Daily business briefing: SEC levies $2.5 million fine against Scottrade

January 30, 2014 

St. Louis-based retail broker Scottrade will pay a $2.5 million fine for failing to provide the U.S. Securities and Exchange Commission with accurate information. According to the St. Louis Business Journal, the fine comes as the broker failed to provide the SEC with complete and accurate information about trades done by the firm and its customers. Learn more at http://www.bizjournals.com/stlouis. ...

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Lower coal pricing at home and in the outback cut into Peabody Energy's revenue last year. The St. Louis Business Journal reports that the St. Louis-based energy company reported $7 billion in revenue last year, a 13.2 percent decline from 2012. The company said the decline was due to lower coal pricing in both Australia and the United States. Read more at http://www.bizjournals.com/stlouis. ...

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Viacom has reported a 16 percent increase in net income for the first quarter. The New York company owns Nickelodeon, MTV, Comedy Central and Paramount Pictures. Find out more at http://www.bnd.com/business. ...

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In 2013, the U.S. economy recorded the strongest level of consumer spending in three years. The nation's economy grew at a 3.2 percent from October to December following a 4.1 percent growth rate from July through September. For more information, go to http://www.bnd.com/business.

-- Will Buss, BND business writer

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