Paul Jones News
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Ashtead Group Plc, the U.K. equipment rental company that gets most of its sales from the Sunbelt unit in the U.S., rose to a record after saying full- year profit will exceed its forecasts as homebuilding rebounds.
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Third-ranked Duke University fell 73-68 to the University of Virginia in men’s college basketball.
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Bank of America Corp., the second- largest U.S. lender by assets, said D. Paul Jones will step down after three years on the firm’s board of directors.
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Robert Walters Plc fell the most in almost six months after the recruitment company said there were no signs that “challenging” market conditions will improve in 2013. Hays Plc and Michael Page International Plc also declined.
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Five years ago, there were 20,000 of us at London’s O2 for a Led Zeppelin concert billed as “the band reunion of the century.”
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Robert De Niro opened last night’s Kennedy Center Honors by calling honoree Dustin Hoffman a “colossal pain.”
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Money can be dull. There are only so many denominations, and only so many ways to make it. What’s interesting are the people who risk it, and over the past four decades no one has made more of a spectacle of risk than George Soros, whose Quantum fund famously bet $10 billion that the Bank of England would be forced to devalue the pound. Soros earned $1 billion on that trade and incalculable legend points.
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Aggreko Plc, the world’s largest provider of mobile power supplies, slumped the most in more than 10 years, wiping more than 1.2 billion pounds ($2 billion) off its market value, after saying earnings will be “slightly lower” next year because of slowing demand in emerging markets.
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The University of Virginia’s board named Carl Zeithaml, dean of the McIntire School of Commerce, as interim president after a week of turmoil caused by the ouster of President Teresa Sullivan.
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Carl George’s $1.7 billion hedge fund at Pivot Capital Management Ltd. rose 17 percent in 2011 after he predicted a surprise interest rate cut in Brazil.
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