Latest news for BlackRock Global Allocation Inv A(MDLOX) (See analysis on MDLOX)
Aggregared News for BlackRock Global Allocation Inv A(MDLOX) from various sourcesGiving Global Macro Funds a Second Glance
3 Chicken Ways to Rebalance
[Morningstar] - While rebalancing in a pure form will do a better job of controlling risk, these strategies can help add a contrarian tilt to a portfolio.
Where Are Top Go-Anywhere Managers Going?
What Is Your Emerging-Markets Allocation?
[video] Stattman likes bullish story of Bank of Japan
[video] Pro defensive on bonds
Latest business news
Friday May 22nd 2015: Latest financial news from the worldStocks get that Friday feeling as stimulus trumps growth concern
Global stocks rose and bond yields fell on Friday, as investors shrugged off slowing global growth and focused instead on the continued stimulus provided by the world's major central banks. Wall Street's record high on Thursday lifted Asian stocks on Friday, a day that will be packed with key European and U.S. economic data as well as speeches from Federal Reserve chair Janet Yellen and European Central Bank president Mario Draghi. Boosted by hopes of further central bank stimulus, it has risen 45 percent in only six weeks.
Mazda, Subaru, Mitsubishi add 710,000 cars to Takata air bag recall
Japan's Mazda Motor Corp , Fuji Heavy Industries Ltd and Mitsubishi Motors Corp said on Friday they would recall about 710,000 more cars equipped with air bag inflators made by parts supplier Takata Corp . The recalls follow similar moves last week by other Japanese automakers to replace Takata's inflators. Regulators have linked six deaths worldwide to defective Takata air bags which exploded too violently and shot shrapnel into vehicles.
HP sells $2.3 billion China unit stake to forge partnership with Tsinghua Unigroup
Hewlett-Packard Co will sell a controlling 51 percent stake in its China-based data-networking business to China's Tsinghua Unigroup for at least $2.3 billion, forming a partnership designed to create a Chinese technology powerhouse. State-backed Tsinghua Holdings' subsidiary Unisplendour Corp Ltd will acquire 51 percent of HP's H3C Technologies for at least $2.3 billion, Unisplendour said in a statement to the Shenzhen stock exchange late on Thursday. The U.S. company also said in a statement on Thursday it will form a partnership with Tsinghua Holdings, affiliated with China's elite Tsinghua University, to create a group in China to house H3C's networking operation alongside its China-based server, data-storage and technology-services businesses.
Greece sees reforms deal with lenders in next 10 days
Greece expects to reach a cash-for-reforms deal with its creditors in the next 10 days and aims to meet all its payments in June, the government's spokesman said on Friday, after the prime minister met with EU leaders. German Chancellor Angela Merkel and French President Francois Hollande held talks on the sidelines of an EU summit in Riga late on Thursday with Prime Minister Alexis Tsipras, hoping to speed the resolution of Athens' debt crisis. "We think conditions have matured for (talks) to progress further and in the next 10 days, in May, for the deal to be sealed," government spokesman Gabriel Sakellaridis told Skai TV.
Charter in talks with Time Warner Cable over bid likely above $170 per share: WSJ
(Reuters) - Charter Communications is in talks with Time Warner Cable about a bid that is likely to be well above the $170 per share expected by some analysts, the Wall Street Journal reported, citing people familiar with the matter. Charter had bid about $132.50 per share, or $37.3 billion, for Time Warner Cable last year before being beaten by Comcast Corp , whose all-stock deal was initially worth $158.82 per share. Comcast abandoned its $45 billion offer for Time Warner Cable last month after U.S. regulators raised concerns the deal would have given Comcast an unfair advantage in the cable TV and Internet-based services market.
China-backed AIIB sets target to be operational by year-end
SINGAPORE/NEW DELHI (Reuters) - China-backed Asia Infrastructure Investment Bank (AIIB) on Friday set an ambitious target to become operational by the end of the year after a three-day meeting of prospective founding member nations in Singapore. AIIB said in a statement that the meeting finalised the articles of agreement, which are expected to be ready for signing by the end of June, but did not give details. China's share in the $100 billion lender would be less than 30 percent, an Asian delegate told Reuters.
Monte Paschi signs underwriting agreement with banks for cash call
Banca Monte dei Paschi di Siena said on Friday it had signed an underwriting agreement with a pool of banks to subscribe to the lender's planned 3-billion-euro rights issue. The banks agreed to guarantee, severally but not jointly, the subscription of any shares not taken up in the issue after the offer of any unexercised rights, Monte Paschi said. AXA Group and AXA Mutuelles have agreed to take up new shares in line with the stakes they currently in the bank, Monte Paschi said.
