Funds Impacted by Earning
Fund Mojo provides investors and financial advisors with deep financial intelligence through systematic data collection, correlation and analysis, as well as a community and gateway to connect investors with peers and financial experts to help each other with investments and financial planning needs.
Latest Financial News
Friday November 20th 2009 03:13:42 PM
New Hampshire AG seeks bankruptcy for mortgage co. (AP)
Source: Yahoo! News: Business | Published on 20 Nov 2009 | 2:59 pm PSTAP - The New Hampshire attorney general's office wants to force a mortgage company that closed suddenly into bankruptcy.
Hershey mulls $17 billion solo bid for Cadbury: source (Reuters)
Source: Yahoo! News: Business | Published on 20 Nov 2009 | 2:19 pm PSTReuters - U.S. chocolate maker Hershey Co is considering launching a bid of at least $17 billion for British chocolatier Cadbury Plc as it seeks to trump a hostile offer by Kraft Foods Inc, a source familiar with the matter said on Friday.
Hershey mulls $17 billion solo bid for Cadbury: source
Source: Reuters: Business News | Published on 20 Nov 2009 | 2:19 pm PSTPHILADELPHIA (Reuters) - U.S. chocolate maker Hershey Co is considering launching a bid of at least $17 billion for British chocolatier Cadbury Plc as it seeks to trump a hostile offer by Kraft Foods Inc, a source familiar with the matter said on Friday.
UPDATE 3-Hershey mulls $17 bln solo bid for Cadbury - source
Source: Reuters: Mergers News | Published on 20 Nov 2009 | 2:16 pm PST* Hershey mulls bid of at least $17 bln for Cadbury-source
Black Friday deals may not signal retail comeback
Source: Reuters: Business News | Published on 20 Nov 2009 | 2:13 pm PSTCHICAGO (Reuters) - When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened but even more bargain hungry customers cross their thresholds.
U.S. Q3 seen revised down on widening trade deficit
Source: Reuters: Business News | Published on 20 Nov 2009 | 2:08 pm PSTWASHINGTON (Reuters) - The U.S. economy's return to growth in the third quarter was less brisk than previously thought as the trade deficit worsened and companies still aggressively cut inventories, a Reuters survey predicted.
Accused US Ponzi schemer: I learned of fraud late
Source: Reuters: Private Equity | Published on 20 Nov 2009 | 2:06 pm PSTST. PAUL, Minn., Nov 20 (Reuters) - Minnesota businessman Tom Petters made a final push on Friday to convince a federal jury he was not responsible for a $3.65 billion Ponzi scheme that bankrupted his company.
Rio's Cloud Peak down in debut, others fare better
Source: Reuters: Business News | Published on 20 Nov 2009 | 1:57 pm PSTNEW YORK (Reuters) - Investors bet on growth in the IPOs of a Chinese hotel chain and an online education company on Friday, but were less enthusiastic about a spin-off of mining giant Rio Tinto.
Hershey weighs $17 billion Cadbury bid - source
Source: Reuters: Mergers News | Published on 20 Nov 2009 | 1:55 pm PSTPHILADELPHIA, Nov 20 (Reuters) - U.S. chocolate maker Hershey Co is considering launching a bid of at least $17 billion for British chocolatier Cadbury Plc in an effort to outstrip a hostile offer by Kraft Foods Inc, a source familiar with the matter said on Friday.
Paulson's golden investors have to commit $10 million
Source: Reuters: Business News | Published on 20 Nov 2009 | 1:49 pm PSTBOSTON (Reuters) - Investors tempted to put money into star hedge fund manager John Paulson's new gold portfolio will have to commit at least $10 million and leave the money locked up for at least one year, according to a prospectus.
Paulson's golden investors have to commit $10 million (Reuters)
Source: Yahoo! News: Business | Published on 20 Nov 2009 | 1:49 pm PSTReuters - Investors tempted to put money into star hedge fund manager John Paulson's new gold portfolio will have to commit at least $10 million and leave the money locked up for at least one year, according to a prospectus.
UPDATE 1-Hershey's trust pushes for Cadbury bid -WSJ
Source: Reuters: Mergers News | Published on 20 Nov 2009 | 1:43 pm PSTNEW YORK, Nov 20 (Reuters) - The charitable trust that controls Hershey Co is pushing the company to launch a rival $17 billion bid for Cadbury Plc , the Wall Street Journal reported on Friday, citing people familiar with the matter.
