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Wednesday, May 1, 2013

Reuters Money: Earnings' fun-house mirror: James Saft

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05/1/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Earnings' fun-house mirror: James Saft
(Reuters) - U.S. corporate earnings appear as if reflected in a distorting fun-house mirror: profits are huge but revenues strangely shrunken.
Column: Don't mess with Texas water, frackers warned
LONDON (Reuters) - Eagle Ford in Texas is one of the fastest-growing shale oil and gas plays in the United States, but it is also in one of the driest parts of the country.
U.S. hedge fund faces uphill task in battle with Tim Hortons
TORONTO (Reuters) - Highfields Capital, a U.S. hedge fund agitating for drastic change at iconic Canadian coffee-and-doughnut chain Tim Hortons Inc, is set for an uphill battle convincing some long-term institutional investors of the merits of its case.
Tough times for hedge funds that bet on market tumult
NEW YORK (Reuters) - Nelson Saiers, a trader and math whiz, runs the type of hedge fund that tends to perform best when markets are going haywire.
Rising markets draw back investors, boost U.S. fund firms
(Reuters) - Major U.S. money managers on Tuesday reported higher quarterly profits that largely beat Wall Street expectations after rising stock markets renewed investor interest in higher-fee equity funds.
If (Going to) Weddings costs too much: Meet the refuseniks
NEW YORK (Reuters) - If you were thinking of inviting Marissa Anwar to your wedding, you might want to save the postage. She is not interested.
Column: Droughts put U.S. energy supply in peril
LONDON (Reuters) - Water and energy are inextricably linked.
Don't let that 529 college plan hurt your financial aid
NEW YORK (Reuters) - Tax-advantaged 529 college-savings plans have been a huge help for many students and their families as the costs of higher education have soared. But if you're applying for financial aid (and who isn't?) you need to know how these accounts will affect your bottom line.
U.S. consumer bureau tweaks credit card rule for at-home parents
WASHINGTON (Reuters) - The consumer bureau said on Monday it tweaked its rules to fix part of a 2009 law that lawmakers and industry groups said kept some stay-at-home parents from getting credit cards.
Slower world growth gives commodity investors cold feet
LONDON/NEW YORK (Reuters) - Investors are staying away from commodities, fearing that the worst is yet to come after prices plunged in April on signs of slower world economic growth.
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