Investment Management
* President Obama confirmed today that Lawrence Summers had withdrawn his name to be considered as Fed Chairman * This piece of news has now changed the entire dynamics of the end of tapering of quantitative easing * The withdrawal of Lawrence Summers who was viewed as hawkish and USD bullish paves the way for […]
* Apple introduced its new iPhones yesterday with great featires such as fingerprint technology and a 64-bit processor * While we are impressed with the features of the new phone, we are disappointed with the pricing of the iphone 5C * Although Apple has secured a deal with NTT Docomo, it still remains to be […]
* Ezra Holdings Advances Most in More Than Two Years * Shrs jump as much as 9.6%, most since Aug. 2011, on volume ~2.8x of 3-mo. full-day avg. • Rises above 60-DMA * Ezra Holdings: The Company is not aware of any information not previously announced concerning the Company, its subsidiaries or associated companies which […]
* West Texas Intermediate crude dropped for a second day as Syria agreed to a Russian plan to surrender its chemical weapons, easing concern that a U.S. strike will curb oil shipments from the Middle East * Futures fell as much as 2.9 percent as France said it will submit a proposal to the United […]
* American Tower Corp., the biggest operator of cellular towers in the U.S., agreed to acquire the parent company of rival Global Tower Partners for about $3.3 billion, giving it thousands of additional wireless sites as the appetite for next-generation services grows * American Tower is buying MIP Tower Holdings LLC, a closely held real […]
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