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Tuesday, December 25, 2012

Reuters Money: Retailers hope late Christmas shoppers bring good cheer

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12/25/2012
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
Retailers hope late Christmas shoppers bring good cheer
CHICAGO/WHITE PLAINS, New York (Reuters) - Retailers limped into Christmas with last-minute blowout deals on everything from TVs to celebrity-branded clothing, after a disappointing few weeks of sales led many analysts to lower their expectations for the holiday season.
Why you need to gauge your human capital
CHICAGO (Reuters) - The end of the year is a good time to illuminate your personal financial situation in a different way. Instead of focusing exclusively on financial capital - how much money you have accumulated - look at your human capital.
The sinking of "Plan B"; the U.S. "fiscal cliff" disaster of John Boehner
WASHINGTON (Reuters) - Had there been a vote on Republican House Speaker John Boehner's "Plan B" to avert the so-called U.S. fiscal cliff on Thursday night, it would not have been close. He was probably 40 to 50 votes short of the number he needed to avoid a humiliating defeat at the hands of his own party, according to rough estimates from Republican members of Congress and staff members.
Considering divorce? Good reasons to wait for January
(Reuters) - Going through a divorce during the holidays can be emotionally wrenching, which is why many people don't do it - they put it off until January.
Investors shun bonds and seek stock ETFs despite fiscal worry
NEW YORK (Reuters) - Investors finally soured toward bond funds and favored riskier stock exchange-traded funds in the latest week despite gridlock over negotiations to avert the nearing "fiscal cliff" and a typically cautious year-end trading period.
Showrooming little threat to clothiers in ho-hum holidays
Chicago (Reuters) - In retail, showrooming has not hit shirts yet.
Analysis: Apple's swoon exposes risk lurking in mutual funds
NEW YORK (Reuters) - The nearly 28 percent decline in shares of Apple Inc since mid-September isn't just painful to individual shareholders. It's also being felt by investors who chased hot mutual funds that loaded up on Apple as the stock raced to a record $705 per share.
Bank investors seek well behaved cost-cutters
LONDON (Reuters) - Investors will be looking for banks that can cut costs, pay dividends and stay out of trouble next year as 2012's across-the-board rally wanes.
Wells Fargo agrees to proposed settlement on shareholder actions
(Reuters) - Wells Fargo & Co would pay up to $2.5 million in attorneys' fees and implement certain corporate governance changes under a proposed settlement of lawsuits brought by shareholders on behalf of the company, according to a securities filing by Wells on Friday.
Credit debt, tax reform, low savings keep money pros up at night
NEW YORK (Reuters) - If you're reading this article after Dec 21, the Mayans got it wrong. The world is still here.
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