News on Yacktman Svc Fund (YACKX)Tuesday September 16th 2014
Latest news for Yacktman Svc(YACKX) (See analysis on YACKX)
Aggregared News for Yacktman Svc(YACKX) from various sourcesShrinking Alpha
Investing in Consistent Companies at the Right Price: A Wall Street Transcript Interview with Stephen Yacktman, Chief Investment Officer and Portfolio Manager of Yacktman Asset Management
[Wall Street Transcript] - 67 WALL STREET, New York - May 13, 2014 - The Wall Street Transcript has just published its Investing Strategies Report offering timely interviews with professional portfolio managers for serious investors. ...
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Latest business news
Tuesday September 16th 2014: Latest financial news from the worldFed could hint on rate-hike plans as it prepares for policy turn
By Michael Flaherty WASHINGTON (Reuters) - The U.S. Federal Reserve on Wednesday could offer fresh clues on when it plans to begin lifting interest rates and how quickly it will move, as it prepares for a momentous policy turn after years of aggressive monetary stimulus. Although a tightening of monetary policy is not expected until mid-2015, the central bank could use a policy statement on Wednesday to lay important groundwork. In particular, speculation is rife the policy-setting Federal Open Market Committee may change its guidance on how long it is likely to keep rates near zero. ...
Asia shares rise on Fed, China policy speculation
By Wayne Cole SYDNEY (Reuters) - Asian shares were tentatively higher on Wednesday after Wall Street rebounded on speculation the Federal Reserve would maintain a pledge on low rates when a two-day policy meeting ends later in the session. The Dow hit a fresh record while the U.S. dollar took a knock after the Wall Street Journal's Fed watcher Jon Hilsenrath said the central bank would keep the words “considerable time” in its policy statement, though it might qualify them. ...
New data shows Americans' incomes still stagnant after recession
By Jason Lange WASHINGTON (Reuters) - In what has become a recurring theme in America's long slog back from the 2007-09 recession, most U.S. households again saw no noticeable increase in their income last year. A report from the Census Bureau on Tuesday showed the country's median household income edged up just $180 last year to $51,939, a gain deemed statistically insignificant. Income at the median, meaning half the country earned more and half earned less, has declined nearly $5,000 since 2007 when the nation fell into a deep downturn. ...
Credit Suisse loans under U.S. Fed scrutiny: WSJ
(Reuters) - The U.S. Federal Reserve has asked Credit Suisse Group AG to immediately address problems relating to the bank's underwriting and sale of leveraged loans, or high-interest-rate loans used by private-equity firms to finance deals, the Wall Street Journal reported, citing a source familiar with the matter. Officials at the Federal Reserve and the Office of the Comptroller of the Currency are using private communications with banks to rein in relaxed underwriting and debt-laden deals and plan to take action on a firm-by-firm basis if required, WSJ reported. (http://on.wsj. ...
Alibaba options expected to be listed on September 29: exchanges
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Investors looking to hedge their bets or speculate on the direction of Alibaba Group's stock after its expected public sale of shares on Friday, will be able to trade its options in two weeks, as U.S. options exchanges are expected to list contracts on the company. The Chinese e-commerce company's options will be listed on CBOE Holdings Inc and International Securities Exchange Holdings' options exchanges on Sept. 29, pending the company's public sale of shares this week, the exchanges said on Tuesday. ...
Microsoft boosts dividend 11 percent, adds new directors
SEATTLE (Reuters) - Microsoft Corp on Tuesday announced the smallest percentage increase in its quarterly dividend since 2009 and appointed new directors to replace two board members who decided not to seek re-election. The increase, 11 percent to 31 cents per share, is in line with the software company's revenue growth last fiscal year but half of last year's 22 percent hike. Microsoft, like rival Apple Inc , has been under pressure from activist shareholders to hand back more of its vast trove of cash, which increased 11 percent to almost $86 billion over the past 12 months. ...
New York says Barclays move to toss fraud case should be denied
By Herbert Lash NEW YORK (Reuters) - The New York attorney general on Tuesday rebutted Barclays Plc's motion to dismiss the state's lawsuit alleging fraud in how it ran a private trading platform, calling the arguments in the petition "misguided" and "disingenuous." New York Attorney General Eric Schneiderman again blasted Barclays for allegedly not protecting customers from "high-frequency" traders in its trading venue, despite repeated assurances to clients by the bank that it was doing so. ...
Boeing-Lockheed venture wins $938 million in U.S. rocket launch deal
WASHINGTON (Reuters) - United Launch Alliance, a joint venture of Boeing Co and Lockheed Martin Corp , has won a contract from the U.S. Air Force for $938 million in additional work on military rocket launch services, the Pentagon said on Tuesday. The modification of the company's existing contract runs through Sept. 30, 2015, the Defense Department said in its daily digest of major weapons contracts. ...
Adobe revenue forecast misses, shares slip
By Abhirup Roy (Reuters) - Photoshop maker Adobe Systems Inc's forecast disappointing revenue for this quarter and reported lower quarterly sales at its digital media business, which includes the Creative Cloud software suite. Adobe shares fell nearly 5 percent in extended trading. The company said it expected adjusted profit of 26-32 cents per share on revenue of $1.03 billion-$1.08 billion for the quarter ending November. (http://adobe.ly/1wonw8I) Analysts on average were expecting an adjusted profit of 31 share on revenue of $1.09 billion, according to Thomson Reuters I/B/E/S. ...
