Can’t-miss stories from the web
Blockbuster aerospace deal rattles investors
If completed, the merger of EADS and BAE Systems would create a behemoth with a market value of almost $50-billion, annual revenue of more than $90-billion and a staff of 220,000 people worldwide.
Gold should hit $2000 within 12 months, say producers.
NuVista Energy just begging for acquisition
A freshly streamlined asset base makes the Calgary energy firm a ripe takeover target.
Chinese slowdown delivers tide of fraud victims
China’s shadow bankers are fleeing or committing suicide, leaving scores of hapless investors in their wake.
Greece: “We don’t need a third bailout”
IMF official: “Do so”.
South African mining situation goes from worse to horrible
Thousands of armed miners rally in Rustenburg, vow to “bring the mining companies to their knees”.
Investing in actively managed funds?
That’s fine. But if the returns suck, you’ve got only one person to blame.
Norwegian VC fund targets the oil patch
Energy Ventures AS has enlisted former Peters & Co. research head Andrew Boland to track down early-stage oilfield services technology companies in which to invest.
Playing defense hasn’t helped hedge funds
"Don’t fight the Fed… regardless of fundamentals" should be the hedgie mantra.
Australia takes on high-frequency traders
The Aussie plan: Hit them where it hurts.