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Business News

Location American Business News for 4 December 2015
American Tower Corporation (AMT) has declared its quarterly cash distribution of $0.49 per share on shares of the Company's common stock. The distribution is payable on January 13, 2016 to such stockholders of record at ...
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HMO giant Kaiser agrees to buy Washington state insurer Marking a major expansion, healthcare giant Kaiser Permanente has agreed to acquire a large insurer in Washington state. The nonprofit health system said Friday it was buying Seattle-based Group Health Cooperative, which...
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Mark Zuckerberg Responds To Skeptics, Elaborates On LLC Plan

The Huffington Post - 4 Dec 2015 08:07
Mark Zuckerberg Responds To Skeptics, Elaborates On LLC Plan After new parents Mark Zuckerberg and Priscilla Chan revealed their plans this week to give away 99 percent of their Facebook shares, a firestorm of controversy erupted. On the one hand, many people --  including Bill ...
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Jobs: Fed gets green light to hike rates

USA Today - 4 Dec 2015 18:26
Jobs: Fed gets green light to hike rates The Fed got exactly what it needed to push ahead with a rate hike in December: More jobs          
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GoPro: No Hero to Be Found Here

Wall Street Journal - 4 Dec 2015 22:42
Another price cut for the Hero4 Session may finally move some cameras, but GoPro investors are rightly concerned about next year.
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Bloomberg To Head Climate Risk Taskforce To Bring Greater Transparency For Investors Michael Bloomberg, the former mayor of New York and head of the Bloomberg news empire, is to chair a new Climate Disclosure Taskforce set up by the Financial Stability Board (FSB).
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Crude climbs ahead of OPEC meet as dollar slips back US crude was trading up 23 cents at $41.31 per barrel at 0343 GMT, while internationally traded Brent was up 19 cents at $44.03
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Gap sales fall 9% in November on poor showing by Banana Republic Consumers weren't spending at Gap brands last month as company struggles in apparel          
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Friday's ETF with Unusual Volume: BBRC

Forbes - 4 Dec 2015 23:07
The EGShares FTSE Beyond BRICs ETF (BBRC) is seeing unusually high volume in afternoon trading Friday, with over 493,000 shares traded versus three month average volume of about 64,000.  Shares of BBRC were up about 0.1...
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Futures extend gains after strong jobs data

Reuters - 4 Dec 2015 17:42
(Reuters) - U.S. stock futures extended gains on Friday after stronger-than-expected jobs data showed the economy was strengthening, building the case for an interest rate hike this month.
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How Will Growth In The Chinese Online Advertising Market Impact Sina? Online advertising comprises for nearly 30% of our valuation for Sina . Hence, the company will significantly benefit from rapid growth in the Chinese Internet advertising market, which is forecast to rise at over 28% an...
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South Korea's financial regulator said Friday it is investigating possible insider trading by Samsung executives related to a contentious takeover deal. …
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Univision Postpones IPO

Wall Street Journal - 4 Dec 2015 05:48
Univision postponed plans for a 2015 IPO due to the lackluster recent performance of media-company stocks and a sluggish market for first-time share sales.
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Macro Hedge Funds Caught Off Guard by ECB's Move

Wall Street Journal - 5 Dec 2015 01:54
Investors in hedge funds are bracing for losses after many funds trading macroeconomic themes were caught off guard by the European Central Bank on Thursday.
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What Is With This Chan Zuckerberg LLC Thing? Tax Geeks Speak Chan Zuckerberg Initiative LLC is now probably the most famous LLC ever. In case you have been hiding out for the last couple of days, I should tell you that CZI LLC is the vehicle that Mark Zuckerberg and Dr. Priscilla ...
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Liquid metal Turing Phone delayed to Q1 2016

Venture Beat - 5 Dec 2015 01:03
Liquid metal Turing Phone delayed to Q1 2016 The so-called Turing Phone, whose alleged tight security and all-liquid metal enclosure have earned it considerable buzz, has been delayed beyond its scheduled December 18 shipping deadline. According to an explanatory l...
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VC Reid Hoffman: Don't Worry About Frothy Startup Valuations Greylock Partners venture capitalist Reid Hoffman has slowed his investing as startup valuations have gotten frothy, but he doesn't think their recent deflation will cause a dot-com-style bust.
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Oil Slumps As OPEC Struggles To Define Its Own Production Quota Oil benchmarks dropped following a decision by Organization of Petroleum Exporting Countries (OPEC), to roll over its 'current' production quota, last set at 30m barrels of oil (bpd), at the conclusion of its oil ministe...
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This 5,389-square-foot inn at 19 North Main Street in Petersham has seven bedrooms and seven bathroom.
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This announcement means that Roku ? along with Amazon Fire, Xbox One, Android TV, Mac/PC and Android/iOS ? are all using the initial phase of the company?s new interface. On a separate note, freshman drama Chicago Med is...
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When Foreign Banks Ask For U.S. Taxpayer ID, How Should You Respond? FATCA letters are everywhere, and foreign banks want you to certify that you're complaint with the IRS. Here's what you should know.
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WASHINGTON, Dec 4
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