U.S. drivers yield 'swing' oil demand crown to Saudis
As the United States raced over the past five years toward becoming a global petroleum powerhouse, the world's biggest oil exporter Saudi Arabia quietly seized a market milestone from America: the largest source of peak summer demand. From June through August, when temperatures in Riyadh routinely rise above 100 degrees Fahrenheit (38 degrees Celsius), Saudi Arabia diverts as much as a tenth of its crude output to fuel power plants that run full tilt to meet surging demand from air conditioners. The result is that Saudi Arabia's winter-to-summer "swing" in oil consumption has eclipsed that of the United States, where gasoline consumption jumps by as much as 10 percent every summer as millions of families take advantage of school holidays and warm weather to embark on the classic American road trip.
House panel issues subpoena to Fed over 2012 information leak
The chairman of a congressional committee on Thursday subpoenaed Federal Reserve documents and communications related to a 2012 leak of monetary policy information, ramping up his attack of the central bank's handling of the case. Jeb Hensarling, a Republican of Texas who chairs the U.S. House of Representatives Financial Services Committee, said in a release that the Fed failed to comply with document requests from the panel in connection with market-sensitive information that was leaked to a private financial newsletter. The leak involved Medley Global Advisors, a research firm that unveiled details of a September 2012 Fed meeting a day before the central bank's own record of the discussions was made public.
Wal-Mart to bring in-house some sourcing handled by Li & Fung
The move to buy more goods directly from factories comes as Wal-Mart, hampered by sluggish sales and profits, looks to squeeze costs out of its supply chain. "We have made a business decision to transfer certain sourcing functions for Wal-Mart in-house, and as such will work collaboratively with DSG to ensure a smooth transition over the next several months," Wal-Mart said in a statement. Wal-Mart said it would continue to use DSG for sourcing products for Sam's Club, a unit that sells products in bulk and competes with Costco Wholesale Corp .
Bank of England keeps interest rates steady
LONDON (AP) — The Bank of England has kept interest rates steady as it remains cautious about Britain's economic recovery.
Tsu introduces "open web" to increase royalty payments for viral content creators
DevOps: Is it about efficiency or just saving money?
Uber's experimental cars are driving around Pittsburgh
Is this the flag that could represent Earth to the stars?
Opal card data handed over to NSW Police, Immigration
Australian government proposes spectrum sharing and trading
Help these 30-year-old Intellivision games live again on PC
One of the biggest problems facing video games as an artistic medium is one of preservation. Thanks to HD remasters, digital distribution and the Internet Archive that's becoming less of an issue. But ...
Skin that can see is octopus camouflage superpower
eBay testing buyer loyalty program in Germany
The Big Picture: Say hello to NASA's 'nastiest' star
NASA's "Nasty 1" isn't like other stars. Bigger than our Sun but barely older than humanity itself, this unusual celestial body sits just about 3,000 light years away from Earth. And while it's ...
Brain implants control robot arm well enough to grab a beer
A paralyzed man named Erik Sorto has finally been able to drink beer on his own after 13 years, and it's all thanks to a robotic arm controlled solely by his mind. If you've been following our robotics ...
Dallas Buyers Club piracy letters won't be sent for months
The law firm representing Dallas Buyers Club LLC has indicated it could be two months before some 4,700 Australians begin receiving letters over allegedly illicitly downloading the film of the same name.
Thunder Networking records poor Q1 performance
Apple Transit maps could be coming to iOS 9
Government invests NZ$360m in broadband rollouts
Letting humans crowdsource a message to aliens can't possibly go wrong (Tomorrow Daily 182)
On today's show, Khail and Ashley cover a variety of future tech crowdfunding efforts, including an updated satellite time capsule for alien life forms, fabric made by 3D printing liquids onto metal molds, and a basic cell phone that can only make or receive calls.
SFW 'Playboy Now' app is only here for the articles
19 million people visit Playboy.com every month, 80 percent of which reportedly coming via mobile devices. In response to that demand, Playboy magazine has released a new mobile-centric app that gives ...
Firefox will look at your history to show Suggested Tile ads
Google reportedly developing 'Brillo,' an OS for the Internet of Things
Kanye vs. Code? Rapping computer is almost ready to battle
The new Spotify: Part tunes, part TV, part fortune-teller
Razer's latest gaming mouse mat is a light-up wonderland
Think your mouse pad is a little lifeless? Razer thinks it can spruce things up. Its new Firefly gaming mat is ringed with customizable lighting that can glow and pulse in 16.8 million colors. It'll even ...
This week's YouTube hit: How to scare a charging bear
Google Maps: offensive search results came from 'online discussions'
Google is constantly scraping the internet to fill out its search results, but apparently using crowdsourced information can have its drawbacks. Over the last couple of days word spread that searching ...
Using intentions to control a robotic prosthetic
Microsoft to bring Outlook.com, Outlook closer together
eWay builds community support for customers with Salesforce
'Ballistic Wallpaper' bombproofs US combat shelters
At a recent DoD Lab Day, the US Army Corps of Engineers Engineer Research and Development Center (ERDC) unveiled a unique defensive product. Dubbed "ballistic wallpaper," this amalgamation of ...
Real-life Predator blade gauntlet is the stuff of nightmares
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