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Business News

Location American Business News for 8 December 2014

SpiceJet: ghost from the past?

livemint.com - 8 Dec 2014 17:22
SpiceJet: ghost from the past? Worries about SpiceJet being the next Kingfisher have grown
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This Is How Fracking Works

The Huffington Post - 8 Dec 2014 07:00
This Is How Fracking Works Forget what they say about money; energy is LITERALLY what makes the world go round. And as science and technology have made extracting and utilizing energy more complex and efficient, finding new sources has become espe...
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Rupee return seen best in Asia as oil cuts deficit

livemint.com - 8 Dec 2014 17:24
Rupee return seen best in Asia as oil cuts deficit UBS estimates the shortfall in India's current-account will narrow to 0.2% of GDP in fiscal year ending March 2015 and be at 0.3% the following 12 months
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De-jargoned: Anchor tenant

livemint.com - 8 Dec 2014 15:11
De-jargoned: Anchor tenant It is also sometimes referred to as a traffic generator or magnet store
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Funds Added To AbbVie Positions

Forbes - 8 Dec 2014 22:02
At Holdings Channel, we have reviewed 3,603 13F filings for the 09/30/2014 reporting period, and looked at the various S&P 500 components held by each of these reporting hedge funds and other 13F filers. For each compone...
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BP plc (ADR) (BP) Layoffs Start As Falling Oil Prices Take Toll BP plc (ADR) (NYSE:BP) is planning to cut back employment in a number of its offices in light of plunging oil markets and the oil spill in the Gulf of Mexico. The official announcement is expected to be made Wednesday.
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Corporate tax avoidance is a bigger danger to company profits than many investors think, says Merryn Somerset Webb. The post Avoid the multinationals that fall foul of the ‘Google tax’ was first published on MoneyWee...
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Falling Oil Prices Spur Bets on Growth

Wall Street Journal - 8 Dec 2014 06:18
Many of the world's top policy makers are rewriting their economic forecasts for the U.S., Europe, Japan and elsewhere, betting plummeting oil prices will lead to an overall boost in the global economy.
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(Reuters) - Credit Suisse AG is considering scaling down its prime brokerage business as part of already announced efforts to reduce risk in its investment banking division, a person familiar with the matter told Reuters...
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Seahawks Player Rips Mark Sanchez After Blowout Win

Business Insider - 8 Dec 2014 18:40
Seahawks Player Rips Mark Sanchez After Blowout Win The Seattle Seahawks had another impressive defensive performance Sunday afternoon, beating the Philadelphia Eagles 24-14. The Eagles came into the game fifth in the NFL in yards per game, but Seattle limited them to onl...
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(Reuters) - The European Union has drawn up a list of almost 2,000 projects worth 1.3 trillion euros (1.02 trillion pounds) as potential candidates for an investment plan aimed to revive the continent's stagnating econom...
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Chicago wants to help you upgrade your drafty apartment

Chicago Tribune - 8 Dec 2014 17:42
Chicago wants to help you upgrade your drafty apartment If the heat in your apartment is flying out the window, Chicago wants to help.
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Will Pfizer Inc End Up Buying Bristol-Myers Squibb As Its Interest In AstraZeneca Fades? Mergers and acquisitions (M&A)-related activity in the healthcare sector this year appears to be never-ending. Word on the Street now is that Pfizer Inc. (NYSE:PFE) may be looking into acquiring its New York-based neighb...
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McDonald's Corporation: Struggle To Pull In Customer Traffic Continues McDonald's Corporation (NYSE:MCD) stock is down 3.38% in the first hour of trading today, following the release of weak comparable sales (comps) for November, which declined 2.2%. Investors were hoping that the fast-food...
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Warren Buffett becomes world's 2nd-richest man

Market Watch - 8 Dec 2014 18:24
Warren Buffett becomes the world's second-richest man after shares of Berkshire Hathaway hit a record high on Friday.
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Government Internet Censorship Isn't Just Ineffective: Here's Proof It Backfires Horribly We can thank Barbra Streisand. Singer Barbra Streisand and the governments of Turkey and Pakistan have little in common. But there is one thing: All have tried to censor the Internet, and all have failed miserably. Read ...
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Somerville Mayor Joe Curtatone has never been too fond of the state's expanded gambling plans.
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The Person Whose Drone Nearly Hit An Airbus At Heathrow Risked £500,000 In Fines A mystery drone nearly collided with a commercial passenger jet at Heathrow yesterday. The Civil Aviation Authority (CAA) gave the incident an "A" rating, the BBC says, which means there was a "serious risk of collision"...
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See Which 11 Guru Fund Managers Hold Apple

Forbes - 8 Dec 2014 22:03
When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 3,603 13F filings for the 09/30/2014 reporting period, and noticed that Apple (NASD: AAPL) was held...
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Monday Sector Laggards: Energy, Technology & Communications Looking at the sectors faring worst as of midday Monday, shares of Energy companies are underperforming other sectors, showing a 4.6% loss. Within that group, Denbury Resources (NYSE: DNR) and ONEOK (NYSE: OKE) are two l...
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Monday Sector Leaders: Utilities, Financial In afternoon trading on Monday, Utilities stocks are the best performing sector, higher by 0.3%. Within that group, Ameren (NYSE: AEE) and Wisconsin Energy (NYSE: WEC) are two large stocks leading the way, showing a gain...
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U.S. stocks eased slightly Monday after Japanese and Chinese economic reports painted a mixed picture of the global economy. The modest decline follows Friday's stronger-than-expected U.S. jobs data that boosted the Dow ...
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