Daily Wrap Up - Oct 25
Spotlight on Company Monitors; Week Ahead in Stocks; Blackstone's Float
Wall St. pay wrath thrusts directors in spotlight
Outrage over the lavish compensation that Wall Street has awarded itself for doing a crummy job is likely to increase the focus and burdens on the people who set and monitor how pay is doled out: corporate directors. Read Full Article here.
Earnings, data to determine rally's fate
Stock bulls may hit the pause button again this week if a wave of earnings due from marquee names such as Exxon Mobil and a slew of economic data offer no new incentives to extend Wall Street's seven-month rally. Read Full Article here.
Blackstone prepares Merlin float for early 2010: source
Private equity firm Blackstone is preparing to float theme park operator Merlin Entertainments next year, hoping to take advantage of buoyant equity markets, a source familiar with the situation said. Read Full Article here.
Govt-backed body to oversee JAL turnaround: report
The Japanese government plans to put a state-backed turnaround body in charge of the overhaul of Japan Airlines, the Nikkei business daily said, underlining the government's deeper involvement in the process. Read Full Article here.
Swap your Yahoo shares for Google: Barron's
Investors should swap their shares of Yahoo Inc for those of Google Inc because Yahoo's advertising revenues are on the decline while Google's are rising, Barron's reported in its October 26 edition. Read Full Article here.
EU may force BA, American to give up air slots: report
British Airways , American Airlines and Iberia may have to give up take-off and landing slots for their Oneworld transatlantic alliance to go ahead, the Financial Times reported on Monday. Read Full Article here.
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