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  • 5 Banks That Set Gold Prices Seek External Audit

    Fox Business - Tuesday 21st January, 2014

    NEW YORK – The five banks that set the benchmark price for gold are seeking an external audit of the processes they use, The Wall Street Journal reported, citing a person with knowledge of the matter. The so-called twice-daily "London fixings", which give a snapshot of spot gold prices, have come under intense regulatory scrutiny amid concerns of possible manipulation of ...

  • Fitch changes tune on Canada’s ‘over-heated’ housing market

    Financial Post - Tuesday 21st January, 2014

    Fitch Ratings which has argued that real estate in Canada is significantly overpriced now believes that the sector is headed for at worst only modest declines this ...

  • Why BlackBerry Ltd is one of Canada’s top performers so far this year

    Financial Post - Tuesday 21st January, 2014

    TORONTO -- BlackBerry Ltd, one of the biggest losers on the Toronto Stock Exchange last year, is one of the top performers of 2014 as optimism grows and short-sellers hurriedly bail out. The company's Nasdaq-listed shares rose 7.9% in trading on Tuesday, a day after a big run-up in the stock on the Toronto Stock ...

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  • Hain Celestial to Report Q2 FY 2014 Earnings on February 4 2014 After the Market Close

    benzinga - Tuesday 21st January, 2014

    HAIN ) will conduct a conference call to discuss its Second Quarter Fiscal Year 2014 results on Tuesday, February 4, 2014, at 4:30 PM Eastern Time. The call will feature remarks by Hain Celestial's management ...

  • Forget Kanye West Is Dr. Dre the Next Steve Jobs

    ABCNews - Tuesday 21st January, 2014

    After earning millions of dollars from Beats by Dre headphones, Dr. Dre, whose real name is Andre Young, and Jimmy Iovine, chairman of Universal Music Group's Interscope Geffen A&M Records, say on the company website that their service is an "artist-friendly digital music service that does more than simply offer access to music, but one that establishes an emotional connection to ...

  • News Summary Delta Air Lines earnings

    Tampa Bay Online - Tuesday 21st January, 2014

    PLANS FOR THIS YEAR: Delta is continuing to add very little flying, instead focusing on staying profitable on the number of flights it already offers. It plans to grow 3 percent at most in the current quarter, after posting just 1 percent growth for ...

  • Oak Grove Capital sees 16 percent hike in lending

    Star Tribune - Tuesday 21st January, 2014

    St. Paul-based Oak Grove Capital, a national provider of real estate financial services, said it provided $1.7 billion of affordable market-rate and senior housing financing last year, a 16 percent increase over the previous year. Both Freddie Mac and FHA financing volumes during the year increased 150 percent, while all Fannie Mae business remained strong with $700 million in volume. Oak ...

  • Supreme Court to decide if nonunion members have to pay mandatory fair share union fees

    Star Tribune - Tuesday 21st January, 2014

    WASHINGTON -- The Supreme Court will decide whether making nonunion home health care workers in Illinois pay "fair-share" union fees is an unconstitutional violation of their First Amendment rights. The case could have major implications for public service unions. The justices heard arguments Tuesday from lawyers for Illinois homecare personal assistants who don't want to be ...

  • Las Vegas casinos now accepting cybercurrency Bitcoin will work for rooms food not gambling

    Star Tribune - Tuesday 21st January, 2014

    LAS VEGAS -- Las Vegas is getting one more novelty. Starting this week, patrons will be able to use the online currency Bitcoin to pay for rooms, food and drinks at two downtown casinos. The D casino and the city's oldest casino, the Golden Gate, will accept bitcoins at hotel front desks beginning Wednesday. The cybercurrency will also be accepted at the D's gift shop and two ...

  • Bombardier lays off 1700 employees contractors including 550 in Kansas

    Star Tribune - Tuesday 21st January, 2014

    WICHITA, Kan. -- Bombardier says it is laying off about 1,700 employees and contractors at its facilities in the United States and Canada. That number includes 550 people in the company's Learjet facility in Wichita. Company spokeswoman Annie Cossette said Tuesday that the layoffs in Wichita include 200 contractors who left the company in December after their contracts expired and were not ...

  • News Summary Unilever sales slow in 4Q

    Miami Herald - Tuesday 21st January, 2014

    SOFT SALES: Unilever, the consumer goods group behind Axe deodorant, Dove soap and Ben & Jerry's ice cream, said Tuesday that sales slowed in the fourth quarter due to weakness in emerging markets. It expects more of the same until later in 2014.CURRENCY IMPACT: The company said demand in emerging markets has been dampened by weaker currencies. It has seen little improvement in ...

  • World stocks mixed amid China news weak earnings

    Miami Herald - Tuesday 21st January, 2014

    BEIJING -- World markets were mixed Tuesday, torn between news that China's central bank will act to help growth and concern over weak corporate earnings.Markets were uneasy the day before after China's fourth-quarter growth declined slightly from the previous quarter but confidence rebounded after the central bank promised extra liquidity in the financial system. The move comes ahead ...

