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>> JACK LEW Latest News

11 HOURS AGO - Zero Hedge

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"Costs?"

A funny thing happened since The US unleashed Russian-economy-crushing sanctions... the "costs" appear to have weighed down US and European stocks as Russian stocks gained?   As a reminder since the initial sanctions in March, the S&P 500 is up just over 4% and Russian stocks up just over 13% - so much for Carney's "sell" order.   But Jack ...

Tags: "Costs?",  Jack Lew Latest News

JUL 31, 2014 - Zero Hedge

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"Costs" For Who? Adidas Drops Most Ever After Slashing Guidance: Blames Russia

It would appear "Russia" is the new "weather" when it comes to missed earnings expectations. As Bloomberg reports, Adidas shares fell by a record after the world’s second-largest sporting-goods maker slashed its full-year profit forecast, bursting euphoria around the German company less than a month after its national team’s victory in the World Cup. The reason, aside from golf, "turmoil ...

Tags: "Costs" For Who? Adidas Drops Most Ever After Slashing Guidance: Blames Russia,  Jack Lew Latest News

JUL 28, 2014 - Business Insider

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10 Things You Need To Know This Morning (FDO, DLTR, HLF, TSN, DENN)

Good morning and welcome to a monster week for economic data, where we'll learn both the latest GDP reading, and celebrate Jobs Day Friday. Here's what you need to know. 1. Dollar Tree is buying Family Dollar for $74.50 per share, a 22.8% premium. Family Dollar is up 20% premarket. Carl Icahn was recently Family Dollar's largest stakeholder and stands to make up to ...

Tags: 10 Things You Need To Know This Morning (FDO, DLTR, HLF, TSN, DENN),  Jack Lew Latest News

JUL 28, 2014 - Business Insider

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10 Things You Need To Know Before The Opening Bell (FDO, DLTR, HLF, TSN, DENN)

Good morning and welcome to a monster week for economic data, where we'll learn both the latest GDP reading, and celebrate Jobs Day Friday. Here's what you need to know. 1)  Dollar Tree is buying Family Dollar for $74.50 per share, a 22.8% premium. Family Dollar is up 20% premarket. Carl Icahn was recently Family Dollar's largest stakeholder and stands to make up to ...

Tags: 10 Things You Need To Know Before The Opening Bell (FDO, DLTR, HLF, TSN, DENN),  Jack Lew Latest News

JUL 27, 2014 - Business Insider

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Treasury Secretary Jack Lew Warns Tax Inversions Are Increasing At 'Breakneck Speed'

Treasury Secretary Jack Lew has written an op-ed page of the Washington Post to plead with Congress to enact legislation addressing tax inversions, which he says have been increasing at "breakneck speed." As we've been discussing all this month, the number of U.S. companies re-chartering overseas to avoid corporate taxes has been accelerating recently. Tax inversions were a major theme ...

Tags: Treasury Secretary Jack Lew Warns Tax Inversions Are Increasing At 'Breakneck Speed',  Jack Lew Latest News