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Return of Capital Trumps Return on Capital

Top Finance News - Fri, 07/20/2012 - 12:50pm
"The thing that's different about these macro headwinds, is they essentially come down to political decisions where it's very very difficult to handicap," says Jason Trennert, chief investment strategist at Strategas Research Partners.

Food Prices Rise: Midwest Drought Takes Heavy Toll

Top Finance News - Fri, 07/20/2012 - 12:50pm
The record heat and lack of rainfall in the nation's Corn Belt have caused corn stalks to shrivel and fertile planting soil to become arid, pushing corn and soybean prices to record levels.

Refinancing Seen Peaking Without More Capacity

Top Finance News - Fri, 07/20/2012 - 12:50pm
Mortgage-bond investors are betting the U.S. refinancing boom has little growth left, even with rates at record lows and President Barack Obama's administration taking steps to widen access.

The Little IPO Comeback That Wasn’t

Top Finance News - Fri, 07/20/2012 - 11:45am
"At this time last year, $23.6 billion worth of deals were on the docket. It's about half that now," says Jeff Macke.

Why This Market Isn’t as Cheap as it Looks

Top Finance News - Fri, 07/20/2012 - 10:40am
Lincoln Ellis of the Strategic Financial Group calls low P/Es a "siren song" luring investors to their doom.

Dive Off Fiscal Cliff Could Be 'Enormous Hit' to Economy

Top Finance News - Fri, 07/20/2012 - 10:40am
If no action is taken, 2013 will begin with a $600 billion drag on the economy, or a 4 to 5% hit to GDP, due to a combination of tax hikes and budget cuts.

UK Central Bank Sought More From Libor Reform in 2008

Top Finance News - Fri, 07/20/2012 - 10:40am
The Bank of England defended its role in the global interest rate-rigging scandal on Friday, publishing a host of emails that showed it put pressure on the body responsible for the contested Libor benchmark.

Sheila Bair: Two Years After Dodd-Frank, Why Isn’t Anything Fixed?

Top Finance News - Fri, 07/20/2012 - 9:35am
The Dodd-Frank Wall Street Reform Act, was designed to end the kind of risk taking, greed, and avarice that brought us the financial crisis of 2008. Yet, notwithstanding thousands of pages of proposed and final rules to implement this important law, nothing much seems to have changed.

Top 2% Not Job Creators or Millionaires in Tax Debate

Top Finance News - Fri, 07/20/2012 - 9:35am
Few of the two-earner professional couples -- doctors, lawyers, engineers and Wall Street executives -- are billionaires or earn more than $1 million a year, and most are not employers.

Why You Shouldn't Look for Reversals in Apple, HP

Top Finance News - Fri, 07/20/2012 - 9:35am
HP no longer invents, Apple doesn't share, and the two companies are too different to do anything together.

Wall Street Seeks Patience After Worst First Half Since '08

Top Finance News - Fri, 07/20/2012 - 8:05am
Wall Street's five biggest banks reported the worst start to a year since 2008. They're still asking investors to be patient.

GE Earnings Top Wall Street View

Top Finance News - Fri, 07/20/2012 - 8:05am
General Electric reported a 2.5% rise in quarterly profit from continuing operations, just beating estimates.

How the Elites Built America's Economic Wall

Top Finance News - Fri, 07/20/2012 - 8:05am
For a century, incomes became increasingly equal across the U.S., as poor states such as Alabama caught up to rich places like California.

New iPad Goes On Sale in China After Suit Settled

Top Finance News - Fri, 07/20/2012 - 8:05am
Apple released its newest iPad in China on Friday after settling a lawsuit over ownership of its name and requiring buyers to place orders in advance.

Student Loan Debt Reaches $150 Billion

Top Finance News - Fri, 07/20/2012 - 8:05am
Americans have racked up $150 billion in private student loan debt, with many graduates owing more than they can afford.

DirecTV, Viacom Resolve Fee Dispute

Top Finance News - Fri, 07/20/2012 - 8:05am
DirecTV and Viacom say they have settled a dispute that will bring shows such as those featuring the cartoon character Sponge Bob and the comedian Jon Stewart back to DirecTV subscribers.

Duke CEO Switch Probe Shows Pain Inside Progress Merger

Top Finance News - Fri, 07/20/2012 - 8:05am
Duke Energy's ousted CEO Bill Johnson offered rare insight into the strains that can occur in multibillion-dollar takeovers in testimony.

World Stocks Waver as Data Keep Sentiment Checked

Top Finance News - Fri, 07/20/2012 - 8:05am
World stock markets wavered Friday as weak U.S. data kept sentiment in check despite continued hopes for new stimulus measures.

Volatility Just Ain’t What it Used To Be

Top Finance News - Fri, 07/20/2012 - 8:05am
Volatility is just one more reason retail investors have abandoned the market like the plague, writes Howard Gold. Only problem is, it isn’t true.

Spain Insists $15 Billion Aid Need for Regions Won't Swell Debt

Top Finance News - Fri, 07/20/2012 - 8:05am
Spain 's plan to offer cash-strapped regional administrations emergency loans leaves the Treasury with $15 billion of additional funding needs.

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