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  • Buy American? Not so for retail stock fund investors Wednesday, 17 Dec 2014 | 7:00 AM ET

    NEW YORK, Dec 17- A record run in U.S. stocks does not appear to have won over one large investor pool: Mom-and-pop retail investors. So far this year, mutual fund buyers have added about $1.6 billion in net new cash to domestic stock funds, according to data from Thomson Reuters unit Lipper. "That's almost a rounding error," said Tom Roseen, head of research services at...

  • New York advisory firm charged with defrauding investors Wednesday, 10 Dec 2014 | 4:54 PM ET

    Dec 10- U.S. federal regulators charged a New York- based investment advisory firm and two co-owners with misleading clients into investing in a risky hedge fund. The Securities and Exchange Commission accused that Timothy Dembski and Walter Grenda of Reliance Financial Advisors misled clients who were retired or nearing retirement and living on fixed...

  • NEW YORK, Dec 3- U.S. private employers added 208,000 jobs in November, below economists' expectations, a report by a payrolls processor showed on Wednesday. The ADP figures come ahead of the U.S. Labor Department's more comprehensive nonfarm payrolls report on Friday, which includes both public and private sector employment. The unemployment rate is seen...

  • TOKYO, Nov 21- Japan's transport minister said on Friday he had directed Takata Corp to investigate its defective air bags, which have triggered massive recalls, adding the ministry was directly in touch with the auto safety equipment supplier over the issue. About 16 million cars fitted with Takata air bags have been recalled worldwide, with more than 10...

  • TORONTO, Nov 20- Canadian holiday retail sales are expected to be the strongest in three years, helped by lower unemployment, falling gasoline prices and weaker currency, but aggressive discounting could temper profits for retailers, industry analysts say. A report released on Thursday by consulting firm Colliers International forecast December sales will...

  • Nov 20- Indian outsourcing major Infosys Ltd's back-office services unit was overcharging Apple Inc, leading to the exit of top executives, two senior Infosys people said on Thursday. Infosys, India's second-largest IT services exporter, said on Tuesday it had fired Abraham Mathews, chief financial officer of its Infosys BPO unit, for failure to comply with the...

  • Nov 19- Hedge fund Livermore Partners is pushing for change at U.S. staffing services provider Volt Information Sciences Inc, setting the stage for a potential proxy battle if the company does not act on its demands. It also wants it to sell non-core assets and buy back stock, said David Neuhauser, Livermore's managing director. Volt's share price has...

  • Indian retailers hobble as e-commerce race ahead Monday, 17 Nov 2014 | 5:58 PM ET

    Indian retailers are struggling to keep up online as e-commerce garner large investments.

  • MUMBAI, Nov 18- The head of Future Group, one of India's largest and most established retailers, admits he can't keep up with web sites like Snapdeal and Flipkart when it comes to spending money to entice shoppers to buy online. Private investors have poured $2.3 billion into India's e-commerce companies so far this year, according to consulting firm Technopak,...

  • BEIJING, Nov 11- Alibaba Group Holding Ltd's Alipay unit, part of the company financial services arm, "will definitely go public," Executive Chairman Jack Ma told China's official state broadcaster in an interview on Tuesday. He did not specify whether it would be Alipay that lists or its parent, Zhejiang Ant Small and Micro Financial Services Group.

  • WASHINGTON, Nov 10- The U.S. Postal Service was the victim of a cyber attack that may have compromised the personal information of more than 800,000 employees as well as data on customers who contacted its call center from January through mid-August. The employee information possibly accessed includes names, dates of birth, Social Security numbers, addresses,...

  • WASHINGTON, Nov 10- The U.S. Postal Service reported a data breach on Monday that may have compromised personal information about its 500,000 employees as well as data on customers who contacted its call center from January through mid-August. The employee information possibly accessed includes names, dates of birth, Social Security numbers, addresses,...

  • Nov 9- Deal makers and private equity employees are expected to receive the biggest hikes in bonuses this year on Wall Street, according to a forecast by compensation consulting firm Johnson Associates. "A mixed bag of fortunes awaits Wall Street professionals this bonus season, despite a moderately positive year across the financial services industry," said...

  • Morgan Stanley board member Griffith Sexton retires Friday, 31 Oct 2014 | 5:14 PM ET

    Oct 31- Morgan Stanley said Griffith Sexton, a director since 2005, retired from its board. Sexton was an investment banker at Morgan Stanley from 1973 to 1995, after which he taught at Columbia Business School and Princeton University as a visiting lecturer. He was also an advisory director at Morgan Stanley from May 1995 to September 2008.

  • Morningstar Says Client Data May Have Been Leaked Saturday, 6 Jul 2013 | 5:29 PM ET

    Morningstar said personal information, including credit-card details, of about 2,300 customers may have been compromised due to a security breach last year.

  • How Wal-Mart Stores Got a Foothold in India's Market Wednesday, 5 Dec 2012 | 3:45 AM ET
    Wal-Mart signage is seen in the parking lot of the store in Mexico City, Mexico.

    Wal-Mart entered India's supermarket sector in 2010 with a $100 million bet on a consultancy with no employees, no profits, and a scant $14,000 in revenue.