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U.S. markets news

EBay Does About-Face in Spinoff of PayPal Backed by Icahn
Photo. A PayPal employee demonstrates pay options.Credit Beck Diefenbach/Reuters. Related Links. Even a Stand-Alone PayPal Has Far to Go to Topple the Old Payment Order.
PayPal May Be Set To Learn That Timing, Indeed, Is Everything  Forbes
Why EBay Decided to Follow Carl Icahn's Advice  Bloomberg
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SEC Charges Two in Herbalife Insider Trading Probe
WASHINGTON -- U.S. regulators Tuesday charged two men with insider trading after they learned that hedge fund manager Bill Ackman was planning to announce a $1 billion bet against Herbalife (HLF) based on a view the company was merely a "pyramid ...
Two Charged With Insider Trading On Hedge Fund's Herbalife Strategy
Insider Case by SEC Is a Step Removed From Herbalife Itself  New York Times
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Daniel Ivascyn: the straight talking portfolio manager
The last chief investment officer of Pimco wrote a paean to his dead cat. The new one is a straight talking dog lover. A love of the Kerry blue terrier, a breed originally reared to control vermin, in particular.
New Pimco Captain's Style: More Teamwork, Fewer TV Cameras  Wall Street Journal
4 better alternatives to Bill Gross and Pimco  MarketWatch
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Reddit trousers $50m to splash on ads, mobile and cash-generating staffers
Reddit has announced that it has managed to raise $50m in funding, which it plans to use to hire more staff, improve its mobile offering and, of course, make its ads better.
Reddit Just Raised $50 Million From A Group Of A-List Investors Including ...  MSN Malaysia News
Reddit To Give Bitcoin-Style Currency To Users  Eagle Radio
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Adidas seeks to placate investors
Paris: German sportswear maker Adidas, facing investor discontent after a series of profit warnings, plans to return as much as �1.5 billion (Dh6.96 billion) to shareholders over the next three years.
Adidas Launches $1.9 Billion Multiyear Shareholder Return Program  Wall Street Journal
Adidas seeks to placate investors with share buyback  Reuters Canada
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Bank of England eases curb on risky mortgages as house market cools
LONDON Oct 1 (Reuters) - The Bank of England has eased a curb on risky mortgages that are large relative to a borrower's income, amid signs that Britain's housing market has begun to cool.
Mortgage Loan Rates, Applications Moved Slightly Lower Last Week  24/7 Wall St.
New Mortgage Website Resource Launched
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UPDATE 2-UK events organiser UBM to buy Advanstar for $972 mln
... * Deal makes UBM No.1 in U.S. events market on revenue basis - CEO. * Deal expected to immediately add to earnings. * Expects deal to add 135 mln stg to events revenue in 2015.
UBM Proposes To Buy Advanstar For $972 Mln; To Raise GBP 563 Mln In Rights ...  NASDAQ
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Fannie Mae: Did Lamberth Open A Pandora's Box?
Read Lamberth's decision on Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) below closely.
Treasury upheld in case over Fannie Mae and Freddie Mac profits  Washington Business Journal
Court throws out two suits over Fannie, Freddie dividends  Fortune
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General Mills plans to cut about 700 to 800 jobs
NEW YORK (AP) - General Mills plans to cut 700 to 800 jobs, the second time it's trimmed its work force in a month, as the food company wrestles with a shift by U.S.
General Mills plans 700-800 job cuts  La Crosse Tribune
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US stocks end September 2014 on a weak note
U.S. stocks finished Tuesday's choppy trading session lower as investors found little solace in mixed bag of economic reports on housing, manufacturing and consumer confidence.
Consumer Confidence Slips in September
Consumer confidence takes biggest drop since 2013 government shutdown  Christian Science Monitor
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