Hedge Funds Lost 3.2% in September

Markets Rally, Three Day Streak (FoxBusiness)

Wall Street added a third day to its winning streak after upbeat economic and retail sales data, coupled with continued optimism that European authorities are taking steps to tackle the region’s debt crisis, boosted traders’ sentiment.

30 Year Mortgages Drops Below 4% (Reuters)

Interest rates on 30-year U.S. mortgages fell below 4 percent for the first time this week, helping those with access to credit but doing little for the millions who owe more than their homes are worth.

Amazon.com, Inc. (NASDAQ:AMZN)

Amazon to Charge Sales Tax in TN (SeattlePI)

Gov. Bill Haslam, center, speaks at a news conference on Thursday, Oct. 6, 2011, in Nashville, Tenn. Haslam announced the state has reached a deal with Amazon.com for the online retailer to begin collecting Tennessee sales tax in 2014 and expand its southeast Tennessee distribution centers by 2,000 jobs.

Commodities Rally (Businessweek)

Gold futures rose for the second straight day and silver surged as commodities and equities rallied amid optimism that European officials were making progress in taming the region’s sovereign-debt crisis.

Bank of America Will Charge Debit Card Fees (STLToday)

Bank of America Corp. will soon begin charging customers $5 a month when they use debit cards to make purchases, a move likely to be followed by other banks as new federal regulations limit their ability to pinch consumers with various fees. The new debit card charges stem from a rule, which takes effect Saturday, that limits the fees banks can levy on merchants every time a consumer uses a debit card to make a purchase.

Trichet Leaves ECB (Reuters)

After keeping his cool for almost eight years, European Central Bank President Jean-Claude Trichet exploded last month. The Frenchman, renowned for his nuanced and composed answers to journalists’ questions, launched into a passionate defense of the ECB’s record when asked about calls from some in Germany for a return to the Deutschmark.

Del Monte and Barclays to Pay $89.4 Million to DM Shareholders (Reuters)

Del Monte Corp and Barclays Capital have agreed to pay $89.4 million to Del Monte shareholders in one of the largest cash settlements on record in Delaware Chancery Court, lawyers for the plaintiffs said on Thursday.

AstraZeneca Cuts 400 US Jobs (Reuters)

AstraZeneca Plc (AZN.L) said on Thursday it will cut about 400 jobs from its U.S. commercial business as Britain’s second-largest drugmaker seeks to reduce costs. The cuts will hit the company’s U.S. headquarters in Wilmington, Delaware, as well as some field-based, non-sales positions, AstraZeneca said.

Obama Would Accept Millionaire Tax (NYTimes)

President Obama said on Thursday that he was “comfortable” with a Senate proposal to pay for his jobs legislation with a tax surcharge on income above $1 million.

Hedge Funds Slump 3.2% in September (Businessweek)

Hedge funds slumped 3.2 percent in September, their worst performance in more than a year, as global stocks tumbled amid a worsening European debt crisis and the threat of a U.S. recession.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

On the Move: The 10 Fastest Growing Businesses in 2015

Fast Money: The 10 Highest Paying Fast Food Restaurants

Mixing It Up: The 14 Best Music Mashups of 2014

Rito Pls Buff: The 10 Least Played Champions in LoL Season 4

10 Covers of Popular Songs that are Better than the Originals

Must See TV: The 9 Most Anticipated Shows of 2015

The 15 Biggest Box Office Bombs of All Time

10 Things The World Can’t Stand About Americans

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!