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Zero Hedge
A Non-Random Straight-Line Walk Up Wall StreetMalkiel would be shocked... As we noted previously, one of the bedrock notions
A Non-Random Straight-Line Walk Up Wall Street
Zero Hedge / Posted moments ago
Malkiel would be shocked... As we noted previously, one of the bedrock notions in modern finance is the “Random Walk Hypothesis”, which essentially says that every day is a new one. Markets are like Buddhist monks in this paradigm, waking up with... Read more
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Zero Hedge
Myopic Markets & The Looming Mall REITs MassacreLast week, we discussed the precarious state of the overstretched U.S. consumer
Myopic Markets & The Looming Mall REITs Massacre
Zero Hedge / Posted moments ago
Last week, we discussed the precarious state of the overstretched U.S. consumer and the spill-over effects of poor performance on the part of major retailers and other consumer discretionaries. In a nutshell, consumer credit growth appears to have... Read more
1m
Zero Hedge
“Only Money Outside Of the Matrix" Will Survive ...“Gold and silver bottom is in”, renowned silver analyst David Morgan tells Max
“Only Money Outside Of the Matrix" Will Survive ...
Zero Hedge / Posted moments ago
“Gold and silver bottom is in”, renowned silver analyst David Morgan tells Max Keiser on the Keiser Report and warns about paper and digital proxies for money and gold. Morgan, also known as the ‘Silver Guru’ of the TheMorganReport.com, talks to Max... Read more
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Zero Hedge
Monetary Lunacy: The ECB Could End Up Funding Bayer's Purchase Of MonsantoOne month ago, we were surprised to report that the junk bond issued by French
Monetary Lunacy: The ECB Could End Up Funding Bayer's Purchase Of Monsanto
Zero Hedge / Posted moments ago
One month ago, we were surprised to report that the junk bond issued by French telecom company Numericable would, after its 100%+ upsizing, become the largest high yield bond on record. As we explained this was a direct consequence of the... Read more
2m
NZCity
Why does Auckland matter in the budget?WHY DOES AUCKLAND MATTER IN THIS YEAR'S BUDGET? THE PROBLEM Auckland is home
Why does Auckland matter in the budget?
NZCity / Posted 2 minutes ago
WHY DOES AUCKLAND MATTER IN THIS YEAR'S BUDGET? THE PROBLEM Auckland is home to about 1.5 million people and its population is expected to grow by another 1 million over the next 30 years. New Zealand's biggest city is already facing a dire housing... Read more
3m
Anime News Network
Oh My Goddess! Creator's Toppu GP Manga Launches in EnglishFor the hardest of the diehard otaku in Japan, finding the ultimate limited edi
Oh My Goddess! Creator's Toppu GP Manga Launches in English
Anime News Network / Posted 3 minutes ago
For the hardest of the diehard otaku in Japan, finding the ultimate limited edition items comes with a serious price, and now that retailer exclusives are all the rage, it's a jungle out there.― There are two Japanese phrases that describe serious... Read more
2 related stories
3m
Fortune
Drone Sales Have Tripled in the Last YearDespite its relatively recent introduction to the public, drones have gained a
Drone Sales Have Tripled in the Last Year
Fortune / Posted 3 minutes ago
Despite its relatively recent introduction to the public, drones have gained a rapidly growing fanbase that expected to only multiply in coming years. According to a Wednesday report from retail research firm the NPD group, sales of drones have more... Read more
3m
The Columbus Dispatch
Used car prices continue to dropThis is a good time to buying a used sedan, but not a good time to be selling o
Used car prices continue to drop
The Columbus Dispatch / Posted 3 minutes ago
This is a good time to buying a used sedan, but not a good time to be selling one, part of an ongoing shift of consumers away from cars and toward trucks. Prices are down 2.1 percent through mid-May compared to April, according to NADA Used Car... Read more
3m
The Columbus Dispatch
AAA predicts 1.5 million Ohioans will travel Memorial Day weekend Local Nearly 1.5 million Ohioans are expected to take a trip of more than 50
AAA predicts 1.5 million Ohioans will travel Memorial Day weekend
The Columbus Dispatch / Posted 3 minutes ago
Local Nearly 1.5 million Ohioans are expected to take a trip of more than 50 miles between Thursday and Sunday, according to AAA, helping to make this Memorial Day weekend the... Read more
4 related stories
4m
Dundas Star News
Calgary man found not criminally responsible in stabbing rampageWay Back When in Hamilton not only carries customized vintage wedding attire bu
Calgary man found not criminally responsible in stabbing rampage
Dundas Star News / Posted 4 minutes ago
Way Back When in Hamilton not only carries customized vintage wedding attire but also offers... Question: If I am involved in a corporation with other shareholders, should we have a... Question: My brother is incapable but doesn’t have a Power of... Read more
1899 related stories
7m
Market Watch
Only one company in the S&P 500 Index has majority ‘sell’ ratingsWall Street analysts, though well-educated and extraordinarily informative abou
