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Monday, December 23, 2013

Reuters Money: Three ways to fix financial aid form flaws

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12/23/2013
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
Three ways to fix financial aid form flaws
(The opinions expressed here are those of the author, a columnist for Reuters.)
Hedge funds lose out to equities, again
LONDON (Reuters) - For hedge funds that made money this year there was only one strategy that really mattered - latching onto the stockmarket rally.
Investors push companies to flex M&A muscle ... carefully
LONDON (Reuters) - Investors have received billions of euros from European companies so cautious about the economic outlook they could find nothing better to do with spare cash, but many now want boards to snap up rivals instead - and are rewarding them when they do.
Grand travel in retirement doesn't come cheap
NEW YORK (Reuters) - When it comes to dreaming about retirement, travel is often at the top of the agenda. And by this, people don't just mean a trip or two over what could be a span of 30 or more years.
Swiss private bank EFG says will join US tax deal
ZURICH (Reuters) - EFG International on Friday became the latest Swiss bank to say it would work with U.S. officials in a crackdown on wealthy Americans evading taxes through hidden offshore accounts.
Ally to pay $98 million over U.S. auto lending bias charges
(Reuters) - Ally Financial Inc agreed to pay $98 million to settle claims by U.S. regulators that it discriminated in auto lending by charging minority borrowers higher interest rates than white borrowers.
U.S. fund firms raise cash levels to near six-year high in December: Reuters poll
NEW YORK (Reuters) - With the stock market at record highs, U.S. fund managers increased their average cash positions in December to the highest level in nearly six years and slightly cut their equity holdings, a Reuters poll showed.
Analysis: After market surge, investors switch focus to unloved stocks
NEW YORK (Reuters) - With the U.S. stock market on pace to end the year with a gain of almost 30 percent, including dividend payouts, fund managers are finding themselves searching for stocks that have been largely ignored as they head into 2014.
Private bank Union Bancaire Privee says joins U.S. tax deal
ZURICH (Reuters) - Union Bancaire Privee (UBP) on Friday became the latest Swiss bank to say it would work with U.S. officials in a crackdown on wealthy Americans evading taxes through hidden offshore accounts.
Tap your home equity line of credit before rates spike
NEW YORK (Reuters) - If you are one of the millions of Americans who took out a home equity line of credit (HELOC) in the midst of the housing bubble, there is a good chance you need to start paying it back soon -- and at a higher interest rate.
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