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Tuesday, September 4, 2012

Reuters Money: SEC appeals in bid to help Stanford victims file claims

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09/4/2012
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
SEC appeals in bid to help Stanford victims file claims
WASHINGTON (Reuters) - Securities regulators said on Friday they would appeal a federal judge's ruling rejecting their request for an industry-backed fund to start a court proceeding that could help compensate the victims of Allen Stanford's $7 billion Ponzi scheme.
As school starts, parents pay up for grades
(The author is a Reuters contributor. The opinions expressed are his own.)
Column: Hedge funds prepare for another oil spike - John Kemp
(John Kemp is a Reuters market analyst. The views expressed are his own)
Is it time to trade up to a better job?
NEW YORK (Reuters) - If there are no jobs out there, someone forgot to tell Andrew Gordon.
California legislature approves pension reform
SACRAMENTO, California (Reuters) - California's legislature easily passed a pension reform measure on Friday that cuts some of the most generous public employee retirement benefits in the United States, but even many supporters of the plan called it only a first step in fixing a pension deficit that has been decades in the making.
BlackRock picked its battles in fierce proxy season
BOSTON (Reuters) - Funds run by BlackRock Inc went along with management during high-profile proxy contests at JPMorgan Chase & Co and Citigroup Inc, new filings show, limiting gains by dissident shareholders during the noisy spring proxy season.
Consumer confidence rises but outlook still grim
NEW YORK (Reuters) - Consumer sentiment hit a three-month high in August as households chipped away at outstanding debt, though Americans were pessimistic about the future, a survey showed on Friday.
Investors swarmed into bond funds ahead of Jackson Hole: EPFR
NEW YORK (Reuters) - Investors continued to bet on U.S. bond funds in the latest week as investors played it safe in the face of continued economic weakness, data from EPFR Global showed on Friday.
Column: Shakeup complicates finding a good financial adviser
(The author is a Reuters columnist. The opinions expressed are his own.)
Factory orders post biggest rise in one year
WASHINGTON (Reuters) - New orders for U.S. factory goods rose more than expected in July, posting the biggest increase since July 2011 and rising for the second time in three months.
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