Business

David Baazov Drops $4.1 Billion Takeover Bid For PokerStars' Parent Company

David Baazov Drops $4.1 Billion Takeover Bid For PokerStars' Parent Company

Baazov made his proposal in mid November . David Baazov , Amaya Inc's former chief executive officer has aborted his plan to buy the Canadian online gambling company. Baazov remains embroiled in an insider-trading scandal surrounding his behind-the-scenes financial deals while at Amaya . Baazov's attorney fired back at the AMF, claiming no specifics about such claims have been provided to date.



Freddie Mac Confirms Mortgage Rates At 2-Year Highs

A year ago at this time, the average rate was 3.96 percent. Before the election, the average rate for a 30-year loan had been below 4 percent all year and was hovering near a record low. Meanwhile, the refinance share of mortgage activity increased to 57.9% of all applications from 57.2% the previous week, the survey found. "Mortgage rates will be flat in the coming week".



Analyst Outlook: InvenSense Inc (NYSE:INVN)

Finally, KeyCorp reiterated a "hold" rating on shares of InvenSense in a research note on Wednesday, July 6th. InvenSense presently has a consensus rating of "Hold" and a consensus target price of $8.84. TDK Corporation and InvenSense , Inc. COPYRIGHT VIOLATION WARNING: This piece of content was published by Sports Perspectives and is the sole property of of Sports Perspectives.



BABA Crosses Below Key Moving Average Level

Alibaba Group Holding Limited (NYSE:BABA) declined -0.66% yesterday to close its trading session at $89.25. The company has a 50 day moving average of $104.33 and a 200 day moving average of $89.09. The company has a market capitalization of $242.28 billion, a PE ratio of 35.29 and a beta of 2.93. Alibaba Group Holding Limited has P/S value of 12.27 while its P/B value stands at 6.23.



Christmas is about Jesus

First, this child was the Son of God. Jesus' reason for birth was to do his father's work - to prepare himself to take upon the sins of the whole world. (2:4-5) We can not separate the nation of Israel from the birth of Christ. I am sure He mourned with his father over the choices man made. God gave to the Jews the Scripture.



US Obama administration ends NSEERS visitor registry program

The program, known as the National Security Entry-Exit Registration System or NSEERS , initially required that men aged 16 and over from countries on the list register and be fingerprinted upon arrival in the United States , then regularly check in with immigration officers.