Fidelity Investments received permission from U.S. regulators to open its own actively managed exchange-traded funds.» Read More
NEW YORK, May 15- Qatar Airways' top executive said the Middle-Eastern carrier wants to be a launch customer for Boeing Co's forthcoming 777 X mini-jumbo jet, and that the airline plans to open at least three new routes to the U.S. in the next 12 to 18 months. "
Jana, which oversees more than $4 billion in U.S. stock holdings, disclosed stakes of 24.6 million Zynga Inc class A shares and 21.9 million Groupon Inc class A shares in regulatory filings on Wednesday. The Groupon stake was worth $134 million as of the end of March, while the Zynga holding was worth $86 million, according to the filings.
BOSTON, May 15- Zynga Inc. shares jumped 7.6 percent to $3.57 in morning trading Wednesday, shortly after hedge fund manager Barry Rosenstein said his Jana Partners had taken a new stake in the online games developer earlier this year.
NEW YORK-- British Prime Minister David Cameron and Prince Harry visited a design studio in New York City on Tuesday as part of a campaign to promote their country as a tourist destination and U.S. business partner.
*Senate panel closes loopholes in student visa program. *House Republicans campaign to kill Senate immigration bill. Senator Marco Rubio, who is considered crucial to the passage of an immigration law overhaul, on Tuesday vowed to fight for a biometric system that would track foreigners entering and exiting the country after a Senate panel rejected the idea.
May 14- Billionaire investor Daniel Loeb likely faces an uphill battle to convince Sony Corp to embrace his proposal to spin off its entertainment arm, but he likely already holds a winning hand in his bet on the Japanese electronics giant. Loeb and investors in his hedge fund Third Point Offshore are already reaping the benefits of a well-timed move into Japan.
The delivery of the first jet with a redesigned battery system marks a turning point in Boeing's 787 crisis, allowing the jet maker to book revenue for completed sales of the jet, which costs $207 million at list prices. But resuming deliveries will lower Boeing's profit margin in the near-term.
*Fed buys $3.31 bln in longer-dated Treasuries. NEW YORK, May 14- Prices of U.S. It's all about equities, "said Dimitri Delis, interest-rate strategist at BMO Capital Markets in Chicago.
*Still mulling future of 35 pct stake in Yahoo Japan. SAN FRANCISCO, May 14- Yahoo Inc plans to ramp up advertising and marketing efforts as it seeks to break its reliance on an "aging demographic" and become more relevant among young adults, the company's finance chief said on Tuesday.
Fidelity Investments received permission from U.S. regulators to open its own actively managed exchange-traded funds.
Boston- based Fidelity in December filed an application to set up a series of actively managed ETFs with the Securities and Exchange Commission, and the agency approved the request last week, spokesman Jeff Cathie said.
BOSTON-- Information storage and management company Iron Mountain has purchased three records management businesses owned by Information Storage Consolidation Co., adding mid-sized companies to its customer base.
BOSTON-- Massachusetts gasoline prices are up six cents this week, but are still below the national average. AAA Southern New England reports Monday that the average prices for a gallon of self-serve, regular in the state is $3.48 per gallon. That's 10 cents below the national average, and 23 cents less than at the same time last year.
Swartz committed suicide in January before going to trial for allegedly stealing millions of academic articles from a private database using a computer network at the Massachusetts Institute of Technology.
May 13- The number of U.S. students enrolled in full-degree programs at universities outside the United States grew 4 percent to about 46,000 last year, according to a report by the Institute of International Education's Project Atlas. Plus, Kings College offers the only liberal arts degree, so choose wisely in the application process. "
BOSTON, May 13- Looking for a low-cost college option? Patrick Finger, a high school senior from Southern California, did just that. He estimates his total expenses in Germany will amount to what he would spend in less than one year in the United States. "
MOUNTAIN VIEW, Calif.-- Obesity drug maker Vivus Inc. on Monday named two new directors to its board as it finds itself in a proxy fight. CEO of German drugmaker Boehringer Ingelheim from 2003 to 2011, and Plutzky has directed the vascular disease prevention program at Brigham and Women's Hospital in Boston since 1996..
PUNE, India, May 13- An Indian payment card processing company acknowledged on Monday that hackers breached its security to increase the limits on some pre-paid card accounts in a global ATM heist in December.
BOSTON-- Attorney General Martha Coakley is announcing a new initiative to help Massachusetts cities and towns with high rates of distressed and vacant properties cope with the recent foreclosure crisis.
LOS ANGELES, May 12- Disney's ABC network will become the first broadcast network to stream its shows live online through an ongoing service, starting with viewers of its TV stations in New York and Philadelphia on May 14 and expanding to its other stations by the end of the summer.