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Breaking News Sun, 20 May 2012
Friday Talking Points -- Good Enough for My Money
Huffington Post
| So, it's official. Disco is dead. The passing of Donna Summer brings to a close an era in American music that... well... if you didn't live through it, it's hard to explain. Especially the outfits people wore in public. And making John Travolta a m...
Planet Business
Irish Times
| Compiled by LAURA SLATTERY  | Image of the week  | It has been a busy week for German finance minister Wolfgang Schäuble, but it's not an emergency or anything - he still had time to pick up the Charlemagne Prize, an award traditionally given to pe...
Pranab Mukherjee defends Vodafone tax, says company was informed of it
The Times Of India
Tweet FM Pranab Mukherjee defended the retrospective amendment in income tax law that could force British telecom operator Vodafone to pay 20,300 crore as tax, interest and penalty. | Vodafone had been clearly told that it would have to pay tax on it...
'Vulture funds' circle as Greece fears grow
The Independent
| Kenneth Dart, the Michigan-born heir to a disposable cups fortune, was handed an estimated €400m (£320m) cheque from Greece this week, after successfully calling the country's bluff and refusing to take part in the restructuring of government de...
JPMorgan’s Trading Loss Is Said to Rise at Least 50%
The New York Times
| The trading losses suffered by JPMorgan Chase have surged in recent days, surpassing the bank’s initial $2 billion estimate by at least $1 billion, according to people with knowledge of the losses. | When Jamie Dimon, JPMorgan’s chief executive...
Paulson Pitches AngloGold Ashanti and Caesar’s
The New York Times
| John Paulson, the hedge fund manager whose every move has become the fascination of Wall Street, appeared unruffled. | In a slick gray suit and blue-striped tie, he delivered a pitch for three of his “long” ideas to an audience of inves...
Martin Marietta Feels the Einhorn Effect
The New York Times
| Turns out that executives at Herbalife can breathe easy. It appears that they weren’t the targets of David Einhorn, after all. | Martin Marietta Materials‘s stock plunged sharply seconds after the Greenlight Capital founder recommended ...
Parliament's right to amend laws supreme: Pranab says on Vodafone case
DNA India
| Government on Wednesday justified its decision to neutralise the impact of Supreme Court decision in the Vodafone case by amending the Income Tax Act with retrospective effect suggesting it was to prevent outflow of Rs40,000-Rs50,000 crore from the...
Why vulture fund Dart could be yet another financial worry for Greece
The Times Of India
Tweet ATHENS, Greece - Vulture funds 1. Greece 0. | When Greece announced Tuesday that it had made a 436 million euro bond payment to the holdout investors who rejected the country's historic debt overhaul deal in March, the decision came as no surpr...
Bank of America to expand program for short sales
Tampabay.com
| Times staff | Tampa Bay Times In Print: Wednesday, May 16, 2012 ADVERTISEMENT | ADVERTISEMENT | Story Tools Print this story Purchase reprints Contact the editor Email Newsletters | Bank of America to expand program for short sales | Expanding a pr...
Dana Gas reports strong profit growth
Gulf News
| Dana Gas reported a 125 per cent jump in its first quarter net profits to Dh206 million for the first quarter of 2012, up from Dh92 million in the corresponding period last year. Gross revenue increased 14 per cent to Dh700 million, up from Dh616 m...
Bet on Greek Bonds Paid Off for ‘Vulture Fund’
The New York Times
| Vulture funds 1. Greece 0. | When Greece announced on Tuesday that it had made a €436 million bond payment to the hold-out investors who rejected the country's historic debt revamping deal in March, the decision came as no surprise. After all,...



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