Mish's Global Economic Trend Analysis:
Japan has been hopping in and out of deflation for decades. Japan is back in deflation once again. The Wall Street Journal is reporting Deflation's Return Weighs on JapanThe Bank of Japan faces mounting pressure to loosen its (Read More)
feeds.reuters.com:
The year-long ban BHP Billiton has had on revisiting a takeover of rival miner Rio Tinto will soon end, but it seems as if the moment has passed. Liberum and Investec said earlier this week that most of the synergies were cap (Read More)
Wall Street Journal:
MADRID (MarketWatch) -- Mining group Rio Tinto was downgraded to underperform from neutral on Friday at Credit Suisse, which said shares are now trading at fair value. Shares have outperformed those of rival BHP Billiton by (Read More)
VentureBeat:
Venture capitalists and investment bankers are fascinated by the potential of making money from Smart Grid investments and initial public offerings in the coming year, judging from the latest panel at GreenBeat 09.In spite of (Read More)
The Economist:
UBS wants to grow, but its supervisors want it to shrink“I’D LIKE to see us put more risk on the table and actually trade a bit harder.” In these times, such words from any banker might be enough to cause a little concern. Co (Read More)
The Guardian:
Reckitt Benckiser, the Cillit Bang and Dettol group, has bucked a falling market following reports it was close to announcing a major deal.A merger with US group Colgate Palmolive was one suggestion, as was a takeover of Dure (Read More)
Financial Sector and Stocks Analysis from Seeking Alpha:
Edward Harrison submits:Credit Suisse (CS) has a note out urging caution on Citigroup (C) shares due to regulatory hurdles. Their logic bears noting as it can be useful for other U.S.-based banks. On Monday the CS analysts m (Read More)
Wall Street Journal:
LOS ANGELES (MarketWatch) -- Stocks moved higher in Syndey in the the opening minutes of Wednesday morning trade, helped by a positive lead from the U.S. and continuing strength in resource shares. The benchmark S&P/ASX 200 g (Read More)
The Huffington Post | Full News Feed:
Major pharmaceutical companies have insisted for weeks, if not months, that the passage of health care reform would hurt their bottom lines. During an appearance at Bloomberg's Washington Summit last week, David Brennan, head (Read More)
Submitted by magitam
from Google Reader:
EnCap Investments LP is plotting its eighth fund and may need a placement agent to help it tap international investors. David Miller, a co-founder of the Houston based firm, told Buyouts that EnCap will start raising the fund (Read More)
Financial Times:
Highlighting the competition among banks to build up their UK businesses, the Japanese group's head of UK investment banking is leaving the group to join the Swiss bank as a managing director. (Read More)
Wall Street Journal:
Shares of Sprint Nextel jump after Credit Suisse upgrades the stock and says the company’s turnaround plan is making good progress.
. (Read More)
Submitted by mogston
from blog:
Sprint Nextel shares rose ahead of regular trading Monday after Credit Suisse upgraded the wireless carrier, predicting the company will stop losing net subscribers in the last few months of the year. (Read More)