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Has Apple stock peaked? Experts debate

Analysts disagree over the future of Apple's...



Dan Loeb talks up Amgen

Hedge fund manager Dan Loeb recommended Amgen's stock Tuesday, causing shares to rise about 4 percent on the...



Fly the Derpy Skies

Why was Ron Paul staring at...



Rally Monkey is back from his year-long vacation to celebrate biggest 1-day S&P gain since 2011

After a few weeks of plummeting bond yields, crashing stock markets, and panicked calls for additional asset purchases by the Federal Reserve, an old friend returned: The S&P 500 gained nearly 2 per cent in one day, the biggest single-session...



McDonald's Vows Fresh Thinking After Revenues Decline 30%; Mish Offers Some Advice

A 30% decline in revenues for McDonald's is quite startling to most. I wonder why such a decline took so long.In response to that pathetic performance, McDonald’s Vows Fresh Thinking. McDonald’s Corp. outlined plans for what it called...



Ocwen Financial Corp Shares Slammed By Backdating Allegations

Following a new letter in an ongoing investigation, Ocwen dropped nearly 23% at one point in today's trading.Benjamin Lawsky, The NY superintendent of the Department of Financial services stated in a letter today that he “intends to take...



Liberals are more likely to unfriend you over politics — online and off

Data from the Pew Research Journalism Project shows that conservatives are less likely to have their views challenged on social media — but liberals are more likely to block or unfriend someone online because they disagree...



Wonkblog: Rush Limbaugh is America’s least-trusted news source

Thirty-nine percent of Americans say they don't trust Rush Limbaugh when it comes to news about government and politics, giving the radio personality the highest untrustworthiness rating of 36 news sources included in a recent Pew Research...



OSCAR DE LA RENTA: Designer Who Clothed Stars, and Became One...

OSCAR DE LA RENTA: Designer Who Clothed Stars, and Became One...(Second column, 4th story, link) ...



Buffett Hammered By IBM, Tesco, Coke And Winters

Coke fails to adjust to new market reality as sales sag and investors want actionIt’s been a rough earnings season for Warren Buffett thus far. Buffett lost almost $1 billion on Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B)’s third...



Intel Capital invests $28 mln in five Chinese smart devices startups

Intel Capital said it has put $28 million to work in five Chinese companies making new-generation hardware and related technologies, including wearables and Internet of things devices and components. The investments are the first from the...



China Growth Slows

China’s economy grew at its slowest pace for five years in the third quarter, suggesting the government’s targeted easing measures to boost economic growth haven’t yielded expected...



Fed's Dudley: Bad Bank Behavior Could Drive Break Up

Federal Reserve Bank of New York President William Dudley said the government will have to consider breaking up large financial institutions if Wall Street doesn’t stop excessive risk-taking and breaking the...



Dudley: Enhancing Financial Stability by Improving Culture in the Financial Services Industry

Remarks by President Dudley at the Workshop on Reforming Culture and Behavior in the Financial Services Industry, Federal Reserve Bank of New York, New York...



Exclusive: Allergan Shareholder Paulson & Co Urges Deal With Shire - Sources

(Reuters) - Allergan Inc shareholder Paulson & Co is urging the Botox maker to merge with specialty pharmaceutical company Shire Plc as a potential alternative to a deal with hostile bidder Valeant Pharmaceuticals , according to two people familiar...



Fannie Mae: Continental Western Points Out Lambreth Ignored Supreme Court Precedent

Fannie Mae: Continental Western Points Out Lambreth Ignored Supreme Court Precedent by Todd Sullivan, ValuePlays UPDATE: The court has accepted the brief and Treasury has 15 days to reply ONLY re: Perry decision This is good stuff… Charles Cooper...



10 Tuesday AM Reads

My blessedly IBM free morning train reads: • The British origins of the US endowment model (VoxEU) see also Pension Funds Eye Reducing Hedge-Fund Investments (WSJ) • Value Investors Hoarding Cash See Few Bargains After Rout (Bloomberg) •...



David Einhorn Pitched SunEdison At A Conference And The Stock's Going Gangbusters

Billionaire hedge fund manager David Einhorn, who runs Greenlight Capital, pitched SunEdison as a long at the Robin Hood Investors Conference, according to a source who's present. The semi-conductor's stock has jumped about...



Warren Buffett just lost another $800M

Spare a thought for Warren Buffett, whose portfolio is not doing him any favors this...



Tyler Cowen on exports

Tyler Cowen has a wonderful new post pointing out that all countries can increase their exports at the same time, and this may boost global output.  I’m going to try to make it even wonderfuler (is that a German word?) Let’s...



China’s Rapid Growth Model Is About To Slam Into A Wall

Chinese growth is set to be slashed in half in the next decade, according a report on the country’s changing economy covered by the Wall Street Journal.   The report from the Conference Board says China is heading for “a...



Regressing to the mean in China or why if something cannot go on forever, it will stop

With a h/t to Marginal Revolution, here’s Larry Summers and Lant Pritchett on why — for the same reason the USSR didn’t overtake the US, and Shinzo Abe has a tough job on his hands — “excessive...



New York morning espresso

** FT News ** * Russia widens crackdown on McDonald’s | The latest salvo subjects almost half of the US group’s outlets in Russia to regulatory probes * Rousseff admits to Petrobras wrongdoing | Brazil’s president looks to put a...



Fed-backed TWITTER study draws fire...

Fed-backed TWITTER study draws fire...(First column, 5th story, link)Related stories:FACEBOOK hits DEA for fake account... ...



