• Using Momentum To Harvest Value In 2014

  By Michael Boggio : Since the March 2009 lows, US stocks have rallied over 200%, and valuations are back up near their 20 year P/E highs, making them fairly valued at best, and certainly not cheap (chart 1). Chart 1 (click to enlarge) When evaluating securities or broader markets, it is important to…

• Vodafone to buy Ono for €7.2bn

  British group granted access to Spanish cable group's books this month when it gave an indication of its offer, which was subject to due diligence

• In doubling yuan trading band, China aggravates foreign investor concerns

  SHANGHAI (Reuters) - The Chinese central bank's decision to relax its grip on the yuan has been welcomed as a sign of financial liberalization, but it is aggravating concerns among foreign executives and investors about their exposure to China in the near term.