Fund managers see 2013 stock gains on profits strength
Boston based fund managers forecast a positive 2013 stock market driven by strong corporate profits. They expect modest gains from the S P 500 after 2012’s 15 percent rise while consumer confidence remains weak and fiscal cliff uncertainty looms. Earnings growth around 10 percent is anticipated, supporting cautious optimism.
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Boston
Congress
White House
Standard & Poor
Washington
Wall Street
FactSet
Mike McGarr
Becker Value Equity Fund
BVEFX
SeaWorld files for 100 million IPO
SeaWorld Entertainment Inc. plans a public offering to raise about 100 million dollars as it expands from its 11 parks 67 000 animals. Blackstone plans to sell some shares but retain a majority stake while using proceeds to reduce debt and fund a Sea Rescue TV show. The IPO aims to trade as SEAL on Nasdaq with no fixed date or share count disclosed.
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Shamu
SeaWorld
SeaWorld Entertainment Inc
Anheuser -Busch
Tampa
U.S
Blackstone Group LP
Sea Rescue
ABC
Blackstone
Securities and Commission
Sea World
SeaWorld Orlando
Shamu Stadium
Orlando
Fla
No Ethics Breaches Found in Countrywide VIP Loans
The House Ethics Committee found no violations among House members tied to Countrywide VIP mortgage loans. It noted many allegations involved loans long past the committee’s jurisdiction and that VIP status did not guarantee the best terms. Staff actions were criticized though mostly outside jurisdiction.
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Washington
House
Countrywide Financial Corp
Countrywide
Bank of America
House Oversight and Government Reform Committee
Congress
Congressional
Fannie Mae
Ethics Committee
Jo Bonner
R-Ala
Linda Sanchez
California
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