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 Click to see monthly returns in table format!

Lists

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

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!