At least two groups of American hedge funds have bought large chunks of Tim Hortons shares recently, a sign the activist investors want to push the company to make major changes to its business, or possibly give up some control over the company.

CBC | Business News

Stocks Deliver Solid Rally As Investors Brace For Bernanke; Activists Target …
Forbes
Ahead of the Fed's potentially game-changing decision, U.S. stocks delivered another solid rally on Tuesday, with the Dow clocking in its sixth consecutive triple digit move. As investors calibrate their expectations that Bernanke will taper his …

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stocks – Google News

Los Angeles Times

In Europe, Sales of Cars Hit Their Lowest Level in 20 Years
New York Times (blog)
PARIS — European car sales tumbled again in May, reaching their lowest level in 20 years, manufacturers' data showed Tuesday, but analysts and industry officials said the market might have finally begun to bottom out. Sales fell 5.9 percent in May …
Autos sales in Europe plunge to lowest level in two decadesLos Angeles Times
Europe's Car Makers Stuck In ReverseWall Street Journal
Why GM's car sales are cratering in Europe while Ford's are almost steadyQuartz
CTV News -The Detroit News (blog) -24/7 Wall St.
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europe – Google News

Voice of America

FOREX-Euro in demand as Fed faces crunch time
Reuters
Sponsored Links. FOREX-Euro in demand as Fed faces crunch time. Tweet · Share this · Email · Print. Related News. Dollar gains on yen ahead of Fed; euro gains on data. 4:55pm EDT. GLOBAL MARKETS-Asian shares ease as Fed meeting keeps markets …
Dollar Firms Ahead of FOMC Meeting and Other Top Forex News.Forex Market (blog)
Forex – Dollar holds steady ahead of Fed meet, data softens slightlyInvesting.com
FOREX-Dollar gains on yen ahead of Fed; euro gains on dataReuters UK
Moneycontrol.com -OANDA Forex (blog) -MarketsNTrade
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forex – Google News

Dow Jones Union Explains Buyout Situation Before News Corp Split
Huffington Post
Dow Jones union, which represents staffers at the Wall Street Journal, provided details Tuesday about company buyouts that were reported last week. The union told employees Tuesday that "buyouts are being offered now because severance packages can …

dowjones – Google News

NPR

Episode 466: DIY Finance
NPR
Mike Smith lives by himself in a small house in a small town in Kentucky, near the Ohio River. He makes about $ 1,000 a month, owns his house outright, and doesn't carry any debt. He suspects that his brother and at least one but maybe all of his three …

finance – Google News

Bloomberg

G-8 Leaders See Worst Over for World Economy
Bloomberg
Leaders of the Group of Eight nations said the worst has passed for the global economy following summit talks on promoting employment and growth. While the economic outlook is subdued, risks have abated, the G-8 said in a statement early today, the …

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economy – Google News

Financial Engines Larger Than S&P 500 Component Apollo Group
Forbes
Market capitalization is an important data point for investors to keep an eye on, for various reasons. The most basic reason is that it gives a true comparison of the value attributed by the stock market to a given company's stock. Many beginning …

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sp500 – Google News

Wall Street Journal

Immigration Law Changes Seen Cutting Billions From Deficit
New York Times
WASHINGTON — Congressional budget analysts, providing a positive economic assessment of proposed immigration law changes, said Tuesday that legislation to overhaul the nation's immigration system would cut close to $ 1 trillion from the federal deficit …
House GOP Finds Everything Wrong With Immigration Law And Tries to Make It …ColorLines magazine
Republicans trying to use health-care law to derail Obama's immigration reform …Washington Post

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law – Google News

Nasdaq rises more than 1 percent
Reuters
The Dow Jones industrial average .DJI was up 153.55 points, or 1.01 percent, at 15,333.40. The Standard & Poor's 500 Index .SPX was up 14.37 points, or 0.88 percent, at 1,653.41. The Nasdaq Composite Index .IXIC was up 35.12 points, or 1.02 percent, …

nasdaq – Google News