Princeton Newswire

Princeton Newswire

Comprehensive Real-Time News Feed for Princeton, NJ.

Results 1 - 20 of 48 for "u:bloomberg.com" in Princeton, NJ

  1. The Riddle of the Wall Street Brain DrainRead the original story w/Photo

    Wednesday Aug 17 | Bloomberg

    Nowadays, if you're a smart college graduate, Silicon Valley and its tech-startup scene is the hot place to be. But 10 years ago, it seemed like everyone with a brain and big ambitions wanted to go to Wall Street.

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  2. Couche-Tard Has Cash Cushion to Add CST in Its Largest Deal YetRead the original story w/Photo

    Wednesday Aug 17 | Bloomberg

    Alimentation Couche-Tard Inc. has the track record and access to more than enough cash and debt to pull off a purchase of rival CST Brands Inc. in what would be the biggest deal yet for the acquisitive Canadian retailer, investors said. Couche-Tard is the front-runner to buy CST Brands in a purchase valued at more than $3.4 billion, The Wall Street Journal reported late Monday.

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  3. Who Will Replace Rajan at India's RBI? A Not-So Short ListRead the original story w/Photo

    Tuesday Aug 16 | Bloomberg

    Raghuram Rajan's term as governor of the Reserve Bank of India expires Sept. 4 and a replacement may be announced as early as this week.

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  4. Gasoline Traders Get Paid to Take a Spin on Colonial's PipelineRead the original story w/Photo

    Thursday Aug 11 | Bloomberg

    With the U.S. Northeast drowning in a gasoline glut, companies have resorted to paying others to use their space on the Colonial Pipeline. Colonial requires customers to move product to maintain their shipping rights on the nation's largest refined products line, which carries gasoline from Gulf Coast refineries to the New York area.

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  5. Cole Said to Approach Ex-Goldman Colleagues to Start VentureRead the original story

    Wednesday Jul 27 | The Washington Post

    Chris Cole, the former co-chairman of investment banking at Goldman Sachs Group Inc., has begun a new venture to advise companies on mergers and acquisitions, according to people familiar with his plan. Cole, 57, has approached former Goldman Sachs colleagues to work with his firm, said the people, who asked not to be identified discussing his private plans.

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  6. Cole Said to Approach Ex-Goldman Colleagues to Start VentureRead the original story

    Wednesday Jul 27 | The Washington Post

    Chris Cole, the former co-chairman of investment banking at Goldman Sachs Group Inc., has begun a new venture to advise companies on mergers and acquisitions, according to people familiar with his plan. Cole, 57, has approached former Goldman Sachs colleagues to work with his firm, said the people, who asked not to be identified discussing his private plans.

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  7. Schwab Sees Cap on Yields Amid Second Weekly Treasuries DeclineRead the original story

    Jul 22, 2016 | The Washington Post

    Charles Schwab Corp. joined a growing list of Wall Street firms predicting Treasury yields will stay low following a record-setting rally, even as U.S. debt is on pace for its second-straight weekly decline. Morgan Stanley and Northern Trust Corp. are among those who said this week that yields could set fresh lows in the months ahead.

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  8. Schwab Sees Low Yields as Fund Managers Stock Up on TreasuriesRead the original story

    Jul 21, 2016 | The Washington Post

    Charles Schwab Corp. said Treasury yields will stay low following a record-setting rally as a survey showed money managers own the most U.S. debt since the start of May. "Yields may have hit generational lows, but it's unlikely they will rise sharply or substantially any time soon," Kathy A. Jones, who's in charge of interest rate and currency analysis for the San Francisco-based brokerage, wrote on the company's website Wednesday. "The forces holding yields down -- slow growth, deflationary pressure from abroad, a firm dollar and demographic trends -- are likely to remain intact."

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  9. Taper Tantrum Memory Doesn?t Fade for MainStay Muni Fund ManagerRead the original story

    Jul 19, 2016 | The Washington Post

    MainStay Investments is increasing the percentage of cash held in its municipal bond mutual funds as a hedge against the risk of investor redemptions if the outperforming tax-exempt market turns. It's $2.7 billion high yield muni fund has raised its cash level to as much as twice its normal range for liquidity, said David Dowden, a managing director who helps oversee about $19 billion of local debt at Princeton, New Jersey-based MacKay Municipal Managers, the fund's sub-adviser.

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  10. Taper Tantrum Memory Doesn't Fade for MainStay Muni Fund ManagerRead the original story w/Photo

    Jul 19, 2016 | Bloomberg

    MainStay Investments is increasing the percentage of cash held in its municipal bond mutual funds as a hedge against the risk of investor redemptions if the outperforming tax-exempt market turns. It's $2.7 billion high yield muni fund has raised its cash level to as much as twice its normal range for liquidity, said David Dowden, a managing director who helps oversee about $19 billion of local debt at Princeton, New Jersey-based MacKay Municipal Managers, the fund's sub-adviser.

