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Blackstone notifies Cohen's SAC it intends to pull money -pension consultant

May 25 - Billionaire hedge fund manager Steven A. Cohen is losing the financial support of Blackstone Group Inc , the largest outside investor in his embattled SAC Capital Advisors, which is yanking much of its client money, according to a letter reviewed by Reuters.

CORRECTED-Loro Piana rides high through recession in ultra-luxury sector

(Corrects paragraph 10 to show Europe is strongest market)

Earnings, 25 May 2013

Jordan economy set to grow 3.5 pct in 2013 - central banker

DEAD SEA, Jordan, May 25 - Jordan's economy is expected to grow around 3.5 percent this year driven by remittances, higher domestic consumption and some pickup in construction activity, the kingdom's Central Bank governor said on Saturday.

25 May 2013

Germany's Kion ready for IPO but not in a rush - report

FRANKFURT, May 25 - Kion Group, the world's second biggest maker of fork lift trucks, would be ready for an initial public offering but is not in a rush, German paper Frankfurter Allgemeine Zeitung reported, citing Kion's chief executive.

What Detroit crisis? Pension fund trustees hang out in Hawaii

HONOLULU, May 25 - The city of Detroit may be facing a deepening financial crisis but that hasn't stopped four trustees of its public pension funds from spending $22,000 of retirement system funds to attend a conference in Hawaii this week.

Financials
Berkshire Hathaway Inc $166,020.00 -0.57%
Wells Fargo & Co $40.24 +0.57%
JPMorgan Chase & Co $53.66 +0.58%

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