abandoned its plan to charge customers for part of the price of its acquisition by a subsidiary of Warren Buffett's Berkshire Hathaway. The company announced Friday that it had proposed a settlement with the state Public ... | |
Is Silicon Valley Arrogant? Not by My Definition Bloomberg The tech world is all atwitter over accusations of arrogance. In an essay in the Wall Street Journal headlined "Silicon Valley Has an Arrogance Problem," Farhad Manjoo decried the industry's "superiority complex" and wrote: "For Silicon Valley's own sake, the ... | |
US STOCKS-Wall St edges up after strong payrolls data Reuters ... Print. * October payrolls well above expectations. * Santarus jumps on buyout deal. * Disney falls after earnings. * Indexes up: Dow 0.10 pct, S&P 0.21 pct, Nasdaq 0.51 pct. By Chuck Mikolajczak. NEW YORK, Nov 8 (Reuters) - U.S. stocks rose on Friday, ... | |
Batista Shipbuilder OSX to Request Bankruptcy Protection Bloomberg OSX Brasil SA (OSXB3), the startup that former billionaire Eike Batista listed in 2010 with the aim of becoming the largest shipbuilder in the Americas, is following its main client into bankruptcy protection. OSX's board approved a so-called judicial recovery ... | |
Harvard Swap Toll Tops $1.25 Billion as Agreements Exited Bloomberg Harvard University, the world's richest college, lost $345.3 million terminating interest-rate swaps last year, bringing its cost of unwinding debt derivatives since 2008 to more than $1.25 billion. Harvard made the most recent payments to exit derivatives linked ... | |
Venezuela's Maduro Orders Occupation of Electronics Store Bloomberg Venezuelan President Nicolas Maduro today ordered the occupation of a national chain of electronic stores called Daka as he seeks to battle record inflation and shortages of consumer goods. Maduro, who said he's taking action against price speculators ... | |
Treasury yields jolt higher on jobs report MarketWatch NEW YORK (MarketWatch) — A robust jobs report caught the Treasury market by surprise, sending benchmark yields sharply higher as investors pulled forward expectations of when the Federal Reserve could start scaling back its bond purchase program. | |
Times: In 'Perverse Twist' Disappearing Medicaid Subsidies May Land Hospitals ... Boise Weekly Lost in the drama swirling around the technical snafus that have plagued the Affordable Care Act's online marketplace, a bigger problem threatens the already-fragile safety net which holds many of the nation's most vulnerable populations. A critical subsidy ... | |
US close: Stocks surge despite increased taper speculation IFA Magazine US markets delivered a strong performance on Friday despite a stronger-than-expected jobs report increasing speculation surrounding the tapering of quantitative easing by the Federal Reserve. The Dow Jones Industrial Average set a fresh all-time high of ... | |
Will Twitter Join the 100% Gainers Club? NASDAQ The IPO market, once left for dead, is now back! As of last month, we've seen the most IPO activity since 2007 when 33 companies went public. Year-to-date, the number of IPOs stands at 190, well ahead of this time last year. Let's focus on the 100% IPO ... | |
Biz Break: Twitter declines as other Silicon Valley companies line up for IPOs Vallejo Times-Herald Today: Reports signal some of Silicon Valley's most prominent private companies will follow Twitter to Wall Street. Also: Wall Street breaks more records, but Tesla continues to struggle. The Lead: Twitter falls as other companies look to jump into IPO market. | |
Peru Central Bank Surprises With Rate Cut Wall Street Journal (blog) No one expected the Central Reserve Bank of Peru to cut its reference interest rate, or at least if they did expect one they were keeping quiet about it. But that is just what the central bank did late Thursday — cut its policy rate by 25 basis points to 4.0%, the first ... | |
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