Archive for August, 2014

Bearish outlook on lower CPO price, lack of fresh leads

August 31st, 2014

Bearish outlook on lower CPO price, lack of fresh leads
THE outlook is bearish for the local stock market this week, going by its continuous flat performance last week, especially on the back of falling crude palm oil (CPO) price and the absence of any new fresh leads. Last week’s performance has been deemed “disappointing” by many analysts. “Last week has been a disappointment when it comes to midcap stocks, especially with the CPO price dipping below RM2,000 per tonne, when just a couple of weeks ago it was trading at RM2,700 per tonne,” said an analyst.
Source
Stock Markets News Headlines – Yahoo! News

UPDATE 1-'Guardians of the Galaxy' wins weekend, tops this year's box office universe

August 31st, 2014

UPDATE 1-'Guardians of the Galaxy' wins weekend, tops this year's box office universe
LOS ANGELES/NEW YORK, Aug 31 (Reuters) – The “Guardians of
the Galaxy” misfits reached a new box office stratosphere over
the U.S. Labor Day weekend, soaring past fellow Marvel hero
“Captain America” to become the highest-grossing domestic movie
of 2014.
Source
Reuters: Media

'Guardians of the Galaxy' wins weekend, tops this year's box office universe

August 31st, 2014

'Guardians of the Galaxy' wins weekend, tops this year's box office universe
LOS ANGELES/NEW YORK, Aug 31 (Reuters) – The “Guardians of
the Galaxy” misfits reached a new box office stratosphere over
the U.S. Labor Day weekend, soaring past fellow Marvel hero
“Captain America” to become the highest-grossing domestic movie
of 2014.
Source
Reuters: Media

Passive funds an active threat for Europe's fund managers

August 31st, 2014

Passive funds an active threat for Europe's fund managers

Warren Buffet leaves the first session of the annual Allen and Co. conference at the Sun ValleyBy Simon Jessop and Nishant Kumar LONDON (Reuters) – Warren Buffett built a fortune of nearly $60 billion from astute stock picking, but when the 83-year-old dies, the vast majority of the money he leaves his wife will be parked in a fund that simply moves in step with an index. The afterlife plans of the man nicknamed the Sage of Omaha, revealed in a letter to his investors earlier this year, underline a sea change afoot in the investment industry. Fed up with high fees and poor performance, investors are increasingly shunning active fund managers who promise to beat the stock market in favor of cheaper, passive funds, which simply track it. Such funds account for about a quarter of the money invested in the UK stock market, up from 15 percent a decade ago.

Source
Business News Headlines – Yahoo! News

Why Buffett's son bought Rosa Parks archive

August 31st, 2014

Why Buffett's son bought Rosa Parks archive
Read full story for latest details.
Source
Latest financial news – CNNMoney.com

Sports betting vs. the stock market

August 31st, 2014

Sports betting vs. the stock market
Sports gamblers have lots in common with stock market investors.
Source
Latest financial news – CNNMoney.com

Oklahoma Joe's Restaurant Comes Home

August 31st, 2014

Oklahoma Joe's Restaurant Comes Home

Oklahoma Joe’s, in Kansas City, is changing its name after 17 years in business. It’s time to claim the name of the city they are famous for.

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Business

PRESS DIGEST-Sunday British Business – AUG 31

August 31st, 2014

PRESS DIGEST-Sunday British Business – AUG 31
LONDON, Aug 31 (Reuters) – British newspapers reported the
following business stories on Sunday. Reuters has not
independently verified these media reports and does not vouch
for their accuracy.
Source
Reuters: Media

Insight – Passive funds an active threat for Europe's fund managers

August 31st, 2014

Insight – Passive funds an active threat for Europe's fund managers

Warren Buffet leaves the first session of the annual Allen and Co. conference at the Sun ValleyBy Simon Jessop and Nishant Kumar LONDON (Reuters) – Warren Buffett built a fortune of nearly $60 billion (36.14 billion pounds) from astute stock picking, but when the 83-year-old dies, the vast majority of the money he leaves his wife will be parked in a fund that simply moves in step with an index. The afterlife plans of the man nicknamed the Sage of Omaha, revealed in a letter to his investors earlier this year, underline a sea change afoot in the investment industry. Fed up with high fees and poor performance, investors are increasingly shunning active fund managers who promise to beat the stock market in favour of cheaper, passive funds, which simply track it. Such funds account for about a quarter of the money invested in the UK stock market, up from 15 percent a decade ago.

Source
Stock Markets News Headlines – Yahoo! News

Passive funds an active threat for Europe's fund managers

August 31st, 2014

Passive funds an active threat for Europe's fund managers

Warren Buffet leaves the first session of the annual Allen and Co. conference at the Sun ValleyBy Simon Jessop and Nishant Kumar LONDON (Reuters) – Warren Buffett built a fortune of nearly $60 billion from astute stock picking, but when the 83-year-old dies, the vast majority of the money he leaves his wife will be parked in a fund that simply moves in step with an index. The afterlife plans of the man nicknamed the Sage of Omaha, revealed in a letter to his investors earlier this year, underline a sea change afoot in the investment industry. Fed up with high fees and poor performance, investors are increasingly shunning active fund managers who promise to beat the stock market in favor of cheaper, passive funds, which simply track it. Such funds account for about a quarter of the money invested in the UK stock market, up from 15 percent a decade ago.

Source
Stock Markets News Headlines – Yahoo! News