Latest news for AMG Yacktman Service(YACKX) (See analysis on YACKX)
Aggregared News for AMG Yacktman Service(YACKX) from various sourcesThese Funds Could Shine in Tough Times
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Latest business news
Monday October 5th 2015: Latest financial news from the worldWall Street rises as investors eye rate hike delay, oil up
The S&P's five-day rise of 5.6 percent was its best five days dating back to late 2011. Friday's U.S. nonfarm payrolls report for September showed job growth slowed in the last three months, increasing prospects that the era of near-zero interest rates will continue for a while yet. "Wall Street's favorite movie is 'Nightmare on Your Street'.
Historic Pacific trade deal faces skeptics in Congress
Twelve Pacific Rim countries on Monday reached the most ambitious trade pact in a generation, aiming to liberalize commerce in 40 percent of the world's economy in a deal that faces skepticism from U.S. lawmakers. The Trans-Pacific Partnership (TPP) pact struck in Atlanta after marathon talks could reshape industries, change the cost of products from cheese to cancer treatments and have repercussions for drug companies and automakers. New Zealand's demand for greater access for its dairy exports was only settled at 5 a.m. EDT on Monday.
U.S. to announce resolution over 2010 BP oil spill: statement
WASHINGTON (Reuters) - The United States on Monday will announce its resolution of federal and state claims against BP PLC over the 2010 Deepwater Horizon Oil Spill, the U.S. Department of Justice said in a statement,
DuPont CEO Kullman steps down, veteran exec Breen named interim CEO
Shares of DuPont, officially known as E.I. du Pont de Nemours & Co, rose 5.6 percent to $54.17 in extended trading. Earlier this year, she fended off an attempt by activist investor Nelson Peltz's Trian Fund Management to land board seats. Before Monday's announcement, Du Pont shares were down nearly 28 percent from May 12, the day before Peltz lost his proxy battle with DuPont.
American Apparel files for bankruptcy, operations to continue
The bankruptcy filing could make American Apparel an attractive acquisition target, Lloyd Greif, chief executive of investment bank Greif & Co, said. American Apparel CEO Paula Schneider said the company was not looking to sell at any point soon. Greif said Leonard Green & Partners, Gores Group, Platinum Equity and Sequential Brands Group among others could be potential buyers.
Twitter appoints Jack Dorsey CEO, seeks new chairman
Twitter Inc named Jack Dorsey as its permanent CEO but said it would look elsewhere for a chairman, seeking to allay concerns about its co-founder's dual role as head of the mobile payments company Square. Twitter's shares rose as much as 6 percent on Monday after the announcement, which ended months of speculation about who would take the top job at the microblogging service. Dorsey has been running Twitter as interim CEO to much acclaim since his predecessor, Dick Costolo, stepped down on July 1.
Nelson Peltz's Trian takes $2.5 billion stake in General Electric
Shares of Dow industrials component GE rose 4.5 percent to $26.60 on Monday after Peltz's Trian Fund Management disclosed its roughly 1-percent stake, and said the stock could be worth $40 to $45 per share by the end of 2017. Trian, which said its biggest-ever investment also makes it a top-10 GE shareholder, said it wanted GE to cut costs to expand operating margins, explore more share buybacks including by taking on new debt, be disciplined in its acquisitions and consider ways to further scale back GE Capital.
VW has no evidence against suspended top engineers: source
By Andreas Cremer BERLIN (Reuters) - Volkswagen has not found any evidence against three top engineers suspended as part of its internal investigation into the rigging of U.S. emissions tests, a source close to the company's supervisory board told Reuters on Monday. Two sources said the German carmaker's internal inquiry had found employees began to install software designed to cheat diesel emissions tests in 2008, after realizing a new engine developed at great cost would fail to meet both U.S. emissions standards and in-house cost targets.
Alaska to be hit by Shell's decision to halt oil exploration: Moody's
Royal Dutch Shell Plc's decision last week to walk away from its $7 billion drilling effort in the Alaska Arctic could have a negative impact on the state's already struggling economy, Moody's said in a note released on Monday. Although the exploration and drilling would have occurred in federal water and would not have directly contributed to state revenues, the decision to stop the project is still "credit negative" for Alaska, the ratings agency said. Shell's decision to abandon the project was driven in part by low crude oil prices, which have fallen from their 2014 peak of $107 per barrel in June to approximately $45 currently.
U.S. service sector growth ebbs in September
Apple already blocked the first malware for non-jailbroken iPhones
5 Steps to Create an Online Business That Generates $1 Million Annually
The Internet is an extremely powerful platform that allows entrepreneurs to reach a worldwide audience. The right concept paired with the right marketing can lead to explosive growth and revenue. When asked about revenue goals, a large majority of startup founders will say, "We want to hit $1 million in revenue." It's a milestone that serves as...
