Hedge Funds Hunker Down for Greek Debt Standoff
Hedge funds are positioning to profit from a plan to slash Greece’s towering debt pile as Athens enters final talks that could sway the country’s membership of the euro.
View full post on Yahoo! Finance: Top Stories
In: News · Tagged with: debt, Down, Funds, Greek, hedge, Hunker, Standoff
Insight: Europe’s north is bustling, its south closing down
At German car parts maker ixetic GmbH, Dragan Knezevic is struggling to keep up: His job as foreman is to make sure there are no hold ups in assembly of the parts needed to keep Audis, VWs, Toyotas and …
View full post on Yahoo! Finance: Top Stories
In: News · Tagged with: bustling, Closing, Down, Europe's, Insight, north, South
Exclusive: Sze’s $1.9 billion Azentus down 6.8 percent in 2011
Former Goldman Sachs Group Inc trader Morgan Sze’s hedge fund Azentus Capital lost 6.79 percent in 2011, two sources with direct knowledge of the matter told Reuters on Tuesday. The Hong Kong-based multi-strategy …
View full post on Yahoo! Finance: Top Stories
In: News · Tagged with: $1.9, 2011, Azentus, billion, Down, Exclusive, percent, Sze's
Asia stocks down as euro debt woes multiply
Asian stock markets faltered Friday amid worries over the health of Europe’s banks and fears that the continent’s debt crisis might be spreading beyond a handful of small economies.Japan’s Nikkei 225 Index …
View full post on Yahoo! Finance: Top Stories
In: News · Tagged with: Asia, debt, Down, Euro/, multiply, Stocks, woes
Most stock markets on holiday in Asia; Kospi down
Major stock indexes in South Korea and Taiwan fell Monday, while most other major Asian stock markets were closed for an extended New Year’s holiday.South Korea’s Kospi, which lost 11 percent of its value …
View full post on Yahoo! Finance: Top Stories
In: News · Tagged with: Asia, Down, Holiday, Kospi, Markets, Most, Stock
Asian stocks mostly down on Europe bank worries
Asian stock markets were mostly lower Thursday amid new signs of pressure on Europe’s banking system and a downturn on Wall Street.Benchmark oil lingered above $99 per barrel while the dollar rose against …
View full post on Yahoo! Finance: Top Stories
In: News · Tagged with: Asian, Bank, Down, Europe, mostly, Stocks, worries
Europe drags down General Motors’ 3Q profit
The fragile European economy is dragging down General Motors’ profits, forcing its management to look harder for cost cuts and ways to boost revenue in the struggling region.
View full post on Yahoo! Finance: Top Stories
In: News · Tagged with: Down, drags, Europe, General, Motors', Profit
Asian stocks down as Greece uncertainty swirls
Asian stock markets fell Thursday for the fourth straight day as a European deal to bail Greece out of its financial mess appeared to be on the verge of unraveling.
View full post on Yahoo! Finance: Top Stories
In: News · Tagged with: Asian, Down, Greece, Stocks, swirls, uncertainty
Asia stocks dragged down by selloff in Europe
[AP] – Asian markets opened lower Tuesday after fears of a worsening global economy sparked a session of free-falling losses in Europe.
View full post on Yahoo! Finance
In: News · Tagged with: Asia, Down, dragged, Europe, selloff, Stocks
Costco CEO Sinegal stepping down Jan. 1
[AP] – Costco Wholesale Corp. said Wednesday that its CEO Jim Sinegal plans to step down effective Jan. 1. The warehouse club chain said its board has elected the company’s current president and chief operating officer, Craig Jelinek, to take over the top job on that date.
View full post on Yahoo! Finance