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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, Manhattan (New York City), Mortgages, SunTrust Banks Incorporated, Judges
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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, Manhattan (New York City), Mortgages, SunTrust Banks Incorporated, Judges
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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, Manhattan (New York City), Mortgages, SunTrust Banks Incorporated, Judges
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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: Chicago Hotels, Entertainment, Architecture, Local Government, Politics
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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: Mortgages, Whole Foods Market, The TCW Group, Inc., Nikkei, Apple 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: Thomson Corporation, Economy, Business and Finance, Bonds, Finance
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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, Realty, Real Estate Buyers, Pension and Welfare, Politics
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What does activist investor Dan Loeb want with Hollywood? (Hint: could it be Yahoo?)
ReutersLOS ANGELES (TheWrap.com) - The news that activist shareholder Dan Loeb invited Sony to spin off its entertainment property had the entertainment industry buzzing this week: Who is Dan Loeb and what does he want with Hollywood? The manager of the $12.9...Tags: Entertainment, Marissa Mayer, Carl Icahn, Sony Corp.
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U.S.-based stock funds reap $8.9 bln as stock markets climb -Lipper
ReutersBy Sam Forgione NEW YORK, May 16 (Reuters) - Investors in funds based in the United States poured $8.9 billion into stock funds in the latest week, the most in nine weeks as the S&P 500 continued to hit new record highs, data from Thomson Reuters'...Tags: Bank of America Corp., Thomson Corporation, Nikkei, Money and Monetary Policy, Personal Finance
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Blackstone planning to create new hedge fund - FT
ReutersMay 16 (Reuters) - Blackstone Group LP is planning to create a hedge fund which will consist of the boldest trades from the third-party hedge funds it invests with, the Financial Times reported. The new fund will invite managers to sell their interesting...Tags: Economy, Business and Finance, Finance, Blackstone Group, L.P.
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DePaul arena part of Emanuel's $300 million in projects
Beginning the second half of his term this week, Mayor Rahm Emanuel moved to shift the civic conversation away from questions of crime and school closings toward a roster of publicly funded tourism projects, including a DePaul basketball arena at...
Tags: Chicago Hotels, McCormick Place, United Center, College Basketball, Rahm Emanuel
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CPPIB notches 10 pct return, eyes infrastructure, private equity deals
Reuters* Fund's 10.1 pct investment return takes assets to C$183.3 billion * Sees opportunities in global infrastructure, private equity * Says scale, sophistication will win deals rivals can't handle By Andrea Hopkins TORONTO, May 16 (Reuters) - The...Tags: Realty, Interior Policy, Real Estate Buyers, Pension and Welfare, Economy, Business and Finance
May 17, 2013
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May 17, 2013
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May 16, 2013
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May 16, 2013
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May 16, 2013
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May 17, 2013
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May 16, 2013
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