Bob's Daily Buzzword: `Horizon Arbitrage'
Sept. 18 (Bloomberg) -- Alibaba Group said it completed a repurchase of a stake in itself that was held by Yahoo! through transactions valued at $7.6 billion. Jon Erlichman reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)
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The Plan to Turnaround Europe's Most Troubled Bank
57:37 - Marco Morelli, the newly appointed chief executive officer of Banca Monte dei Paschi di Siena SpA won patience from shareholders as he prepared to execute a turnaround plan. Speculation the lender was nearing a breakthrough in luring a marquee investor to its capital raising even helped the stock double from record lows. Morelli joined Anna Edwards and Manus Cranny on "Bloomberg Daybreak: Europe" to discuss his business plan.