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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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HSBC Identifies Buy to Let Hotspots in England & Wales

Category : Stocks

- Southampton tops the list with a rental yield of 7.82%

- Hull, Manchester and Nottingham are also in the top ten due to affordable purchase prices

- Blackpool is the top seaside town for BTL investors with a yield of 7.81%

The rest is here: HSBC Identifies Buy to Let Hotspots in England & Wales

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Apple’s yield hits 2.625% as shares plummet to 2011 levels

Category : Business

Waiting for Tim Cook to increase Apple’s dividend yield? Today the market did it for you.

See more here: Apple’s yield hits 2.625% as shares plummet to 2011 levels

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Tranzbyte Corp (ERBB: OTC Link) | Altitude Organic Partner, Scientist Dr. Vladimir Valisenko, Proves Humate Organic Fertilizer Dramatically Enhances Agriculture Yields

Category : Stocks

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Altitude Organic Partner, Scientist Dr. Vladimir Valisenko, Proves Humate Organic Fertilizer Dramatically Enhances Agriculture Yields

PR Newswire

PHOENIX, Feb. 13, 2013

PHOENIX, Feb. 13, 2013 /PRNewswire/ –

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The cost of gambling in Britain today: get the data

Category : Business

More than £40bn was wagered on high-speed, high-stakes gambling machines from April 2011 to March 2012 according to estimates. Get the data by parliamentary constituency
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More data journalism and data visualisations from the Guardian

The latest figures show that more than £40bn was staked on high-speed, high-stakes gambling machines with northern, urban cities and London boroughs with high levels of unemployment last year bearing the brunt.

These figures have proved contentious with bookmakers complaining that in fact it is fairer to focus on bookie’s profits of just £1.4bn. However the £40bn is an indication of the “activity and engagement” punters have on the machines say campaigners.

Adrian Parkinson, who worked for the Tote, was involved with launching fixed odds betting terminals (FOBTs) from 1999 until 2008, worked out the figures using a survey commissioned by Fairer Gambling and industry data. The huge sums involved, he says, are down to fixed-odds betting terminals which bring high-speed, high-stakes casino gambling to the high street.

His most recent analysis is based on the financial period April 2011 to March 2012. According to the Gambling Commission, based on data provided by bookmakers, there were 33,284 FOBTs located across the UK in betting shops.

The declared Gross Gambling Yield (gross profit) from on FOBTs was
£1.42bn in 2012. Therefore the average weekly profit per FOBT was £825, up from £760 in 2011.

Based on the declared number of operating betting shops of 9,128 the average density of FOBTs is 3.65 per shop. Regional variations in density, says Fairer Gambling, have been factored in to their analysis using data sourced from Tote Sport retail 2009.

The profit per terminal has been factored across all betting shops within each parliamentary constituency to produce the Gross Gambling Yield (GGY). Fairer Gambling point out that the actual Gross Gambling Yield achieved on FOBTs in 2011/12 was £1.42 billion “whereas our result is £1.36 billion. This difference is caused by approximately 1.8% of betting shops not being mapped by Geofutures due to postcode anomalies. This is an acceptable level of error”.

The Association of British Bookmakers claim that the data is flawed pointing out that in about ten consitituencies the numbers do not match the number of shops.

The table shows gambling data by parliamentary constituency and includes claimant count for December 2012. What can you do with this data?

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10-year Treasury yield tops 2%

Category : Business, Stocks

The better-than-expected report on durable good lifted the 10-year Treasury yield to its highest point since Apirl 2012.

Continued here: 10-year Treasury yield tops 2%

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10-year Treasury yield tops 2%

Category : Business, Stocks

The better-than-expected report on durable good lifted the 10-year Treasury yield to its highest point since Apirl 2012.

View post: 10-year Treasury yield tops 2%

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Treasuries singe investors

Category : Stocks

The yield on the 10-year Treasury note is closing in on 2%, hurting investors who plowed into the safe haven investment at lower rates.

Continued here: Treasuries singe investors

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Is the gilded age of high yield over?

Category : Business, Stocks

Investors are getting paid the lowest interest rate they’ve ever been paid to take the risk of owning high yield debt.

Here is the original post: Is the gilded age of high yield over?

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Mothercare performance improves

Category : Business, World News

Mothercare says its turnaround strategy continues to yield results, cutting losses and arresting its sales decline.

Read more: Mothercare performance improves

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It’s time to get choosy about junk bonds

Category : Stocks

Investors seeking income are flocking to high-yield bonds, prompting fears of a bubble. Here’s how to minimize your risk.

See the article here: It’s time to get choosy about junk bonds

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