Standard Life Plc, Scotland’s largest insurer, agreed to acquire Aberdeen Asset Management Plc for about 3.8 billion pounds , a deal that would create one of Europe’s biggest fund managers. Their stock soared.
Peugeot Maker Agrees to Buy GM’s Opel in $2.3 Billion Deal
PSA Group agreed to buy General Motors Co.’ s Opel unit in a transaction valued at 2.2 billion euros , creating Europe’s second-largest carmaker in a bid to better compete in the region’s saturated market.
Deutsche Bank’s Cryan Has New Strategy: Reverse the Old One
Deutsche Bank AG Chief Executive Officer John Cryan tore up his own turnaround plan in an admission that the 17-month-old effort flopped. Germany’s largest bank late Sunday approved measures — most crucially, plans to raise about $8.5 billion in a share sale — that effectively restart what has already been the most turbulent transformation in its recent history.
Kenyan Minister Opposes Regulations to Break Up Vodafone Unit
Kenya’s government opposes using regulation to force East Africa’s biggest mobile operator Safaricom Ltd. to be broken up, after a draft study found the company is dominant in the country’s telecommunications industry, Information, Communications and Technology Secretary Joseph Mucheru said. The government disapproves of measures that would stifle innovation as it wants companies to expand by investing in new products and technology, Mucheru said in an interview Friday from the capital, Nairobi.
Deutsche Bank Shares Tumble In Frankfurt After $8.5 Billion Capital Raising Confirmation
Deutsche Bank stock fell sharply in Frankfurt Monday after Europe’s biggest bank confirmed it will raise around $8.5 billion in capital and sell parts of its asset management business. Deutsche Bank AG stock fell sharply in Frankfurt Monday after Europe’s biggest bank confirmed it will raise around a 8 billion in capital from shareholders and plan the partial sale of its asset management business.
Aberdeen, Standard Life Combine in $13.5 billion Asset Management Tie-up
Aberdeen Asset Management and Standard Life have confirmed plans to create Europe’s second-biggest asset manager in a $13.5 billion all-share merger Aberdeen Asset Management and Standard Life have confirmed plans to create Europe’s second-biggest asset manager in a A 11 billion all-share merger The deal will see Aberdeen shareholders owing around 33% of the combined group, while Standard Life shareholders will received 66.7%. The merged group will remain in Scotland, the companies said, and will have around A 660 billion in assets under management, making it the second-largest in Europe behind Allianz SE .
Nikkei Falls on Strong Yen, N.Korea Missile Launches
Japanese shares fell on Monday in thin trade as the yen firmed and as global geopolitical tensions rose after North Korea fired four missiles, three of which landed in Japan’s exclusive economic zone. Landmine maker Ishikawa Seisakusho jumped 5.1 percent, while Mitsubishi Heavy Industries rose 0.2 percent and Kawasaki Heavy Industries 0.3 percent.
Equity Futures Drop as Risk Appetites Hit
U.S. stock futures dropped but Asian shares were resilient on Monday as investors weighed the near-certain prospect of an interest rate hike in the United States this month against news of China’s slower 2017 growth target. Risk appetites also took a hit on rising geopolitical tensions in East Asia, as North Korea fired four ballistic missiles early in the day, while a spat between China and South Korea over missile defense deepened.
Prosecutor Says Samsung Scandal a Sign of – Chronic Corruption’
South Korea’s special prosecutor accused Jay Y. Lee and other Samsung Group executives of conspiring to create fake documents to mask millions of dollars in bribes funneled to a confidante of the nation’s president. Lee, the de facto head of Samsung, is alleged to have committed perjury when he said he didn’t know his company had paid money to entities controlled by Choi Soon-sil, and that he wasn’t asked by President Park Geun-hye to provide financial support.
European Stocks Called Lower Amid Geopolitical Risk, Deutsche Bank Capital Raising
European stocks are called lower Monday as investors focus on myriad events in the region’s corporate markets while following the cautious tone of trading in Asia. European stocks are called lower Monday as investors focus on myriad events in the region’s corporate markets while following the cautious tone of trading in Asia.
CQS New City High Yield Fund Limited : Half-yearly report
Dividend yield of 7.4%, based on dividends at an annualised rate of 4.39 pence and a share price of 59.13 pence at 31 December 2016. Investment and Share Price Performance Your Company’s net asset value increased by 5.1% to 57.5 pence per share during the six months ended 31 December 2016.
