Reuters Money: U.S. second-quarter growth revised up, Fed still seen in play

	Click to View in Browser 08/29/2012 U.S. second-quarter growth revised up, Fed still seen in play WASHINGTON (Reuters) - The U.S. economy fared slightly better than initially thought in the second quarter, but the pace of growth remained too slow to shut the door on further monetary easing from the Federal Reserve. How to play it: What Apple's victory means for mobile investors (Reuters) - The world's most valuable company is now a little richer. Fidelity's Abigail Johnson to head all main operations BOSTON (Reuters) - Fidelity Investments said Tuesday Abigail Johnson was promoted to run all of the company's main businesses, the strongest signal yet that she could be the next leader of the mutual fund powerhouse founded by her grandfather. Column: G7 threatens stock release to stem oil rise: John Kemp (John Kemp is a Reuters market analyst. The views expressed are his own) Here's where Medicare could really save some money (The writer is a Reuters columnist. The opinions expressed are his own.) Morgan Stanley, Citi agree to extend arbitration period (Reuters) - Morgan Stanley and Citigroup Inc have agreed to give an arbitrator additional time to evaluate the price tag for their Morgan Stanley Smith Barney brokerage joint venture, the banks said on Tuesday. Big mutual funds split with management at Citigroup, JPMorgan BOSTON (Reuters) - Several leading mutual funds disclosed voting against management in high profile proxy battles at companies like Citigroup Inc, JPMorgan Chase & Co and Chesapeake Energy Corp, showing for the first time that they were part of this year's wave of shareholder discontent. Morgan Stanley hedge fund capital raiser Barrett to leave: report (Reuters) - Morgan Stanley's head of hedge fund strategic consulting, David Barrett, is leaving after 22 years to look for a job outside banking, Bloomberg reported, citing two people with knowledge of the matter. Capital Group lures wealthy investors as mainstream flees NEW YORK (Reuters) - Capital Group Companies has been luring wealthy private clients over the past few years with its long-term investment strategies as mainstream investors left the Los Angeles-based giant's American Funds in search of higher, more immediate returns. Column: New 401(k) fee disclosures call for new strategies (The author is a Reuters columnist and the opinions expressed are his own.) Related Video Getting to the top of mobile wallets Wealth Strategies: Uncertainty sending investors to options Business News Wall Street opens slightly higher after GDP Global shares slip, euro flat ahead of central bank moves 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