INVESTMENT

Why Corporate Profit Margins Must Fall [CHART]

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It's almost unthinkable that the U.S. government will continue to sustain current levels of spending, and the reduction will lead to diminished profit margins of companies, asset manager James Montier of GMO writes.

Hedge fund Third Point files Yahoo board challenge

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Activist hedge fund Third Point on Wednesday filed a proxy statement with regulators seeking to install its own slate of directors on Yahoo Inc's board after criticizing the Internet company's recent appointees to the board.
HTC Beats Set to Acquire MOG

HTC Beats Set to Acquire MOG

Beats Electronics, majority-owned by HTC, is close to acquiring digital music subscription service MOG for an undisclosed sum, according to an anonymous source familiar with the matter.
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Prince Johan Friso and Mabel Wisse Smit

Dutch Prince Johan Friso: Mabel Wisse Smit Marriage And Other Royal Family Problems

The Dutch Royal family is trying to return to their normal routines following Prince Johan Friso's avalanche accident on February 17th. Queen Beatrix, Johan Friso's mother, returned to her royal duties at the beginning of March, attending a meeting with the Prime Minister, and later opening up the new Explosive Ordnance Barracks in Soesterberg.
A "Rose in the Desert"?

Asma al-Assad: Modern Day Marie Antoinette?

French Queen Marie Antoinette -- who historically bears the brunt of having uttered the four words, summing up the obliviousness of the French monarchy to the poverty of the peasants, prior to the French revolution -- may have found her modern day avatar in the Syrian first lady Asma al-Assad. Upon learning that her subjects had no bread to eat during the famine that occurred in France due to the mismanagement of treasury, Antoinette, wife of Louis XVI of France, famously remarked: Let them ...
Goldman Sachs

Goldman Sachs Cuts Jobs: Report

Goldman Sachs Group Inc has started reducing employees in the trading and investment banking divisions, it has been reported.
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Zayo Group to Take AboveNet Private for $2.2 Billion

Privately held Zayo Group LLC agreed to buy rival AboveNet Inc, a provider of broadband connections to big companies and carriers, for about $2.2 billion to tap into the galloping demand for fast data services.
Amnesty International calls on Asma al-Assad, wife of embattled Syrian president, to use influence to defend rights of all peaceful activists

Asma Al-Assad: Syrian First Lady Faces EU Sanctions, Writes 'I Am The REAL Dictator'

Asma al-Assad, the 38-year-old wife of Syrian regime leader Bashir al-Assad and a former investment banker, will likely join 114 other Syrians on a list of sanctioned individuals by the European Union, freezing her assets to preventing shopping, travel and other commerce in foreign countries; meanwhile, reports emerge of Assad's emails to friends where she boasts of the power of the Syrian regime, and that she is the real dictator.
Traders work on the floor of the New York Stock Exchange

Now The Problem Is Corporate Profits!

The conclusion is that the equity market is cheap relative to earnings. Hence, the market is priced to absorb a potential softening in earnings rather than being priced to perfection.
The euro zone saw a trade surplus after four months of gains.

EU Considers New Controls For Shadow Banking Sector

The European Commission is widening its regulatory sweep to include "shadow" banking, heralding new controls over the sprawling and largely unchartered 46 trillion euro ($61 trillion) sector blamed for helping trigger the financial crisis.
New York Fed president William Dudley

Fed's Dudley: Dovish Tone Rekindles Hope Of QE3

The head of the Federal Reserve's New York branch said the U.S. economy isn't in the clear yet, but recent data have been a bit more upbeat, giving investors renewed hope of a fresh round of quantitative easing.
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Report: Will Colombia Face a Slowdown?

Colombia was one of the best performing emerging markets last year, growing by around 6 percent, and it should continue to do well over the coming years. However there are three reasons to think that the current pace of growth is unsustainable according to Capital Economics.
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China to Become Leading Smartphone Market in 2012, Beating U.S.

According to market figures released by research firm IDC, China is bound to overtake the U.S. in smartphone shipments by the end of 2012, becoming the leading market. IDC’s latest Worldwide Quarterly Mobile Phone Tracker forecast that China’s smartphone market will climb from 18.2 percent in 2011 to 20.7 percent in 2012, while U.S.’ market would drop from 21.3 to 20.6 percent over the same timeframe.
IMF Chief

Global Economy on Recovery Path: IMF

Though there are signs of recovery, the debt crisis in the developed markets and rising oil prices add to the risk factors looming large over the global economy.

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