BC-Business News Digest
â¿¿ EU-THREATENED FISH â¿¿ EU parliament pushes for end of overfishing in landmark vote; talks with European Union nations ahead.
â¿¿ SKOREA-FLIGHT ATTENDANTS-TROUSERS â¿¿ South Korean man suffers second-degree burns from a Samsung smartphone battery fire.
â¿¿ HONG KONG-FENG SHUI FORTUNES â¿¿ Year of the snake promises less tumult for investors than past, Hong Kong brokerage says. AP photos
PERSONAL FINANCE:ON THE MONEY-BECOMING A LANDLORD Low mortgage rates have made buying a home more affordable, making homes-turned-rentals an attractive option for investors looking for a better return on their money. Here are eight tips on becoming a landlord or investor in rental property. By Business Writer Alex Veiga. MUTUAL FUND FLOWS BOSTON â¿¿ The newfound confidence that investors showed at the start of the year held up through the end of January, boosting cash flows into stock mutual funds to the highest levels in years. By one measure, funds attracted cash at the fastest pace since 1996. If the trend holds up, 2013 would be the first year since 2006 that deposits into stock funds have exceeded withdrawals. By Personal Finance Writer Mark Jewell. ___ A sampling of Money & Markets modules is below. The full digest for AP's Money & Markets service can be found at markets.ap.org. For questions about Money & Markets content, please contact Trevor Delaney (800-845-8450, ext. 1807). For technical support: Todd Balog (816-654-1096). After 6 p.m., contact the AP Business News desk (800-845-8450, ext. 1680) for content questions; 1-800-3AP-STOX for technical support and 212-621-1905 for graphics help. CENTERPIECE What's eating Apple? Apple stock has fallen steadily from its September high of $705.07. In January it was the worst performing stock in the Standard & Poor's 500 index, losing nearly 15 percent. Last month, the tech giant also momentarily lost its position as the world's most valuable company to Exxon Mobil. So what gives? A look how Apple's revenue breakdown has shifted since 2007.
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