General Motors Agrees to Sell Opel to Peugeot For $2.33B
A Peugeot car drives past the logos of French car maker Peugeot and German car maker Opel at a dealership in Villepinte, France, (
Amazon Chief Bezos Expected to Unveil Further Private Space Exploration Plans
The burgeoning space-transportation company owned by Amazon.com chairman Jeff Bezos this week is expected to announce some customers and new initiatives, the latest step toward its long-term goal of building rockets powerful enough to penetrate deep into the solar system, according to industry officials. The moves by the typically secretive Mr. Bezos, these officials said, are anticipated to disclose further details about Blue Origin LLC’s strategy to create a family of reusable rockets initially intended to take tourists on suborbital voyages, and then propel spacecraft into Earth’s orbit and eventually blast both manned and robotic missions to the Moon and various planets.
JPMorgan Said to Scout Dublin, Frankfurt for Post-Brexit EU Hub
JPMorgan Chase & Co. is scouting for office space in Dublin and Frankfurt that may be used as an enlarged European Union hub following the U.K.’s vote to leave the bloc, according to people with knowledge of the matter.
Saudi Aramco’s Green Energy Push Seen Widening Appeal of IPO
Aramco is the world’s largest oil company, but when it sells shares next year its foray into renewables is what may lure investors who would otherwise be forced to stay away. Saudi Arabian Oil Co., as it is formally called, is considering investments of as much as $5 billion in renewable energy, part of the kingdom’s effort to reduce the amount of oil feeding domestic energy needs.
Snap, Twitter, Facebook: Doug Kass’ Views
Doug Kass shares his thoughts on what might be a catalyst for housing, and wonders about whether the Snap IPO will be more like Facebook’s or Twitter’s. Doug Kass shares his views every day on RealMoneyPro.
Apple, Starbucks, Caterpillar: Doug Kass’ Views
Doug Kass shares his thoughts on the possible return of the border adjustment tax, and has some good words about Apple and Caterpillar. Doug Kass shares his views every day on RealMoneyPro.
Facebook and Snap Are Starkly Different; Why You Might Want to Consider Twitter: Jim Cramer’s View
Cramer shares his views on how there’s a lot of difference between Facebook and Snap, and also discusses why you might want to check out Twitter. Jim Cramer shares his views every day on RealMoney .
Pro-Trump Rally to take place in Kearney
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Singapore Managers Can Expect Pay Increases of 5% At Most
About 93 percent of companies in Singapore say they will keep or raise headcount this year, according to a survey by recruitment consultancy Michael Page of almost 450 businesses in the city state . Only 36 percent said they will recruit new hires. Singapore’s unemployment rate recently hit a six-year high of 2.2 percent, though the country still remains one of the easiest places in the world to find work.
Papua New Guinea Asks Energy Explorers: Can We Keep Some of Our Gas?
Less than three years after it began sending one of its most precious resources overseas, Papua New Guinea’s future may be determined by how much of it stays at home. The Pacific island nation wants some of the world’s top explorers to allow a portion of its natural gas to stay in the country, said Nixon Duban, the minister for the government’s petroleum and energy department.
Yen Gains, Topix Falls on Korean Missile Report: Markets Wrap
U.S. stock futures were also lower as Japan Prime Minister Shinzo Abe said the government will hold a National Security Council meeting today after North Korea fired four ballistic missiles. The move comes as South Korea and the U.S. undertake annual military drills that Pyongyang has called a prelude to an invasion. Tensions have been rising over North Korea, which also conducted a missile test during Abe’s state visit to the U.S. last month and is suspected of being behind the assassination of its leader’s half brother in Malaysia.
Yen Gains, Topix Falls on Korean Missile Report: Markets Wrap
U.S. stock futures were also lower as Japan Prime Minister Shinzo Abe said the government will hold a National Security Council meeting today after North Korea fired four ballistic missiles. The move comes as South Korea and the U.S. undertake annual military drills that Pyongyang has called a prelude to an invasion. Tensions have been rising over North Korea, which also conducted a missile test during Abe’s state visit to the U.S. last month and is suspected of being behind the assassination of its leader’s half brother in Malaysia.
America’s broadband market needs more competition
The United States is home to some of the most creative people and businesses on the planet. Our filmmakers, artists, software engineers and scientists entertain the world and expand the boundaries of human knowledge.
America’s broadband market needs more competition
The United States is home to some of the most creative people and businesses on the planet. Our filmmakers, artists, software engineers and scientists entertain the world and expand the boundaries of human knowledge.
