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Wednesday, April 4, 2012

Reuters Money: Euro zone in recession, India slows

Reuters » Money 2012
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04/4/2012
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
Euro zone in recession, India slows
LONDON (Reuters) - Euro zone businesses floundered in March and growth among Asian firms cooled, but data on Wednesday portrayed a resilient U.S. jobs market last month, underscoring widening fault lines in the global economy.
Analysis: Equity/bond skew leaves investors skeptical
LONDON (Reuters) - After so many false dawns, long-term investors face the growing problem of how to recognize a genuine, sustainable recovery in global markets - whenever it eventually shows up.
How to time the season ticket market like a stock pro
(Reuters) - With the baseball season starting and fans already talking about football lineups, buyers are looking for ticket opportunities the way investors analyze stock performance for undervalued funds.
Federal Reserve tones down talk of more stimulus
WASHINGTON (Reuters) - Federal Reserve policymakers have backed away from the need for another round of monetary stimulus as the U.S. economy gradually improves.
Obama assails Republican budget plan, aims at Romney
WASHINGTON (Reuters) - President Barack Obama accused Republicans on Tuesday of favoring the rich with a "radical" budget plan that focuses on cutting popular programs, which the White House sees as a potent vote winner for Democrats in this year's election.
Bank of NY Mellon must face lawsuit on Countrywide
(Reuters) - A federal judge rejected Bank of New York Mellon Corp's bid to dismiss a lawsuit by investors over its role as trustee for mortgage-backed securities that led to an $8.5 billion settlement by Bank of America Corp.
JPMorgan stable value fund exiting private mortgages
NEW YORK (Reuters) - JPMorgan Chase & Co is shedding mortgage debt from a stable value fund, under pressure from insurers in a case raising questions about suitable investments for funds normally regarded as a super-safe haven for retirement savings.
Veteran Merrill Lynch adviser goes independent
(Reuters) - After starting his career 14 years ago at Merrill Lynch, veteran adviser and former manager Myles Pritchard is striking out on his own.
GE, Johnson & Johnson among firms to give more lobbying detail
BOSTON (Reuters) - A dozen U.S. companies have agreed to disclose more about their lobbying efforts in return for avoiding public showdowns at their annual meetings, a sign of growing traction for corporate governance reforms this year.
Will France remain in Europe's core: James Saft
(James Saft is a Reuters columnist. The opinions expressed are his own)
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