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Tuesday, May 14, 2013

Reuters Money: Weak yen a boon for investors, not Japan: James Saft

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05/14/2013
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
Weak yen a boon for investors, not Japan: James Saft
(Reuters) - Buy Japanese stocks if you must but don't expect Abenomics and the fall of the yen to revitalize Japan's economy.
Families edging out private equity in consumer deals
LONDON (Reuters) - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
Insight: Housing improvement may herald return of U.S. workforce mobility
NEW YORK/WASHINGTON (Reuters) - When David Pendery, a corporate public relations specialist, decided to move his family from Colorado to Illinois this year for work, his biggest worry was whether he would be able to sell his home quickly.
Hedge fund proposes revamped Hess board to end proxy fight
(Reuters) - The activist investor engaged in a proxy battle with Hess Corp has proposed a new board for the oil producer that would include all nominees put forward by both sides ahead of a vote on Thursday.
How useful (and free) are those free credit scores?
(Reuters) - Credit scores were long something that lenders got to see and consumers only found out about later. Now, pretty much anyone can take a look at their credit scores whenever they want to, but it's not clear which of those scores matter. And most scores that consumers see for free are not the same ones bankers are using to weigh customer creditworthiness.
Low costs lure U.S. college students abroad
BOSTON (REUTERS) - Looking for a low-cost college option? Consider learning German.
IRS kept shifting targets in tax-exempt groups scrutiny: report
WASHINGTON (Reuters) - When tax agents started singling out non-profit groups for extra scrutiny in 2010, they looked at first only for key words such as 'Tea Party,' but later they focused on criticisms by groups of "how the country is being run," according to investigative findings reviewed by Reuters on Sunday.
To beat the bull market, focus on company owners
NEW YORK (Reuters) - For Peter Doyle, manager of the $1 billion Kinetics Paradigm No-Load fund, beating the performance of nearly every other world stock fund over the last year was simple: where competitors diversified abroad, he focused almost exclusively on the U.S.
Andreessen: Decline of IPOs could hit middle class
SAN FRANCISCO (Reuters) - Netscape founder-turned-venture-capitalist Marc Andreessen said the declining number of initial public offerings is hurting performance of public markets and would affect the millions of Americans who hold retirement savings in the stock market.
New York state pension fund assets hit record high
NEW YORK (Reuters) - New York state's public pension fund assets hit a record high in the last fiscal year, buoyed by strong performance in financial markets, New York state Comptroller Thomas DiNapoli said on Monday
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