Two Killed in Tecumseh Disturbance
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Two Killed in Tecumseh Disturbance
As per Federal Communications Commission Regulations following is certified: Platte River Radio Inc. does not discriminate in the sale of commercial time, and will not accept advertising which, in its sole opinion, is purchased with intent to discriminate unlawfully on the basis of race, gender, or ethnicity. The advertiser hereby certifies that its purchase of commercial time is not made for an unlawful discriminatory purpose, including specifically that it is not based upon a decision to place advertising on a station on the basis of race, gender, or ethnicity.
Optimism slowly returning to mining industry ahead of annual convention
Commodity prices have begun to move higher after a protracted downturn that, for several years, had put a stop to the raucous industry parties where booze flowed freely. With commodity prices on the rise, attendees at the world’s largest annual gathering for the mining industry are expected to be cheerier than they were last year.
Poor Pacific Nation Asks Drillers: Can We Keep Some of Our Gas?
Less than three years after it began sending one of its most precious resources overseas, Papua New Guinea’s future may be determined by how much of it stays at home. The Pacific island nation wants some of the world’s top explorers to allow a portion of its natural gas to stay in the country, said Nixon Duban, the minister for the government’s petroleum and energy department.
Pai to Lay Out Plans for FCC on Wednesday
Ajit Pai, the new chairman of the Federal Communications Commission, promised to return the U.S. to ‘the light-touch approach’ of regulating broadband. New Federal Communications Commission Chairman Ajit Pai will get a chance to clue in lawmakers about his plans for net neutrality, wrapping up the broadcast spectrum auction and rewriting media ownership rules when he and fellow FCC members appear before panels on both sides of Capitol Hill Wednesday, March 8. Both the Senate Commerce Committee as well as the communications subcommittee of the House Energy and Commerce Committee will hold oversight hearings examining the FCC’s operations Wednesday.
Drugs disaster
The family are surprised. Their little farm is at the end of a bumpy track through rice paddies, and they do not get many foreigners asking to use the toilet.
Chancellor’s challenge
A funny thing about confidence is that some people have it but shouldn’t, while others should but don’t. It’s true more than ever when it comes to the confidence to spend money.
4 Egypt’s Mukhabarat hires Washington lobbyists to boost image
Egyptian intelligence has hired two U.S. public relations firms in Washington to lobby on the country’s behalf and boost its image, the first such engagements by the country’s powerful security apparatus to be made public and a rare move by a foreign intelligence body. Filings dated Jan. 28 and seen by The Associated Press on the Department of Justice website Sunday showed that the General Intelligence Service has hired public relations firms Weber Shandwick and Cassidy & Associates Inc. The registrations by one of Egypt’s feared, competing intelligence agencies, known as the Mukhabarat, were released publicly to comply with the U.S. Foreign Agents Registration Act of 1938.
How to Trade the Week’s Most Active Stocks–AMD, Snap, Rite Aid and More
Put down the 10-K filings and the stock screeners. It’s time to take a break from the traditional methods of generating investment ideas.
What Was Up With Snap’s NYSE Banner?
This week, the 26-year-old tech billionaire Evan Spiegel became the founder of a company that just raised more than all the tech IPOs in 2016 combined , and opened up an additional 41% from its initial offering price. The former frat guy is essentially the updated American dream, complete with an engagement to L Brands Victoria’s Secret model Miranda Kerr.
What Was Up With Snap’s NYSE Banner?
This week, the 26-year-old tech billionaire Evan Spiegel became the founder of a company that just raised more than all the tech IPOs in 2016 combined , and opened up an additional 41% from its initial offering price. The former frat guy is essentially the updated American dream, complete with an engagement to L Brands Victoria’s Secret model Miranda Kerr.
ICE lawsuit
An arrest is made during an Immigration and Customs Enforcement enforcement operation in Los Angeles on Feb. 7. Tens of thousands of immigrants detained by U.S. Immigration and Customs Enforcement were forced to work for $1 day, or for nothing at all – a violation of federal anti-slavery laws – a lawsuit claims. The lawsuit, filed in 2014 against one of the largest private prison companies in the country, reached class-action status this week after a federal judge’s ruling.
Kellyanne Conway Compares “Alternative Facts” to Oscars Snafu: “Things Happen to Everyone”
Conway was also asked about the ‘SNL’ skit where Kate McKinnon portrayed her as a stalker who breaks into the home of CNN anchor/correspondent Jake Tapper and seduces him in a desperate attempt to appear on live TV. White House counselor Kellyanne Conway says when it comes to “alternative facts” and the “Bowling Green Massacre,” she makes mistakes on TV just like the Oscars.
Kearney Boasts Lowest Property Tax Levy in Nebraska
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Juniata Fourth Graders Celebrate Nebraska’s 150th Birthday
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