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Hershey mulls $17 billion solo bid for Cadbury source
Reuters
(21 November 03:49) |
| Reuters - U.S. chocolate maker Hershey Co is considering launching a bid of at least $17 billion for British chocolatier Cadbury Plc as it seeks to trump a hostile offer by Kraft Foods Inc... |
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Paulsons golden investors have to commit $10 million
Reuters
(21 November 03:19) |
| Reuters - Investors tempted to put money into star hedge fund manager John Paulson's new gold portfolio will have to commit at least $10 million and leave the money locked up for at least on... |
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Stocks dip as investors fret about recovery
Reuters
(21 November 03:02) |
| Reuters - U.S. stocks fell for a third straight day on Friday as investors took weaker-than-expected results from computer maker Dell and homebuilder D.R. Horton as a further sign that the... |
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Black Friday deals may not signal retail comeback
Reuters
(21 November 01:48) |
| Reuters - When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened but even more bargain hungry customers cross ... |
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Stocks dip as investors weigh recovery bets
Reuters
(21 November 01:47) |
| Reuters - U.S. stocks fell for third straight day on Friday as investors took weaker-than-expected results from computer maker Dell and homebuilder D.R. Horton as a further sign that the rec... |
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US Q3 seen revised down on widening trade deficit
Reuters
(21 November 01:25) |
| Reuters - The U.S. economy's return to growth in the third quarter was less brisk than previously thought as the trade deficit worsened and companies still aggressively cut inventories, a Re... |
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13 charged with mortgage and loan fraud in Oregon
AP
(21 November 12:56) |
| AP - A federal grand jury in Eugene has indicted 13 people on mortgage and loan fraud charges arising from the collapse of a central Oregon development company. |
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Hibbett Sports gains after boosting 2010 forecast
AP
(21 November 12:51) |
| AP - Shares of sporting goods retailer Hibbett Sports Inc. rose Friday, a day after its third-quarter results beat Wall Street expectations and it raised its 2010 profit forecast. |
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Dillards rises as analyst upgrades to Buy
AP
(21 November 12:03) |
| AP - Shares of department store retailer Dillard's Inc. rose on Friday after an analyst upgraded the stock to "Buy" and said efforts to cut costs and improve merchandise are paying off. |
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Rios Cloud Peak IPO edges down 3 other IPOs up
Reuters
(20 November 11:41) |
| Reuters - Investors bet on growth on Friday, bumping up shares in two newly listed companies with strong trajectories while remaining neutral or down on two others whose prospects are murkie... |
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Wall St slips on weak corporate results
Reuters
(20 November 11:33) |
| Reuters - Weaker-than-expected results from computer maker Dell and homebuilder D.R. Horton helped push stocks lower on Friday as Wall Street headed for its third straight day of losses. |
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Cautious optimism as job losses slow
Reuters
(20 November 11:32) |
| Reuters - The pace of job losses slowed in many U.S. states in October, and the unemployment rate slipped in hard-hit Michigan, the Labor Department said on Friday, hinting the recession may... |
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DR Horton results miss estimates
Reuters
(20 November 11:29) |
| Reuters - D.R. Horton Inc , the No. 2 U.S. homebuilder, reported a much larger-than-expected quarterly loss on Friday, sending its shares down 13.5 percent even though it also said orders in... |
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Downbeat Dell weighs on world markets
AP
(20 November 10:15) |
| AP - World stock markets fell Friday amid mounting concerns about the pace of the U.S. economic recovery following a disappointing earnings update from computer maker Dell Inc. |
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Wall St dragged lower after Dell Horton results
Reuters
(20 November 10:09) |
| Reuters - Worst-than-expected results from computer maker Dell and homebuilder D.R. Horton helped push stocks lower on Friday in the third straight negative session for Wall Street. |
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US layoffs fall in October
Reuters
(20 November 09:40) |
| Reuters - The number of mass layoffs reported by U.S. employers fell last month from September, a government report showed on Friday, suggesting job losses were close to bottoming. |
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Ohio AG sues credit agencies for public pensions
AP
(20 November 09:39) |
