- The Telegraph
Residents unhappy at phone box floral display veto
A cash-strapped council has come under fire for removing a beloved phone box floral display.
- Yahoo Finance Video
This Latin American stock is gaining momentum: Strategist
Jennison Associates Head of Global Equity Mark Baribeau joins Market Domination Overtime to discuss key growth areas in emerging markets for investors looking to diversify their portfolios. "If you look at what's going on in emerging markets, particularly in Latin America, is the boom in technology platforms that are addressing not just e-commerce, but financial technology," Baribeau highlights. He adds, "There's a huge unmet need in the marketplace in Latin America for low-cost credit access to banking services," explaining the importance of technology platforms to help fill that need. He points to MercadoLibre (MELI) as one of those platforms, explaining that its e-commerce and fintech businesses are growing. He adds that the company's biggest markets are Brazil and Mexico. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Melanie Riehl
- Reuters
Hertz considers $700 million sale of secured debt plus convertibles, Bloomberg says
Hertz did not immediately respond to a Reuters request for comment. The company's advisors have started contacting potential investors regarding the issue of secured debt, according to the report, which added final decisions have not been made, and the size and terms of any financing could change. Hertz earlier this week named Spirit Airlines CFO Scott Haralson its new finance chief, as it looks to steady its business after a failed bet on electric vehicles sent its losses ballooning.