Only one company in the S&P 500 Index has majority ‘sell’ ratings
Market Watch / Posted 7 minutes ago
Wall Street analysts, though well-educated and extraordinarily informative about stocks, suffer from groupthink. Their stock ratings tend to be overwhelmingly positive. Tim Clift made an insightful point in his look at how earnings season works:... Read more
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Market Watch
Sumner Redstone’s refusal to cede control has left Viacom with an uncertain futureIn refusing for decades to cede control—all while claiming he would never die—S
Sumner Redstone’s refusal to cede control has left Viacom with an uncertain future
Market Watch / Posted 7 minutes ago
In refusing for decades to cede control—all while claiming he would never die—Sumner Redstone helped create the succession and corporate governance turmoil unfolding at Viacom Inc., experts and analysts say. There’s no one person tapped to take the... Read more
251 related stories
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Market Watch
Bank living wills can’t do what they’re designed for, government researchers findJamie Dimon and his fellow bank chief executives haven’t reduced their firms’ c
Bank living wills can’t do what they’re designed for, government researchers find
Market Watch / Posted 7 minutes ago
Jamie Dimon and his fellow bank chief executives haven’t reduced their firms’ complexity, a new study finds. The so-called living wills that the largest eight banks have to submit every year can’t tell investors one very important thing — whether a... Read more
7m
Market Watch
Airline CEO: The new way airlines will soon be charging you feesThough I write about travel, I have to admit I do not like flying. Getting smus
Airline CEO: The new way airlines will soon be charging you fees
Market Watch / Posted 7 minutes ago
Though I write about travel, I have to admit I do not like flying. Getting smushed into a tiny seat that barely reclines, waiting in sometimes-long lines to board the plane, praying the flight isn’t oversold and I get bumped: These are things I just... Read more
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The Star
Petronas to sell LNG to France's EDFEDF has a separate deal with another Asian LNG heavyweight, Korea Gas Corp. The
Petronas to sell LNG to France's EDF
The Star / Posted 8 minutes ago
EDF has a separate deal with another Asian LNG heavyweight, Korea Gas Corp. The Reuters photo shows the logo of France's state-owned electricity company EDF next to the EDF thermal electricity production plant in Cordemais, France. MILAN: Petroliam... Read more
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The Star
Norway to regulate $850 billion fund's tax haven exposure - lawmakersOSLO (Reuters) - Norway will take a first step this week toward using its $850
Norway to regulate $850 billion fund's tax haven exposure - lawmakers
The Star / Posted 8 minutes ago
OSLO (Reuters) - Norway will take a first step this week toward using its $850 billion (578 billion pounds) sovereign wealth fund, the world's biggest, as a tool to combat the use of tax havens, two key members of parliament's finance committee told... Read more
8m
The Irish Times
High Court confirms examiner for Debenhams Irish shopsThe High Court has confirmed the appointment of an examiner to the company oper
High Court confirms examiner for Debenhams Irish shops
The Irish Times / Posted 8 minutes ago
The High Court has confirmed the appointment of an examiner to the company operating Debenhams eleven stores here. Debenhams Retail (Ireland) Ltd directly employs 1,400 staff while 500 concession staff and 300 cosmetic staff also work in the... Read more
2 related stories
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The Irish Times
Online auction of 70 Irish properties raises around €11mAn online auction of 70 commercial and residential properties from Allsop Space
Online auction of 70 Irish properties raises around €11m
The Irish Times / Posted 8 minutes ago
An online auction of 70 commercial and residential properties from Allsop Space concluded on Wednesday evening with all but 13 of the lots unsold. Three one-bedroom apartments in a period house on Northumberland Road in Ballsbridge, Dublin – which... Read more
9m
The Register
US watchdog probes AlibabaThe monster Chinese ecommerce site Alibaba is under investigation by the US Sec
US watchdog probes Alibaba
The Register / Posted 9 minutes ago
The monster Chinese ecommerce site Alibaba is under investigation by the US Securities and Exchange Commission (SEC). In a filing – with the SEC – the company disclosed the financial regulator was looking into its accounting practices. That... Read more
9 related stories
10m
Daily Mirror
Greece has been thrown a bankruptcy lifeline as eurozone chiefs reach dealGreece was thrown a lifeline on Wednesday after eurozone chiefs sealed a “break
Greece has been thrown a bankruptcy lifeline as eurozone chiefs reach deal
Daily Mirror / Posted 10 minutes ago
Greece was thrown a lifeline on Wednesday after eurozone chiefs sealed a “breakthrough” deal to save the country from bankruptcy. Eurogroup President Jeroen Dijsselbloem said: “We achieved a major breakthrough on Greece which enables us to enter a... Read more
