Barron’s: A Hedge to Preserve the Edge. Buy cheaply priced puts to hedge recent stock gains and protect against future declines.
BBC: Anti-social behaviour cuts feared.
Bloomberg: Ryanair’s O’Leary Plans Shift to Major Airports as Growth Slows. Ryanair Holdings Plc is looking at opening routes to all major European airports bar the top three as slowing growth prompts the region’s top discount carrier to modify a strategy based on flying only to less-costly terminals.
BusinessWeek: Facebook Sells Your Friends. How Facebook plans to leverage its 550 million users into the greatest advertising juggernaut since Google.
CNBC: Thursday: US Data, Forex Markets Take Centerstage. Weekly jobless claims and existing home sales are the key numbers to watch Thursday, but investors will keep their focus on the volatile foreign exchange market.
MarketWatch: Stocks’ lost decade raises currencies’ allure. As stocks suffer, traders are increasingly joining the $4 trillion-a-day foreign-currency market.
Reuters: Microsoft yields more than U.S. Not long ago, tech investors didn’t expect, or want, payouts. With growth slowing, shareholders now need better rewards for the industry’s risks, writes Robert Cyran.
The Business Insider: Mark Zuckerberg Explains Why Facebook Is Working On Phone Software: To Be A Platform, Not Just A Service.
The Financial Times: Yachting manufacturers are catching glimpses of a recovery but customer habits have changed.
The Guardian: BA and Iberia merger cleared for takeoff. Merger between British Airways and Iberia likely to be completed by end of year as last obstacle to deal has been cleared
The New York Times: Buyers Send iPhones on a Long Relay to China. Demand for Apple gadgets has created a system for buying iPhones in New York and reselling them in China.
The Telegraph: Global food risk from China-Russia pincer. China becomes a net importer of corn for the first time in modern history and Russia’s drought inflicts more damage than expected.
The Wall Street Journal: Bordeaux’s Best-Kept Secret. IThere are still a few ways to drink like a king on the wage of a pauper. One way to drink beautifully crafted, aged Bordeaux at a fraction of the going rate—buying second wines.
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