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BGC Partners to Host Investors and Analysts on Wednesday, May 30, 2012

Posted by | May 21, 2012 .

Final Reminder: BGC Partners to Host Investors and Analysts on Wednesday, May 30, 2012 PR Newswire — May 21, 2012 NEW YORK, May 21, 2012 /PRNewswire/ — Reminder – BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners,” “BGC,” or “the Company”), a leading global brokerage company primarily servicing the wholesale financial and property markets, today announced [...]

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OECD Recommendations Would “Cartelize” Mexican Telecom Market

Posted by | May 21, 2012 .

Antitrust Expert: OECD Recommendations Would “Cartelize” Mexican Telecom Market PR Newswire — May 21, 2012 WASHINGTON, May 21, 2012 /PRNewswire/ — A noted economist and antitrust expert has authored a report calling OECD’s proposed regulations to Mexico’s telecommunication market unnecessary and unsubstantiated. Worse, they would harm Mexican consumers. (Logo: http://photos.prnewswire.com/prnh/20120521/PH10381LOGO [http://photos.prnewswire.com/prnh/20120521/PH10381LOGO] ) On Monday, Criterion [...]

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Alibaba buys back stake held by Yahoo for $7.1 billion

Posted by | May 21, 2012 .

By Melanie Lee and Soyoung Kim SHANGHAI/NEW YORK | Mon May 21, 2012 10:50am EDT SHANGHAI/NEW YORK (Reuters) – Chinese Internet entrepreneur Jack Ma’s Alibaba Group is buying back up to half of Yahoo Inc’s 40 percent stake for $7.1 billion in a deal that moves the Chinese e-commerce leader closer to a public listing. [...]

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Lowe’s cuts profit outlook; shares fall

Posted by | May 21, 2012 .

By Dhanya Skariachan Mon May 21, 2012 9:58am EDT (Reuters) – Lowe’s Cos Inc (LOW.N), the world’s No. 2 home improvement chain, cut its fiscal-year earnings outlook and said demand slowed toward the end of the traditionally strong first quarter, sending its shares down nearly 10 percent. Lowe’s forecast came just days after larger rival [...]

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Yahoo shares gain on Alibaba stake sale

Posted by | May 21, 2012 .

Mon May 21, 2012 8:46am EDT (Reuters) – Yahoo Inc (YHOO.O) shares rose 6 percent in premarket trading after Alibaba Group agreed to buy back up to half of the U.S. company’s 40 percent stake in the Chinese Internet giant for $7.1 billion. The deal also clears the way for an initial public offering of [...]

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