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No recent articles found for the GRAINCORP NEWS in BUSINESS but below you will find the latest BUSINESS NEWS.

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DEC 17, 2014 - Zero Hedge

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The Fracturing Energy Bubble Is the New Housing Crash

Submitted by David Stockman via Contra Corner blog, Let’s see. Between July 2007 and January 2009, the median US residential housing price plunged from $230k to $165k or by 30%. That must have been some kind of super “tax cut”. In fact, that brutal housing price plunge amounted to a $400 billion per year “savings” at the $1.5 trillion per year run-rate of residential housing turnover. So with all ...

Tags: The Fracturing Energy Bubble Is the New Housing Crash,  Mortgage Loans Latest News

16 HOURS AGO - TheStreet

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MGM Resorts International (MGM) Stock Rallies Today Following Wednesday's Decline

NEW YORK (TheStreet) -- Shares of MGM Resorts International  recovered 5.14% to $18.93 in morning trading Thursday following Wednesday's sharp decline. MGM plunged Wednesday as the Chinese government cracked down on illegal activities in the Macau gambling district. The government began focusing efforts on illicit money funneled through Macau, the only district in the world's most populous nation in which casinos are ...

Tags: MGM Resorts International (MGM) Stock Rallies Today Following Wednesday's Decline,  Macau Latest News

17 HOURS AGO - Zacks Investment Research

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Macau Anti-Corruption Drive to Intensify, Casino Stocks Dip - Analyst Blog

China is again reportedly set to launch a major crackdown to restrict illegal money transfers. This lowered the share price of leading casino companies.

Tags: Macau Anti-Corruption Drive to Intensify, Casino Stocks Dip - Analyst Blog,  Macau Latest News

6 HOURS AGO - The Independent

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Clash of the Irish titans as BA owner launches Aer Lingus bid

Three of Ireland’s biggest businessmen and the country’s government had the future of Aer Lingus in their hands last night as British Airways’ owner IAG launched a bid for the £1bn airline.

Tags: Clash of the Irish titans as BA owner launches Aer Lingus bid,  Aer Lingus Latest News

14 HOURS AGO - Wall Street Journal

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Aer Lingus Board Rejects IAG Bid

The board of directors of Irish carrier Aer Lingus has rejected a takeover bid by British Airways parent International Consolidated Airlines Group.

Tags: Aer Lingus Board Rejects IAG Bid,  Aer Lingus Latest News

2 HOURS AGO - Yahoo! News

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Judge May Toss 4 Guilty Pleas In Insider-Trade Case

NEW YORK (AP) — A judge said Thursday he's leaning toward tossing out four guilty pleas in an insider-trading case, the latest fallout from a recent appeals court ruling criticizing prosecutors' tactics.U.S. District Judge Andrew L. Carter Jr. notified attorneys of his plans in separate proceedings for five defendants. He said he believes...

Tags: Judge May Toss 4 Guilty Pleas In Insider-Trade Case,  New York Latest News

2 HOURS AGO - Yahoo! News

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U.S. to sell final $1.25 billion shares of Ally Financial from bailout

(Reuters) - The U.S. Treasury Department will sell its remaining 54.9 million shares of Ally Financial Inc acquired under the government's bailout of the auto lender, Ally said on Thursday. The stake is worth about $1.25 billion, based on Ally's Thursday closing price of $22.75 on the New York Stock Exchange. Separately, Ally said in a regulatory filing that it ...

Tags: U.S. to sell final $1.25 billion shares of Ally Financial from bailout,  New York Latest News

9 HOURS AGO - TheStreet

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10 HOURS AGO - Entrepreneur

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IBM Says Cloud Business Enjoying 'Breakthrough Year'

The tech giant aims to expand the number of data centers it offers clients around the world by 25 percent to meet fast-rising demand for internet-based services.

Tags: IBM Says Cloud Business Enjoying 'Breakthrough Year',  Ibm Latest News