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Stifel's first-quarter profit hit by merger-related charges
ReutersMay 9 (Reuters) - Stifel Financial Corp said on Thursday its profit during the first quarter was hit by merger-related charges from its acquisition of smaller rival KBW Inc, but pointed to the strong performance of its wealth management division. The St....Tags: Banking, Investment Service, Thomson Corporation, Restructuring and Recapitalization, Business Enterprises
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Developers buy Rhythm & Hues' ex-headquarters in El Segundo
The former El Segundo headquarters of the visual effects studio Rhythm & Hues has been sold for $25 million to real estate developers who plan to upgrade it and turn it into an office campus for creative firms. Rhythm & Hues was acquired in March in a...
Tags: Financially Distressed Companies, Manufacturing and Engineering, Real Estate, Defense Equipment, Bankruptcy
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Ares Management to buy real estate investor AREA Property -WSJ
ReutersMay 9 (Reuters) - Investment firm Ares Management will acquire AREA Property Partners, gaining the New York-based real estate investor's $6 billion in assets, the Wall Street Journal reported, citing people briefed on the matter. Terms of the transaction...Tags: Real Estate, The Wall Street Journal, Real Estate Buyers, Realty, National Australia Bank Limited
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Illinois considers extending tax break to small businesses
Legislators are considering a bill that would expand the scope of the state's main economic development program to small businesses. House Bill 1336 calls for eliminating a requirement that companies make a capital investment in the state of at least $1...
Tags: Illinois Department of Commerce and Economic Opportunity, JPMorgan Chase & Co., Politics, Motorola Mobility, Inc., Taxation
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Allan Powell: The feminine touch in finance
One can but admire a woman brave enough to pick a professional career in which she will be surrounded and greeted with patronizing glances from self-assured males. This was the call made by Sheila Bair, who was appointed Chairman of the FDIC (Federal...Tags: Banking, Sheila Bair, Office of the Comptroller of the Currency, Federal Reserve, Federal Deposit Insurance Corporation
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Canadian Tire plans C$3.5 billion REIT, shares soar
Reuters(Reuters) - Canadian Tire Corp , best-known for its namesake automotive and homeware stores, said it plans to create a C$3.5 billion ($3.5 billion) real estate investment trust through an initial public offering in the fall of 2013. The company, which...Tags: Canada, Financing and Stock Offerings, Real Estate, Manufacturing and Engineering, Edward Jones
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Manufacturers welcome sales tax elimination, if it sticks
South Florida manufacturers say they're thrilled that the Legislature passed a bill that would eliminate the sales tax on machinery and equipment, which would help them make capital investments and add business and jobs. "It's going to make a huge...
Tags: Tamarac, Politics, Rick Scott, Coconut Creek, Executive Branch
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Wellington family killer seeks new sentence
Neal Jacobson, the failed Wellington mortgage broker who killed his wife and twin 7-year sons in 2010, now says he was forced last year to accept a plea deal for three life prison sentences and deserves a new hearing. From a state prison in Martin...
Tags: Crime, Law and Justice, Judges, Prosecution, Prisons, Punishment
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ANALYSIS-"Dead money" for shareholders a pall over investment hopes
ReutersBy Natsuko Waki LONDON, May 9 (Reuters) - A growing trend for companies to return some of their huge cash piles to shareholders rather than using the money to expand their businesses could spell trouble for the global economy. Their reluctance to invest...Tags: Banking, Central Bank, Thomson Corporation, Bank of America Corp., Stock Activities
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Private equity group Carlyle hires energy investment team
ReutersLONDON (Reuters) - The Carlyle Group has hired a six person energy investment team, the private equity firm said on Thursday, as it looks to take advantage of predicted growth in global demand. Carlyle is beefing up its energy team after an 11-year...Tags: The Carlyle Group, Marketing, Petroleum Industry, Energy Resources, Finance
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U.S. companies' overseas earnings hit record $1.9 trillion -study
Reuters* Overseas profit stockpile hits record as companies avoid U.S. tax * U.S. companies' foreign earnings up 70 pct in last 5 years-report * Push for tax holiday meets opposition in Congress By Dena Aubin NEW YORK, May 8 (Reuters) - Large U.S....Tags: Microsoft Corporation, Computing and Information Technology Industry, George W. Bush, Earnings, Travel
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Letters to the Editor: SeaWorld's tax breaks, right to pray, Obama's Muslim joke
SeaWorld's tax breaks Scott Maxwell's column, "Tax breaks for SeaWorld shift burden to you," on Wednesday bashing SeaWorld for not paying current income taxes is a great illustration how the uninformed press is ruining our country with misleading...
Tags: NYSE Euronext, Inc., Islam, SeaWorld, Jihad, Amusement and Theme Parks
May 9, 2013
|Story| Reuters
May 9, 2013
|Story| Los Angeles Times
May 9, 2013
|Story| Reuters
May 10, 2013
|Story| Chicago Tribune
May 10, 2013
|Story| Herald Mail
May 9, 2013
|Story| Reuters
May 9, 2013
|Story| South Florida Sun-Sentinel
May 8, 2013
|Story| South Florida Sun-Sentinel
May 9, 2013
|Story| Reuters
May 2, 2013
|Story| Reuters
May 8, 2013
|Story| Reuters
May 2, 2013
|Story| Orlando Sentinel
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