Archives for September 2015

September 2015 - Page 2 of 29 - Money Morning - Only the News You Can Profit From

15 Vladimir Putin Quotes We'll Never Forget

Russian President Vladimir Putin has held office for 12 years and counting – longer than any other Soviet elected to the position.

The extensive reign, combined with his enigmatic personality, means plenty of memorable Putin quotes have racked up over the years…

Here are 15 of the most striking Putin quotes - you'll find the strained relationship between Putin, Obama, and their two respective nations surface in more than a few of these.

Glencore's Collapse Gives Commodities Their "Lehman Brothers Moment"

On Monday, European commodities and mining powerhouse Glencore had a very bad day, and its shares dropped 29%.

Maybe you hadn't heard of Glencore before Monday. But I'd wager that, by the end of this year, everyone will know the name. Just like they know the names AIG, Lehman Brothers, and Bear Stearns.

You see, what's happening with Glencore is an eerie, picture-perfect replay of what happened in the AIG meltdown of 2008.

And what happens next is going to rock the entire market.

We all have to move quickly on this one...

Alibaba Stake Spin-Off News Sends Shares Higher Today (NYSE: BABA)

The tax-free Alibaba stake spin-off of Yahoo Inc. will move forward, Yahoo announced in a filing Monday. Yahoo Inc.'s (Nasdaq: YHOO) Alibaba shares are worth roughly $22 billion.

Earlier in September, the IRS announced that it has not explicitly signed off on the tax-free Alibaba stake spin-off. Now, Yahoo officials are betting that their plan is legally acceptable and will pass the IRS's regulations.

Here's what today's news means for investors...