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Commonwealth Games 2014: Day two live →  July 25, 2014

18.32 19-year-old Eoin Fleming of Northern Ireland has lost his men’s -73kg bronze medal judo match with South Africa’s Jacques van Zyl and Jake Bensted of Australia has beaten Scotland’s Patrick Dawson. If anyone could explain to me why there are two bronze medal matches in each category I’d be grateful. It’s not like boxing […]

Hedge funds are betting on tax ‘inversion’ wave →  July 26, 2014

Want to see how this story relates to your watchlist? Just add items to create a watchlist now: Add Create Watchlist or Cancel Already have a watchlist? Log In By Liz Hoffman and Rob Copeland MarketWatch/Tim Rostan Interior of Walgreen’s store in Chicago, the drugstore chain’s hometown — which it’s under pressure to vacate for […]

Why Apple Won’t Be Obsolete in 3 Years →  July 26, 2014

Hedge Funds Bet Big on Overseas Tax Deals →  July 26, 2014

Hedge funds are wagering billions of dollars on companies they believe will benefit from a wave of takeover deals designed to lower taxes for U.S. acquirers. The boom in “inversion” deals, in which a U.S. firm buys a foreign company and moves overseas, has raised the ire of President Barack Obama, who has said the […]

Christine Quinn joins three NYS lawmakers in calling on GOP’s John Cahill to … →  July 26, 2014

Former City Council Speaker Christine Quinn and three state lawmakers are leaning on Republican attorney general hopeful John Cahill to return donations from a hedge funder they call a homophobe. The four signed a Friday letter about $20,000 in campaign cash Cahill — who’s challenging incumbent Democratic AG Eric Schneiderman — received from Sean Fieler. […]

Apple iPhones allow extraction of deep personal data, researcher finds →  July 26, 2014

SAN FRANCISCO (Reuters) – Personal data including text messages, contact lists and photos can be extracted from iPhones through previously unpublicized techniques by Apple Inc employees, the company acknowledged this week. The same techniques to circumvent backup encryption could be used by law enforcement or others with access to the “trusted” computers to which the […]

Israel May ‘Broaden’ Assault As Truce Stalls →  July 25, 2014

Israel is preparing to “broaden” its ground assault on Gaza after reportedly rejecting an international plan for a week-long truce. US Secretary of State John Kerry remains “confident progress can be made” on a seven-day truce that would “bring people together to create a more durable plan”. Both sides reportedly agreed to observe a 12-hour […]

Commonwealth Games 2014: Day two live →  July 25, 2014

18.32 19-year-old Eoin Fleming of Northern Ireland has lost his men’s -73kg bronze medal judo match with South Africa’s Jacques van Zyl and Jake Bensted of Australia has beaten Scotland’s Patrick Dawson. If anyone could explain to me why there are two bronze medal matches in each category I’d be grateful. It’s not like boxing […]

Argentina, hedge funds fail to strike debt deal →  July 25, 2014

NEW YORK: Argentina failed to reach a deal yesterday with hedge funds demanding full payment on its defaulted bonds, veering closer to what the International Monetary Fund (IMF) warned could be a painful new default. With less than a week to go to either pay up or risk being declared in default, Argentine officials met […]

Corporate Financing Analysis – Global Hedge Fund Returns Slowly Bouncing … →  July 25, 2014

Corporate Financing Analysis – Global Hedge Fund Returns Slowly Bouncing Back – 28 JULY 2014 Corporate Financing week July 2014 / Global / Finance In BMI‘s view, the status of returns from the global hedge industry is improving, but with work still to be done. After a sluggish start to the year which saw the […]

MOVES-Citigroup names James Boyle as global head of equity derivatives →  July 25, 2014

(Adds Citi departures, background on equity derivatives trading) HONG KONG, July 25 (Reuters) – Citigroup Inc has named James Boyle as global head of equity derivatives, according to an internal memo, replacing Simon Yates who left for New York hedge fund Two Sigma Investments LLC in early July. Yates was the second executive in Citi’s […]