Career News 24/7: Reuters Money: The U.S. pet economy didn't go to the dogs

Monday, February 11, 2013

Reuters Money: The U.S. pet economy didn't go to the dogs

Click to View in Browser

02/11/2013

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

The U.S. pet economy didn't go to the dogs

(Repeating from earlier Feb 88. The author is a Reuters contributor. The opinions expressed are his own.)

Einhorn case against Apple rests on unusual legal tactic

NEW YORK (Reuters) - Hedge fund star David Einhorn wants to force Apple Inc to share some of its huge cash reserves with investors, but his lawsuit rests on a U.S. securities rule that has little legal precedent.

U.S. Treasury in no rush to exit Ally Financial stake: source

(Reuters) - The U.S. Treasury, under pressure to quickly wind down its crisis-era bailouts, believes it will take time to shed auto lender Ally Financial because the company's mortgage lending unit is in a messy bankruptcy, a person familiar with the matter told Reuters.

Analysis: Pennsylvania pension "fix" could add to woes

(Reuters) - Pennsylvania Governor Tom Corbett has proposed a fix for his state's poorly funded public pension systems, but some say his medicine could be worse than the illness.

Analysis: U.S. funds get gun-shy on Europe's periphery

NEW YORK (Reuters) - After going gung-ho on the euro zone's weakest economies in the second half of last year, U.S. fund managers are paring back their bond holdings in the region, sensing they've seen the best for now.

Calpers, proxy firm support Apple on preferred stock proposal

SAN FRANCISCO (Reuters) - Apple Inc's move to eliminate from its charter the ability to issue preferred shares without first getting shareholder approval has received the support of the largest public pension fund in the United States, and an influential proxy firm.

Former analyst turned investor catches the activism bug

NEW YORK (Reuters) - Former Wall Street casino analyst turned investor Jason Ader is stealing a page from the playbook of billionaire traders Carl Icahn and William Ackman.

Older women staying on the job to make up lost time

(This is part of a five-story package on retirement that will run Feb 5 - Feb 7)

Women a growing market for Canadian financial advisers

TORONTO (Reuters) - Canadian financial adviser Frances Summerhill has always felt a special connection with female clients, but her focus on serving women is about more than just rapport: she sees growth opportunities in their increasing wealth.

NYSE and BIDS to end block trading joint venture

NEW YORK (Reuters) - NYSE Euronext plans to shut down the New York Block Exchange, a joint venture with dark pool operator BIDS Trading for executing large "block" trades because of a lack of market interest.