A Q&A With San Francisco Fed’s John Williams

San Francisco Federal Reserve Bank President John Williams Reuters The Federal Reserve should end its bond-purchase program as planned at its policy meeting this month, John Williams, president of the Federal Reserve Bank of San Francisco, said in...



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David Einhorn Pitched SunEdison At A Conference And The Stock's Going Gangbusters

Billionaire hedge fund manager David Einhorn, who runs Greenlight Capital, pitched SunEdison as a long at the Robin Hood Investors Conference, according to a source who's present. The semi-conductor's stock has jumped about...



Wonkblog: Jean Tirole won the 2014 Nobel Prize in Economics for actually showing us how the real world works

Economists can tell us a lot about markets where there's perfect competition, but what about the real world? You know, that place where there are only a few big companies fighting — or maybe not — against each other. What should the...



Apple iTunes Sees Drop in Music Sales

Digital music sales at Apple iTunes store have fallen 13% to 14% world-wide since the start of the year, according to people familiar with the matter, underscoring the fragility of the music industry’s nascent...



Hedge Fund News: T Boone Pickens, Edward Lampert & BlueCrest Capital Management

PICKENS: I Think Mitt Romney Is Thinking About Running Again (BusinessInsider) Last Friday morning, billionaire energy tycoon T. Boone Pickens was in a meeting with another politically active hedge fund manager in New York City. The meeting between the...



Microsoft Corporation (MSFT)’s Cloud Is Finally Shaking the Loch Ness Monster Awake

 Microsoft Corporation (NASDAQ:MSFT)‘s CEO, Satya Nadella has finally helped the company grow back its long neck, resembling a Loch Ness monster. Using the long neck, the software company can now see far into the future, and help in...



Is Japan’s Economy on the Verge of a Recession?

A share price fall on Oct. 2, when the Nikkei Stock Average lost 420 points, was one sign of concern about Japan’s economy. Agence France-Presse/Getty Images The “r” word is on the lips of economists again in Japan: Did an April...



Links for 10-02-14

Ordoarithmetic - Paul Krugman Tax Tactics Threaten Public Funds - NYTimes.com The permanent scars of fiscal consolidation - Antonio Fatas The disappearance of routine jobs - vox John Cochrane’s diatribe on inequality - longandvariable Age...



Dan Loeb talks up Amgen

Hedge fund manager Dan Loeb recommended Amgen's stock Tuesday, causing shares to rise about 4 percent on the...



Weekend Must Must Reading: Janet Yellen: Perspectives on Inequality and Opportunity from the Survey of Consumer Finances

Janet Yellen: Perspectives on Inequality and Opportunity from the Survey of Consumer Finances--October 17, 2014: "I think it is appropriate to ask whether this [rising inequality] trend... ...is compatible with values rooted in our nation's...



Global leverage still growing, led by emerging economies (1342664)

The 16th Geneva Report on the World Economy by Luigi Buttiglione, Philip Lane, Lucrezia Reichlin and Vincent Reinhart says that the world economy has not deleveraged. Contrary to widely held beliefs, the world has not yet begun to delever. Global...



Eric Mindich Increases Stake in Riverbed Technology

By Holly LaFon. Read more » »Check out Eric Mindich Stock Picks » Download GuruFolio Report of Eric Mindich (Updated on 09/29/2014)Related Stocks:...



GT Advanced, Apple in Deal for 'Amicable' Split-Up

GT Advanced Technologies has signed a pact with Apple Inc. for an “amicable parting of the ways,” Luc Despins, attorney for the bankrupt supplier to the technology giant, said...



Global Views on Opportunity and Inequality

Publics in advanced economies are pessimistic about the financial prospects for the next generation, while emerging and developing nations are more...



Canadian Pacific Turnaround Under Ackman a Sign of Next M&A Wave

NEW YORK (TheStreet) -- Corporate restructurings through asset sales,amanagement change and operational improvementamay be laying the foundation foraa new wave of large acquisitions, as C-suites look to M&A as the finalastep in a turnaround. Deal...



Janus Preparing To Launch Bill Gross “Bond King” ETF?

If Gross can beat his peers in what is likely to be a volatile 2015 market environment, he could be on the road to retaining his "bond king" titleIs Bill Gross preparing to mount a high profile challenge to Pimco and other competitors...



Economic pain, caused by Ukraine

TODAY Russia submitted its budget to the Duma, the lower house of the parliament. After three rounds of discussions, Vladimir Putin, the president, will sign it into law. The budget shows how much trouble the Russian economy is in—and how unwilling...



Meet Edward Quince, the Secret Federal Reserve Chairman in 2008

Former Fed Chairman Edward Quince. Or is it Ben Bernanke? Getty Images Edward Quince was arguably the most powerful person in the world in the fall of 2008, with the fate of financial markets resting on his high-stakes decisions. It turns out he...



Links for 10-25-14

Monetary policy and inequality in the US - Vox Redistribution between generations - mainly macro China Will Keep Growing. Just Ask the Soviets. - NYTimes.com The Profits-Investment Disconnect - Paul Krugman Yellen´s Inequality Speech Revealed a...



McDonald's Vows Fresh Thinking After Revenues Decline 30%; Mish Offers Some Advice

A 30% decline in revenues for McDonald's is quite startling to most. I wonder why such a decline took so long.In response to that pathetic performance, McDonald’s Vows Fresh Thinking. McDonald’s Corp. outlined plans for what it called...



Oil Rout Not Due To Slowing Economies

Oil Rout Not Due To Shrinking Economies by Todd Sullivan, ValuePlays “Davidson” submits: Most seem convinced that globe is awash in oil (United States Oil Fund LP (ETF) (NYSEARCA:USO)). That this is due to US fracking techniques. This article...