Market News
Even Jay-Z Can't Help Bond Sale
Wall Street Journal - 15 Jun 2013 04:37
Jay Z's star power didn't extend to his involvement with Iconix Brand Group's bond offering. The company paid a higher-than-marketed 4.375% to sell $275 million of securities, as investors edge back from riskier assets.
Pedrosa outclasses rivals at Montmelo
CNN - 15 Jun 2013 18:23
Championship leader Dani Pedrosa will be hard to stop at the Catalunya Grand Prix after his record lap in qualifying.
A lesson from the Fed about the pitfalls of easy money
Telegraph - 15 Jun 2013 16:27
Ben Bernanke looks like a man who chooses his words carefully.
Jeremy Warner predicts house prices, stock markets and the pound
Telegraph - 15 Jun 2013 08:15
What does the future hold for the five main asset classes - sovereign bonds, equities, property, commodities and the currency itself, sterling?
In Japan, Aversion to Mergers Runs Deep
Wall Street Journal - 15 Jun 2013 04:59
A failed attempt to merge Kawasaki and Mitsui's shipbuilding arms shows the difficulties Prime Minister Abe faces in convincing staunchly independent Japanese firms they need to consolidate to spur growth.
Outsiders Grab Control of Morgans Hotel Board
Wall Street Journal - 15 Jun 2013 00:58
Dissident shareholder OTK Associates gained control of Morgans Hotel Group Corp.'s board Friday, likely reducing the chances the trendy hotel operator will sell itself.