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Adam Sarhan Reuters Quote: U.S. manufacturing grows in September for first time since May
By Leah Schnurr NEW YORK | Mon Oct 1, 2012 6:25pm EDT (Reuters) – U.S. manufacturing unexpectedly expanded in September for the first time since May as new orders and employment picked up, but the pace of growth showed the economy was still stuck in a slow recovery. The Institute for Supply Management said on Monday its…
Adam Sarhan Reuters Quote: Hedge fund commods bets up in banner week for gas, gold
By Barani Krishnan NEW YORK | Fri Oct 5, 2012 5:53pm EDT (Reuters) – The net long money held by hedge funds and other big speculators in U.S. commodity markets rose in the week to Tuesday after strong buying in gold and natural gas, trade data showed on Friday. The rise – calculated from data issued by…
Adam Sarhan IBTimes Quote: Madison Square Garden Spinoff Could Reveal How Much Knicks, Rangers Are Worth
By Jessica Menton on October 28 2014 7:43 PM The Madison Square Garden Company announced on Tuesday it is exploring splitting its business into two separate companies, which would spin off the New York Knicks and Rangers from MSG’s entertainment unit. The reasoning for the split could be largely driven by investors who want to…
Sarhan in CNBC: Dow up 100 points as Goldman gains; dollar in focus
Monday, May 2, 2016 2:37pm U.S. stocks traded higher Monday, the first trading day of the month, with consumer discretionary and consumer staples leading advancers. The Dow Jones industrial average traded about 100 points higher, as Goldman Sachs contributed most of the gains. Apple, the biggest weight on the blue chips index, extended recent declines to…
Adam Sarhan Reuters Quote: Instant View: Consumer prices up in September on gasoline
Tue Oct 16, 2012 8:54am EDT (Reuters) – Consumer prices rose in September as the cost of gasoline surged, posing a threat to consumers’ spending power although faster inflation looked unlikely to derail the Federal Reserve’s ultra-easy policy path. KEY POINTS: * The Consumer Price Index increased 0.6 percent last month, in…
Adam Sarhan Quoted on Front Page of WSJ.com (Pg B5 of weekend edition) – US Stocks Shrug US Data & Dow Posts Back-to-Back Triple-Digit Gains
By CHRIS DIETERICH And TOMI KILGORE Friday, June 15, 2012 NEW YORK—Stocks advanced as hopes that central banks stand ready to support global markets following a key Greek election overshadowed dismal U.S. manufacturing data. The Dow Jones Industrial Average rose 58 points, or 0.4%, to 12707 in early trading. The Dow has battled through sharp gains and losses…