UPDATE 1-Hershey's trust pushes for Cadbury bid -WSJ
Source: Reuters: Private Equity | Published on 20 Nov 2009 | 1:43 pm PSTNEW YORK, Nov 20 (Reuters) - The charitable trust that controls Hershey Co is pushing the company to launch a rival $17 billion bid for Cadbury Plc , the Wall Street Journal reported on Friday, citing people familiar with the matter.
Stocks dip as investors fret about recovery
Source: Reuters: Business News | Published on 20 Nov 2009 | 1:32 pm PSTNEW YORK (Reuters) - U.S. stocks fell for a third straight day on Friday as investors took weaker-than-expected results from computer maker Dell and homebuilder D.R. Horton as a further sign that the recovery would be anemic.
Stocks dip as investors fret about recovery (Reuters)
Source: Yahoo! News: Business | Published on 20 Nov 2009 | 1:32 pm PST
Reuters - U.S. stocks fell for a third straight day on Friday as investors took weaker-than-expected results from computer maker Dell and homebuilder D.R. Horton as a further sign that the recovery would be anemic.
Vivendi, GE agree to interim payment on NBCU stake
Source: Reuters: Mergers News | Published on 20 Nov 2009 | 12:59 pm PSTNEW YORK, Nov 20 (Reuters) - Vivendi SA and General Electric have agreed that Vivendi will be paid close to one-third of the value of its NBC Universal stake, although a value for the stake itself is still being negotiated, a person familiar with the matter said.
Vivendi, GE agree to interim payment on NBCU stake
Source: Reuters: Private Equity | Published on 20 Nov 2009 | 12:59 pm PSTNEW YORK, Nov 20 (Reuters) - Vivendi SA and General Electric have agreed that Vivendi will be paid close to one-third of the value of its NBC Universal stake, although a value for the stake itself is still being negotiated, a person familiar with the matter said.
Hospitality company Centerplate to buy Boston Culinary
Source: Reuters: Mergers News | Published on 20 Nov 2009 | 12:52 pm PSTCHICAGO, Nov 19 (Reuters) - Hospitality company Centerplate will acquire smaller rival Boston Culinary Group Inc in a move to beef up its presence in the large college market, as well as other entertainment venues, the company said on Friday.
Hospitality company Centerplate to buy Boston Culinary
Source: Reuters: Private Equity | Published on 20 Nov 2009 | 12:52 pm PSTCHICAGO, Nov 19 (Reuters) - Hospitality company Centerplate will acquire smaller rival Boston Culinary Group Inc in a move to beef up its presence in the large college market, as well as other entertainment venues, the company said on Friday.
UPDATE 4-Terra shareholders elect CF nominees to board
Source: Reuters: Mergers News | Published on 20 Nov 2009 | 12:29 pm PST* Terra shares up 5 pct, CF shares down 0.2 pct (Adds vote margin, nominee names, Agrium comment, context; updates stock prices)
UPDATE 4-Terra shareholders elect CF nominees to board
Source: Reuters: Private Equity | Published on 20 Nov 2009 | 12:29 pm PST* Terra shares up 5 pct, CF shares down 0.2 pct (Adds vote margin, nominee names, Agrium comment, context; updates stock prices)
Black Friday deals may not signal retail comeback (Reuters)
Source: Yahoo! News: Business | Published on 20 Nov 2009 | 12:18 pm PST
Reuters - When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened but even more bargain hungry customers cross their thresholds.
CORRECTED - UPDATE 3-Terra shareholders elect CF nominees to board
Source: Reuters: Mergers News | Published on 20 Nov 2009 | 12:11 pm PST(Corrects to reflect that vote tallies were of shares outstanding, removes incorrect calculation)
CORRECTED - UPDATE 3-Terra shareholders elect CF nominees to board
Source: Reuters: Private Equity | Published on 20 Nov 2009 | 12:11 pm PST(Corrects to reflect that vote tallies were of shares outstanding, removes incorrect calculation)
Ohio AG sues credit agencies for public pensions (AP)
Source: Yahoo! News: Business | Published on 20 Nov 2009 | 12:07 pm PSTAP - The three major credit ratings agencies gave mortgage-backed securities unjustifiably high ratings in return for lucrative fees, losing at least $457 million for five Ohio public employee pension and retirement funds, the state's attorney general alleged in a lawsuit filed Friday.
KKR sees smaller deals, growth investments
Source: Reuters: Mergers News | Published on 20 Nov 2009 | 12:02 pm PSTNEW YORK, Nov 20 (Reuters) - Private equity giant Kohlberg Kravis Roberts & Co said current deal opportunities include buying noncore subsidiaries from companies and providing rescue and growth capital, rather than the large public-to-privates it is known for.
