RefBan

Referral Banners

Yashi

Wednesday, November 21, 2012

Reuters Money: After Sandy, some dump homes, while others hunt for bargains

Click to View in Browser
11/21/2012
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
After Sandy, some dump homes, while others hunt for bargains
WASHINGTON (Reuters) - "Reduced for Quick Sale!" reads Mike Montalbano's Craigslist ad for the three-bedroom home he needs to sell before he can relocate for a new job.
EU watchdog warns of bank-like risks for insurers
FRANKFURT (Reuters) - Insurers that venture into bank-like business activities in search of higher returns must realize they will be regulated like banks, the head of the European Union's insurance watchdog said on Wednesday.
Behind the Black Friday hot toy lists
NEW YORK (Reuters) - Get ready to hear a lot about the Eagle Talon Castle, the LeapPad2 from LeapFrog and the reincarnation of Furby - all of which toy industry insiders predict will be hot sellers this year.
Worries on U.S. taxes drive hedge fund exits to near three-year high
LONDON (Reuters) - The demand from investors to pull money out of hedge funds neared a three-year high this month, industry data showed, amid concerns over U.S. taxation of wealthy individuals under President Barack Obama and lackluster hedge fund performance.
FINRA threatens to suspend Morgan Keegan in ex-NBA star flap
(Reuters) - Wall Street's industry-funded watchdog, FINRA, has notified Morgan Keegan & Co. that it will suspend the brokerage's license for not complying with an arbitration ruling in favor of retired basketball star Horace Grant unless the firm meets certain conditions, according to a letter reviewed by Reuters.
SEC bars adviser for faking amount of client assets
(Reuters) - An investment adviser who federal regulators said misrepresented the amount of assets his firm managed in order to remain registered with federal, instead, of state, securities regulators, has been barred from the industry, the Securities and Exchange Commission announced Tuesday.
Latest arrest shines light on Cohen's CR Intrinsic unit
BOSTON/NEW YORK (Reuters) - CR Intrinsic, a unit of Steven A. Cohen's SAC Capital Advisors hedge fund, was long considered the crown jewel in the trader's $14 billion empire. But now, the SAC-affiliated fund is getting something of a rap sheet.
Shadow banking hangover still to come: James Saft
(Reuters) - Like a hangover that starts before you even go to bed, the fact that the shadow banking system has expanded since the crisis bodes poorly for what comes in the morning.
U.S. charges ex-SAC manager in $276 million insider scheme
NEW YORK (Reuters) - U.S. prosecutors on Tuesday charged a former SAC Capital employee with insider trading in a series of transactions that hedge fund titan Steven A. Cohen had personally signed off on.
Buyout returns beat equity benchmark: study
LONDON (Reuters) - Private equity firms' returns from investing in European buyouts have beaten the European stock market index over the last 10 years, according to data from Thomson Reuters.
Related Video
Home stocks on shaky foundation
Getting to the top of mobile wallets
Business News
Wall Street opens flat on Greek impasse, data
Jobless claims drop, factories post rebound
SUBSCRIBE TO OTHER REUTERS NEWSLETTERS
 Counterparties
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today  
Reuters Business 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 facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend

No comments:

Yashi

Chitika