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Browsing all articles from July, 2011

Another designer frenzy coming to Target

CINCINNATI – Get ready for another designer frenzy at Target stores in the next few days.

The discount chain is rolling out more and more designer lines for one simple reason: They create a buzz, and bring women into the store.

First it was designer Michael Graves. Then came last year’s Misssoni craziness, where the design house’s zigzag fashions sold out in hours.

And now it’s Jason Wu.

Hoping to repeat the magic

Target is hoping to repeat the magic of last fall, when its Missoni line broke sales records.

This time, Jason Wu, famous for designing Michelle Obama’s gown that she wore to the inaugural ball in 2009, will be setting up shop.

Wu’s runway dresses cost $1,000 or more.

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Stock ETFs Touch Highest Levels Since July

Stock exchange traded funds were set for a lower open on Monday with Greek debt concerns moving back to the forefront.

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Ivy League school rolls out largest tuition hike in six years

Tuition will be $38,650, up from $37,000 in the current year, the Ivy League school in Princeton, New Jersey, said today in a statement. Room costs will increase 5.4 percent to $6,950 from $6,596 and board will climb 3.8 percent to $5,680 from $5,473.

The increase in tuition and fees at Princeton exceeds the benchmark U.S. inflation measure. The consumer price index rose 3 percent in the 12 months ended in December, according to the U.S. Labor Department. Surging tuition costs nationwide over the past decade led the Obama administration last week to announce plans to help make colleges more affordable.

The University accordingly must continue to seek creative ways to find efficiencies and reduce expenditures, Provost Christopher Eisgruber said in a statement.

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The increase is the largest since the 2006-2007 academic year, when costs rose 4.9 percent.

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Why big finance is so hostile to Robin Hood

Now that a financial transactions tax is almost certain to be introduced at some level in Europe, the chorus of opposition from within the finance industry is becoming more shrill and more frequent. Lavish research reports spell out the doom that will follow implementation of an FTT. But this is nothing more than special pleading by those who work in the transactions industry.

Its not just the impact an FTT would have on their bonus income theyre worried about, though. As the increased focus of attention shone on the practices of the hedge fund industry by Mitt Romneys stumbling campaign for the US Republican presidential nomination demonstrates, hedge fund managers have been making a mint out of management fees as well as the growth in the funds they manage: and its that management fee income that they are desperate to protect from a Robin Hood Tax.

This explains much of what hedge fund and pension fund managers have been saying about the impact of a Robin Hood Tax on pensions.

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“Imlek” festivities across Indonesia welcome the Chinese Year of the Water Dragon 2563

As the year of the Golden Rabbit, or 2562 in the Chinese calendar, comes to a close, lanterns and many other colorful ornaments begin to gaily decorate several parts of Indonesia, with celebrations prepared in major cities to welcome the coming of the Year of the Water Dragon 2563, which falls on January 23, 2012.

In the sprawling capital city of Jakarta, many major shopping malls have already brought the “imlek” (Chinese New Year celebration) atmosphere to buildings, dominated by the color of red, with all required accessories, Bazaars, art performances, and other activities also highlight this year’s Chinese New Year celebrations. At Ma

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Miles credit card offers: pros and cons

credit cardsThe first step to find the best credit card is to learn the benefits provided by these cards. Credit card companies create a lot of attractive offers to lure new customers and keep them. While many people have to deal with enormous credit card debt, providers offer 0 apr balance transfer credit cards, which can be used to consolidate and pay off debts. Read all post…

Equipment Lease Finance Industry Confidence Improves In January

Washington, DC, January 23, 2012 –- The Equipment Leasing & Finance Foundation releases the January 2012 Monthly Confidence Index for the Equipment Finance Industry today. Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $628 billion equipment finance sector.  O

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Industrial ETFs Outperforming in Early 2012

When constructing a well-diversified portfolio, exchange traded fund investors should consider including various sectors to enhance their market exposure. For instance, the industrial sector may provide individuals with exposure to strong earnings growth, according to S&P analysts.

ETFs tracking the industrial sector led the market lower during the summer sell-off. However, industrial ETFs have outperformed the overall S&P 500 since the market bottom in October.

S&P Capital IQs Equity Strategy Group raised its recommendation on the industrials sector to overweight due to macroeconomic factors and strong earnings growth potential, according to a research note.

According to Alec Young, Global Equity Strategist at S&P, the sector may outperform as investors discount the recovery in the U.S., along with strong growth from Asia, while the Eurozone contains its financial problems.

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