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  11. Cheap Gold Mines Disappear as Bullion Buyers SplurgeRead the original story w/Photo

    Jul 2, 2016 | Bloomberg

    So much for the run on cheap gold mines. Producers who were forced by slumping prices to unload assets last year are regaining leverage.

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  12. Cheap Gold Mines Disappear as Buyers Splurge for Surging BullionRead the original story

    Jun 30, 2016 | The Washington Post

    So much for the run on cheap gold mines. Producers who were forced by slumping prices to unload assets last year are regaining leverage.

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  13. Gold Pinned to Brexit Angst as Traders See $1,350 If Leave WinsRead the original story

    Jun 16, 2016 | The Washington Post

    Polls show Britons will vote next week to exit the European Union, and that has gold traders betting the precious metal will be more valuable. Prices will rally to the highest in more than two years if the so-called Brexit campaign succeeds on June 23, reaching $1,350 an ounce within a week of the vote -- about 3 percent above current levels, according to a Bloomberg survey of 22 traders and analysts.

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  14. Gold Pinned to Brexit Angst as Traders See $1,350 If Leave WinsRead the original story

    Jun 16, 2016 | The Washington Post

    Polls show Britons will vote next week to exit the European Union, and that has gold traders betting the precious metal will be more valuable. Prices will rally to the highest in more than two years if the so-called Brexit campaign succeeds on June 23, reaching $1,350 an ounce within a week of the vote -- about 3 percent above current levels, according to a Bloomberg survey of 22 traders and analysts.

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  15. NRG Energy, Dynegy Drop as UBS Sees Risk of Weaker PJM MarketRead the original story

    Jun 9, 2016 | The Washington Post

    NRG Energy Inc. and Dynegy Inc. slid after UBS Group AG lowered its rating on the two independent power producers, saying the market was overlooking a drop in payouts as well as the potential for "continued weakness" from the biggest U.S. grid. NRG, based in Princeton, New Jersey, dropped as much as 9.7 percent, the steepest one-day decline since Feb. 11. The stock was down 7.2 percent at $16.50 at 11:09 a.m. in New York.

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  16. Wall St Vet Wins Majority of Ballots in Peru Knife-Edge VoteRead the original story w/Photo

    Jun 9, 2016 | Bloomberg

    After four days of tense counting, Pedro Pablo Kuczynski, a 77-year-old former finance minister and Wall Street veteran, has won the majority of votes in Peru's presidential election, vowing a liberal, internationalist approach, including issuing bonds, cutting taxes and building roads and water systems. In the closest such race in the country's history, Kuczynski had 50.12 percent of votes with all the ballots processed, compared with 49.88 percent for Keiko Fujimori, the election office said Thursday.

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  17. Coke Bottler Shows Spanish Women the Way to the TopRead the original story w/Photo

    Jun 2, 2016 | Bloomberg

    Sol Daurella has been in training for her new job as chairwoman of Coca-Cola European Partners Plc, the biggest independent bottler of the drink, her whole life. The job is a crowning achievement for Daurella, who won the spot as a result of a merger of her family's Coca-Cola Iberian Partners with two other regional bottlers that was announced last year.

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  18. NervesRead the original story w/Photo

    Jun 2, 2016 | Bloomberg

    The era of one-company careers is largely gone, and now the latest shift in labor markets is piling on the anxiety for many who do manage to get hired. They're likely to land in an arrangement that falls short of what jobs used to be like.

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  19. The Most Interesting Man in Peru Gets His Shot to Be President an hour agoRead the original story w/Photo

    Jun 1, 2016 | Bloomberg

    The makeshift bandstand, at a trash-strewn intersection of roast chicken joints, features a guitarist and Andean flutist trying, not very successfully, to attract a crowd. It's a sunny Sunday in the south Peruvian town of Moquegua, a one-time Inca stronghold, and any minute, the announcer promises, he will be here -- the next president of Peru, Pedro Pablo Kuczynski! The music crescendos, flags flutter and the crowd grows to several hundred.

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  20. Princeton Coach Says Banker Accused in Libor Is Talented Leader 41 minutes agoRead the original story

    May 25, 2016 | Bloomberg

    The head coach of Princeton University's baseball team said he's never doubted the honesty and integrity of former player Ryan Reich, one of the five former Barclays traders accused of manipulating a key benchmark rate. Scott Bradley gave evidence Wednesday as a character witness for Reich, who was a starter for the college team while he studied economics between 2000-2004.

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