KKR sees smaller deals, growth investments
Source: Reuters: Private Equity | Published on 20 Nov 2009 | 12:02 pm PSTNEW YORK, Nov 20 (Reuters) - Private equity giant Kohlberg Kravis Roberts & Co said current deal opportunities include buying noncore subsidiaries from companies and providing rescue and growth capital, rather than the large public-to-privates it is known for.
UPDATE 1-DEALTALK-Rothschild star, Buffett banker circle Cadbury
Source: Reuters: Mergers News | Published on 20 Nov 2009 | 12:00 pm PST* Hershey and Ferrero considering joint Cadbury bid (Adds detail in paragraph 15) (For more Reuters DEALTALKS, click [DEALTALK/])
U.S. Q3 seen revised down on widening trade deficit (Reuters)
Source: Yahoo! News: Business | Published on 20 Nov 2009 | 11:55 am PST
Reuters - The U.S. economy's return to growth in the third quarter was less brisk than previously thought as the trade deficit worsened and companies still aggressively cut inventories, a Reuters survey predicted.
UPDATE 3-Vivendi stake sale in NBCU hinges on price, timing
Source: Reuters: Mergers News | Published on 20 Nov 2009 | 11:41 am PST* Disagreement holds up Comcast-GE NBCU joint venture (Recasts, adds financial details, adds LONDON to dateline pvs NEW YORK/PARIS)
Ex-Vivendi CEO Messier testifies: Losses not fraud
Source: Reuters: Business News | Published on 20 Nov 2009 | 11:41 am PSTNEW YORK (Reuters) - Former Vivendi CEO Jean-Marie Messier told a U.S. jury he "never, never, never" committed fraud as he took the stand on Friday in a civil trial pitting international shareholders against the French conglomerate and former top executives.
Cautious optimism as job losses slow
Source: Reuters: Business News | Published on 20 Nov 2009 | 11:28 am PSTWASHINGTON (Reuters) - The pace of job losses slowed in many U.S. states in October, and the unemployment rate slipped in hard-hit Michigan, the Labor Department said on Friday, hinting the recession may be easing in some areas.
Hibbett Sports gains after boosting 2010 forecast (AP)
Source: Yahoo! News: Business | Published on 20 Nov 2009 | 11:21 am PSTAP - Shares of sporting goods retailer Hibbett Sports Inc. rose Friday, a day after its third-quarter results beat Wall Street expectations and it raised its 2010 profit forecast.
UPDATE 2-France expected to head EU financial services-envoys
Source: Reuters: Private Equity | Published on 20 Nov 2009 | 10:53 am PSTBRUSSELS, Nov 20 (Reuters) - A former French foreign minister is expected to take charge of financial services in the European Union, diplomats said, a move that would unsettle bankers worried he may take a hard line with the industry.
Existing home sales seen at highest since July 2007
Source: Reuters: Business News | Published on 20 Nov 2009 | 10:06 am PSTNew York (Reuters) - Sales of existing U.S. homes likely rose for second consecutive month in October, reaching their highest level since July 2007, according to a Reuters poll, as buyers scrambled to take advantage of greater affordability and a first-time home buyer tax credit.
Carlyle, CVC, others eye Gas Natural bids-sources
Source: Reuters: Private Equity | Published on 20 Nov 2009 | 9:41 am PSTLONDON/MADRID, Nov 20 (Reuters) - Carlyle, CVC and funds linked to Morgan Stanley and Macquarie are readying binding bids for Gas Natural's Madrid gas-distribution assets ahead of a Nov. 30 deadline, people familiar with the matter said on Friday.
Downbeat Dell weighs on world markets (AP)
Source: Yahoo! News: Business | Published on 20 Nov 2009 | 8:45 am PST
AP - World stock markets fell Friday amid mounting concerns about the pace of the U.S. economic recovery following a disappointing earnings update from computer maker Dell Inc.
CORRECTED - UPDATE 1-BofA markets $460 mln Fortress CMBS without Fed aid
Source: Reuters: Private Equity | Published on 20 Nov 2009 | 8:31 am PST(Corrects Nov. 19 story to show that five year maturity is TALF loan limit, not commercial loan limit)
U.S. layoffs fall in October
Source: Reuters: Business News | Published on 20 Nov 2009 | 8:10 am PSTWASHINGTON (Reuters) - The number of mass layoffs reported by U.S. employers fell last month from September, a government report showed on Friday, suggesting job losses were close to bottoming.
| Data is provided for informational purposes only, and is not intended for trading purposes. Although data are gathered from sources believed to be reliable, Fund Mojo and its content providers cannot guarantee completeness and accuracy. Performance data quoted represents past performance. Fund Mojo and its content providers accept no liability for reliance on this data. |
