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Pizza Hut and Taco Bell To Eliminate Artificial Ingredients

May 26th, 2015

Food VeggiesAdan Salazar:  Pizza Hut and Taco Bell restaurant chains have announced they’ll be removing artificial additives from their products, a move seen as a response to consumer advocacy and growing awareness of cancer-causing ingredients. Read more…

News Of The Weird, Today's Top News

EMC Corporation (NYSE:EMC) To Acquire Virtustream Group Holdings, Inc.

May 26th, 2015

EMC CorporationOn May 22, 2015, EMC Corporation (NYSE:EMC) entered into an Agreement and Plan of Merger  to acquire Virtustream Group Holdings, Inc. Read more…

Material Events

Bel Fuse, Inc. Shareholders Elect 4 Directors

May 26th, 2015

People sitting black and whiteBel Fuse, Inc.(NASDAQ:BELFA) held its Annual Meeting of Shareholders, for which the Board of Directors solicited proxies. At the Annual Meeting, the shareholders voted on the following proposals, as described in the Company’s definitive proxy materials filed with the SEC on April 8, 2015. Read more…

Manufacturing, Material Events

UDR, Inc.(NYSE:UDR) Annual Meeting Of Shareholders Results

May 26th, 2015

UDR, Inc.UDR, Inc. (NYSE:UDR) held the Annual Meeting on May 21, 2015. At the Annual Meeting, UDR, Inc. stockholders voted on the election of eight nominated directors to serve for the ensuing year, a proposal to ratify the appointment of Ernst & Young LLP to serve as the Company’s independent registered public accounting firm for the year ending December 31, 2015, and a resolution to approve, on an advisory basis, the compensation of the Company’s named executive officers. Read more…

Material Events, Real Estate

Is the Dollar’s Correction Already Over?

May 26th, 2015

Money Stock market:  Between the summer of 2014 and its recent peak in March this year, the US dollar index was a one-way street – a blow-off like move that mainly mirrored the equally relentless decline in the euro, which has been suffering from the ECB’s misguided ministrations. Read more…

Currency, Currency Wars, Investing, Markets

The 505 Trillion Dollar Interest Rate Derivatives Bubble

May 26th, 2015

Bubble in handsMichael Snyder:  All over the planet, large banks are massively overexposed to derivatives contracts.  Interest rate derivatives account for the biggest chunk of these derivatives contracts.  According to the Bank for International Settlements, the notional value of all interest rate derivatives contracts outstanding around the globe is a staggering 505 trillion dollars.  Read more…

Banking, Economy, Europe, Federal Reserve, Government, Inflation/Deflation, Today's Top News, World News

Is Greece Still A Country If Someone Else Owns Its Assets?

May 23rd, 2015

greece roman ruinsJohn Rubino:  This story isn’t actually about Greece, but it begins there.

After the country went functionally bankrupt a few years ago, the solutions proposed by its creditors (mostly European banks and governments) included the impoverishment of its current citizens through cutbacks in wages and pensions, the impoverishment of its Read more…

Banking, Economy, Europe, Government

PBOC Gold Purchases: Separating Facts from Speculation

May 23rd, 2015

gold coinsKoos Jansen:  As we are approaching the moment the PBOC unveils they have more physical gold in reserve than what has been disclosed since 2009, 1054 tonnes, we will again analyze everything there is to find about PBOC gold purchases. Read more…

Banking, China, Gold

It Is Mathematically Impossible To Pay Off All Of Our Debt

May 22nd, 2015

moneyMichael Snyder:  Did you know that if you took every single penny away from everyone in the United States that it still would not be enough to pay off the national debt?

Today, the debt of the federal government exceeds $145,000 per household, and it is getting worse with each passing year.  Read more…

Banking, Economy, Federal Reserve, Government, Inflation/Deflation, Markets, News Of The Weird, Today's Top News

Chinese Gold Leasing Not What It Seems

May 22nd, 2015

Gold China:  Welcome to another episode of understanding how mainstream consultancy firms (the World Gold Council, GFMS, CPM Group, Precious Metals Insights) understate Chinese gold demand. One of their main arguments is that hundreds if not thousands of tonnes are tied up in Chinese Commodity Financing Deals (CCFDs). Read more…

China, Gold, Markets, Precious Metals

Old Dominion Freight Line 2015 Annual Meeting Of Shareholders Voting Results

May 22nd, 2015

Old Dominion Freight LineThe 2015 Annual Meeting of Shareholders of Old Dominion Freight Line (NASDAQ:ODFL) was held on May 21, 2015. Read more…

Material Events

Portage Resources, Inc To Purchase 3.5 Million In Preferred Stock With FG Fitness and Media Group, Inc

May 22nd, 2015

Stock Common StockOn May 18, 2015, Portage Resources Inc (OTCMKTS:POTG) entered into an Agreement for the Purchase of Preferred Stock with FG Fitness and Media Group, Inc., a Nevada corporation. Pursuant to the terms of the agreement, Portage Resources has acquired 3,500,000 shares of Preferred Stock of FG Fitness and Media Group.

Read more…

Material Events, Stocks

Commerce Bancshares Inc. To Repurchase $100 Million Of Its Outstanding Common Stock

May 22nd, 2015

On May 21, 2015, Commerce Bancshares, Inc. (NASDAQ:CBSH) entered into an accelerated share repurchase agreement with Morgan Stanley & Co. LLC (Morgan Stanley) to purchase $100 million of its outstanding common stock. Read more…

Banking, Material Events

JPMorgan Chase & Co. Shareholders Voting Results; 11 Directors Elected

May 22nd, 2015

JPMorgan Chase & Co.The JPMorgan Chase & Co. (NYSE:JPM) results of shareholder voting on the proposals presented were as follows: Read more…

Banking, Material Events, Today's Top News

U.S. Companies Stand To Win The Oil Price Wars With This Innovation

May 22nd, 2015

Oil WarMichael McDonald:  Although some US oil companies are struggling with low oil prices, a new wave of innovation is hitting the oil patch, allowing for a significant reduction in drilling costs.  Read more…

Crude Oil, Energy, Investing, Mining / Drilling, Oil Wars, Technology

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