Proof there is no rebalancing in Europe is easy to find. For example, El Pais reports Spanish Debt Grows by €146 Billion.
What follows is a Mish-modified translation of the above Google-translation.
By Streetwise Blog:
By Tim Kiladze
It’s one thing for an activist shareholder to buy a stake in a company, giving the shares an initial bump, and another to actually implement real changes to enhance shareholder value.
ByDavin Flynn:Canada only possesses two national rail companies: Canadian National Railway (CNI) and Canadian Pacific Railway (CP). Of the two, Canadian National Railway is the larger by both track length and geographical coverage.
ByShrideep Murthy:The press is abuzz about Mr. William Ackman buying stock in Procter and Gamble (PG). Speculation is ripe about the kind of changes Mr. Ackman will try to bring about in the management team, possibly showing CEO Robert McDonald the door.
By David Hunkar: Canadian National Railway (CNI) and Canadian Pacific Railway (CP) are the major railroads in Canada. Activist investor Bill Ackman of hedge fund Pershing Square Capital Management has initiated a corporate battle to take control of the Canadian Pacific railroad and implement management changes.
By Jatin D. Shah:Canadian Pacific Railways (CP) operates a transcontinental railway in Canada and the United States over a network of approximately 14,800 miles. It has direct links into eight different ports in U.S. and Canada including Montreal, Vancouver, New York and Philadelphia. Canadian Pacific transports bulk traffic such as grain, coal, and sulphur; merchandise such as forest products, energy and automotive.