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Blackstone profit falls 70%: hits on challenging volatile markets
Blackstone’s fourth quarter profit drops on volatility. the fourth quarter profit fell to 70 percent. This occured because the asset sales slowed and whipsawing markets took a toll across its business.
Cruz Super PAC Challenges Trump to Abortion Debate; Offers $1.5 Million to Veterans' Charities if Trump Accepts
Two of Ted Cruz's Super PACs have challenged Donald Trump to debate the Texas Senator. The debate is to be done before January 31 and if Trump accepts, the Super PACs would donate $1.5 million to veterans' charities.
Hershey prioritizes meat brand over its core chocolate brands
Hershey, the leading chocolate maker, has shifted gear in 2016 and plans to focus more on its newly acquired meat brand, Krave Pure Foods Inc. With changing food habits, the market is now ready to accept snacks that are more rich in protein and less in sugars, and with this move, the sweet maker is all set to tap this niche market.
MSCI to delist few Hong Kong shares over high shareholding concentration
MSCI to delist Hong Kong firms over high shareholding concentration. The companies eliminated will not be eligible for enclosure in MSCI Global Investable Market Indexes until adequate public disclosure on their stockholdings is produced.