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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Sep 30, 2014
Page
8
The Institute for Supply Management releases its Chicago business barometer index, expected to fall to 62 in September from 64.3 in August. A reading above 50 shows growth, while below 50 signals contraction. September 2013 data was 56.3.
The 10-year yield fell to 2.48 percent on Monday affecting loan rates. Lower yields typically push mortgage and other consumer loan costs down, influencing borrowing costs for households and businesses.
Morningstar reports Fund Focus BBH Core Select assets have nearly doubled to 6.3 billion over two years. The fund, which led peers in 2012, has since slumped relative to rivals.
Investors eye SolarCity as it expands beyond rooftop installs into panel manufacturing. The company plans a New York factory, aims to lift 2014 installations to 1,000 megawatts, and eyes a potential share rise to about 98 within a year. Elon Musk leads both SolarCity and Tesla ventures.
Dave & Buster's Entertainment pricing an IPO of about 5.9 million shares as it returns to public markets. The parent company plans to list on Nasdaq as PLAY, a move following past private equity ownership by Wellspring, HBK Main Street, and Oak Hill Capital.
Analysts suggest Chinese firms could use DreamWorks as a gateway to export media and develop domestic film industries. The approach would leverage DreamWorks’ distribution power to expand Chinese cinema influence and create local production ecosystems.
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