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News & Updates

May 8, 2015 3 Major Changes McDonald's New CEO Is Making to Save the Golden Arches

Source: The Street

In a pre-taped 23-minute video, and live presentation for Wall Street, new McDonald's (MCD - Get Report) CEO Steve Easterbrook laid out the future of the Golden Arches but also acknowledged it will take some time to turn the...

May 7, 2015 Institutional investors need to participate in investee firms' governance

Source: Business Standard

To improve business practices at listed companies, the Securities and Exchange Board of India (Sebi)’s international advisory board (IAB) has suggested a new code to enable institutional shareholders to participate in the...

May 7, 2015 Mogul Dan Loeb unloads on Warren Buffett

Source: NY Post

LAS VEGAS — Hedge fund mogul Dan Loeb let loose on the Oracle of Omaha in a room full of financiers Wednesday, calling the beloved investor an all-seeing hypocrite for his views on everything from hedge funds to taxes.

May 7, 2015 Dow turns negative for the year as Yellen warns of valuation risks

Source: MarketWatch

U.S. stocks sold off on Wednesday, building on steep losses from the previous session as Federal Reserve Chairwoman Janet Yellen spooked investors by warning of potential pitfalls for investors, referring to stock values as...

May 6, 2015 In a down year, hedge fund CEOs did just fine

Source: CBS Money Watch

The top 25 hedge fund managers earned an eye-popping $11.6 billion in compensation in 2014. However, that was only about half as much as they earned the prior year and roughly in line with their pay at the height of the financial...

May 6, 2015 Bond rout rattles all assets

Source: Reuters

A worldwide selloff in government bonds deepened on Wednesday, with the rise in yields to their highest level this year spreading unease across all asset classes and putting stock markets around the world under pressure

May 6, 2015 U.S. trade deficit soars to highest level since 2008

Source: MarketWatch

WASHINGTON — The nation’s trade deficit soared 43% in March to the highest level since 2008, reflecting the end of a labor standoff at West Coast ports that allowed piles of imported goods sitting at docks such as cell phones,...

May 6, 2015 ECB set to decide on increasing Greek bank lifeline

Source: Reuters

The European Central Bank's Governing Council on Wednesday may nudge up the amount of Emergency Liquidity Assistance teetering Greek banks can borrow, as Athens struggles to avert a potentially catastrophic funding crunch.

May 6, 2015 Oil hits 2015 highs as Saudis raise prices, Libya output slows

Source: Reuters

Oil prices hit their highest for the year on Tuesday, aided by a disruption in Libyan crude exports, higher selling prices for Saudi oil and a weaker dollar that tends to inflate commodity prices.

May 5, 2015 Wall Street ends on upbeat earnings from Berkshire, Cognizant(Monday)

Source: Reuters

Wall Street ended higher on Monday as corporate earnings came in better than feared, although shares of McDonald's declined after the fast-food chain's turnaround plan left investors wanting more.

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