Mike Turner News
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Attorney General Eric Holder ordered a criminal investigation into the U.S. Internal Revenue Service’s targeting of small-government advocacy groups for extra scrutiny.
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The acting commissioner of the Internal Revenue Service said the agency’s errors in targeting small-government groups stemmed from the lack of a “sufficient process” and weren’t the result of partisanship.
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John Thain, who sold Merrill Lynch & Co. for a premium at the height of the financial crisis, has transformed the once-bankrupt lender CIT Group Inc. into an enticing takeover target for some of the largest banks.
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GKN Plc may name former BAE Systems Plc Chief Executive Officer Mike Turner as its chairman, the Sunday Times reported, without saying where it got the information.
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Removing the bank embedded in H&R Block Inc. would turn the biggest U.S. tax preparer into a potential takeover target.
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Companies around the world are rewarding shareholders with the highest dividends in more than two decades compared with bond interest payments, even after the best start to a year for equities since 1994.
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Financial markets are more at risk from policy makers getting spending and interest rates wrong than rising oil prices, according to investment strategists in Scotland overseeing about 530 billion pounds ($850 billion).
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When Bill Dinning attended a real estate conference in London a month ago, Aegon Asset Management’s head of investment strategy was struck by how little the audience seemed to care about the market.
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Whether divining Chinese interest rate policy, worrying about U.S. government finances or valuing Spanish bonds, strategists in Edinburgh say one thing is clear about next year: politics trump economics.
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For the second time in less than a week, bank investors got a reminder the companies can’t escape from bad mortgages sold during the U.S. housing boom.
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