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Search results for "LTD"



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Third Point's Loeb: We're the good guys!

In a newly-released investor letter, Third Point's chief Dan Loeb defended modern-day activist techniques.
Source: CNBC.com | By: Kate Kelly
UPDATE 2-S.Korea July exports fall, outlook on China grows gloomier

SEOUL, Aug 1- South Korean exports extended their losing streak to a seventh straight month in July, pointing to little respite in sight for Asia's trade-reliant economies as Chinese demand cools and global commodity prices take a fresh tumble. Shipments to China and the European Union fell and growth tailed off in exports to the United States.
Source: Reuters | By: Christine Kim and Choonsik Yoo
UPDATE 1-South Korea July exports fall for 7th month in row

SEOUL, Aug 1- South Korean exports fell for a seventh straight month in July over a year earlier, further clouding the outlook for the struggling economy as demand from China, Europe and other major markets remains weak. South Korea is the first major exporting economy to report monthly trade data and home to global suppliers such as Samsung Electronics, Hyundai...
Source: Reuters
Brazil says it has leniency deal with builder in corruption probes

BRASILIA, July 31- Brazil's antitrust regulator CADE and federal prosecutors signed a leniency deal on Friday with engineering company Camargo Correa aimed at obtaining evidence of alleged price-fixing of contracts to build a nuclear power plant. Camargo Correa was the first of Brazil's construction firms to have its top executives convicted of...
Source: Reuters
Cramer: Best stocks to buy as the Fed tightens

When the Fed tightens, these stocks should benefit the most in a higher rate environment.
Source: CNBC.com | By: Abigail Stevenson
UPDATE 1-Ecuador signs $2.5 bln oil supply deal with Thailand

QUITO, July 31- Ecuador's state oil company Petroecuador has signed a crude oil supply agreement with a division of Thailand's state-run PTT under which the Andean country will receive a $2.5 billion up-front payment, according to a statement from the company. Petroecuador International Trade Manager Nilsen Arias confirmed the deal to Ecuador's El...
Source: Reuters
Jobs data big, but no slam dunk for rate hike

August is here, bringing the final few pieces of data the Fed has left to consider before it holds its rates meeting in September.
Source: CNBC.com | By: Patti Domm
EXCLUSIVE-Hedge fund mogul Paulson: Gold is now 'fairly valued'

Paulson, in his first public comments since the recent price crash, said his firm, Paulson& Co. Inc., has retained a 10 million share stake, now worth about $1 billion, in SPDR Gold Trust, which tracks the price of gold. While Paulson's hedge fund was the single largest investor in the SPDR Gold Trust at the end of the first quarter, the position, now worth about $1.05...
Source: Reuters | By: Svea Herbst-Bayliss
INTERVIEW-Don't fear potash takeover, Saskatchewan premier tells Germany

July 31- The man who was instrumental in blocking a foreign takeover five years ago of Canada's Potash Corp, the world's No. 2 producer of the crop nutrient potash, says Germany need not fear Potash's move to buy German potash miner K+ S AG. In 2010, Brad Wall, premier of the Western Canadian province of Saskatchewan, campaigned against Anglo-Australian miner BHP...
Source: Reuters | By: Rod Nickel
UPDATE 1-Uber valued at about $51 bln after latest funding round - WSJ

July 31- Uber Technologies Inc has closed a new round of funding that values the online taxi-hailing company at nearly $51 billion, the Wall Street Journal reported, citing people familiar with the matter. Investors in the latest round include Microsoft Corp and the Indian media conglomerate Bennett Coleman& Co's Times Internet, the report said.
Source: Reuters