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Friday, August 17, 2012

Reuters Money: Data points to lackluster economic growth

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08/17/2012
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
Data points to lackluster economic growth
WASHINGTON (Reuters) - A trend measure of Americans signing up for new jobless benefits fell close to a four-year low last week, but weakness in a regional factory gauge showed U.S. recovery still faces an uphill climb.
Hedge funds bet on oil spike as Israel attack fears grow
NEW YORK (Reuters) - Hedge funds are quietly laying new bets on a potential spike in oil prices tied to the possibility of an Israeli attack on Iran, skewing the options market to a bullish bias for the first time in six months.
Wall Street bonuses to rise moderately in 2012: pay consultant
(Reuters) - Bonuses are expected to rise at a "moderate" pace across Wall Street this year, with senior executives getting up to 10 percent increases, according to a report on Thursday by the compensation consulting firm Johnson Associates.
Investors may stay cool on Canada oil stocks-analyst
CALGARY, Alberta (Reuters) - Global investors are likely to remain cool on Canada's oil patch, despite expectations of rapid gains in output, as they worry about economic risks and a squeeze on pipeline capacity that will keep pressure on crude prices, an analyst said.
NFA approves new safeguards for customer funds
WASHINGTON (Reuters) - The National Futures Association approved new rules on Thursday to beef up protection for futures customers, one month after a fraud at collapsed brokerage Peregrine Financial Group left a $200 million hole in customer funds.
Beaten up BNY Mellon attracts Buffett, Hawkins and Yacktman
BOSTON (Reuters) - Some well-known value investors have taken a shine to Bank of New York Mellon Corp, the world's largest custody bank, whose stock price remains below levels seen before the financial crisis imploded in 2008.
High returns are the real false cult
(James Saft is a Reuters columnist. The opinions expressed are his own)
Column: Cash not king for the risk averse
(The author is a Reuters columnist and the opinions expressed are his own.)
Meet the Ryans, scattered fund investors like the rest of us
BOSTON (Reuters) - Paul Ryan and his wife have accumulated far more savings than the typical American couple, but they still face an all-too-common investing problem: holding an unwieldy collection of mutual funds.
Blyth unit ViSalus files for IPO
(Reuters) - Nutritional supplements seller ViSalus Inc filed to raise up to $175 million in an initial public offering and plans to use the proceeds to pay a special dividend, sending shares of majority stockholder Blyth Inc to a four-year high.
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