Reuters Money: Earnings' fun-house mirror: James Saft

	Click to View in Browser 04/30/2013 Earnings' fun-house mirror: James Saft (Reuters) - U.S. corporate earnings appear as if reflected in a distorting fun-house mirror: profits are huge but revenues strangely shrunken. Don't let that 529 college plan hurt your financial aid NEW YORK (Reuters) - Tax-advantaged 529 college-savings plans have been a huge help for many students and their families as the costs of higher education have soared. But if you're applying for financial aid (and who isn't?) you need to know how these accounts will affect your bottom line. U.S. consumer bureau tweaks credit card rule for at-home parents WASHINGTON (Reuters) - The consumer bureau said on Monday it tweaked its rules to fix part of a 2009 law that lawmakers and industry groups said kept some stay-at-home parents from getting credit cards. Slower world growth gives commodity investors cold feet LONDON/NEW YORK (Reuters) - Investors are staying away from commodities, fearing that the worst is yet to come after prices plunged in April on signs of slower world economic growth. Nasdaq plans to launch ETP trading platform in May NEW YORK (Reuters) - Exchange operator Nasdaq OMX Group said on Monday it will relaunch PSX, its third trading platform, in May with a specific focus on exchange-traded products (ETPs). Investors hunt for emerging bank shares as euro casts shadow over west LONDON (Reuters) - The euro zone debt crisis has made investors wary of western European bank stocks and they are seeking more value and less risk in banks in central Europe, Russia, Turkey and even Africa. IMF flags risks of asset bubbles, middle income trap in Asia SINGAPORE (Reuters) - Asia needs to guard against asset bubbles and its emerging economies must improve government institutions and liberalize rigid labor and product markets if they wish to reach the level of developed countries, the International Monetary Fund said on Monday. Birmingham City owner pleads not guilty to money laundering HONG KONG (Reuters) - Birmingham City football club owner Carson Yeung pleaded not guilty to charges of laundering more than HK$720 million ($92.74 million) and his defense team sought to have the case thrown out, saying some related documents were no longer available. Indian hedge funds dare where foreign investors fear to tread MUMBAI (Reuters) - Indian hedge fund manager Kalpesh Kinariwala is so sure of his equity strategies in a country that has stumped foreign rivals that he sends a daily e-mail tracker of his performance - including to competitors. Column: Gambling with your retirement: PBS gets in on the action CHICAGO (Reuters) - PBS Frontline is shocked - shocked! - to find that investors hold retirement accounts that cost too much and eat into long-term returns, even though financial experts have been hammering away on these issues for years Related Video Forget gold: The case for REITs 3 myths about gold Business News Wall Street opens flat with data, Fed eyed Labor costs rise modestly, but error could distort data 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