Morning News: October 29, 2010

Economy in U.S. Likely Grew as Consumer Spending Climbed

Stock Futures Ease with GDP on Tap

Global Stocks Lower; Nikkei Slides 1.8%

Credit Suisse Grabs No. 1 Position in Advising Consumer M&A

Inflation and Unemployment Rise in Euro Region

Obama to Promote Business Deduction to Spur Investment

Microsoft Profits Soar 51%

Sony, Samsung Brace for `Miserable’ Christmas Sales as TV Price War Looms

Total’s third-quarter adjusted profit up 32%, Production increases more than 4%

The 5 Dumbest Things on Wall Street: Oct. 29

This Is What A Blow Off Top Looks Like

Keith Richards

“The whole business thing is predicated a lot on the tax laws,” says Keith, Marlboro in one hand, vodka and juice in the other. “It’s why we rehearse in Canada and not in the U.S. A lot of our astute moves have been basically keeping up with tax laws, where to go, where not to put it. Whether to sit on it or not. We left England because we’d be paying 98 cents on the dollar. We left, and they lost out. No taxes at all. I don’t want to screw anybody out of anything, least of all the governments that I work with. We put 30% in holding until we sort it out.”

Posted by on October 29th, 2010 at 7:55 am

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