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Hedge fund manager used postal box to hide $6 million fraud, Feds say
ReutersCHICAGO/SAN FRANCISCO (Reuters) - A North Carolina hedge fund manager used a personal post-office box and forged bank statements to hide his theft of about $6 million over a seven-year period, U.S. regulators and prosecutors said on Monday. James...Tags: IntercontinentalExchange, Inc., Prosecution, Punishment, Bernard Madoff, Mutual Funds
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Hedge fund manager used postal box to hide $6 mln fraud, Feds say
ReutersBy Tom Polansek and Ann Saphir CHICAGO/SAN FRANCISCO, June 17 (Reuters) - A North Carolina hedge fund manager used a personal post-office box and forged bank statements to hide his theft of about $6 million over a seven-year period, U.S. regulators and...Tags: IntercontinentalExchange, Inc., Prosecution, Bernard Madoff, Mutual Funds, Crime, Law and Justice
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ANALYSIS-Ditch WTI:Canadian crude trade intensifies call for single benchmark
Reuters* Investors see potential in Canadian crude oil benchmark * Trade in heavy oil futures contracts slowly picking up * Market limited by competing price indices, landlocked oil By Nia Williams CALGARY, Alberta, June 17 (Reuters) - Canadian oil traders,...Tags: IntercontinentalExchange, Inc., Enbridge Incorporated, Petroleum Industry, Prices, Pacific Ocean
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Analysis: Fed-induced selloff has investors hunting for bargains
ReutersBy Luciana Lopez, Sam Forgione and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Since Ben Bernanke unleashed a bombshell on May 22 by suggesting the U.S. Federal Reserve could before long start to pull back on its massive monetary stimulus, big stock...Tags: European Debt Crisis, Emerging Market, Stock Market, Central Bank, Investment Service
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U.S.-based junk bond funds see $3.28 billion net outflow: Lipper
Reuters(Reuters) - Investors in funds based in the United States pulled a net $3.28 billion from corporate high-yield bond funds in the week ended June 12 as concerns lingered that the Federal Reserve would taper its stimulus program, data from Thomson Reuters...Tags: Thomson Corporation, Emerging Market, Finance, Economy, Business and Finance, Federal Reserve
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TREASURIES OUTLOOK-U.S. bond yields at 14-month highs draw buyers
Reuters* Long-dated maturities outperform; curve flattens * New three-year notes sell at highest yield since 2011 * Some say bond market sell-off is overdone (Adds outlook in second paragraph) By Ellen Freilich NEW YORK, June 11 (Reuters) - Treasury yields at...Tags: Securities, ING Group, Mortgages, Money and Monetary Policy, Financial Markets
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EU states face showdown over markets overhaul
ReutersLONDON (Reuters) - EU officials are pressing Britain, Germany and France to agree a compromise over trading rules intended to plug gaps exposed by the credit crunch in the $630 trillion market for derivatives and other specialized products. Such...Tags: Politics, United Kingdom, Republic of Ireland, G20, France
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Volatile trade in futures ahead of jobs data causes halts
ReutersNEW YORK (Reuters) - Unusual, volatile trading in markets just ahead and after U.S. jobs data was released on Friday caused brief halts in stock and bond futures. It was not clear what sparked the volatility but this type of movement has happened in...Tags: CME Group Inc., Thomson Corporation, Stock Market, Chicago Board of Trade, S&P 500
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Proposed home finance reform could restrict Wells Fargo lending
A bipartisan Senate effort to shut down Fannie Mae and Freddie Mac could curtail Wells Fargo & Co.’s enormous home lending business by restricting the bank’s ability to issue certain mortgage-backed securities. The proposal, spearheaded by...
Tags: Freddie Mac, Finance, Mortgages, Economy, Business and Finance, Financial Markets
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European stock index futures signal lower open
ReutersLONDON, June 6 (Reuters) - European stock index futures fell on Thursday, with the region's stock markets set to track declines on U.S. and Asian markets on concerns of a tapering to the U.S. Federal Reserve's stimulus programme. At 0603 GMT, the futures...Tags: France, Stock Market, Germany, DAX, Federal Reserve
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NBA Finals tickets range from reasonable to king's ransom
For those who just want to get in the door to watch the Miami Heat's quest for a championship repeat, reasonably priced options remain for Games 1 and 2 at AmericanAirlines Arena. But for anyone intent on scoring choice seats, prepare to take out that...Tags: Tony Parker, Justin Bieber, Financial Markets, LeBron James, Kevin Durant
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Fed could cut bond buys this summer, two policymakers say
Reuters(Reuters) - The U.S. Federal Reserve could reduce its massive bond-buying stimulus this summer, two top central bank policymakers said on Monday, although any such decision depends on continued improvement in the economy. Dialing back the Fed's current...Tags: Labor Markets, Prices, Securities, Inflation and Deflation, Central Bank
Jun 17, 2013
|Story| Reuters
Jun 17, 2013
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Jun 17, 2013
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Jun 16, 2013
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Jun 13, 2013
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Jun 11, 2013
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Jun 10, 2013
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Jun 7, 2013
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Jun 7, 2013
|Story| Los Angeles Times
Jun 5, 2013
|Story| Reuters
Jun 5, 2013
|Story| South Florida Sun-Sentinel
Jun 3, 2013
|Story| Reuters
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