| AP - Ohio's attorney general has sued the three credit ratings agencies alleging that they gave unjustifiably high ratings to mortgage-backed securities that lost at least $457 million for f... |
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Conseco subsidiary reaches reinsurance agreement
AP
(20 November 09:31) |
| AP - Conseco Inc. said Friday that a subsidiary has reached a reinsurance agreement with Wilton Reassurance Co. covering about 237,000 life insurance policies. |
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Rio Tinto unit Cloud Peak falls in NYSE debut
Reuters
(20 November 08:50) |
| Reuters - Cloud Peak Energy Inc , a unit of Rio Tinto Plc, fell in its debut on the New York Stock Exchange on Friday after its shares priced below expectations in the U.S. coal miner's init... |
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Americas Car-Mart fiscal 2Q profit rises
AP
(20 November 08:18) |
| AP - Auto retailer America's Car-Mart Inc. reported on Friday a 61 percent higher fiscal second-quarter profit, as consumers turned to the used car market amid tighter credit restrictions. |
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Dell DR Horton results weigh on Wall Street
Reuters
(20 November 08:10) |
| Reuters - Wall Street opened lower on Friday after worse-than-expected quarterly results from computer maker Dell and homebuilder D.R. Horton underscored that the road to recovery would not ... |
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JM Smucker brews Q2 beat with Folgers coffee
Reuters
(20 November 08:05) |
| Reuters - J.M. Smucker Co , best known for its peanut butter and jelly, posted higher-than-expected quarterly results, driven by strong margins at its Folgers coffee business, and raised its... |
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PG repurchasing shares quiet on potential deals
Reuters
(20 November 08:03) |
| Reuters - Procter & Gamble Co does not see acquisitions as a core part of its growth plan and has started to buy back shares again, Chief Financial Officer Jon Moeller said on Friday. |
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DR Horton results miss estimates shares drop
Reuters
(20 November 07:59) |
| Reuters - D.R. Horton Inc , the No. 2 U.S. homebuilder, reported a much larger-than-expected quarterly loss on Friday, sending its shares down nearly 7 percent even though it also said order... |
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AnnTaylor revenue misses cautious on holiday
Reuters
(20 November 07:09) |
| Reuters - Women's clothing retailer AnnTaylor Stores Corp reported lower-than-expected quarterly revenue on Friday and gave a cautious forecast for the current holiday quarter, sending shar... |
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Whats Next for Mortgage Rates
BusinessWeek
(20 November 06:38) |
| BusinessWeek - You> But> Some> Part>It> That> Who> They> Great,> Easier>Well,> As> With> Cue> Behind>O.K.,> That> What> My> |
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European stocks steady in midday trade
AFP
(20 November 05:52) |
| AFP - Europe's main stock markets steadied on Friday one day after equities slumped on jitters regarding the economic outlook, traders said. |
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Futures lower after Dell results
Reuters
(20 November 05:43) |
| Reuters - U.S. stock index futures were lower on Friday, a day after Dell Inc reported weaker-than-expected third-quarter sales, underlining concerns about the strength of technology sector... |
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Investors ask Goldman to be less greedy report
Reuters
(20 November 05:16) |
| Reuters - Big shareholders at Goldman Sachs have asked the U.S. bank, on track to deliver $20 billion in bonuses, to pass more profit to investors after it quadrupled quarterly net profit, t... |
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GE Vivendi differ on NBCU valuation report
Reuters
(20 November 04:36) |
| Reuters - General Electric and Vivendi are at least $1 billion apart in their valuation of the French group's stake in NBC Universal, the Financial Times said, dampening hopes of a swift s... |
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Stock futures mixed Dell in focus
Reuters
(20 November 04:02) |
| Reuters - U.S. stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 down 0.04 percent, Dow Jones futures down 0.04 percent and Nasdaq 100 future... |
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Asia shares dip in nervous trade dollar steady
Reuters
(20 November 12:31) |
| Reuters - Asian shares slipped on Friday, but recovered some early losses, while the dollar was steady after U.S. data raised fears that a global economic recovery could lose momentum. |
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Big shareholders ask Goldman to cut bonuses report
Reuters
(20 November 11:14) |
| Reuters - Some of Goldman Sachs Group Inc's largest shareholders have asked the company to cut the size of its bonus pool and pass along more of its profits to investors, the Wall Street Jo... |
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Burkle buys Barneys New York debt report
Reuters
(20 November 11:06) |
