The euro-zone economy all but stagnated in the third quarter with France’s recovery fizzling out and Germany’s growth slowing.
Japan’s 3Q Growth Hits Speed Bump (CNBC) After first and second quarter growth rates of 4.1 and 3.8 percent, respectively, Japan’s economic growth is expected to take a breather before revving back up in the fourth quarter of this year. According to a Reuter’s poll, Japan’s gross domestic product (GDP) will only rise by 1.7 […]
KKR & Co. (KKR), a private-equity firm led by Henry Kravis and George Roberts, agreed to buy landscape-maintenance company Brickman Group Ltd. from Leonard Green & Partners LP for $1.6 billion.
U.S. stocks rose today to bounce back from yesterday’s sell-off after an unexpectedly strong payrolls report and the U.S. economy — the world’s largest — showing increased strength. Today’s market climb helped the Dow and S&P 500 notch their fifth straight week of gains.
Twitter (TWTR) began trading today on the New York Stock Exchange under the ticker symbol TWTR and the shares are up more than 70 percent, valuing the company at more than $31 billion.
Cable operators are on track to be the most profitable investments in the media and entertainment sector this year, with 41% profit margins, according to Ernst & Young’s 2013 “Spotlight on Profitable Growth: Media and Entertainment.”