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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Renter Nation Rages On

Category : Business

By Diana Olick, CNBC Real Estate Reporter

NEW YORK (CNBC) — The supply of empty homes for rent is falling, and the nation’s homeownership rate is hovering near a fifteen year low.

How can that be when the housing market is finally turning around and more homes are selling? …

Read the original post: Renter Nation Rages On

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Central Bank Gold-Grab Intensifies, Part II

Category : Business, Stocks

VANCOUVER (Silver Gold Bull) — In Part I of this series, I discussed the latest chapter in Western bankers’ newfound love-affair with gold.

Indeed, as central banks around the world swap their own paper for gold at the fastest pace in history, it’s quite clear which monetary asset these charlatans really believe is a “barbarous relic.”

After bad-mouthing gold for decades (and continuing to get their media trolls to attempt to frighten people away from gold today), we are currently witnessing history’s greatest “bash and buy.” …

Read this article: Central Bank Gold-Grab Intensifies, Part II

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Predicting the Stock Market’s Next Big Move

Category : Business

NEW YORK (TheGoldAndOilGuy.com) — The phrase “stock market predictions” represents a very controversial topic and seems to carry a negative or non-credible overtone to most traders, investors and the general public.

We all know you cannot predict the market with 100% certainty, but you can still correctly predict the market more times than not if you do things right.

Keep in mind that the term “market prediction” is also known as a market forecast or technical analysis outlook and is nothing more than an estimate of where the price for a specific investment is likely to move in the coming minutes, hours, days, weeks and even months. …

Read the original post: Predicting the Stock Market’s Next Big Move

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Why Home Prices Are Better and Worse

Category : Business

By Diana Olick, CNBC Real Estate Reporter

NEW YORK (CNBC) — A home is worth exactly what someone is willing to pay for it.

We could end it right there, but for the fact that in the middle of the most closely-watched housing recovery in history, the sheer number of monthly and quarterly home price reports has proliferated to the point of almost weekly readings. …

Read the original: Why Home Prices Are Better and Worse

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Chesapeake: Board Shake-Up Spurs Hope

Category : Business

NEW YORK (Trefis) — Over the past few months, cash-strapped Chesapeake Energy has faced several headwinds as its leadership team misgoverned and aggravated the operations already marred by rock-bottom gas prices. A policy crisis and the alleged involvement of its top management in illegal activities have been a characteristic of Chesapeake in the past few months.

The company is set to crown a new chairman and replace as many as four members on its nine-member board, with activist billionaire investor Carl Icahn playing a central role. We think this move will help reinforce its strategies and make it less vulnerable to external factors. This news should bring about some respite to the investors; however, it is still a long journey for Chesapeake to rise to yesteryear’s highs from a profitability standpoint, especially with rock bottom gas prices. Billionaire activist investor Carl Icahn

The current market price for Chesapeake is converging toward the Trefis price estimate of $19 with improving investor sentiment surrounding the stock. …

Click to view a price quote on CHK.

Click to research the Energy industry.

The rest is here: Chesapeake: Board Shake-Up Spurs Hope

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Relieved Germany May Throw Greece a Bone

Category : Business

By Matt Cantor, Newser Staff

Germany signaled that it may give Greece some much-needed breathing room in its bailout timetable today, as European leaders cheered the victory of Greece’s pro-bailout leaders this weekend. “We’re ready to talk about the time frame as we can’t ignore the lost weeks and we don’t want people to suffer because of that,” says Germany’s foreign minister.

Reuters notes that Greece’s bailout amount would have to rise should the country be given an extra year to hit its targets. …

Read the rest here: Relieved Germany May Throw Greece a Bone

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GOP Govs to Romney: Hey, Economy’s Not That Bad

Category : Stocks

By Kevin Spak, Newser Staff

When Mitt Romney visited Iowa last month, he released an ad highlighting struggling, unemployed Iowans — which sort of irked Terry Branstad, the state’s Republican governor. “My state is seeing significant growth,” Branstad tells the Wall Street Journal, saying he didn’t know why Romney tried to stress unemployment in a state with a 5.1% jobless rate.

He’s not alone. In a lot of key battleground states — like Virginia, Ohio, and Florida — Romney’s message of economic gloom puts him at odds with governors from his own party. …

Read more from the original source: GOP Govs to Romney: Hey, Economy’s Not That Bad

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10 Reasons to Be a Bull, From a Stock Market Bear

Category : Business

By Jeff Cox, CNBC.com Senior Writer

NEW YORK (CNBC) — Finding reasons not to like the current stock market doesn’t take much work, as the faltering U.S. economy, European debt crisis and looming fiscal cliff makes the job pretty easy.

But devising a list to be bullish — after one dismisses the usual “stocks are cheap” and “best house in a bad neighborhood” platitudes — takes some work, especially if your natural inclination is that the market is heading lower. …

Original post: 10 Reasons to Be a Bull, From a Stock Market Bear

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Foreclosure Spike Is Positive Sign For Housing

Category : Business

By Diana Olick, CNBC Real Estate Reporter

NEW YORK (CNBC) — After months of declines, the foreclosure numbers are going up again.

Foreclosure starts, the first phase of the process, rose 9% in May month-to-month, the first increase in over two years, according to a new report from RealtyTrac. Bad news, right? Only if you are the one losing your home. …

Continued here: Foreclosure Spike Is Positive Sign For Housing

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Mad Dash for Cash Hits Highest Level Since Crisis

Category : Business, Stocks

By Jeff Cox, CNBC.com Senior Writer

NEW YORK (CNBC) — With the threat of European debt contagion wafting through the air, investors are heading for cover, taking their most conservative positions since the depths of the financial crisis.

Cash now makes up an average 5.3% of portfolios, the most since January 2009, according to the closely watched Bank of America Merrill Lynch Survey of Fund Managers for June. …

Read more here: Mad Dash for Cash Hits Highest Level Since Crisis

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