Finance Info Blog Mortgage and Financial information

30Jun/130

Analysis – The buyers are back, Canada housing market defies doomsayers

TORONTO - Daniel DiManno sold his Toronto house for less than he had hoped and wanted to see if prices would cool before he bought a new one. But Canadian mortgage rates are rising again and that's spurring DiManno and others to jump back into the market, cutting short an already brief housing downturn.

reuters.com

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28Jun/130

Fed’s Stein puts focus on September as time to assess QE3

NEW YORK/WHITE SULPHUR SPRINGS, West Virginia - September could be an opportune time for the Federal Reserve to consider scaling back its assets purchase, an influential official of the U.S. central bank said on Friday, though he said the Fed must take a long view of economic progress and not be blinded by the most recent data.

reuters.com

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28Jun/130

Japan business mood seen turning positive: BOJ tankan

TOKYO - Japanese manufacturers' sentiment turned positive in the three months to June for the first time in nearly two years, a closely-watched central bank survey is likely to show on Monday in a sign recent market turbulence has yet to hurt the feel-good mood created by the government's reflationary policies.

reuters.com

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26Jun/130

Same-sex marriage ruling: Financial impact

The Supreme Court's decision Wednesday to strike down the federal law that limited marriage to a man and a woman is not just a civil rights victory for same-sex couples across the country -- it's a financial win for many of them.

CNNMoney.com

25Jun/130

Hedge funds hope losing shorts on U.S. natural gas will pay off

NEW YORK - This year's early rally in U.S. natural gas prices dealt heavy losses to hedge funds that stubbornly maintained short positions in the face of brutally cold weather, and the price slide of the past two months has not yet erased losses that prompted some investors to flee the funds, industry sources say.

reuters.com

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25Jun/130

U.S. hedge fund Scout steps up pressure on Tim Hortons

TORONTO - Scout Capital Management, a U.S. hedge fund, said on Tuesday it is urging Canadian coffee and doughnut chain Tim Hortons to increase its debt levels in order to fund a share buyback, measures that Scout say should help drive up Tim Horton's share price by as much as 100 percent from current levels.

reuters.com

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25Jun/130

401(k) vs. Roth 401(k): Which one’s right for you?

"How do I evaluate whether it makes more sense to go with a traditional 401(k) or a Roth 401(k)? I'm in the 28 percent tax bracket and save 20 percent of my income for retirement. At 25, I'd only be able to make a crapshoot guess [about the tax bracket I'll be in come retirement]." --Bob, Washington, D.C.

CNNMoney.com

25Jun/130

Carrefour considering sale of China, Taiwan businesses: report

- Carrefour SA the world's second largest retailer, is exploring a sale of its businesses in China and Taiwan, including a possible initial public offering in Hong Kong or a combination of some of those assets with another company, The Wall Street Journal reported on Monday, citing people familiar with the matter.

reuters.com

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24Jun/130

Exclusive: Apollo’s EP Energy looking at IPO – sources

NEW YORK - EP Energy LLC, the oil and gas company bought just last year by a private equity consortium led by Apollo Global Management LLC for $7.15 billion, is working with investment banks to prepare for an initial public offering as soon as this year, three people familiar with the matter said on Monday.

reuters.com

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24Jun/130

Dalio’s Bridgewater seen as a loser in market sell-off: sources

NEW YORK - A $70 billion portfolio managed by hedge fund titan Ray Dalio's Bridgewater Associates is emerging as one of the big losers in the selloff in bonds and stocks sparked by the belief the Federal Reserve is about to pull back on its easy money policies, according two people with knowledge of the numbers.

reuters.com

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