New Zealand posts budget surplus for first time since 2008; government plans to pay down debt + MORE Oct 13th

NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Wausau Paper Corp., up $2.93 to $10.22
Sweden-based SCA is buying the paper towel and tissue products company for $513 million in cash, marking a 41 per cent premium.
Ryder System Inc., down $7.02 to $68.63
The commercial transportation company lowered its profit outlook for the third-quarter and full year, citing an execution issue.
Johnson & Johnson, down 54 cents to $95.45
The health care giant posted a 29 per cent drop in third-quarter earnings, undercut by plunging sales of its hepatitis C medicine.
FMC Corp., down $1.18 to $36.35
The chemical company cut its outlook and will lay off up to 850 workers, citing the rapid devaluation of the Brazilian real.
Anheuser-Busch InBev SA, up $2.34 to $113.83
Brewer SABMiller accepted in principle an improved takeover offer from the rival brewer for 69 billion pounds, or $106 billion.
Twitter Inc…

WELLINGTON, New Zealand – New Zealand’s government on Wednesday posted a budget surplus for the first time since 2008, fulfilling a financial target it set itself after borrowing billions of dollars to pay for the fallout from the global financial crisis and a devastating earthquake.
The slim surplus of 414 million New Zealand dollars ($275 million) in the year ending June represented just 0.2 per cent of the nation’s economy. Finance Minister Bill English said the plan was to pay down public debt over time.
The centre-right government in May had forecast a small deficit for the year, but took in more tax and spent less than projected.
The result was a big turnaround from four years earlier, when the government posted a deficit of NZ$18.4 billion, equal to 9 per cent of the economy, following an earthquake in Christchurch that killed 185 people.
The nation’s currency was little changed Wednesday, with one New Zealand dollar trading at about $0.67.
New Zealand’s economic growth has slowed this year to a little over 2 per cent after prices plunged for dairy products, the nation’s biggest export…

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How it works
So what is a silver IRA account? Well, you have your traditional IRA account or a retirement plan with your employer. This is something that a lot of people are quite content to stop with…

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NEW YORK, N.Y. – The Village Voice, an alternative weekly founded six decades ago, has been bought by the owner of a Pennsylvania newspaper whose family has been involved in the industry for generations.
Peter Barbey told The New York Times (http://nyti.ms/1MxrdDA) that the Voice has “a unique journalistic role in New York and the country as a whole.”
Barbey’s family has been the longtime owner of The Reading Eagle. He bought the Voice for an undisclosed sum from the Voice Media Group, which owns a number of weekly newspapers.
Barbey bought the Voice through his investment company Black Walnut Holdings LLC, which is separate from the company that runs the Reading newspaper.
The Village Voice was the country’s first alternative newsweekly. It has won three Pulitzer Prizes and has been lauded for its arts and culture coverage and its investigations.
Barbey said he first became a fan of the Voice as a student in high school and has high hopes for what it can be moving forward…