Business
– Buying Karstadt was an improbable dream for Berggruen, a nostalgic rescue mission for a Germany that no longer exists. – The German magazine...
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– Buying Karstadt was an improbable dream for Berggruen, a nostalgic rescue mission for a Germany that no longer exists. – The German magazine...
Carl Icahn says, "While we are having a great year, I am being very selective about the companies I purchase.”
– The virtual currency Bitcoin has received an important endorsement from one of the world’s most successful serial investors. – Russian Billionaire investor and...
– European and Chinese officials have made two notable announcements in recent weeks. On June 18, China’s second largest financial institution, China Construction Bank,...
Barclays slashed earnings estimates from AlonUSA, but the company expects significant production growth for the second-half of 2014.
– For better or worse, economic-policy debates in the United States are often echoed elsewhere, regardless of whether they are relevant. Australian Prime Minister...
Ackman ... [will] continue to short Herbalife "to the end of the Earth."
– Moshe Asher: We have lists with names of many thousands of Israelis with bank accounts with significant balances. – Tax Authority Director General...
– Company revenue reached $1.23 billion for the quarter, compared to the consensus estimate of $1.21 billion. – Salesforce.com, inc. (NYSE:CRM) CEO Marc...
The Israeli company will raise $75 million, down from the $100 million it attempted to raise in March. The IPO of digital ad...