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Lansdowne’s Main Fund Fell as Brexit Vote Jolted Global Markets →  June 28, 2016

Lansdowne Partners, one of Europe’s largest hedge fund firms, saw its biggest fund lose money last week as the U.K.’s vote to exit the European Union roiled markets. The fund, which bets on and against stocks and was one of the best performers globally last year, extended losses this month to 4.1 percent as of […]

LIVE: PMQs On Key Day In Party Leader Battles →  June 29, 2016

12:06, UK, Wednesday 29 June 2016 Article source: http://news.sky.com/story/1719060

APS Fulfillment, Inc. Says Newly Opened Panama Canal Expansion Expected to Substantially Increase Traffic to East Coast Ports →  June 29, 2016

Miami, FL, June 29, 2016 – APS Fulfillment, Inc. (www.APSFulfillment.com), one of the nation’s leading cost-effective fulfillment and integrated direct mail marketing companies, says the newly opened Panama Canal expansion is expected to substantially increase traffic to East Coast ports, including the Port of Miami. On Sunday, June 26, the 10-year, $5.5-billion Panama Canal expansion […]

Turkey airport attack in Istanbul blamed on ISIS with up to 50 dead →  June 29, 2016

Three suicide bombers have launched a ‘major, co-ordinated’ attack at Istanbul’s Ataturk Airport, spraying bullets into crowds of terrified passengers and security personnel before blowing themselves up, injuring more than 140 people and leaving a death toll expected to rise to 50.  Eyewitnesses described the moment a hero policeman shot down one of the suicide […]

Asia stocks bounce, bonds benefit from the unknown →  June 29, 2016

SYDNEY Asian share markets joined a global rebound on Wednesday as the immediate drag from the Brexit vote began to ebb and investors wagered central banks would ultimately ride to the rescue with more stimulus measures. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1 percent to recoup around a third of Friday’s stinging […]

Quickly: Why is everybody so angry? →  June 28, 2016

What’s Quickly? It’s where readers sound off on the issues of the day. Have a quote, question or quip? Call Quickly at 312-222-2426 or email quickly@post-trib.com. I can’t believe how many people are so angry. I wouldn’t be surprised if I saw people just start blowing up and bursting on fire. That’s how much anger […]

Brexit surprises hedge fund veterans used to winning →  June 28, 2016

New York EVEN some of the smartest guys in the room got this one wrong. The billionaire hedge fund manager Leon Cooperman told an audience of Wall Street insiders on Wednesday that there was a 70 per cent probability that Britain would stay inside the European Union. “I don’t worry Article source: http://www.businesstimes.com.sg/executive-money/brexit-surprises-hedge-fund-veterans-used-to-winning

Lansdowne’s Main Fund Fell as Brexit Vote Jolted Global Markets →  June 28, 2016

Lansdowne Partners, one of Europe’s largest hedge fund firms, saw its biggest fund lose money last week as the U.K.’s vote to exit the European Union roiled markets. The fund, which bets on and against stocks and was one of the best performers globally last year, extended losses this month to 4.1 percent as of […]

COLUMN-Why VW was smart to fold in emissions cheating case: Frankel →  June 28, 2016

(The opinions expressed here are those of Alison Frankel, a columnist for Reuters.) By Alison Frankel New York June 28 – A few years back, the German automaker Porsche hired Robert Giuffra of Sullivan Cromwell to defend the company against fraud suits by hedge funds that alleged they lost more than $3 billion shorting Volkswagen […]

Farage Tells MEPs: ‘You’re Not Laughing Now’ →  June 28, 2016

Nigel Farage told fellow MEPs “you’re not laughing now” as he was jeered and booed at an emergency meeting of the European Parliament to discuss Brexit. The UKIP leader said they should be “grown up” and accept Britain’s decision to leave the EU after 43 years. He also warned the UK would not be the last […]

Line IPO: 5 Things You Need to Know →  June 28, 2016

Line IPO Price Delayed by Global Uncertainty Although tech IPOs (initial public offerings) have been rare in the last 18 months, the upcoming Line IPO was supposed to buck the trend. But then the Brexit happened. As a result, the South Korean-based company has postponed releasing its Line IPO price. Line Corporation operates Japan’s most […]