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How to see the world and 'arbitrage' your retirement
ReutersNEW YORK (Reuters) - In the financial world, arbitrage is a trading strategy that earns profit by exploiting price differences between markets. By that definition, Dan Prescher is a sophisticated arbitrageur. The 58-year-old makes a decent living as a...Tags: Health Insurance Cost, Healthcare Provider, Securities, Services and Shopping, Rentals
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UK pension funds take on leveraged loans in search for yield
ReutersBy Sarah Mortimer LONDON, May 17 (Reuters) - UK pension funds are dipping a toe into the specialist market for high yielding but risky bank loans in an effort to offset poor returns in their traditional investment portfolios. After years of slow...Tags: Emerging Market, Interior Policy, Banking, Credit Ratings, United Kingdom
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Investment grade Turkey hopes and fears more investment
ReutersBy Sujata Rao LONDON, May 17 (Reuters) - The coveted investment grade rating has arrived in Turkey and foreign capital may follow - possibly a lot of it. But here's the multi-million lira question: What kind of cash will it be? What Turkey desperately...Tags: Market Research, Turkey, Emerging Market, Bonds, Credit Ratings
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EU mergers and takeovers (May 17)
ReutersBRUSSELS, May 17 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Czech group Agrofert to buy Italian pasta maker Barilla's German bakery chain Lieken...Tags: Mitsui & Company Limited, Restructuring and Recapitalization, General Electric Company, Electrical Appliance, Car Guides and Reviews
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Maloof family reaches deal to sell Kings
ReutersA group led by software magnate Vivek Ranadive reached an agreement to buy 65 percent of the Sacramento Kings from the Maloof family, assuring the franchise's future is in California. The valuation of the NBA franchise was set at $535 million, and...Tags: Microsoft Corporation, National Basketball Association, Golden State Warriors, Steve Ballmer, Sports
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U.S. judge blocks $13 million arbitration award against SunTrust
Reuters* Judge finds fund not a customer under FINRA rules * Turnberry sought at least $13 mln in arbitration * Case focused on mortgage-backed securities By Nate Raymond NEW YORK, May 17 (Reuters) - SunTrust Banks Inc won an court order on Friday preventing...Tags: Securities, Trials, Judges, Mortgages, Justice System
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CORRECTED-U.S. judge blocks $13 million arbitration against SunTrust
Reuters(Removes "award" from headline) * Judge finds fund not a customer under FINRA rules * Turnberry sought at least $13 mln in arbitration * Case focused on mortgage-backed securities By Nate Raymond NEW YORK, May 17 (Reuters) - SunTrust Banks Inc won...Tags: Securities, Trials, Judges, Mortgages, Justice System
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Judge blocks $13 million arbitration against SunTrust
ReutersNEW YORK (Reuters) - SunTrust Banks Inc won a court order on Friday preventing a Connecticut-based hedge fund from moving forward with a $13 million arbitration over mortgage-backed securities. The ruling by District Judge Naomi Reice Buchwald in...Tags: Securities, Raymond James Financial Incorporated, Trials, Judges, Mortgages
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DePaul arena part of broader plan to boost Chicago tourism
Mayor Rahm Emanuel is expected to unveil Thursday a $173 million plan to build a 10,000-seat arena for the DePaul Blue Demons next to McCormick Place, couching it as part of a broader blueprint for boosting tourism, much of it to be publicly funded. The...
Tags: Arts and Culture, Rosemont (Cook, Illinois), Architecture, Entertainment, Local Government
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PROFILE-Bond guru Gundlach of DoubleLine goes prime time
ReutersBy Sam Forgione and Jennifer Ablan NEW YORK, May 16 (Reuters) - Bond investor and co-founder of DoubleLine Capital LP, Jeffrey Gundlach fancies himself as more than just a fixed-income guru, making successful predictions on everything from shares in...Tags: Federal Reserve, Fannie Mae, Personal Finance, Nikkei, The TCW Group, Inc.
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U.S. municipal bond funds report spike in weekly inflows
ReutersWASHINGTON (Reuters) - U.S. municipal bond funds posted net inflows of $306.31 million in the week ended May 15, a near 14-fold increase from the $22.06 million inflow recorded in the previous week, according to data released by Lipper on Thursday. The...Tags: Bonds, Finance, Economy, Business and Finance, Thomson Corporation
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CPPIB notches 10 percent return, eyes infrastructure, private equity deals
ReutersTORONTO (Reuters) - The Canada Pension Plan Investment Board, one of the world's biggest dealmakers, said a glut of cheap capital may mean it makes fewer big purchases in 2014, but it sees big opportunities in global infrastructure and private equity in...Tags: Interior Policy, Homes, Realty, Private Equity, Finance
May 17, 2013
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May 17, 2013
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May 16, 2013
|Story| Chicago Tribune
May 16, 2013
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May 16, 2013
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May 16, 2013
|Story| Reuters
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