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  • NEW YORK, March 31- As the bull market in U.S. stocks enters its seventh year, the 2015 U.S. "We wanted to highlight consistency over multiple time periods this year," said Tom Roseen, head of research services at Lipper, a division of Thomson Reuters. Five socially screened funds received Lipper Awards, including the Calvert Global Water Fund, the Guidestone...

  • NEW YORK, March 13- U.S. authorities investigating potential manipulation of Herbalife Ltd's shares by consultants working for billionaire investor William Ackman will find it difficult to prove that false statements were deliberately made to drive down the company's value, securities lawyers said. Attorney Preet Bharara have been examining whether the...

  • March 13- Billionaire investor Bill Ackman said some people hired by a consulting group working for his hedge fund had received subpoenas from federal agencies investigating possible manipulation of Herbalife Ltd's stock. Herbalife's shares rose more than 15 percent after the Wall Street Journal reported late on Thursday that federal prosecutors and...

  • The Boston Consulting Group said last month mobile money transfers in sub-Saharan Africa alone could generate fees of up to $1.5 billion by 2019.. "If you take out air-time, you have a true view of mobile money, and it's not a good story, more than a decade on," says South Africa- based Johan de Lange, who works with banks and phone companies. In Afghanistan, for example,...

  • Feb 24- Technology consultant Computer Sciences Corp drew buyout interest from French consulting company Cap Gemini SA and private equity firm Carlyle Group LP, according to people familiar with the matter. Talks between CSC and the consortium of Cap Gemini and Carlyle started late last year but have since fizzled, the sources said on Tuesday.

  • Feb 24- Technology consultant Computer Sciences Corp has drawn buyout interest from French consulting company Cap Gemini SA and private equity firm Carlyle Group LP, according to people familiar with the matter. CSC, which has a market capitalization of around $10 billion, is now working with Royal Bank of Canada as it reviews its options, the people said.

  • CALGARY, Alberta, Feb 24- Cash flows from the Canadian oil sands will fall by $23 billion and turn negative in the next two years, energy consultancy Wood Mackenzie said in a report on Tuesday, as low crude prices make it less economical to extract tar-like bitumen from the sands. The oil sands of northern Alberta hold the world's third-largest proven crude...

  • CALGARY, Alberta, Feb 24- Oil sands cash flows will fall by $23 billion in the next two years, energy consultancy Wood Mackenzie said in a report on Tuesday, as low global petroleum prices make it less economical to extract bitumen from northern Alberta. Canada's oil sands hold the world's third-largest proven crude reserves after Saudi Arabia and Venezuela, but...

  • CALGARY, Alberta, Feb 24- Oil sands cash flows will fall by $21 billion in the next two years, energy consultancy Wood Mackenzie said in a report on Tuesday, as low global petroleum prices make it less economical to extract bitumen from northern Alberta. Canada's oil sands hold the world's third-largest proven crude reserves after Saudi Arabia and Venezuela, but...

  • Feb 12- The federal judge who oversaw Detroit's historic bankruptcy case ruled on Thursday that the nearly $178 million charged to the city by law firms and consultants for fees and expenses was reasonable. The biggest bill in the biggest-ever U.S. municipal bankruptcy came from law firm Jones Day, which had employed Kevyn Orr before he was tapped by Michigan...

  • Deloitte names first female CEO of a Big 4 firm Monday, 9 Feb 2015 | 11:09 AM ET

    NEW YORK, Feb 9- Deloitte LLP has named veteran Cathy Engelbert as chief executive officer, making her the first woman to become CEO of a major U.S. accounting and consulting firm. Engelbert, 50, was formerly chairman and chief executive of Deloitte& Touche LLP, the U.S. auditing subsidiary of Deloitte LLP. Deloitte LLP is the U.S. arm of Deloitte Touche Tohmatsu, one of...

  • BOSTON, Feb 8- These are nervous times at the top of North America's oil companies. "2014 is going to look like a pretty good year for most," said Mike Halloran, senior partner and executive compensation specialist at the Dallas office of consulting firm Mercer. In dollar terms, energy company CEOs made an average of $7.3 million in 2013 compared with an average of $5.3...

  • CHICAGO, Jan 23- U.S. Department of Agriculture Secretary Tom Vilsack has directed agency staff to create and deliver an updated Animal Welfare Strategy plan within 60 days, according to an internal email reviewed by Reuters. The emailed memo from Chavonda Jacobs-Young, head of the agency's Agricultural Research Service, was sent to all Animal Research...

  • Jan 12- Privately held 23 andMe Inc said Pfizer Inc would have access to its research services, helping the pharmaceutical giant better understand the lupus disease. About 5 million people worldwide have a form of lupus, according to the Lupus Foundation of America. Pfizer is already partnering with the company to study genetic factors associated with the...

  • Citigroup appointed Shreyas Bordia managing director in its EMEA energy team based in London. Bordia joins from Morgan Stanley, where he was part of the energy team with a primary focus on the E&P and oil field services sectors, Citigroup said in a statement. DeBono, based in London, will focus on risk management and valuation of complex assets at FTI Consulting,...

  • Accenture raises revenue outlook after strong 1Q Thursday, 18 Dec 2014 | 12:02 PM ET

    Accenture raised its revenue forecast for fiscal 2015 after contract wins helped it post better-than-expected first-quarter earnings and revenue.

  • Dec 18- Consulting and outsourcing company Accenture Plc raised its revenue forecast for fiscal 2015 after contract wins helped the company post better-than-expected first-quarter earnings and revenue. Accenture's shares rose 3.5 percent to $88.25 in premarket trading on Thursday. Accenture, which gets about 56 percent of its revenue from outside North...

  • 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...

  • 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...