128 related stories
12m
Maple Ridge News
23 years to save a down payment in Metro Vancouver's hot real estate market: reportA new report paints a stark picture of how unaffordable housing has become for
23 years to save a down payment in Metro Vancouver's hot real estate market: report
Maple Ridge News / Posted 12 minutes ago
A new report paints a stark picture of how unaffordable housing has become for young people in B.C.'s Lower Mainland in an era of rapidly escalating real estate prices. The UBC-led Generation Squeeze project found just 15 per cent of Metro Vancouver... Read more
9 related stories
13m
Business Standard India
L&T exceeds results' expectationsIn anticipation of a good March quarter results, the stock of Larsen & Toubro (
L&T exceeds results' expectations
Business Standard India / Posted 13 minutes ago
In anticipation of a good March quarter results, the stock of Larsen & Toubro (L&T) was up four per cent in Wednesday’s trade. The results, which came after market hours, kept up the promise and were even better than expectation. Growth rates and... Read more
5 related stories
13m
Business Standard India
Royalty and riskThe Union government has revoked the set of licensing guidelines it had issued
Royalty and risk
Business Standard India / Posted 13 minutes ago
The Union government has revoked the set of licensing guidelines it had issued on May 18 for the agricultural technology sector. This is a welcome step, even though the idea that such guidelines had been proposed and notified was a cause for concern... Read more
11 related stories
13m
Business Standard India
Bajaj Auto: Growth back on trackAfter two lacklustre quarters, Bajaj Auto on Wednesday took the Street by surpr
Bajaj Auto: Growth back on track
Business Standard India / Posted 13 minutes ago
After two lacklustre quarters, Bajaj Auto on Wednesday took the Street by surprise, especially on the revenue and operating fronts. On the back of 11.5 per cent year-on-year volume growth for the March quarter (Q4FY16), revenues at Rs 5,411 crore... Read more
5 related stories
13m
Business Standard India
A bumpy ride?The Indian stock market posted its biggest single-day gain on Wednesday as the
A bumpy ride?
Business Standard India / Posted 13 minutes ago
The Indian stock market posted its biggest single-day gain on Wednesday as the BSE’s benchmark index, Sensex, gained over two per cent. The smart rally was attributed to the prospects of good rains and a marked improvement in the global perception of... Read more
13m
Business Standard India
Regulator to clean bourses of suspended firmsTo allow exit for shareholders of the 1,200 companies The Securities and Excha
Regulator to clean bourses of suspended firms
Business Standard India / Posted 13 minutes ago
To allow exit for shareholders of the 1,200 companies The Securities and Exchange Board of India (Sebi) has decided to reduce the number of listed companies on the BSE (formerly Bombay Stock Exchange) and... Read more
4 related stories
15m
CTV News
What's next for Greece? Loan averts crisis but debt still hugeFRANKFURT -- It's all but official: this summer's Greek crisis has been called
What's next for Greece? Loan averts crisis but debt still huge
CTV News / Posted 15 minutes ago
FRANKFURT -- It's all but official: this summer's Greek crisis has been called off. After an 11-hour meeting lasting into the early hours Wednesday, European officials agreed to unfreeze more rescue loans and to consider ways to lighten Greece's... Read more
128 related stories
15m
Belleville Intelligencer
Council likes merger but not proposed monikerThe name suggested by two soon-to-be amalgamated agencies isn’t sitting well wi
Council likes merger but not proposed moniker
Belleville Intelligencer / Posted 15 minutes ago
The name suggested by two soon-to-be amalgamated agencies isn’t sitting well with Belleville council. Efforts to rebrand the local Bay of Quinte Tourism and Bay of Quinte Living entities under a regional banner wasn’t readily accepted by city... Read more
15m
Greenwich Time
Puerto Rico clears first hurdle with committee votePuerto Rico's Resident Commissioner Pedro Pierluisi, D-Puerto Rico, speaks on C
Puerto Rico clears first hurdle with committee vote
Greenwich Time / Posted 15 minutes ago
Puerto Rico's Resident Commissioner Pedro Pierluisi, D-Puerto Rico, speaks on Capitol Hill in Washington, Wednesday, May 25, 2016, during a House Natural Resources Committee markup hearing on H.R. 5278, Puerto Rico Oversight, Management, and Economic... Read more
8 related stories
15m
Greenwich Time
Legislators, residents protest insurance mergersState legislators and Connecticut residents have added their voices to the chor
Legislators, residents protest insurance mergers
Greenwich Time / Posted 15 minutes ago
State legislators and Connecticut residents have added their voices to the chorus of critics calling for a more thorough review of two proposed insurance company mergers. Neither merger is final, and the state insurance department is slated to have... Read more
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