Wall Street

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  Groupon's Accounting Lingo Gets Scrutiny

  Groupon has attracted scrutiny from regulators over a newfangled accounting metric it is using to market itself to investors ahead of its IPO.

  • CFO Journal: Groupon Doing Itself 'Disservice'
  • Groupon IPO: Financial Magic Under the Gun

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  Labor Proposal Pains Wall Street

  The Labor Department is plowing ahead with plans to expand its oversight of pension plans, 401(k) plans and individual retirement accounts despite resistance from Wall Street.

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  Fed Targets RBS Over Compliance

  Royal Bank of Scotland was hit with a cease-and-desist order by the Fed over violations of federal money-laundering laws, the latest effort by U.S. regulators to crack down on foreign banks' compliance with U.S. law.

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  U.K. Claims Hit Santander

  Banco Santander reported a 38% slump in second-quarter net profit, after the Spanish bank set aside $899.7 million to cover potential claims for payment-protection insurance policies sold to U.K. customers.

  • The Source: PPI Charge Was a Shock

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  Pfizer: Spinoff Likely for Animal Health

  Pfizer is leaning toward a spinoff of its animal health business, viewing a sale as less compelling because of a potentially heavy tax bill and antitrust scrutiny.

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  SAC Closes Fund to New Investors

  SAC Capital Advisors, one of the nation's most prominent hedge funds, is closing its flagship fund to new investors starting Aug. 1.