Investors add $34.1 billion to equity mutual funds in last four weeks
(Reuters) – Investors poured some $34.1 billion into all equity mutual funds and exchange-traded funds in the past four weeks that ended November 13, the biggest four-week total since January, according to data from TrimTabs Investment Research.
LightSquared lodges claims against Ergen, Dish
NEW YORK (Reuters) – Bankrupt wireless communications firm LightSquared Inc has filed a lawsuit accusing Dish Network Corp and its chairman, Charles Ergen, of improperly trying to take control of LightSquared’s broadband spectrum.
LightSquared lodges claims against Ergen, Dish
NEW YORK (Reuters) – Bankrupt wireless communications firm LightSquared Inc has filed a lawsuit accusing Dish Network Corp and its chairman, Charles Ergen, of improperly trying to take control of LightSquared’s broadband spectrum.
Global Economy: Evaporating inflation, elusive growth
LONDON (Reuters) – Janet Yellen is expected to get the final political nod in the next couple of weeks to chair the U.S. Federal Reserve.
Gulf carriers’ 15 minutes of jet order hysteria
DUBAI (Reuters) – It was a security consultant’s nightmare and a moment to savor – royalty, airline bosses, planemakers and press hordes wedged into the same overcrowded room wanting to see the same thing: the color of money in the oil-rich and fast-gr…
Gulf airlines splash out over $150 billion as Boeing launches new jet
DUBAI (Reuters) – Gulf airlines splashed out over $150 billion on new plane deals on day one of the Dubai Airshow, underscoring a shift in power in the aviation industry and giving a boost to the formal launch of Boeing’s newest jet, as well as to Airb…
China reform winners consumer, healthcare stocks; losers, big banks
HONG KONG (Reuters) – China’s mass consumer, healthcare and non-banking financial counters may well be the early winners in the country’s stock markets this week after Beijing promised the most sweeping economic and social reforms in nearly three decad…
The prosecutors with SAC Capital in their crosshairs
NEW YORK (Reuters) – When U.S. Attorney Preet Bharara announced at a televised press conference on November 4 that Steven A. Cohen’s SAC Capital Advisors would plead guilty to insider trading, two prosecutors stood quietly to his right.
Forget data and rhetoric, Fed liquidity’s the only show in town
LONDON (Reuters) – For all the fevered speculation about when the Federal Reserve will begin scaling back its monetary stimulus, market volatility has been taking a leisurely nap, suggesting investors see no major shocks on the horizon to derail their …
Swiss banks urged to come forward or risk U.S. prosecution
ZURICH (Reuters) – The head of the U.S. Justice Department’s tax division has warned that Swiss banks which do not come forward under a government-brokered program risk prosecution over tax evasion by their U.S. customers.
