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Exclusive: Luxottica, Essilor tie-up on track for unconditional EU okay - sources

Reuters Business News - Thu, 12/14/2017 - 13:08
BRUSSELS (Reuters) - Italian eyewear maker Luxottica and French lens manufacturer Essilor are set to win unconditional EU antitrust approval for their 48 billion-euro ($57 billion) merger, two people familiar with the matter said on Thursday.
Categories: Reuters

Delaware court reverses controversial Dell buyout ruling

Reuters Business News - Thu, 12/14/2017 - 12:08
WILMINGTON, Del (Reuters) - Delaware's Supreme Court ruled on Thursday that a lower court erred in its controversial finding last year that the 2013 buyout of computer maker Dell Inc was vastly underpriced.
Categories: Reuters

Renault revives Alpine production with 6,000-car capacity

Reuters Business News - Thu, 12/14/2017 - 12:07
DIEPPE, France (Reuters) - Renault has invested in plant capacity to build up to 6,000 sports cars annually under the revived Alpine brand, the company said on Thursday, as it formally opened the new production line in Dieppe, northern France.
Categories: Reuters

Disney to buy Fox film, TV businesses for $52 billion

Reuters Business News - Thu, 12/14/2017 - 11:44
(Reuters) - Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc for $52.4 billion in stock, giving the world's largest entertainment company an arsenal of shows and movies to combat growing digital rivals Netflix Inc and Amazon.com Inc.
Categories: Reuters

Wall Street higher on optimism over tax bill, Fed's economic outlook

Reuters Business News - Thu, 12/14/2017 - 11:40
(Reuters) - Wall Street indexes hovered around record levels on Thursday, perked up by the Federal Reserve's upbeat view on the economy and news that the Republicans' tax code overhaul is set to face final votes in Congress before the year-end.
Categories: Reuters

Spotify price tag rises ahead of filing for NYSE listing: sources

Reuters Business News - Thu, 12/14/2017 - 11:11
STOCKHOLM (Reuters) - The value of music streaming service Spotify, which is planning a stock market listing, has grown around 20 percent to at least $19 billion in the past few months, outperforming U.S. and European tech indexes, sources familiar with the matter said.
Categories: Reuters

Hedge funds up 0.62 per cent in November, says BarclayHedge

Hedgeweek Special Reports - Thu, 12/14/2017 - 10:56

Hedge Funds gained 0.62 per cent in November according to the Barclay Hedge Fund Index compiled by BarclayHedge. The index is up 9.08 per cent in 2017, and has had 13 consecutive winning months during which it gained 11.20 per cent return.

“The possibility that the US Senate might pass a tax bill rallied domestic equity markets,” says Sol Waksman (pictured), founder and president of BarclayHedge. “For each of the past 13 months, the monthly close of the S&P 500 has set a new record high.”
 
Once again, the Technology Index powered upward with a 3.63 per cent return in November. Technology has had 12 months of gains in the past 13 months, and is now up 25.29 per cent for the year.
 
The Healthcare and Biotechnology Index bounced back from a 1.57 per cent loss in October with a 2.98 per cent gain in November. Equity Long Bias was up 1.63 per cent, Emerging Markets added 0.64 per cent, Distressed Securities were up 0.59 per cent, and Pacific Rim Equities rose 0.33 per cent.
 
Eight hedge fund indices lost ground in November. The Merger Arbitrage Index was down 0.79 per cent, European Equities gave up 0.57 per cent, Fixed Income Arbitrage lost 0.30 per cent, and Convertible Arbitrage slid 0.21 per cent.
 
All of Barclay’s 17 hedge fund indices are profitable after eleven months. Following the strong performance of the Technology Index, Healthcare & Biotechnology is up 18.70 per cent for the year, Emerging Markets have gained 16.40 per cent, Pacific Rim Equities are up 13.18 per cent, and the Equity Long Bias Index has added 12.67 per cent.
 
The Barclay Fund of Funds Index lost 0.03 per cent in November, but is up 5.66 per cent for the year.

offResults and performanceFundsIndexesFlag: alphaq

Hedge funds up 0.62 per cent in November, says BarclayHedge

Hedgeweek News - Thu, 12/14/2017 - 10:56

Hedge Funds gained 0.62 per cent in November according to the Barclay Hedge Fund Index compiled by BarclayHedge. The index is up 9.08 per cent in 2017, and has had 13 consecutive winning months during which it gained 11.20 per cent return.

“The possibility that the US Senate might pass a tax bill rallied domestic equity markets,” says Sol Waksman (pictured), founder and president of BarclayHedge. “For each of the past 13 months, the monthly close of the S&P 500 has set a new record high.”
 
Once again, the Technology Index powered upward with a 3.63 per cent return in November. Technology has had 12 months of gains in the past 13 months, and is now up 25.29 per cent for the year.
 
