China's 10 Richest http://www.forbes.com/sites/russellflannery/2014/03/03/2014-forbes-billionaires-list-growing-chinas-10-richest/ 1. Wang Jianlin, No.64, $15.1 billion The richest man on mainland China, Wang Jianlin, owns 75 department stores, 85 shopping plazas and 51 five star hotels. 2. Ma Huateng, No. 80, $13.4 billion Ma is the founder and CEO of Tencent Holdings , China’s largest publicly traded Internet company measured by market capitalization 3. Robin Li, No.91, $12.1 billion Robin Li is the CEO of Nasdaq-listed Baidu, China’s No.1 online search company 4. Zong Qinghou, No.94, $11.6 billion 5. Li Hejun, No.117, $10.3 billion 6. Jack Ma, No.122, $10 billion 7. He Xiangjian, No.190, $7.1 billion 8. Wei Jianjun, No.196, $6.9 billion 9. Yang Huiyan, No.196, $6.9 billion 10. Chan Laiwa, No.234, $6 billion
RadioShack reported $935 million in fourth quarter revenue, a 20% decrease over the $1.17 billion reported for the same quarter in 2013 and missing Street expectations of $1.12 billion. Its net loss widened from the $63.3 million reported last year to $191.4 million for the fourth quarter of 2013, resulting in a loss of $1.90 per share. Analysts had been expecting a loss of just 16 cents per share.
Staples, OfficeMax, Office Depot — do office-supplies chains have a future? taples has 1,500 stores in the U.S. and more than 2,200 worldwide, it said on its website. Office Depot ODP , combined with OfficeMax, had 1,912 stores at the end of the 2013. Store closings also are a key strategy behind the newly merged company’s cost-savings target.
BLDP FCEL PLUG China has first corporate default #msg-60307461 ~> Energy/Solar #msg-93541516 ~> Big Movement Plays #msg-83251138 ~> new quarter ER kick off #msg-92567633 ~> Gov Shutdown & Obamacare Markets Debut
A small Chinese solar firm has defaulted on its debt -- the first of its kind for China -- perhaps pointing to the end of 11th-hour government bailouts for troubled enterprises. Earlier this week, Shanghai Chaori Solar Energy said it may not be able to make a payment due Friday to investors on a 1 billion yuan ($164 million) bond. The firm was supposed to make an 89.8 million yuan ($15 million) interest payout, but had only managed to raise 4 million yuan.
Chaori to Sell Solar Farms to Repay Bondholders After Default The manufacturer will seek buyers for solar farms in Greece, Bulgaria, Italy and the U.S., Vice President Liu Tielong said by phone today. Chinese banks that had previously agreed to provide 800 million yuan ($130.3 million ) in loans if the company faced a temporary cash squeeze “have no willingness to lend,” he said. The failure signals the government may back off its practice of bailing out companies after promising markets a “decisive” role in the allocation of resources.
#msg-32756346 CHK DYN CPN PCG EXC KEP IVAN BCON CPST SNG AEP FPL PWE EPD EP #msg-62517969 NRG,SO,SCG,DUK,PGN,AES,DPL,EXC
Exelon's six nuclear power plants in Illinois have failed to turn a profit over the last five years, and the 27-year-old Clinton plant is the most vulnerable for closing
Reactor shut down unexpectedly at Exelon's Limerick Nuclear Generating Station Operators of Exelon’s Limerick Generating Station shut down one of the reactors at the plant unexpectedly late Tuesday night due to a problem with the system that controls the flow of steam to the turbine.
Fannie, Freddie shares tumble on Senate proposal for wind-down
Shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) fell sharply on Wednesday, a day after leaders of the Senate Banking Committee announced an agreement on legislation to wind down the government-owned mortgage financiers.
Herbalife Rolling off the cliff HLF Apr 2014 40.000 put (HLF140419P00040000)@0.75
On Wednesday, Herbalife disclosed that it was under investigation by the Federal Trade Commission. The FTC later confirmed the news. Shares of Herbalife (HLF) have fallen 12% since the news broke, and the stock is down 26% this year. Investors, though, could be overreacting to the news. The FTC's track record is uneven at best in policing pyramid schemes.
Blackstone’s Deal With G.E. Highlights Its Real Estate Holdings
When it comes to real estate, Blackstone owns a lot more as well. The private equity firm, while better known for its huge buyouts in the deal boom before the financial crisis, is the largest private sector landlord in the United States. And that was the case even before General Electric announced on Friday that it would sell a $14 billion chunk of its real estate assets to Blackstone’s fast-growing property division as part of the conglomerate’s retreat from finance.
Blackstone’s bold bet on real estate is worldwide: skyscrapers in New York and Chicago (Sears Tower), sprawling malls and luxury hotels in Europe, Asia and the Middle East and, recently, close to 50,000 rental homes across the United States.
The biggest winner, though, might be the small-cap receiving a $4.6 billion mortgage portfolio from GE: Blackstone Mortgage Trust Inc (NYSE: BXMT). More on that in a bit.
News 
Market Data 
Discover 
