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Hottest Links: The Japanese Madoff, China’s GDP Mirage, Bitcoin ETF
Hottest links for Wednesday, 18th December, the late edition (see Tuesday’s edition of hottest links). Get our free daily newsletter (which HAS BEEN RECENTLY UPDATED) and never miss a single linkfest....
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Alibaba’s Delayed IPO Could Be Great News For Yahoo
Stifel analysts Jordan E. Rohan, Michael B. Purcell and Alex Chavdaroff reiterate Buy ratings for Yahoo! Inc. (NADAQ:YHOO) as Alibaba’s IPO process gets delayed. We believe the Yahoo sum-of-parts...
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Activist Investor Cevian Capital Takes Larger Stake In ThyssenKrupp
As activist investor Cevian Capital takes an 11% stake in European steelmaker ThyssenKrupp AG (FRA:TKA) (ETR:TKA), it punctuates the pressure being placed on the firm’s CEO, Heinrich Hiesinger. Mr....
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Juniper Networks Price Target Raised On Elliott Activism
Elliott Management revealed that it has big plans for Juniper Networks, Inc. (NYSE:JNPR), and Citi analysts apparently like the firm’s suggestions. They increased their price target for the company...
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Rio Tinto plc (RIO) Reports Strong Q4 Production
Mining giant, Rio Tinto plc (RIO), reported strong production results for the fourth quarter of 2013. The company reported rise in production of iron ore, mined copper, bauxite, hard coking coal, while...
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eBay Inc (EBAY) Announced 0.8 Percent, But Icahn Holds 2 Percent
Carl Icahn has acquired approximately 2% stake in eBay Inc (NASDAQ:EBAY), which is almost twice what the company disclosed a couple of days back, says a report from the Wall Street Journal citing a...
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Kylin Management Increases Stake In NQ Mobile Inc (NQ)
Kylin Management has increased its position in NQ Mobile Inc (ADR) (NYSE:NQ), giving it a 6.2% stake in the company, according to a recent 13G filing. Kylin already had a small stake in the company,...
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Google Inc Takes Stake In Online Startup Credit Karma
San Francisco-based online startup Credit Karma announced today it had finalized an $85 million dollar capital raising from several investors including Google Capital. According to an article in the...
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Alibaba Reveals Slower Growth, Yahoo Stock Dips
Alibaba Group updated its registration statement yesterday to include first quarter financial results, and while a slowdown in revenue growth startled Yahoo! Inc. (NASDAQ:YHOO) investors, there’s still...
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OCBC Defiant On Wing Hang Offer Despite Elliott’s Stake
In its securities filing Tuesday, OCBC, Singapore’s second-biggest bank by assets, disclosed a voluntary “no price increase” statement complicating its offer for Hong Kong lender Wing Hang Bank,...
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