| Reuters - Supermarket mogul Ron Burkle and his investment arm, Yucaipa, have purchased a large amount of U.S. luxury retail chain Barneys New York's debt, the Wall Street Journal said, citin... |
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Dell bets on corporate spending for recovery
Reuters
(20 November 11:04) |
| Reuters - Dell , the world's No.3 PC brand, said on Friday that its core business of selling computers to companies was returning, after a sharp drop-off during the global downturn led to di... |
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Asia shares dip in shift to safety
Reuters
(20 November 09:30) |
| Reuters - Asian shares fell on Friday and the dollar firmed as investors took profits on riskier assets after U.S. data raised fears that a global economic recovery could lose momentum. |
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GE Vivendi $1 billion apart over NBC Universal stake report
Reuters
(20 November 09:25) |
| Reuters - General Electric and Vivendi are at least $1 billion apart in their valuation of the French group's stake in NBC Universal, the Financial Times said on Thursday. |
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Bank bill delayed in House Senate divided
Reuters
(20 November 07:36) |
| Reuters - Progress toward tighter U.S. financial regulation faltered in the U.S. Congress on Thursday as a House committee postponed a pivotal vote and Republicans on a Senate committee aire... |
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AOL shows worst not over for media job cuts
Reuters
(20 November 06:50) |
| Reuters - If AOL's announcement on Thursday of another 2,500 job cuts is anything to go by, the painful layoffs that have ravaged the media industry over the past year are nowhere near over. |
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Fed sees little risk of inflation in weak economy
Reuters
(20 November 06:24) |
| Reuters - Senior U.S. Federal Reserve officials said on Thursday inflation is not an immediate threat as a weak economic recovery and a grim outlook for jobs keep price pressures in check. |
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Gap profit up 25 pct in 3Q as Old Navy recovers
AP
(20 November 05:22) |
| AP - Shoppers spent more money at low-price Old Navy stores in the third quarter, helping Gap Inc.'s profit climb 25 percent compared with last year, the retailer said Thursday. |
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SEC told to improve ways it chooses probe targets
AP
(20 November 05:12) |
| AP - The Securities and Exchange Commission must tighten its process for deciding which investment advisers to inspect if it is to avoid colossal breakdowns like the one that allowed Bernard... |
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Gap profit climbs 25 percent in 3Q
AP
(20 November 04:21) |
| AP - Shoppers spent more money at low-price Old Navy stores in the third quarter this year, helping Gap Inc.'s profit climb 25 percent compared with last year, the retailer said Thursday. |
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NJ Resorts casino gets OK to give keys to lenders
AP
(20 November 03:54) |
| AP - America's first casino to open outside Nevada has gotten permission to hand itself over to its lenders because it can't pay the mortgage. |
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Summary Box Foreclosures surge
AP
(20 November 03:50) |
| AP - FORECLOSURES RISE: The Mortgage Bankers Association reported that 14 percent of homeowners with a mortgage were either behind on payments or in foreclosure at the end of September. That... |
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Retailers want rollback of Fla unemployment tax
AP
(20 November 03:49) |
| AP - Some Florida businesses want to partly roll back an increase in their unemployment compensation tax after being shocked by its magnitude. |
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Wall St drops on recovery concerns tech rout
Reuters
(20 November 03:48) |
| Reuters - U.S. stocks slid on Thursday as another batch of economic data pointed to the fragility of the recovery and a brokerage's dim view on the semiconductor sector hit technology shares... |
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Dell results miss expectations shares drop
Reuters
(20 November 03:20) |
| Reuters - Dell Inc's quarterly profit plunged 54 percent and its revenue missed Wall Street expectations as sales to large business continued to struggle, driving its shares down 6 percent. |
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Gap profit up 25 percent board oks buyback
Reuters
(20 November 03:06) |
| Reuters - Apparel retailer Gap Inc said on Thursday that quarterly net income rose by 25 percent, meeting Wall Street estimates, helped by improved profit margins and rebounding sales at it... |
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Wall St sinks on tech and recovery concerns
Reuters
(20 November 03:03) |
| Reuters - Technology stocks drove a broad-based U.S. sell-off on Thursday as a brokerage took a dim view of demand prospects for the semiconductor sector, while economic data underscored the... |
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