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Asian stocks in solid Q2 start, technology leads

Asian stocks made a solid start to the second quarter on Thursday inching closer to two-month highs as China's manufacturing sector picked up and foreign buying boosted tech shares in Taiwan and South Korea.

U.S. judge rules against Schwab in YieldPlus case

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Charles Schwab Corp violated federal law when it failed to get approval from shareholders of its YieldPlus mutual fund before putting roughly half the fund's assets into uninsured mortgage-backed securities, a federal judge ruled.
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Stock futures signal rise; Apple, Verizon eyed

Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.14 percent, Dow Jones futures up 0.08 percent and Nasdaq 100 futures up 0.24 percent by 4.01 a.m. ET.
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Jupiter financials star puts half his fund in cash

British fund firm Jupiter's high-profile investor in financial stocks, Philip Gibbs, has put more than half his fund into cash as uncertainty around the UK election and western government debt hamper visibility.
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Stock futures point to higher start for Wall St

U.S. stock index futures gained, pointing to a firmer start for Wall Street on Monday. Futures for the Dow Jones, the S&P 500 and the Nasdaq Composite were up 0.4 to 0.6 percent by 4.09 a.m. ET.
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Instinet aims to be company-investor matchmaker

Instinet, a U.S. agency-only brokerage hoping to fill a gap left by the diminishing number of sellside analysts, launched a dating-like service on Monday that allows companies to connect directly with institutional investors.
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Gold, Silver prices could fall back

Precious metals have become a volatile battleground between shorter term investors exiting from long positions in response to a stronger dollar and improving economic conditions in many parts of the world on the one hand, and longer term investors who remain interested in these metals due to the fact that major trade, current account, savings, debt, and currency market imbalances remain unaddressed by governments.
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Dow eyes 11,000 as jobs data looms

The Dow industrials could hit 11,000 this week as investors bet the U.S. labor market had a significant turnaround in March, showing the economic recovery is in good shape.
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Gold coins, bars glitter as Gold ETF demand wanes

Demand for gold bars and gold coins is rising in major yellow metal consuming nations like China and India as investors are leaving the paper gold-exchange traded funds or Gold ETFs for physical gold. In India, sale of gold coins and gold bars is increasing despite the high price of gold. A recent Commodity Online study said that buying of gold coins has increased across jewellery shops, banks and post offices in India thanks to financial year schemes. In India, the financial year closes on Marc...
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Escape from Wall Street

UBS adviser Chuck Huebner knew he was done with big brokerages when some supervisors questioned a stock he had purchased for one of his clients. The offending equity? Berkshire Hathaway.
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SEC eyes trading in two hedge funds

U.S. securities regulators are looking at some trades of hedge funds Carlson Capital LP and Appaloosa Management LP, a person familiar with the matter said on Thursday.
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SEC probing two hedge funds: report

The U.S. securities regulator is probing hedge funds Appaloosa Management LP and Carlson Capital LP for certain trades, the Wall Street Journal said, citing people familiar with the matter.
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Two tech IPOs, bank IPO soar in debuts

The shares of two telecommunications equipment makers and a bank holding company blew past expectations in their stock debuts Wednesday, reviving hope for what had been a sickly market for initial public offerings.
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Obama pay czar to look back at Wall Street pay

Obama administration pay czar Kenneth Feinberg plans to review past compensation at 419 companies that received bailout funds, including JPMorgan Chase , Goldman Sachs , according to a source close to the Treasury Department.
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E*Trade names new CEO, plans reverse stock split

E*Trade Financial Corp named Steven Freiberg as its new chief executive and said it plans a reverse stock split, betting a former Citigroup Inc executive with consumer experience but a limited online brokerage resume will help it emerge from lending problems.
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Health stocks outpace market after reform passes

Shares of Medicaid insurers, hospital companies and even drugmakers rose on Monday as many investors concluded that passage of landmark U.S. healthcare legislation will add millions of new paying patients.

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