The Traderszone Network

On Monday, the Obama administration took steps to make those so-called corporate inversion deals less attractive, but the Treasury Department’s move addressed only one of the two biggest drivers of such deals. 

In fact, Alibaba came in at #3. Find out which companies beat it.

Treasury Secretary Jacob J. Lew’s crackdown on inversions will get an immediate test as eight U.S. “This action will significantly diminish the ability of inverted companies to escape U.S. “For some companies considering deals, today’s action will mean that inversions no longer make economic sense.” The Treasury announcement heightened the tension between the government and companies considering obtaining a foreign address to lower their tax bills.

Christmas season retail hiring is expected to significantly outpace the level seen in 2013.

The assets most likely to benefit from the U.S. dollar’s march higher may not be stateside, with analysts looking to Europe and other regions.

Euro-area manufacturing and services growth unexpectedly slowed to the weakest pace this year, increasing pressure on the European Central Bank to add stimulus to the economy. Purchasing Managers Indexes for both industries fell and a composite gauge dropped to 52.3 in September from 52.5 in August, London-based Markit Economics said today. Economists in a Bloomberg survey predicted an unchanged reading. A manufacturing gauge for China published today rose.

The 2 and 20 fee structure that has richly rewarded hedge fund managers is under attack.
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