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Icahn denies attempt to sell Herbalife stock, buys more shares
August 27, 2016 by publisher · Leave a Comment
Herbalife shares rose 4 percent in extended trading, reversing course after Icahn said he had bought 2.3 million shares on Friday. “Completely contrary to what Bill Ackman stated on television today, I have never given Jefferies an order to sell any of our Herbalife shares,” Icahn said in a statement after market close. Ackman, who unveiled a $1 billion short bet against Herbalife in 2012, said on CNBC earlier in the day that Icahn's planned stake
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Icahn denies attempt to sell Herbalife stock, buys more shares
yellen
Redstone granddaughter agrees to case dismissal, helps broader deal
August 27, 2016 by creative · Leave a Comment
The granddaughter of Viacom Inc's controlling shareholder Sumner Redstone has agreed to let a Massachusetts court dismiss claims brought by former company leaders, a step that will help end a battle over the fate of the media empire. …
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Redstone granddaughter agrees to case dismissal, helps broader deal
yellen
For the Fed’s Yellen ‘conventional’ unconventional policy is enough
August 27, 2016 by publisher · Leave a Comment
By David Chance WASHINGTON (Reuters) – For all the talk of a radical shift in central banking policy, from the permanent use of negative rates to helicopter money drops, Federal Reserve Chair Janet Yellen appears to believe she can tackle any future downturn using…
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For the Fed’s Yellen ‘conventional’ unconventional policy is enough
yellen
Asian shares fall, while Japan’s gain as brakes applied to strong yen
April 8, 2016 by publisher · Leave a Comment
SINGAPORE/TOKYO (Reuters) – Most Asian shares fell to three-week lows on Friday, but Japan bucked the trend after its finance minister pledged to guard against strong moves in the yen in either direction. While that led to a slight retreat in the yen from a 17-month high against the dollar, the Japanese currency is
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Asian shares fall, while Japan’s gain as brakes applied to strong yen
yellen
Fed’s Williams eyes two 2016 rate hikes: Fox Business Network
April 8, 2016 by creative · Leave a Comment
San Francisco Fed President John Williams said Thursday that at least two interest-rate hikes this year is the “right course” so long as the U.S. economy continues to grow, businesses add jobs, and inflation picks up as he expects. “If the …
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Fed’s Williams eyes two 2016 rate hikes: Fox Business Network
yellen
Yellen, alongside Fed alum, says rate hikes on track
April 8, 2016 by admin · Leave a Comment
The U.S. economy is on a solid course with some hints of inflation so the Federal Reserve is on track for further interest rate hikes, Federal Reserve Chair Janet Yellen said on Thursday in a defense of her decision to tighten
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Yellen, alongside Fed alum, says rate hikes on track