Reuters Money: Ackman to renew attack on Herbalife at Robin Hood conference

	Click to View in Browser 11/22/2013 Ackman to renew attack on Herbalife at Robin Hood conference BOSTON (Reuters) - Activist investor William Ackman will renew his attack on Herbalife at a conference on Friday, almost a year since he shocked Wall Street with a $1 billion short bet against the weight-loss company, a person familiar with his plan said. SAC chief operating officer to leave as hedge fund transforms NEW YORK (Reuters) - A top lieutenant at Steven A. Cohen's SAC Capital Advisors will leave the hedge fund in the new year as the once $15 billion firm converts to a family office, according to a memo sent to employees and seen by Reuters. Generational smackdown! Who is best at retirement saving? NEW YORK (Reuters) - The stereotype of American millennials is not pretty: Hanging out in basements, sponging off mom and dad, not making much money to speak of, and not really sure of what to do with it, when they do get it. Investors wary of U.S. stock surge, even as money piles in NEW YORK (Reuters) - Many prominent managers at the Reuters 2014 Global Investment Outlook Summit believe the record-setting run-up in U.S. stocks is due for a reckoning but acknowledge that ample liquidity could push equities higher regardless of fears. U.S.-based stock funds reap $4.2 billion on Yellen remarks: Lipper NEW YORK (Reuters) - Investors in U.S.-based funds poured $4.2 billion into stock funds in the latest week on signals from Federal Reserve Vice Chair Janet Yellen that the central bank would keep its bond-buying in place for some time, data from Thomson Reuters' Lipper service showed on Thursday. SEC say credit raters can manage some conflicts WASHINGTON (Reuters) - Credit-rating agencies that also offer consulting and risk-management services are taking proper steps to mitigate potential conflicts of interest and should not face additional regulations, the Securities and Exchange Commission said on Thursday. Loeb reveals $1 billion-plus stake in Japan's SoftBank (Reuters) - Hedge fund manager Daniel Loeb on Thursday disclosed a $1 billion-plus stake in Japan's SoftBank Corp at an investment conference, while another top money manager warned in an interview of the "bubble-like" conditions of some stocks. Taper on tap, sweeteners at ready (James Saft is a Reuters columnist. The opinions expressed are his own) Analysis: Markets finally absorb Fed's two-track message SAN FRANCISCO (Reuters) - After months of misfires, the U.S. Federal Reserve's message is finally getting through to Wall Street: to taper is not to tighten. U.S. municipal bond funds post $421.8 million in inflows: Lipper (Reuters) - U.S. municipal bond funds reported $421.8 million of net inflows in the week ended November 20, compared with $903 million in outflows in the previous week, according to data released by Lipper on Thursday. Related Video The worst "best" financial advice Facial recognition brings new look to shopping Business News Wall St. edges higher after Dow hits 16,000 Caterpillar probed for dumping train parts into sea: WSJ 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