Reuters Money: Exclusive: Fidelity pushes stock fund managers on performance

Click to View in Browser 06/13/2012 Exclusive: Fidelity pushes stock fund managers on performance BOSTON (Reuters) - Top portfolio managers at Fidelity Investments are getting more scrutiny than ever of their investment decisions as the Boston-based mutual fund company works to reverse a pattern of inconsistent performance. Mortgage applications rose last week: MBA NEW YORK (Reuters) - Applications for home mortgages rose last week to their highest level since 2009, an industry group said on Wednesday. China beats LME as draw for copper: Clyde Russell LAUNCESTON, Australia (Reuters) - Can the shifting of stocks to Shanghai from London Metals Exchange warehouses really be enough to explain the unexpected gain in China's copper imports in May? Retirement savers stay put when employers boost contributions June 12 - So much for the notion that workers will drop out of their workplace retirement savings plan if employers automatically enroll them at aggressive contribution rates. Aging Microsoft lures young tech idealists SEATTLE (Reuters) - The young interns, some of the nation's best and brightest in technology, business and design, had plenty of enthusiastic words to describe their summer employer. Krawcheck: Risks, not loss, important in JPMorgan trade NEW YORK (Reuters) - Veteran banker Sallie Krawcheck believes regulators and pundits are missing the point when they debate JPMorgan Chase & Co's recent trading loss. Tumbling oil tests notional price floor: John Kemp LONDON (Reuters) - Following recent falls, oil prices are much closer to the industry's marginal cost, especially in North America, where light sweet crude futures are now valued at only a little over $80 per barrel. Your money: The best investment I ever made New York (June 12) - In this choppiest of stock markets, it's very easy to get discouraged. The S&P 500 just had its worst month of the year, the Facebook initial public offering was a wreck, and all those rumors out of Europe aren't helping anything. China's high oil imports are all about Iran: Clyde Russell LAUNCESTON, Australia (Reuters) - The gain in China's crude oil imports in May to a record high is a reflection of increased stockpiling rather than a sign of rising demand and economic strength. Same thing, same results in Spain: James Saft (Reuters) - It is shaping up to be a vintage year for doing the same thing over and over again but expecting different results. Related Video U.S. home prices head higher for second month in a row American shopper happiest in four years Business News Futures point to lower open after data Weak retail sales point to slower spending The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend