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Foreclosures for sale: Big supply, low prices CNN By Les Christie May 26, 2011: 5:16 AM ET NEW YORK (CNNMoney) -- There's a three-year inventory of homes in foreclosure for sale, and that's devastating home prices. Las Vegas has so many foreclosures that 53% of all the homes sold in Nevada are in some ... See all stories on this topic »

Emerging nations eyeing joint IMF candidate: India AFP NEW DELHI — India's finance minister said Thursday he was coordinating with other emerging countries to back a common candidate to be the next head of the International Monetary Fund (IMF). "I am in touch with some of the finance ministers of ... See all stories on this topic » AFP

Yahoo, Cisco highlight tech sector activity MarketWatch By Rex Crum, MarketWatch SAN FRANCISCO (MarketWatch) — Tech stocks put in a mostly upbeat performance Wednesday, with Yahoo Inc. getting some attention as company officials held their annual meeting with Wall Street analysts. Yahoo (NASDAQ:YHOO) shares ... See all stories on this topic »

Martha Stewart Living may sell itself, shares soar Reuters By Paul Thomasch NEW YORK, May 25 (Reuters) - Martha Stewart, the home decor and cooking doyenne, may sell her company or find a partner for it after hiring bankers to explore its options. Martha Stewart Living Omnimedia's (MSO. ... See all stories on this topic »

Microsoft Should Sack Steve Ballmer, Hedge Fund Manager Says International Business Times By IB Times Staff Reporter | May 26, 2011 5:23 AM EDT Software giant Microsoft (NASDAQ:MSFT) should replace Steve Ballmer as its Chief Executive, Greenlight Capital Inc. President David Einhorn said at the Ira Sohn Investment Conference in New York. ... See all stories on this topic » International Business Times

Virgin America launches service at O'Hare Chicago Tribune Decked out in Virgin America red as prizefighter "Bruiser Branson," jabbing and weaving Wednesday on a tarmac at O'Hare International Airport, Richard Branson challenged the dominant airlines in Chicago to a competitive brawl. ... See all stories on this topic » Chicago Tribune

GLOBAL MARKETS-Stocks rise from 2-month low; euro firmer Reuters By Natsuko Waki LONDON, May 26 (Reuters) - World stocks rose from a two-month low on Thursday while the euro hit a one-week peak versus the dollar, aided by higher commodities and a report on China's possible interest in "bailout" bonds for Portugal. ... See all stories on this topic »

Chevron chiefs face shareholders after huge $18bn Ecuador fine The Guardian 'Chevron [should] cease its lies and pay,' said Humberto Piaguaje, an Ecuadorian tribal leader attending the AGM. Photograph: Ho/Reuters Chevron bosses are facing shareholders for the first time since the company was fined a total of $18bn (£11.1bn) by ... See all stories on this topic » The Guardian

Google Leads Investment in Social-Networking Game Startup Kabam Bloomberg By Ari Levy - Thu May 26 09:05:00 GMT 2011 Kabam CEO Kevin Chou says the company has created "hard-core games that have a very distinctly social flavor." Photographer: Noah Berger/Bloomberg The size of Kabam's workforce has jumped to 400 from 25 early ... See all stories on this topic »

German Government Bonds Decline as Stocks Rise, Damping Demand for Safety Bloomberg By Keith Jenkins and Garth Theunissen - Thu May 26 07:49:17 GMT 2011 German government bonds dropped as gains in stock markets sapped demand for the perceived safety of the euro-region's benchmark securities. The declines pushed the 10-year bund yield ... See all stories on this topic »

Harwood Feffer LLP Announces Investigation of California Pizza Kitchen, Inc. Bradenton Herald Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the Board of Directors of California Pizza Kitchen, Inc. ("California Pizza Kitchen" or the "Company") (Nasdaq: CPKI) concerning Golden Gate Capital's proposed offer to ... See all stories on this topic »

Hong Kong shrs edge up, China slips on rate, inflation worries Reuters By Vikram Subhedar and Clement Tan HONG KONG, May 26(Reuters) - Hong Kong shares staged a mild rebound on Thursday, as financials continue to draw in investors, while China stocks finished lower, weighed by small-caps which are seen as more vulnerable ... See all stories on this topic »

CNBC anchor Mark Haines remembered as 'real,' 'tenacious' USA Today By Adam Shell, USA TODAY NEW YORK — The bell rang as usual at the New York Stock Exchange Wednesday morning, but missing was the booming voice of longtime CNBC anchor Mark Haines letting viewers know he was on the beat, had their back and was reporting ... See all stories on this topic » USA Today

Japan's Ricoh to axe 10000 jobs to get in shape; shares jump Reuters By Mayumi Negishi TOKYO (Reuters) - Copier and printer maker Ricoh Co (7752.T) will cut nearly 10 percent of its workforce to try to boost sagging profits, a move that could signal another wave of cost-cutting by underperforming Japanese companies. ... See all stories on this topic »

