Hedge funds posted 4th month of declines in September -HFR data

[Buzz_Burner_Fresh_Updates] Hedge funds posted 4th month of declines in September -HFR data – reuters.com BOSTON, Oct 7 (Reuters) – BOSTON, Oct 7 (Reuters) – Hedge funds are down 1.35 percent this year after a fourth straight month of losses in September, which marks the longest consecutive period of declines since the financial crisis, data released […]

UPDATE 2-Europe's top asset manager Amundi outlines $8 bln IPO

[Buzz_Burner_Fresh_Updates] UPDATE 2-Europe's top asset manager Amundi outlines $8 bln IPO – reuters.com PARIS, Oct 7 (Reuters) – Europe’s biggest asset manager Amundi promised to pay out at least 60 percent of net profit in dividends as it outlined plans to raise money for shareholder Societe Generale via an IPO in Paris. Continue Reading On […]

JPMorgan buys more mortgages from other lenders as market shrinks + MORE

[Buzz_Burner_Fresh_Updates] Renault-Nissan discussing change in alliance structure to counter French control: paper – reuters.com TOKYO (Reuters) – Renault SA and Nissan Motor Co have entered discussions to reorganize their capital alliance structure in a bid to water down Paris’s control of the French automaker, the Nikkei business daily reported on Wednesday. Continue Reading On reuters.com […]

SABMiller highlights sales growth as AB InBev mulls bid

[Buzz_Burner_Fresh_Updates] SABMiller highlights sales growth as AB InBev mulls bid – reuters.com LONDON (Reuters) – SABMiller , the brewing giant in talks about a potential takeover by rival Anheuser-Busch InBev , reported a 2 percent rise in second-quarter sales volumes on Tuesday which it said reflected the strength of its long-term business model. Continue Reading […]

Dubai apartment prices fall 11 pct y/y, more declines likely -JLL + MORE

[Buzz_Burner_Fresh_Updates] China jumps to 4th most-used world payment currency-SWIFT – reuters.com HONG KONG, Oct 6 (Reuters) – China’s yuan became the fourth most-used world payment currency in August, overtaking the Japanese Yen, global transaction services organisation SWIFT said on Tuesday. Continue Reading On reuters.com ยป Dubai apartment prices fall 11 pct y/y, more declines likely […]

INDONESIA PRESS-Dubai Islamic Bank to increase its stake in Bank Panin Syariah to 40 pct – Investor Daily

[Buzz_Burner_Fresh_Updates] INDONESIA PRESS-Dubai Islamic Bank to increase its stake in Bank Panin Syariah to 40 pct – Investor Daily – reuters.com Dubai Islamic Bank PJSC has obtained an approval from Indonesia’s Financial Services Authority to increase its stake in PT Bank Panin Syariah Tbk to 40 percent from 24.9 percent currently, the Investor Daily reported, […]

M&A roundup – week ending 10/3/15

[Buzz_Burner_Fresh_Updates] M&A roundup – week ending 10/3/15 – vator.tv Google bought Jibe Mobile; Axel Spring acquired Business Insider; Microsoft made three purchases German publishing giant Axel Springer purchased a majority stake in  digital business news website Business Insider. The deal valued Business Insider at $442 million. As a previous investor, Axel Springer already owned a 9 percent […]

Short sellers cash in Apple bets as stock declines

[Buzz_Burner_Fresh_Updates] Short sellers cash in Apple bets as stock declines – reuters.com SAN FRANCISCO, Oct 1 (Reuters) – Many short sellers appear to have unwound their bets against Apple this week, and a 6 percent fall in the stock price suggests they made money as investor worries about the company countered a record launch of […]