U.S. auto regulators defend role in GM recall after report
By Susan Heavey and Julia Edwards WASHINGTON (Reuters) - Federal auto safety regulators came under scrutiny in a Senate hearing on Tuesday for their role in General Motors' failure to promptly report and recall cars with defective parts that led to at least 19 deaths. A report released by a House committee earlier on Tuesday said officials at the National Highway Traffic Safety Administration repeatedly failed to identify the potential problems with the faulty ignition switches and could have acted more quickly to catch the problem. ...
iPhone Overtime: Your questions about the iPhone 6 and 6 Plus, answered
Tomorrow Daily 052: Cheetah-bot goes off-leash, the coolest 'Star Wars' house ever, and more
On today's show, Khail and Ashley panic a little about cheetah-bot's untethered evolution, gush about the amazing Korean home inspired by "Star Wars," and send high fives to Mangetsu-man, a Japanese superhero cleaning up the streets of Tokyo.>
Apple toughens iCloud backup security
Lyft brings carpool feature to Los Angeles, despite dispute
George the goldfish gets life-saving tumor surgery
How ZTE plans to woo US consumers: Go big, go cheap
Google hires former Qualcomm exec to speed up Fiber
Why Do You Eat the Food You Eat?
What we eat and don't eat is largely a result of what group we belong to," according to an article titled Food and Ethnic Identity, by Robert A. Leonard Ph.D. and Wendy J. Saliba, MA,MBA.I met Dr. Leonard when we sat next to each other at a dinner at Hofstra University for the instructors of the Hofstra Continuing Education (CE) program....
Panasonic CM1 marries Android phone to slim camera
NASA taps SpaceX, Boeing to carry astronauts to space
How to Beat Resistance and Start Doing What You Want to Do!
We all experience resistance everyday when we're trying to do something that matters. Whether you want to sit and meditate, work on a new project, get out and exercise, whatever it is that is in the direction of growth, resistance comes alive. In my next book Uncovering Happiness (can't wait to share it with you - January, 2015), I explore some...
The 404 Show 1,552: Don't bring Surge back, PS4 Nike Air Jordans have HDMI ports (podcast)
Today we're pleading with Coca-Cola NOT to bring Surge back, walking in the wrong Chinese sidewalk lane, and dissecting custom made PS4 Nike Air Jordans that inexplicably come with an HDMI port in each sneaker.>
Round two of Microsoft layoff expected Thursday
'Back to the Future' Air Mag shoes can be yours for under $100
Gamer idol Jennifer Hale to prove Everyone Games at GX3
What to expect when upgrading to iOS 8
Apple's new operating system for the iPhone and iPad includes changes to notifications, messages, shortcuts and Siri. Before downloading the update, you'll need to clear some space. Also, Facebook makes it easier to tidy up your app settings.>
Managing the New Ambitious: Leading Teams in Today's Entrepreneurial Minded World
American business had at one time been notorious for its structures and fences, often the fodder and theme for television shows, media and entertainment. Employees and teams followed suit. We logged in, punched the clock, stayed within the lines, as we did our jobs. Career growth and evolution happened in the same linear fashion. We climbed the...
Scottish Independence and Our Political Natures
Image courtesy of maria_navarro_sorollaThe only mention of Scotland in Avi Tuschman's Our Political Nature is a reference to the dangers of inbreeding among Hebridean bumblebees, yet the author's anthropological examination of what divides groups in societies offers plenty of food for thought as Scots consider whether to break their 300 year...
How the Law Is Changing Online Reviews
Local businesses have a love/hate relationship with Yelp. On one hand, having an active Yelp page with great reviews can be a real boon. But just a few irate customers can sink a company's reputation on the site - a study sponsored by Merchant Warehouse found that a restaurant with 3.5 stars was 21% more likely to sell out than a restaurant...
Nvidia amps up Shield Tablet with 4G LTE, more storage
You've Changed! Why Didn't They Notice?
It's much harder to change others' perceptions of our behavior than it is to change our own behavior. People's perceptions of us are formed when they observe a sequence of actions that we take that resemble one another. When other people see a pattern of resemblance, that's when they start forming their perceptions of us.For example, one day...
Internet's security bug tracker faces its 'Y2K' moment
From critical exploits to the tiniest bug, all security holes receive a tracking number through the US government. The system is being revamped to handle the ever-growing number of bugs, but the cure could create problems of its own.>
Dish grabs new cache of channels for TV service aimed at cord-cutters
Buy a spare Mars Viking lander project rocket engine
Man demands iPhone 6 as dowry, report says
Homeless, wearing GoPros, capture 'life as it is rarely seen'
LG renews deal with Immersion on touch-feedback tech
Google Views' growth means death for longtime photo-sharing service
Get GiliSoft Private Disk (Win) for free
Netflix books Judd Apatow original show, another volley at HBO
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