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FAA chief weighs changes to plane approval process: WSJ

Amid the worldwide grounding of the Boeing 737 MAX jets, the head of the FAA is now considering major changes to the way the FAA certifies airplanes. FAA administrator Stephen Dickson, a former commercial airline pilot himself, talked about the potential changes in an interview with The Wall Street Journal. This comes just after Boeing said that it’s now up to regulators to determine when the Boeing 737 MAX can return to flight. Yahoo Finance’s Alexis Keenan breaks it all down. …read more […]

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Hedge Funds Open Kimono: 5 Most Popular Software Stocks Right Now

We believe one of the best tools for ordinary investors who are on the hunt for new ideas is 13F filings. Once every quarter hedge funds with at least $100 million in total positions in publicly traded US stocks/options are required to open the kimono and disclose the number of shares and the total value of […] …read more […]

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Swiss grain merchant Ameropa picks Bunge executive as next CEO

Swiss grain merchant Ameropa said on Monday it has appointed William Dujardin, a longstanding manager at Bunge, as its next chief executive. Dujardin will take up the post on Jan. 8, Ameropa said in a statement. Dujardin, a 45-year-old French national, has spent the past 14 years at U.S-based Bunge, one of the world’s largest agribusiness groups. …read more […]

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UPDATE 1-Alibaba to close books early in $13.4 bln Hong Kong listing after strong demand -sources

Alibaba will stop taking orders from prospective institutional investors for its $13.4 billion secondary listing in Hong Kong earlier than expected after attracting strong demand, two people with direct knowledge of the matter said. Order books will now close on Tuesday at 12 p.m. in New York (1700 GMT), half a day earlier than initially planned by the Chinese e-commerce giant and its investment banking advisers. The final price that institutional investors will pay will still be set by Wednesday evening Hong Kong time, based on Tuesday’s closing price in New York, they added. …read more […]