| Jorge Paulo Lemann: the Brazilian billionaire taking a bite out of Burger King Warren Buffett has described the new owner of Burger King as a good friend. That, if nothing else, should help Jorge Paulo Lemann get a credit card in the US if he ever wanted one. telegraph.co.uk |
Morgan Stanley cuts 10-yr yield call again Morgan Stanley (MS), a prominent bear on Treasury securities, cut its yield call again for the 10-year note by the end of the year, caving in to a rallying bond market. The company now sees the 10-year note yield at 3% by the end of the year, compared to 2.648% in recent trading Tuesday. The outlook was cut from the 3.5% projected last month. feeds.marketwatch.com |
USPS says droopy newspapers to cost more to mail By CHUCK BARTELS 2010-10-02T07:36:52ZLITTLE ROCK, Ark. (AP) -- Even if a newspaper is filled with hard news, the U.S. Postal Service is checking to see whether it's droopy.... hosted.ap.org |
Sanofi-Aventis goes hostile with $18.5bn bid for Genzyme French pharmaceutical giant Sanofi-Aventis has launched a hostile takeover of US-based biotechnology company Genzyme. telegraph.co.uk |
Currencies: Dollar falls to 8-month low after ADP report The U.S. dollar extends losses after ADP’s report on U.S. private companies shows payrolls unexpectedly dropped last month. feeds.marketwatch.com |