The Healthcare and Biotechnology Index bounced back from a 1.57 per cent loss in October with a 2.98 per cent gain in November. Equity Long Bias was up 1.63 per cent, Emerging Markets added 0.64 per cent, Distressed Securities were up 0.59 per cent, and Pacific Rim Equities rose 0.33 per cent.
 
Eight hedge fund indices lost ground in November. The Merger Arbitrage Index was down 0.79 per cent, European Equities gave up 0.57 per cent, Fixed Income Arbitrage lost 0.30 per cent, and Convertible Arbitrage slid 0.21 per cent.
 
All of Barclay’s 17 hedge fund indices are profitable after eleven months. Following the strong performance of the Technology Index, Healthcare & Biotechnology is up 18.70 per cent for the year, Emerging Markets have gained 16.40 per cent, Pacific Rim Equities are up 13.18 per cent, and the Equity Long Bias Index has added 12.67 per cent.
 
The Barclay Fund of Funds Index lost 0.03 per cent in November, but is up 5.66 per cent for the year.

offResults and performanceFundsIndexesFlag: alphaq

Hedge funds up 0.62 per cent in November, says BarclayHedge

Hedgeweek Jobs - Thu, 12/14/2017 - 10:56

Hedge Funds gained 0.62 per cent in November according to the Barclay Hedge Fund Index compiled by BarclayHedge. The index is up 9.08 per cent in 2017, and has had 13 consecutive winning months during which it gained 11.20 per cent return.

“The possibility that the US Senate might pass a tax bill rallied domestic equity markets,” says Sol Waksman (pictured), founder and president of BarclayHedge. “For each of the past 13 months, the monthly close of the S&P 500 has set a new record high.”
 
Once again, the Technology Index powered upward with a 3.63 per cent return in November. Technology has had 12 months of gains in the past 13 months, and is now up 25.29 per cent for the year.
 
The Healthcare and Biotechnology Index bounced back from a 1.57 per cent loss in October with a 2.98 per cent gain in November. Equity Long Bias was up 1.63 per cent, Emerging Markets added 0.64 per cent, Distressed Securities were up 0.59 per cent, and Pacific Rim Equities rose 0.33 per cent.
 
Eight hedge fund indices lost ground in November. The Merger Arbitrage Index was down 0.79 per cent, European Equities gave up 0.57 per cent, Fixed Income Arbitrage lost 0.30 per cent, and Convertible Arbitrage slid 0.21 per cent.
 
All of Barclay’s 17 hedge fund indices are profitable after eleven months. Following the strong performance of the Technology Index, Healthcare & Biotechnology is up 18.70 per cent for the year, Emerging Markets have gained 16.40 per cent, Pacific Rim Equities are up 13.18 per cent, and the Equity Long Bias Index has added 12.67 per cent.
 
The Barclay Fund of Funds Index lost 0.03 per cent in November, but is up 5.66 per cent for the year.

offResults and performanceFundsIndexesFlag: alphaq

Hedge funds up 0.62 per cent in November, says BarclayHedge

Hedgeweek Interviews - Thu, 12/14/2017 - 10:56

Hedge Funds gained 0.62 per cent in November according to the Barclay Hedge Fund Index compiled by BarclayHedge. The index is up 9.08 per cent in 2017, and has had 13 consecutive winning months during which it gained 11.20 per cent return.

“The possibility that the US Senate might pass a tax bill rallied domestic equity markets,” says Sol Waksman (pictured), founder and president of BarclayHedge. “For each of the past 13 months, the monthly close of the S&P 500 has set a new record high.”
 
Once again, the Technology Index powered upward with a 3.63 per cent return in November. Technology has had 12 months of gains in the past 13 months, and is now up 25.29 per cent for the year.
 
The Healthcare and Biotechnology Index bounced back from a 1.57 per cent loss in October with a 2.98 per cent gain in November. Equity Long Bias was up 1.63 per cent, Emerging Markets added 0.64 per cent, Distressed Securities were up 0.59 per cent, and Pacific Rim Equities rose 0.33 per cent.
 
Eight hedge fund indices lost ground in November. The Merger Arbitrage Index was down 0.79 per cent, European Equities gave up 0.57 per cent, Fixed Income Arbitrage lost 0.30 per cent, and Convertible Arbitrage slid 0.21 per cent.
 
All of Barclay’s 17 hedge fund indices are profitable after eleven months. Following the strong performance of the Technology Index, Healthcare & Biotechnology is up 18.70 per cent for the year, Emerging Markets have gained 16.40 per cent, Pacific Rim Equities are up 13.18 per cent, and the Equity Long Bias Index has added 12.67 per cent.
 
The Barclay Fund of Funds Index lost 0.03 per cent in November, but is up 5.66 per cent for the year.

offResults and performanceFundsIndexesFlag: alphaq

Hedge funds up 0.62 per cent in November, says BarclayHedge

Hedgeweek Features - Thu, 12/14/2017 - 10:56

Hedge Funds gained 0.62 per cent in November according to the Barclay Hedge Fund Index compiled by BarclayHedge. The index is up 9.08 per cent in 2017, and has had 13 consecutive winning months during which it gained 11.20 per cent return.

