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Friday, April 25, 2014

Reuters Money: YouTube: A profitable channel for financial advisers

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04/25/2014
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
YouTube: A profitable channel for financial advisers
CHICAGO (Reuters) - Alan Moore, a Milwaukee, Wisconsin, financial planner, no longer experiences that awkward moment when new clients walk in and are surprised to see he is in his 20s, doesn't wear a suit and tie, and speaks with a Southern drawl.
Bond funds worldwide attract $3.3 billion over week: BofA
NEW YORK (Reuters) - Fund investors worldwide poured $3.3 billion into bond funds in the week ended April 23, marking the seventh straight week of inflows into the funds, data from a Bank of America Merrill Lynch Global Research report showed on Friday.
Look beyond Medicare data when shopping for healthcare
BOSTON (Reuters) - The recent release of Medicare billing records for doctors across the United States brought hope that consumers would get what they need to comparison-shop for healthcare.
Ackman to pay Herbalife whistleblowers' legal fees, not lost pay
BOSTON (Reuters) - Activist investor William Ackman, who is betting more than $1 billion that Herbalife is a pyramid scheme, will cover legal fees and damages for whistleblowers who have spoken out against the company, but not lost wages if they lose their jobs.
Why the IRS wants you to watch your IRA rollovers
CHICAGO (Reuters) - Memo from the Internal Revenue Service to retirement investors: Be careful with those individual retirement account rollovers.
Federated Investors net income, revenue fall on fee waivers
(Reuters) - Asset manager Federated Investors Inc said first-quarter net income fell 18 percent as it waived more fees on its money market funds.
U.S.-based stock funds attract $2.6 billion inflows: Lipper
NEW YORK (Reuters) - Investors in U.S.-based funds committed $2.6 billion to stock funds in the week ended April 23 after some strong corporate earnings drove a rebound in equities, data from Thomson Reuters' Lipper service showed on Thursday.
Seattle mayor finds impasse over $15 hourly wage proposal
SEATTLE (Reuters) - A coalition of business, labor, and nonprofit interests assembled by the mayor of Seattle has failed to agree on a proposal that, if adopted by lawmakers, would raise the city's minimum wage to $15 per hour, more than double the U.S. national rate.
'White label' firms help managers jump into the ETF market
NEW YORK (Reuters) - While a handful of big players have long dominated the exchange-traded funds market, more smaller players are elbowing their way in, thanks to the growth of "white label" ETF companies that will build and launch ETFs for a modest fee and a share of the profits.
Proxy advisers split backing in battle for Sotheby's board
BOSTON (Reuters) - Two prominent proxy advisory firms on Thursday split their recommendations on how investors should vote in a battle between auction house Sotheby's and activist investor Daniel Loeb.
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