Month: July 2013

Germany’s finance minister told Greeks to stop lobbying for more debt forgiveness during a visit to Athens that forced authorities to shut the city center and ban protests against the deeply unpopular champion of austerity.

Billionaire activist Carl Icahn renewed his call for Dell Inc stockholders to vote against a buyout offer from Michael Dell, amid reports that the company founder might not win enough support for his bid. Dell shareholders are scheduled to vote July 18th on a plan laid out by Michael Dell and private equity firm Silver Lake to take the No. 3 PC maker private in a $24.4 billion deal.

G20 summits do not always set the pulse racing, but this week’s gathering of finance ministers and central bankers in Moscow has a better chance than most of grabbing the attention of financial markets.

Yahoo just released its mixed Q2 earnings, and a few sentences may have given the answer everyone was waiting for ? yes, Yahoo still has plenty of cash to pursue more acquisitions. Evidence of this lies in the company’s share buyback program.

Senate Democrats came close to triggering the so-called nuclear option, but an 11th hour compromise appears at hand that will defuse the situation. (July 16)

U.S. stock futures are moving higher on strength in the financial sector. Volume is light for the second consecutive day, however, with markets awaiting testimony from the chairman of the U.S. Federal Reserve

G20 summits don’t always set the pulse racing but this week’s gathering of finance ministers and central bankers in Moscow has a better chance than most of grabbing the attention of financial markets. The policymakers meet at a sensitive time with the U.S. Federal Reserve intent on slowing, then exiting a bond-buying program that has been creating $85 billion a month, and Beijing trying to rebalance the world’s most dynamic economy.

Goldman Sachs says its second-quarter profit doubled, boosted by a surge in stock and bond underwriting.

Union Finance Minister P. Chidambaram on Tuesday said that the rail tariff authority will be set up soon.

Jake Gyllenhaal is no longer hiding his affection for model Alyssa Miller after first being linked together last month. The two were spotted out in NYC holding hands like a real, bonafide couple while they strolled around the city with HIS MOM! But we’re guessing his momma didn’t feel like a third wheel because his pup joined them all for the stroll. Nothing like a little puppy company to turn three’s a crowd into a party!