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Monday, April 14, 2014

Reuters Money: Tensions over money flows bode poorly for global economy

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04/14/2014
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
Tensions over money flows bode poorly for global economy
WASHINGTON (Reuters) - For a bunch of people who just agreed the global economy is doing better, top officials from the world's rich and poor nations sound rather worried.
Making a financial stretch is key to saving for college
LOS ANGELES (Reuters) - Parents who aren't saving for college could learn a lesson or two from low-income parents who do.
FBI conducting a probe into Herbalife: sources
NEW YORK/BOSTON (Reuters) - The FBI is probing Herbalife Ltd, the nutrition and weight loss company that hedge fund manager William Ackman has called a pyramid scheme, sources familiar with the investigation said on Friday.
Investors support deals spree, happy to see U.S. companies buy growth
NEW YORK (Reuters) - After years of responding to shareholder calls for stock buybacks and dividends, major American companies are hearing a different demand from investors: buy growth.
Pension funds sue Darden restaurants over shareholder rights: WSJ
SAN FRANCISCO (Reuters) - A group of shareholders has sued Darden Restaurants Inc, accusing the company of changing corporate bylaws to try to block investors' right to vote on a plan to sell or spin off its Red Lobster dining chain, the Wall Street Journal reported on Saturday.
As Internet shares break down, investors see value in old tech
NEW YORK (Reuters) - The last six weeks have been terrible for many technology shares, but not for the four horsemen that sat atop the last tech boom.
Puerto Rico bonds sink as commonwealth hires restructuring experts
NEW YORK (Reuters) - Prices of Puerto Rico's newly issued $3.5 billion debt sank in heavy trade late on Friday, hitting the lowest price ever at the end of a week when the indebted U.S. commonwealth hired additional teams of debt restructuring experts.
Loomis Sayles' Fuss sees little value in bonds, boosts cash in fund
NEW YORK (Reuters) - Dan Fuss, known as the Warren Buffett of bonds, said his $23 billion Loomis Sayles Bond Fund is sitting on more than 20 percent of cash and cash equivalents, its highest level ever, because he sees scant opportunities in the bond market.
U.S. government says hackers trying to exploit 'Heartbleed' bug
BOSTON (Reuters) - The U.S. government warned banks and other businesses on Friday to be on alert for hackers seeking to steal data exposed by the "Heartbleed" bug, as a German programmer took responsibility for the widespread security crisis.
China's cross-market trading could make A-Shares ETFs a good buy: analysts
NEW YORK (Reuters) - U.S. investors could benefit from China's decision to allow cross-market investing between Shanghai and Hong Kong by buying exchange-traded funds that have access to China's mainland A-shares market, Credit Suisse analysts said in a note on Friday.
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