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Hedge funds betting against China eye ‘Soros moment’
January 26, 2016 by creative · Leave a Comment
By Patrick Graham LONDON (Reuters) – A handful of mainly U.S.-based macro hedge funds have led bets against China's yuan since late last year and the coming weeks should tell how right they are in predicting a devaluation…
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Hedge funds betting against China eye ‘Soros moment’
stock-recovered
Lockheed seals services deal with Leidos, forecasts profit below view
January 26, 2016 by admin · Leave a Comment
By Andrea Shalal WASHINGTON (Reuters) – Lockheed Martin Corp on Tuesday announced a $5 billion tax-free deal to combine its information systems and government services business with Leidos Holdings Inc , and forecast a lower-than-expected profit in 2016. Lockheed's shares fell as much as 5 percent amid confusion over future prospects for the Pentagon's No. 1 supplier, although the stock recovered after Lockheed officials reassured analysts they still expected rising sales and earnings in coming years. Lockheed was
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Lockheed seals services deal with Leidos, forecasts profit below view