Four-legged bot uses drone sidekick to avoid rough terrain
7 Lessons Your Small Business Can Learn From the Republican Primary Websites
Bet you didn't think you could learn anything (aside from which candidates want which of their family members on the $10 bill) from the Republican Party's presidential primary race. I thought this too until I started perusing the candidates' websites and realized that small business owners can learn a lot from how political candidates lay out...
Winklevoss twins get approval to run their bitcoin exchange
After several months of waiting, the Winklevoss twins (they who claim to have invented Facebook) have the all-clear to run their Gemini bitcoin exchange. New York state's Department of Financial Services ...
Pinterest expands 'Buyable Pins' e-commerce plan with IBM, retailers
Adobe's 'core' design apps are now all touch-friendly on Windows
Icahn: We Have to Go Against the Establishment in D.C.
Billionaire investor Carl Icahn explained why he is putting his support behind presidential candidate Donald Trump.
Hillary Clinton Tackles Gun Control
In a town hall meeting on Monday morning, Democratic front-runner Hillary Clinton laid out her vision for gun control before voters in Hollis, New Hampshire.
Department of Justice plans to crack down on counterfeits sold online
Nyet: Russia regulators require Google to unbundle Android apps by Nov. 18
Russia orders Google to loosen its Android policies by November 18th
A True Story: 20 Ways The Office Has Changed Since 1981
Do you ever think about how much the average office life has changed in the past 5 years alone? How about over 30 years? A friend of mine who worked for the same company for 34 years shared his most compelling reflections and short stories.I leave you to judge what has changed for the better, and what has changed for the worse ...1. There were...
Why You Don't Need An MBA to Have a DBA
It's not every day that I get to interview a performing artist turned entrepreneur, and Jaclyn Mullen's story was one of the best examples of why you don't need to have an MBA (or any degree for that matter) to launch your entrepreneurial endeavor. Why do you say you don't need an MBA to have a DBA? I came from a family of entrepreneurs. My...
One Quality That Will Make You a Better Leader
It is another busy afternoon. Your schedule is full and there is little time for you to accomplish those items on your list that demand your attention. You are waiting to hear back from the VP of Sales who is in a meeting with a key potential customer, and your next meeting is with your VP of Marketing. She is coming in to update you on the...
Sony and Verizon just scrapped the Xperia Z4v's US launch
Bud Light's connected fridge ensures you never run out of beer
There's no good time to run out of beer. And if it's going to happen, it's usually when you have friends over or your team is in a close game. To ease the frustration of drinking up all of your suds, Bud ...
Chrome OS devices can now act as programmable Bluetooth LE beacons
Are Tech Startups Losing Their Charm?
Originally posted on LinkedIn."Tech" and "startup" are popular buzzwords. Use them together, and you've got literary "synergy," the crowned king of buzzwords. These words are like fuel to a flaming conversation, blazing with interest and hype. Just 15- 20 years ago, tech startups were rare gems, and few were lucky enough to jump on the...
Microsoft to enable users to run Windows 10 on Azure
3 Easy Ways to Take Control of Your Inbox Now
Is your inbox out of control? Does the thought of even opening your mail folder fill you with stress and dread? You're not alone.Inbox overwhelm is practically a national pastime these days. We're switched on and plugged in all the time. We're constantly seeking information so we can do more, be more, achieve MORE. It's not a wonder many...
Stocks Rise as Traders Question 2015 Rate Hike
U.S. equity markets were solidly higher as traders question whether the Fed will raise rates this year after a disappointing September jobs report.
Apple Watch Hermès leather bands are now available
In case you haven't been paying attention for the last seven months or so, it's very, very easy to spend a lot of money on an Apple Watch. But if Apple's own lineup of bands and crazy expensive solid-gold ...
You'll soon watch 4K live sports with HDR... in Canada
You might think that Japan, South Korea or the US would be the most enthusiastic about 4K live sports, but nope: right now, that distinction goes to Canada. The country's largest cable firm, Rogers, has ...
Why Looking Bad Can Be Good
Over the last few months I seemed to have a problem when it came to running down hills.I kept falling down. I stumbled all over the place. With absolutely no grace.If you've ever experienced this kind of trend, you know it can get pretty old.It all began last year, when I decided to try trail running for the first time ever. I was okay going up...
Thousands of images from NASA's Apollo missions make it to Flickr
Sensor-equipped plant pods take the guesswork out of indoor gardening
Android Marshmallow begins rolling out to Nexus devices today
As expected, Nexus owners are in for a treat this week as Google's latest OS revisions begins rolling out to select devices. According to a post on the Official Android Blog, the Nexus 5, 6, 7 (the 2013 ...
Facebook outages caused by failed software updates
Survey: The best and worst enterprise apps
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