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Philly Fed factory activity picks up in August

Factory activity in the U.S. mid-Atlantic region expanded in August at a faster pace than expected, a survey showed on Thursday. (Tweet This) The Philadelphia Federal Reserve said its business activity index hit 8.3 in August compared with 5.7 the month before. The August reading was above economists' expectations of 7.0 according to a Reuters poll. Any reading above zero indicates expansion ...
Source: Reuters
Latest Indian, French warplane deal runs into problems - sources

* Indian, French officials struggling over sales terms * Unit price of Rafale fighter jets is one problem -sources * Modi dealt directly with Paris after earlier talks stalled * India needs new warplanes to upgrade aging air force NEW DELHI, Aug 12 (Reuters) - India's order of 36 French-made Rafale fighter jets has run into trouble with government officials struggling to agree sales terms, ...
Source: Reuters | By: Sanjeev Miglani
Neiman Marcus files for IPO  

Media Link Transcript It looks like Neiman Marcus past filed an S1 for an initial public offering. Under the ticker symbol and I am not. Gee this is actually the second time the Nina Marcus has filed for an IPO in the last several years in September of 2013 have filed for an IPO. Although ultimately did end up selling itself to be Ares management in the Canadian pension investment group for ...
Source: CNBC.com