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Gary Busey Files for Bankruptsy
Gary Busey -- who's starred in more than 70 movies -- has less than $50,000 to his name ... and more than $500,000 in various debts ... this according to official documents obtained by TMZ. 67-year-old Busey filed for Chapter 7 bankruptcy in California...Tags: Bankruptcy
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Global shares steady but stimulus fears still present
ReutersLONDON (Reuters) - World share markets looked vulnerable to further falls on Friday, with better economic news from Europe doing little to encourage investors who are worried that central bank stimulus may curtailed. MSCI's world equity index , which...Tags: India, Loan Market, Seoul (South Korea), Buyback, Nicos Anastasiades
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ON THE MOVE-Merrill nabs high-tier brokers from Morgan, Wells
ReutersNEW YORK, May 23 (Reuters) - Merrill Lynch's wealth management unit said it hired four teams of advisers from rivals Morgan Stanley and Wells Fargo Advisors since late April. Ranked by total revenue produced over the previous 12 months, the biggest is...Tags: Bank of America Corp., Winter Park, Morgan Stanley Dean Witter & Company
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Column: Transforming your 401(k) into steady income
ReutersCHICAGO (Reuters) - A job and a paycheck - they go together like coffee and cream. But when you retire from your regular job, does that mean you have to give up the cream? A growing number of 401(k) plans are including investment choices that can help...Tags: Economy, Business and Finance, Insurance, 401K, Retirement, Finance
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Oaktree founders could reap up to $80 million each in stock sale
ReutersBy Greg Roumeliotis NEW YORK, May 21 (Reuters) - Oaktree Capital LLC, the world's largest distressed debt investor, said its two founders could each receive as much as $79.9 million in a secondary offering of its shares if the firm clears net proceeds of...Tags: Goldman Sachs Group, Inc., Pension and Welfare, Bank of America Corp., Howard Marks, Bruce Karsh
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Laredo Petroleum exits Anadarko Basin with $438 mln asset sale
ReutersMay 21 (Reuters) - Laredo Petroleum Holdings Inc said it would sell its assets in the Anadarko Basin in Western Oklahoma and Texas to affiliates of EnerVest Ltd for $438 million to raise capital for its drilling activities in the Permian Basin....Tags: Petroleum Industry, Energy Resources, Stock Market, NYSE Euronext, Inc.
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White House urges Senate to cut crop insurance in farm bill
ReutersWASHINGTON, May 20 (Reuters) - The U.S. Senate should cut crop insurance subsidies, the most expensive part of the farm safety net, by $1 billion a year before it passes the new farm bill, the White House said on Monday. The five-year farm bill would...Tags: Environmental Issues, Washington, DC, Supplemental Nutrition Assistance Program, ACE Ltd., U.S. Senate
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REUTERS SUMMIT-Cyber attacks against US banks more severe than most realize
Reuters(For other news from Reuters Cybersecurity Summit, click on http://www.reuters.com/summit/Cyber13) By Joseph Menn WASHINGTON, May 17 (Reuters) - The series of cyber attacks that repeatedly knocked major U.S. banking websites offline in the past nine...Tags: Bank of America Corp., National Security Agency, Computer Networking and Internet, Financial and Business Services, AT&T Corp.
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Berkshire reveals CB&I stake, adds to Wells Fargo
ReutersMay 15 (Reuters) - Warren Buffett's Berkshire Hathaway Inc on Wednesday revealed a new investment in Chicago Bridge & Iron Co and said it has added to one of its largest equity holdings, Wells Fargo & Co. The changes were disclosed in a U.S. Securities...Tags: Chicago Bridge & Iron Company NV, Warren Buffett, Berkshire Hathaway Inc., Science and Technology
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UBS Americas hires in-house experts to spur life insurance sales
ReutersNEW YORK (Reuters) - After years of urging its financial advisers to sell more life insurance, UBS Wealth Management Americas is bringing in full-time experts and offering financial incentives to prod its tradition-bound sales force outside its comfort...Tags: Pension and Welfare, Bank of America Corp., Raymond James Financial Incorporated, Insurance, UBS AG
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UPDATE 1-Berkshire reveals CB&I stake, adds to Wells Fargo
Reuters* Chicago Bridge & Iron rises after Berkshire takes stake * Wells Fargo stake grows to nearly $17 billion By Jonathan Stempel May 15 (Reuters) - Warren Buffett's Berkshire Hathaway Inc on Wednesday revealed a new investment in Chicago Bridge & Iron...Tags: DirecTV Group Inc., General Dynamics Corporation, Kraft Foods Group, Inc., Warren Buffett, Berkshire Hathaway Inc.
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ON THE MOVE-Baird adds adviser teams from Morgan Stanley, UBS
ReutersMay 14 (Reuters) - Robert W. Baird & Co said on Tuesday it hired two teams of veteran financial advisers from top Wall Street brokerages Morgan Stanley Wealth Management and UBS Wealth Management Americas to expand Baird's adviser footprint in the...Tags: Employment, Employment Opportunities, Personal Finance, UBS AG, Morgan Stanley Dean Witter & Company
Feb 8, 2012
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May 24, 2013
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May 17, 2013
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May 15, 2013
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May 15, 2013
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May 15, 2013
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May 14, 2013
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