Archive for December 12th, 2013

Boehner: Tea party has ‘lost all credibility’

December 12, 2013
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When John Boehner briefly lashed out Wednesday at conservative groups that had been agitating against the bipartisan budget bill, it turns out he had more to say. Much, much more.
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Officials: Drone attack mistakenly kills wedding party in Yemen

December 12, 2013
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SANAA (Reuters) – Fifteen people on their way to a wedding in Yemen were killed in an air strike after their party was mistaken for an al Qaeda convoy, local security officials said on Thursday.
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US stocks head for a third day of declines

December 12, 2013
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Wall Street’s third down day in a row pushed stocks to their lowest levels in a month as investors worried that the end may be nearing for the Federal Reserve’s support for the economy.
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Wall St. dips on taper uncertainty, Facebook rallies

December 12, 2013
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By Rodrigo Campos NEW YORK (Reuters) – Stocks dipped on Thursday as retail sales rose solidly in November, adding to signs the economy is strong enough for the Federal Reserve to begin reducing the pace of monetary stimulus.
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Interpreter at Mandela event claims illness

December 12, 2013
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Johannesburg (AFP) – The sign language interpreter at Nelson Mandela’s funeral has said a schizophrenic episode was to blame for accusations that he was an imposter who gesticulated nonsense during the entire service.
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Pope attacks mega-salaries and wealth gap in peace message

December 12, 2013
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By Philip Pullella VATICAN CITY (Reuters) – Pope Francis said in the first peace message of his pontificate that huge salaries and bonuses are symptoms of an economy based on greed and inequality and called again for nations to narrow the wealth gap.
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Nuvilex’s (NVLX) Acquisition of Cellulose-based Live-Cell Encapsulation Technology Positions Company as a Leader in Development of Next Generation Cancer and Diabetes Treatments

December 12, 2013
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December 12, 2013 / Investing in the stock market takes a calibrated eye to maximize returns. The biotechnology sector has proven time and again to deliver the type of returns that shareholders dream of, but it’s not simply a shell game of hoping to make the right guess. Savvy investors are attuned to several...
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Ahead of the Bell: Men’s Wearhouse beats Street

December 12, 2013
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Shares of Men’s Wearhouse are ticking higher after the clothier overcame a sluggish performance from its tuxedo business in the third quarter to top profit and revenue expectations on Wall Street.
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PRESS DIGEST – Wall Street Journal – Dec 12

December 12, 2013
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Dec 12 (Reuters) – The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
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Centerbridge Partners offers to buy LightSquared for $3.3 billion: WSJ

December 12, 2013
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(Reuters) – Private equity firm Centerbridge Partners LP has reached a tentative deal to buy bankrupt telecommunications firm LightSquared Inc for $3.3 billion, the Wall Street Journal reported on Wednesday, quoting people familiar with the matter.
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