  • Are you opposed to fracking Then you might just be a terrorist | Nafeez Ahmed

    Guardian - Tuesday 21st January, 2014

    surveillance of activists opposed to the Northern Gateway pipeline project on 'national security' grounds. The CSIS also routinely passed information about such groups to the project's corporate architect, Calgary-based energy company, Enbridge. The Northern Gateway is an $8 billion project to ...

  • Davos 2014 bosses see a half-full glass – for now

    Guardian - Tuesday 21st January, 2014

    Red tape and fears that governments will fail to control budget deficits are the biggest worries of bosses of major companies, research has found - although they are increasingly optimistic about the prospects for growth in the coming year.The proportion of bosses consulted ...

  • It should be as easy to change bank as it is to change your mobile phone

    Guardian - Tuesday 21st January, 2014

    Full and instantaneous bank account portability would be good for consumers and good for challenger banks, says Andrea Leadsom. Photograph: Network ...

  • Unilever could pull out of Britain if it left EU warns multinationals boss

    Guardian - Tuesday 21st January, 2014

    European Union "than kicking against the table" and voting to leave, the boss of one of the world's largest consumer goods companies has said.Paul Polman, the Dutch chief executive of the consumer ...

  • Investigative film festival begins with shocking death row movie

    Guardian - Tuesday 21st January, 2014

    "a shocking indictment of the American criminal justice system and a tribute to the dedication of selfless civil rights lawyers and their supporters from all over the world."There will also be four more investigative documentaries, including the UK premiere of Paul Moreira's ...

  • Investing Insights Earnings And Volatility What Is Going On

    Forbes - Tuesday 21st January, 2014

    Uptrending volatility and mixed trading may persist in this holiday-shortened week as investors digest the next round of earnings reports. Indeed, with the CBOE Volatility Index (VIX), a sentiment gauge affectionately called the market's "fear gauge," at 12.5 and in the lower end of its one-year range, the risk of market complacency is ...

  • Cashin Why the Dow is overleveraged

    CNBC - Tuesday 21st January, 2014

    S&P 500 , but investors shouldn't be alarmed. It's mainly because of how the Dow Jones industrial average weights stocks, UBS' Art Cashin told CNBC on Tuesday. Calling the Dow "somewhat overleveraged," Cashin said recent changes in the index make it easy for a few stocks to swing the average into negative or positive territory. The Dow shook up its lineup last fall, ...

  • Private jets vie for Super Bowl slots

    CNBC - Tuesday 21st January, 2014

    For Super Bowl week, New Jersey's Teterboro Airport is raising what might be considered a red-velvet rope around its airspace, requiring more than 1,000 private jets to vie for reserved spots just a few miles of MetLife Stadium. "Teterboro will be the crown jewel of where everyone wants to go," said Jeff Trance, the senior vice president ...

  • Stocks still tops advisor survey finds

    CNBC - Tuesday 21st January, 2014

    bubble in U.S. stocks and what it could do to your portfolio and they'll ask you why you're worried and when you might need to start drawing money from the account. Basically, financial planners don't like investment conversations absent the context of a specific client's financial ...

  • Bike Sharing Firm Crashes Into Debt

    Business Week - Tuesday 21st January, 2014

    rolled out its bike-sharing system in May 2013, one of the reasons that criticism never gained much traction was that the program was said to cost taxpayers nothing. As many as 10,000 bicycles and 600 stations--"All of this without using any taxpayer money!" crowed Vikram Pandit, then the chief executive of Citigroup, which paid $41 million to have the system's bikes and docking ...

  • Wall Street investors split on NuPathe-Teva deal

    Philadelphia Business Journal - Tuesday 21st January, 2014

    Teva shares are up about 2 percent following its merger deal with NuPathe NuPathe Inc.s rejection of Endo Health Solutions merger offer in favor of a more lucrative Teva Pharmaceuticals bid is being felt on Wall Street. In early afternoon trading, shares of both Nupathe and Endo were down. NuPathe, a specialty pharmaceutical company that one-year ago received Food and Drug Administration ...

  • US stocks mostly lower JJ Verizon drag on Dow

    The Seattle Times - Tuesday 21st January, 2014

    U.S. stocks were mixed Tuesday as investors assessed the latest round of company earnings. Verizon, Johnson & Johnson and Goldman Sachs were among the losers in the Dow Jones industrial average. Materials companies rose, led by gains in Dow Chemical and aluminum maker ...

  • Insight Deep Shell problems weigh on new boss van Beurden

    Reuters - Tuesday 21st January, 2014

    LONDON (Reuters) - Royal Dutch Shell's chief executive Ben van Beurden has, on the face of it, played the classic "new boss" card - using a barely justified profit warning to brighten his own future by making the past look ...

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