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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Nov 18, 2015
Page
12
Angie's List board rejects IAC buyout saying the all cash offer undervalues the company. Shares dipped 13 percent in premarket trading before closing up 1.3 percent at 9.96 dollars on Tuesday.
The Labor Department reports consumer prices rose 0.2 percent in October led by a 0.4 percent gain in gasoline costs. The data may bolster arguments that inflation is leveling as the Fed weighs a rate move next month.
New York hedge fund manager Mark Malik, born Moazzam Malik, faces charges after a four year scheme to steal near $850,000 from investors by lying about returns and credentials. His lawyer says he was desperate and immoral but not a thief, while prosecutors describe a pattern of misrepresentation and intimidation including a fake death email and a video link of a werewolf film.
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