Deutsche Bank investors, protestors seek answers Reuters FRANKFURT, May 26 (Reuters) - Deutsche Bank (DBKGn.DE) shareholders mingled with protestors as they gathered in Frankfurt for the lenders annual general meeting. The flagship lender, which faces a leadership vacuum and a raft of legal issues tied to ... See all stories on this topic »

Fredriksen calls US charges on oil prices "rubbish" - daily Reuters OSLO, May 26 (Reuters) - Shipping magnate John Fredriksen said US regulator lawsuits against two of his trading firms for suspected oil price manipulation in 2008 were "rubbish", a Norwegian newspaper reported on Thursday. ... See all stories on this topic »

Will your car survive a crash test? Check out the top small car safety picks NewsNet5.com Copyright 2011 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. CLEVELAND - The annual report of small car crash tests just released Thursday morning reveals better than year's past ... See all stories on this topic »

For-Profit College Costs Surpass Nonprofit Peers in US Study Bloomberg By John Lauerman - Thu May 26 04:01:00 GMT 2011 The average cost of attending a four- year for-profit college surpassed expenses at both US state and private nonprofit universities, a government report found. Full-time students paid an average of ... See all stories on this topic »

GM to invest $69m in Michigan plant Automotive Business Review General Motors plans to invest $69m and add about 2500 jobs at its Detroit-Hamtramck, Michigan assembly plant to build the next-generation Chevrolet Impala large sedan and other cars. The plant will also build the new Chevrolet Malibu mid-size sedan ... See all stories on this topic »

Freescale IPO prices below range: underwriter Reuters NEW YORK (Reuters) - Freescale Semiconductor Holdings (FSL.N) priced shares in its initial public offering below the expected range on Wednesday, an underwriter said. The company sold 43.5 million shares for $18 each, raising about $783 million. ... See all stories on this topic »

Lenovo Q4 net more than triples as corporate demand returns Reuters By Lee Chyen Yee HONG KONG, May 26 (Reuters) - Lenovo Group Ltd , the world's No.4 PC brand, more than tripled its fourth-quarter net profit, beating forecasts on robust demand from commercial customers and making up for a slowdown in the consumer ... See all stories on this topic »

Burberry Profits Up In Line With Expectations Wall Street Journal By Kathy Gordon LONDON (Dow Jones)--British luxury clothing retailer Burberry PLC (BRBY.LN) Thursday reported full year earnings up 39%, broadly in line with market estimates, boosted by increasing popularity with Chinese shoppers and double-digit ... See all stories on this topic »

If your flight's price falls after you buy, don't kick yourself before seeking ... Boston Globe By Samantha Bomkamp On average, ticket prices are higher than a year ago, but select fares have dropped since March, particularly on routes with the most competition or the fewest bookings. Before kicking yourself, find out if you can recoup the ... See all stories on this topic »

Disney withdraws Seal Team 6 trademark application The Guardian AP US Navy Seals carried out the raid which led to the death of Osama bin Laden. Photograph: Rex Features Walt Disney has withdrawn its application to trademark Seal Team 6, the name of the elite unit that killed Osama bin Laden, after the US navy ... See all stories on this topic » The Guardian

NetApp 4Q Net Up 11% On Market-Share Gains, Robust Demand Wall Street Journal -NetApp CEO expects the company to continue gaining share and growing faster than the market. By Shara Tibken Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--NetApp Inc.'s (NTAP) fiscal fourth-quarter earnings rose 11% and the storage company issued a ... See all stories on this topic »

Durable-Goods Orders in US Dropped 3.6% in April, the Most in Six Months Bloomberg By Shobhana Chandra - Wed May 25 20:15:17 GMT 2011 Boeing Co. employees assemble a 787 Dreamliner jet for Air India at the company's manufacturing facility in Everett, Washington. Photographer: Ron Wurzer/Boomberg May 25 (Bloomberg) -- Maury Harris, ... See all stories on this topic »

Boeing, ANA to conduct 787 service readiness Reuters May 26 (Reuters) - US planemaker Boeing (BA.N) said it will work with Japanese carrier All Nippon Airways (9202.T) to test the 787 Dreamliner's readiness to enter commercial service in Japan. The companies will simulate in-service operations across ... See all stories on this topic »

Big US oil companies face growing concern on fracking Reuters By Anna Driver and Braden Reddall DALLAS/SAN RAMON, Calif., May 25 (Reuters) - Large blocks of investors in the two biggest US oil companies on Wednesday demanded more disclosure about the environmental risks of extracting oil and gas through hydraulic ... See all stories on this topic »

Tesla rolling out more stock to fund 'Model X' AFP NEW YORK — Tesla Motors announced plans on Wednesday to offer another 5.3 million shares in the US electric carmaker to the public to help fuel development of another model. The Palo Alto, California-based Tesla, which was founded in 2003 by Elon Musk, ... See all stories on this topic » AFP

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