Federal Reserve
Bernanke points to reduced Fed bond buying this year
Federal Reserve Chairman Ben Bernanke says the U.S. central bank expects to slow the pace of its bond purchases later this year and bring them to a halt around mid-2014, comments that weighed on stocks and pushed bond yields to a 15-month high. Full Article | Instant view
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Market Chatter-Corporate finance press digest
Nov 28 (Reuters) - The following corporate finance-related
stories were reported by media on Wednesday:
* Virtu Financial LLC has emerged as the early front-runner
to buy Knight Capital Group Inc in a deal expected to
value the bruised brokerage firm at more than $1 billion, the
Wall Street Journal reported, citing people with knowledge about
the continuing sale talks. ()
* BATS Global Markets is looking to raise $300 million of
"junk"-rated debt to fund a payout to shareholders in its first
attempt to tap investors since the exchange operator bungled its
own public float in March, the Financial Times reported. ()
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