Buffett scorns tricky Wall Street accounting, but defends buybacks

NEW YORK (Reuters) – Billionaire investor Warren Buffett on Saturday attacked what he saw as tricks used by U.S. companies to boost earnings and stock prices, but he defended one oft-criticized…

Warren Buffett says investors should stick with index funds

NEW YORK (Reuters) – Berkshire Hathaway Inc Chairman Warren Buffett on Saturday ramped up his criticism of Wall Street, saying investors should “stick with low-cost index funds.”

Once struggling loans return on red-hot demand

NEW YORK (Reuters) – Web conferencing provider Premiere Global Services (PGi) is considering a return to the loan market to reprice its debt and even add a little more to pay a dividend after…

Out-of-favour BRIC funds see inflows amid emerging equity boom

LONDON (Reuters) – Economic turnaround in Russia and Brazil may be tempting investors back to BRIC equity funds, with EPFR Global on Friday reporting such funds took in new cash for two weeks in a…

US SEC to take steps to modernize disclosures

WASHINGTON (Reuters) – The top U.S. securities regulator unveiled plans on Friday to modernize outdated corporate disclosure rules and make it easier for investors to locate information that is often…

Investment consultants in joint response to FCA review, quiet on details

LONDON (Reuters) – Investment consultants Mercer, Aon Hewitt and Willis Towers Watson said they had banded together to propose market changes that help them avoid a competition review by Britain’s…

Charmed by U.S. tax plans, investors buy stock, bond funds

NEW YORK (Reuters) – Investors are showing increasing comfort wading into the markets, lavishing cash on U.S.-based stock and corporate bond funds in the latest week, Lipper data showed on Thursday.

AIG sees uncertainty in ‘too-big-to-fail’ label for insurers: filing

(Reuters) – Insurance giant American International Group sees “considerable uncertainty” about U.S. regulations that deem non-bank financial institutions as being too big to fail, given the recent…