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Deputy Editor, MoneyBeat — Wall Street Journal
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Deputy editor of the Wall Street Journal's MoneyBeat blog. San Francisco Giants fan. Enchilada-maker. Amateur cat behaviorist.

Ocwen Shares Tumble On Latest Salvo From Lawsky

blogs.wsj.com — Ocwen Financial Corp. shares are tumbling amid reports that New York's top financial regulator has accused the mortgage-servicing company of backdating letters to borrowers. The stock was recently down $5.51, or 21%, to $20.75, on pace for its biggest drop since 1998.

Jon Stewart on Hank Greenberg’s Suit: ‘Lawsuits of the Rich and Shameless’

blogs.wsj.com — Jon Stewart doesn't think Hank Greenberg has much of a case. In a segment called "Lawsuits of the Rich and Shameless." the late-night comedian on Thursday pilloried the former chief executive of American International Group Inc. for a suit he's leading against the federal government.

MBIA Says Server Of Its Cutwater Unit ‘May Have Been Illegally Accessed’

blogs.wsj.com — Bond insurer MBIA Inc. on Tuesday said a server holding customer information for an asset-management subsidiary that it agreed this week to sell "may have been illegally accessed."

Hewlett-Packard Split: The Street’s Early Reaction

blogs.wsj.com — Hewlett-Packard Co., the tech giant whose name is synonymous with Silicon Valley, announced a plan on Monday to break itself in two, hiving off its personal computer and printer division from its enterprise products, a story that was first reported by the Journal on Sunday. Hewlett-Packard is the company that made Silicon Valley.

Deals of the Day: Buffett Is Selling Cars Now, Salix Calls Off Its Inversion

blogs.wsj.com — Deals of the Day is your one-stop-shop for the morning's biggest news from the finance beat, including M&A, IPOs, banks, hedge funds and private equity. Here's what's happening today: Warren Buffett wants to sell you a car. The billionaire investor's Berkshire Hathaway Inc.

Buffett Bought a Car Dealership; Now Everyone Else Wants One Too

blogs.wsj.com — Warren Buffett's Berkshire Hathaway Inc. on Thursday announced a deal to buy Van Tuyl Group, the fifth-largest auto dealership firm in the U.S. Now investors want to buy car dealerships too. Van Tuyl was a closely held firm, but shares of its publicly traded rivals are jumping Thursday as investors re-evaluate the sector.

Buffett nabs car dealership as first step into fragmented market

marketwatch.com — Warren Buffett already had the planes and trains. Now he's got automobiles. Buffett's Berkshire Hathaway Inc. on Thursday announced an agreement to acquire Van Tuyl Group, the fifth-largest auto dealership firm in the U.S., and Buffett said he plans to use the newly acquired company as a platform to make an even bigger move into the fragmented market for car sales.

Buffett Car Dealer Purchase Is First Step Into Fragmented Market

blogs.wsj.com — Warren Buffett already had the planes and trains. Now he's got automobiles. Mr. Buffett's Berkshire Hathaway Inc. on Thursday announced an agreement to acquire Van Tuyl Group, the fifth-largest auto dealership firm in the U.S., and Mr. Buffett said he plans to use the newly acquired company as a platform to make an even bigger move into the fragmented market for car sales.

Meet the CEO Working for $10.15/Hour

blogs.wsj.com — Meet the CEO working for minimum wage (sort of). Kevin DeNuccio, chief executive of publicly traded Violin Memory Inc., will make just $45,000 this year, according to a regulatory filing . The amount is based on the hourly minimum wage in Santa Clara, Calif., where the flash-drive maker is based - and will also cover Mr. DeNuccio's taxes, benefits, and purchases of company stock.

Podcast: With Gross Leaving Pimco, What Happens Now?

blogs.wsj.com — With the startling departure of Bill Gross from Pimco early Friday, the financial world is asking: What happens now? In the latest installment of MoneyBeat Week, our Friday podcast, the MoneyBeat crew looks at what's next for the Bond King and the company he co-founded.
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Oct 24, 2014

RT @PreetaTweets: Through a mix of traditional utility acquisitions and investment in renewables, Buffett has built an energy behemoth: on.wsj.com/1vTJty0

Oct 24, 2014

There was an ominous message for shareholder activists in the Rural/Metro court decision on.wsj.com/10qSvHa via @Dealpolitik

Oct 24, 2014

Bill Ackman doesn't call them hostile takeovers. In a deposition, he says, "I call them happy deals." on.wsj.com/1rrWJnn

Oct 23, 2014

Alibaba is poised to set a fresh closing high for the first time since its debut on.wsj.com/1pF8wPv via @KevinKingsbury $BABA

Oct 23, 2014

Strange things afoot: Gas stations are seeing their highest profit margins since 2008 even as prices keep dropping on.wsj.com/1DEoYb7

Oct 23, 2014

RT @GRogow: Reposting from last night because of importance - Genius discovery from my wife: If you say Hunter Pence fast, it sounds like underpants.

Oct 23, 2014

@GRogow I'm sure Hunter Pence's 3rd-grade classmates figured it out, but it's been lost to history. So please thank her for her rediscovery.

Oct 23, 2014

J.P. Morgan banker video-bombs live interview with Hong Kong protesters on.wsj.com/ZOBypj via @wsjprudence

Oct 22, 2014

@paulvigna I don't like to call them repeats. I prefer "reanimated."

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