“The possibility that the US Senate might pass a tax bill rallied domestic equity markets,” says Sol Waksman (pictured), founder and president of BarclayHedge. “For each of the past 13 months, the monthly close of the S&P 500 has set a new record high.”
 
Once again, the Technology Index powered upward with a 3.63 per cent return in November. Technology has had 12 months of gains in the past 13 months, and is now up 25.29 per cent for the year.
 
The Healthcare and Biotechnology Index bounced back from a 1.57 per cent loss in October with a 2.98 per cent gain in November. Equity Long Bias was up 1.63 per cent, Emerging Markets added 0.64 per cent, Distressed Securities were up 0.59 per cent, and Pacific Rim Equities rose 0.33 per cent.
 
Eight hedge fund indices lost ground in November. The Merger Arbitrage Index was down 0.79 per cent, European Equities gave up 0.57 per cent, Fixed Income Arbitrage lost 0.30 per cent, and Convertible Arbitrage slid 0.21 per cent.
 
All of Barclay’s 17 hedge fund indices are profitable after eleven months. Following the strong performance of the Technology Index, Healthcare & Biotechnology is up 18.70 per cent for the year, Emerging Markets have gained 16.40 per cent, Pacific Rim Equities are up 13.18 per cent, and the Equity Long Bias Index has added 12.67 per cent.
 
The Barclay Fund of Funds Index lost 0.03 per cent in November, but is up 5.66 per cent for the year.

offResults and performanceFundsIndexesFlag: alphaq

Wall Street climbs as tax reform enters last lap

Reuters Business News - Thu, 12/14/2017 - 10:09
(Reuters) - U.S. stocks climbed higher on Thursday, boosted by gains in technology and banking shares and aided by news that the Republicans' tax code overhaul should face final votes in Congress before the year-end.
Categories: Reuters

Volkswagen says some employees cooperated with Brazil's military regime

Reuters Business News - Thu, 12/14/2017 - 09:36
FRANKFURT (Reuters) - Volkswagen said on Thursday that a historian commissioned by the carmaker found that some of the security staff at Volkswagen do Brasil had cooperated with the country's former military regime.
Categories: Reuters

Wall Street opens higher as bank stocks gain

Reuters Business News - Thu, 12/14/2017 - 09:33
(Reuters) - Wall Street opened higher on Thursday, aided by gains in bank stocks and on news that the Republicans' tax overhaul plan was headed for final votes in Congress before the year-end.
Categories: Reuters

Record number of Americans to travel during Christmas holiday: AAA

Reuters Business News - Thu, 12/14/2017 - 09:30
NEW YORK (Reuters) - U.S. travelers will hit the roads, rails and skies this Christmas holiday in their largest numbers on record, lured by cheap plane tickets and a growing economy, the nation's largest motor advocacy group said on Thursday.
Categories: Reuters

Delta Air Lines to place order for Airbus jets

Reuters Business News - Thu, 12/14/2017 - 09:25
NEW YORK (Reuters) - Delta Air Lines said on Thursday it will place a firm order for 100 Airbus A321neo jets and an optional order for 100 of the aircraft. Delta, the No. 2 U.S. airline by passenger traffic, said in a filing with the U.S. Securities and Exchange Commission that it expects deliveries to begin in the first quarter of 2020, with new aircraft arriving through 2023.
Categories: Reuters

Wall St. set to rise at open as tax reform enters last lap

Reuters Business News - Thu, 12/14/2017 - 09:04
(Reuters) - Wall Street was poised to open higher on Thursday, aided by gains for banking shares and news that the Republicans' tax code overhaul should face final votes in Congress before the year-end.
Categories: Reuters

Global stocks edge up amid central bank bonanza

Reuters Business News - Thu, 12/14/2017 - 08:41
LONDON (Reuters) - World shares eked out modest gains on Thursday as cautious comments on inflation from the U.S. Federal Reserve gave investors pause on a day packed with central bank decisions in Europe.
Categories: Reuters

Disney to buy Fox film, some TV businesses for $52 billion

Reuters Business News - Thu, 12/14/2017 - 08:05
(Reuters) - Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc for $52.4 billion in stock as the world's largest entertainment company seeks even greater scale to combat growing digital rivals Netflix Inc and Amazon.com Inc.
Categories: Reuters

Stock futures up, eyes on Disney-Fox deal, bank stocks

Reuters Business News - Thu, 12/14/2017 - 07:47
(Reuters) - Wall Street was set for a slightly higher open on Thursday as traders focused on a $52.4 billion stock deal between Walt Disney and Twenty-First Century Fox and gains in shares of big banks.
Categories: Reuters
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