Monday, April 21, 2014

@8:50, 4/19/14

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1
Business Day

Ardian to Sell Food Ingredients Maker to Symrise for $1.8 Billion

Symrise, a German maker of flavors and scents, said it had made a binding offer to acquire Diana from the private equity firm Ardian, which was spun off from the French insurer AXA Group last year.
Mergers, Acquisitions and Divestitures; Private Equity

Everybody eats.  There is money in it.
2
Business Day

TIAA-CREF to Buy Nuveen Investments for $6.25 Billion

The acquisition of Nuveen will bring the retirement giant’s assets under management to about $800 billion and bolster its mutual fund offerings.
Banking and Financial Institutions; Mergers, Acquisitions and Divestitures; Personal Finances

I do not own mutual funds at TIAA-CREF.
3
Business Day

Blackstone and Goldman to Buy Ipreo, a Financial Information Provider

The deal with Kohlberg Kravis Roberts is the latest instance of private equity firms buying holdings from one another.
Mergers, Acquisitions and Divestitures; Private Equity

Just noise as far as I can tell.
4
Business Day

Glencore to Sell Peruvian Mine to Chinese Group for $6 Billion

Glencore Xstrata said it would sell its Las Bambas copper mine in Peru to a group of state-owned Chinese companies. Separately, a Glencore subsidiary is buying Caracal Energy for about $1.3 billion.
Mergers, Acquisitions and Divestitures; Mines and Mining

China is copper hungry.
The cash was a copper coinage.
Copper is the electrical conductor of choice.


5
Business Day

Endurance Bids $3.2 Billion for Aspen Insurance

Endurance Specialty Holdings, a provider of casualty and property insurance, made an unsolicited $3.2 billion takeover bid for Aspen Insurance Holdings.
Insurance; Mergers, Acquisitions and Divestitures

Insurance to be notified.  Social Security to be notified.  NYS pension to be notified.   Waiting for death certificates.

6

Citi Profit Exceeds Forecasts

Even as its quarterly profits brightened, Citigroup disclosed that it had found an additional case of fraud at Banamex, its Mexican unit.
Banking and Financial Institutions; Company Reports; Regulation and Deregulation of Industry

Part of Morgan Guarantee.  Death certificate.  Estate of.
7
Business Day

Rich Start-Ups Go Back for Another Helping

As investment money continues to pour into Silicon Valley, start-ups already flush with cash are being given sizable additional rounds of venture capital.
Initial Public Offerings; Start-ups; Venture Capital

Equities and mutual funds.  Not a principal. 
8
Business Day

Silicon Valley's Funding Feast

Already-rich start-ups are piling on investment dollars. | Earnings season for big banks has begun. | Pooled pensions teeter and fall. | Herbalife shares plunge on news of F.B.I. criminal inquiry.

I have stayed with hardware.

9
Business Day

Thought Secure, Pooled Pensions Teeter and Fall

Pensions in multiemployer plans were once believed to be extremely reliable, but changing economic circumstances have left vulnerable the pools and the federal insurance plan meant to support them.
Law and Legislation; Pensions and Retirement Plans; Retirement

The state of New York is still sane after a fashion.
10
Technology

With Purchase of Drone Maker, Google Sees a Fleet of Satellites

Following in Facebook’s footsteps, Google said Monday that it had purchased Titan Aerospace, the maker of high-altitude drone satellites, which will be used to take photos of the earth and to connect people to the Internet.
Drones (Pilotless Planes); Mergers, Acquisitions and Divestitures

Orbital mechanics are different from aircraft.
It could work.  Marine cables are limited in data capacity.
11
World

Iran Gets an Unlikely Visitor, an American Plane, but No One Seems to Know Why

The presence of a United States-flagged aircraft in Iran is highly unusual these days, especially when it’s owned by a small Utah bank.
Airlines and Airplanes; Embargoes and Sanctions; United States International Relations

Noise.
Let the C.I.A. do its job.
12
Real Estate

The Million-Dollar Manhattan Apartment

If $1 million is all you can spend, expect slim pickings.
Real Estate and Housing (Residential); Prices (Fares, Fees and Rates)

The Bronx or Astoria or Queens.   White Plains is another address.
13
World

Captain and Two Crew Members Are Arrested in Korean Ferry Sinking

The captain, Lee Jun-seok, 69, was charged with abandoning the boat and its passengers at a time of crisis, among other counts, according to prosecutors.
Maritime Accidents and Safety

Let the experts work.
The operating company looks to be the problem.
Additional upper deck cabins were added.

14
Home & Garden

Square Feet: 84. Possessions: 305.

After a heart attack, Dee Williams downsized. Way down.
Real Estate and Housing (Residential); Sustainable Living; Architecture; Books and Literature

I could do it or you could do it.   We could not at this scale.
I would like doors that close.
There are times and activities that do not share.

I will need a dumpster for the clean out in a year or so.

15
Business Day

Cost of Treatment May Influence Doctors

Some of the most influential medical groups in the nation are recommending that doctors weigh the costs, not just the effectiveness of treatments that they recommend for patients.
Health Insurance and Managed Care; Drugs (Pharmaceuticals); Doctors; Lucentis (Drug); Avastin (Drug); Medicare

Bargaining helps.  Medicare should be allowed to bargain.
There is something about safe and effective.

16
Opinion

Salvation Gets Cheap

The incredible recent decline in the cost of renewable energy, solar power in particular, have improved the economics of climate change.
Solar Energy; Alternative and Renewable Energy; Global Warming; Greenhouse Gas Emissions

Photovoltaic is not yet competitive.
17
World

Deadliest Day: Sherpas Bear Everest’s Risks

An avalanche that left at least 12 dead has focused attention on the Sherpas, skilled high-altitude climbers who put themselves at great risk for the foreign teams that pay them.
Avalanches; Mountain Climbing; Sherpas (Himalayan People)

yes.
18
World

Pro-Russian Insurgents Balk at Terms of Pact in Ukraine

A U.S.-backed deal to settle the crisis in eastern Ukraine fell flat but appeared to arrest, at least temporarily, the momentum of separatist unrest in the region.
International Relations; Demonstrations, Protests, and Riots

They are not in charge.The insurgents are not allowed to balk.
They can be shot.


19
Opinion

When the Circus Descends

Right-wing talk radio hosts and left-wing interest groups are teaming up to defeat the most sensible school reform movement in a decade.
Education (K-12); States (US); United States Politics and Government

The common core is not well made.
Do it properly.

20
Books

Gabriel García Márquez, Conjurer of Literary Magic, Dies at 87

Mr. García Márquez, a Colombian who received the Nobel Prize for Literature in 1982, wrote fiction rooted in a mythical Latin American landscape of his own creation.
Books and Literature; Writing and Writers; Deaths (Obituaries) 

Noted.

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