14 August, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Iraqi prime minister steps down
The Wall Street Journal: Iraqi prime minister steps down
Iraqi Prime Minister Nouri al-Maliki stepped down on Thursday night, according to Iraq’s official state television, backing down from his earlier pledges to fight for his job.
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14 August, 2014 by The TZ Newswire Staff Comments Off on Corn Rises 1%; Soybean, Wheat Also Post Gains
Corn Rises 1%; Soybean, Wheat Also Post Gains
Corn futures rose, capping the longest rally since February, after government data showed yields trailed estimates by analysts for crops in the U.S., the world’s top producer and exporter. Soybeans and wheat gained. On Aug. 12, the Department of Agriculture said that corn yields will average 167.4 bushels an acre, compared with 170.2 bushels predicted in a Bloomberg survey. As of Aug.
14 August, 2014 by The TZ Newswire Staff Comments Off on Icahn takes 6.6% stake in Gannett, aims to split it
Icahn takes 6.6% stake in Gannett, aims to split it
Carl Icahn has his sights set on splitting up Gannett Co.
14 August, 2014 by The TZ Newswire Staff Comments Off on After Hours: J.C. Penney jumps on results, Monster soars after hours
After Hours: J.C. Penney jumps on results, Monster soars after hours
J.C.
14 August, 2014 by The TZ Newswire Staff Comments Off on David Tepper Unwinds S&P, Nasdaq Calls; Liquidates QCOM, JPM; Adds To AAL, GM: Full 13F
David Tepper Unwinds S&P, Nasdaq Calls; Liquidates QCOM, JPM; Adds To AAL, GM: Full 13F
For everyone curious how the market’s favorite “balls to the wall” barometer did in the second quarter (which ended 45 days ago), here is the full breakdown.
First the notable liquidations: in the three months ended June 30, Tepper closed his SPY and QQQ Call positions, which had a total notional equivalent of over $1.5 billion, as well as liquidating his stakes in QCOM, JPM, Metlife, Trinity, Delphi, Hess, Valmont, Ingersoll-Rand, Omincom and Beazer.
Tepper entered new positions in Mohawk, Weatherford and Ryland Group.
14 August, 2014 by The TZ Newswire Staff Comments Off on Hang on, 4% on a CD? There must be a catch
Hang on, 4% on a CD? There must be a catch
When hedge-fund manager Todd Buchholz got a call from his mom about a CD that paid 4%, he was dubious. Here is their hilarious exchange.
14 August, 2014 by The TZ Newswire Staff Comments Off on NewsWatch: More quantitative easing to come?
NewsWatch: More quantitative easing to come?
Activity in the gold and bond markets suggests more easing beyond QE3, says L.A.