Tag Archives: tangible
As China enters new era, how much of Mao will stay?
BEIJING (Reuters) – In 1981, five years after his death, China's ruling Communist Party began to save history from Mao Zedong. Continue reading
Direct Line says will be more profitable after spin-off
LONDON (Reuters) – Direct Line Insurance Group, stepping up a charm offensive with investors ahead of a planned stock market listing next month, said it expected to be more profitable after the flotation. Continue reading
Obama wants tough rules after JPMorgan loss: report
WASHINGTON (Reuters) – The White House, following a trading loss of more than $2 billion by JPMorgan, wants to ensure a tough interpretation of a regulation aimed at preventing banks from making bets with their own money, The Wall Street Journal reported on Wednesday. Citing people familiar with the matter, the report said White House officials have stepped up talks with the Treasury Department in the several days since the staggering loss was disclosed by the bank. The discussions, according to the report, represent the first tangible political impact from the trading debacle Continue reading
US Suspends Search for Fallen Troops in Response to North Korea’s Missile Launch Plans
In the first tangible fallout from North Korea’s announced plans for a satellite launch next month, the Pentagon has suspended a program to look for the remains of the 5,300 Americans classified as missing in North Korea during the Korean War. Both the U.S Continue reading
Apple Investors Sound Off on Dividend
NEW YORK (TheStreet) — Apple investors are split on the company’s decision to dive back into dividends and repurchase shares, as the company’s cash strategy continues to fuel intense debate. “I was disappointed with Apple’s dividend and buyback for one basic reason: It doesn’t increase shareholder value in any lasting or meaningful way,” said Ernie Varitimos, who runs the Apple Investor Trade Room Continue reading
