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Chow Tai Fook first-half profit sinks 23%

Alex Wong, Director of Ample Capital, describes how gold prices are impacting the jeweler's profit margins.
Source: CNBC.com
Fitch Affirms Morgan Stanley's Ratings at 'A/F1'; Outlook Stable

NEW YORK---- Fitch Ratings has affirmed Morgan Stanley's ratings including its Issuer Default Ratings at' A/F1', support rating at' 1', support rating floor at' A' and viability rating at' a-'. Fitch forecasts weak growth in the eurozone during 2015 while growth in the US and UK is expected to be somewhat stronger, which should help the GTUBs with a significant presence in...
Source: Business Wire
Fitch's 'Inside Credit': U.S. Banking Outlook, Bond Market Liquidity & Alibaba's Rating

NEW YORK---- This week's edition of' Inside Credit' features top stories including Fitch's U.S. banking outlook, the increasing role of asset managers in bond market liquidity, and Alibaba's new rating. 'While bank earnings in the U.S. are expected to remain under pressure for a variety of reasons, bank ratings will likely not be adversely impacted next year due to the...
Source: Business Wire
Pepperdine University Graziadio School of Business and Management to Host Former Argentinian Minister of Economy and Foreign Affairs

LOS ANGELES---- In a rare appearance at a U.S. campus, globally renowned economic expert Minister Domingo Cavallo of Argentina will speak on the Argentinian and Latin American economies to students at Pepperdine University' s Graziadio School of Business and Management this week. Cavallo has chosen to share his insights, experiences and observations with the...
Source: Business Wire
Wall Street Journal CEO Council Assembles World's Top Chief Executives for 2014 Annual Meeting

NEW YORK, Nov. 13, 2014-- The Wall Street Journal will again bring together more than 100 of the world's top chief executives to address critical business and policy issues at the seventh annual meeting of The Wall Street Journal CEO Council. With a cast of some of the most powerful people in business and politics, we will be exploring the new dispensation in...
Source: Globe Newswire
Fitch: Bond Market Liquidity Seen Moving Toward Asset Managers

NEW YORK---- Asset managers are planning to hold more cash and large liquid bonds as broker/dealers' importance in providing liquidity to the fixed income markets has diminished, according to a Fitch Ratings survey of major asset managers. Broker/dealer inventories are down $250 billion for corporate bonds and $32 billion for municipal bonds since year-end...
Source: Business Wire
China FTA should be Abbott's agenda at APEC: Pro

Kerry Brown, Executive Director of China Studies Center, University of Sydney, says the Australian Prime Minister should focus on the country's trade talks with China at the APEC summit.
Source: CNBC.com
First United Corporation Announces 3rd Quarter 2014 Earnings

OAKLAND, Md., Nov. 10, 2014/ PRNewswire/-- First United Corporation, a bank holding company and the parent company of First United Bank& Trust, a Maryland trust company, announces that consolidated net income available to common shareholders was $2.0 million for the first nine months of 2014, compared to $4.3 million for the same period of 2013. Basic and diluted net...
Source: PR Newswire
Ellington Financial LLC Reports Third Quarter 2014 Results

OLD GREENWICH, Conn., Nov. 5, 2014/ PRNewswire/-- Ellington Financial LLC today reported financial results for the quarter ended September 30, 2014.. Net increase in shareholders' equity resulting from operations for the third quarter was $12.9 million, or $0.46 per basic and diluted share. Book value per share as of September 30, 2014 was $23.79 on a diluted basis,...
Source: PR Newswire
Goldman Sachs sells $285M in hedge fund holdings

To ensure compliance with the upcoming Volcker Rule, Goldman Sachs is getting rid of its hedge fund investments, reports the New York Times.
Source: The New York Times | By: Nathaniel Popper