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| European Stocks Fall Before Bond Sales; Vestas, UniCredit Drop BusinessWeek By Corinne Gretler Jan. 4 (Bloomberg) -- European stocks retreated from a five-month high as Germany and Portugal prepared to sell a total of 6 billion euros ($7.8 billion) in debt. US index futures were little changed, while Asian shares advanced. ... See all stories on this topic » | ||
| Turkey to seek US waiver on Iran oil -energy official Reuters ANKARA Jan 4 (Reuters) - Turkey will seek a waiver from the United States to exempt its biggest refiner Tupras from new US sanctions on institutions that deal with Iran's central bank, a Turkish energy ministry official told Reuters on Wednesday. ... See all stories on this topic » | ||
| Vestas shares dive after profit warning Reuters | COPENHAGEN (Reuters) - Shares in Danish wind turbine maker Vestas dived to an 8-1/2 year low on Wednesday after the company issued its second profit warning in only three months. Vestas said profits for 2011 would be hit by higher-than-expected ... See all stories on this topic » | ||
| EURO GOVT-Bunds fall before "tricky" German debt sale Reuters * Bunds fall before auction of Jan 2022 bond * Previous auction of this bond significantly undercovered * Underlying demand for Bunds to remain strong near-term By Marius Zaharia LONDON, Jan 4 (Reuters) - German Bunds fell on Wednesday before a new ... See all stories on this topic » | ||
| China December Home Prices Fall for 4th Month, SouFun Says BusinessWeek By Bloomberg News Jan. 4 (Bloomberg) -- China's home prices fell for a fourth month in December after the government reiterated plans to maintain property curbs, according to SouFun Holdings Ltd. Residential prices dropped 0.25 percent last month from ... See all stories on this topic » | ||
| BP Freezes Macondo Spill Payouts as Plans to Clarify Court Order Bloomberg BP Plc (BP/), operator of the Macondo well that caused the worst US oil spill, froze payments to victims of the accident until a court clarifies an order on legal fees. The court in Louisiana said BP's Gulf Coast Claims Facility should withhold 6 ... See all stories on this topic » | ||
| Small business payrolls rise 55000 in December Reuters | WASHINGTON (Reuters) - Small businesses created 55000 jobs in December and increased working hours for employees, further evidence the labor market was strengthening. In addition, workers at small businesses saw a rise in their paychecks last month, ... See all stories on this topic » | ||
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| Singapore Cuts Ministers' Pay After Wealth Gap Irked Voters BusinessWeek By Shamim Adam Jan. 4 (Bloomberg) -- Singapore will cut salaries for its prime minister and top office holders after voter unhappiness over a widening income gap weakened support for the ruling party in last year's elections. Prime Minister Lee Hsien ... See all stories on this topic » | ||
| Exxon to sell Tonen stake in retreat from Japan: sources Chicago Tribune TOKYO (Reuters) - Exxon Mobil is in talks to sell most of its 50 percent stake in TonenGeneral Sekiyu KK back to its Japanese refining partner and unload other assets in Japan in a deal that could be worth as much as $5 billion, four sources with ... See all stories on this topic » | ||
| Boeing Meets With Kansas Workers Today Amid Plant Closure Study BusinessWeek By Susanna Ray Jan. 4 (Bloomberg) -- Boeing Co. is gathering all of its employees in Wichita, Kansas, for a mandatory meeting today as the world's largest aerospace and defense company considers closing operations in the area. The gathering will begin ... See all stories on this topic » | ||
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| Huge Miss Looms For Bank Of America's 4th Quarter: KBW Forbes Bank of America is soaring in the first trading session of 2012 but it still faces some ugly ghosts of years past. The nation's second largest bank could report a major miss in its fourth quarter earnings, according to a bank earnings preview note from ... See all stories on this topic » | ||
| New Data Shows Broad Gains in Commercial Construction, Manufacturing CoStar Group By Randyl Drummer Private nonresidential construction spending rose 4.5% in November compared to the same period last year, with solid gains across all sectors led by boost in manufacturing projects, according to new Commerce Department data. ... See all stories on this topic » | ||
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| Loosen the Rules Stifling IPOs by Venture-Backed Startups Xconomy [Editor's Note: We asked selected Xconomists a series of questions designed to zero in on the big issues of the year, including "What would you be willing to throw a punch over?"] What would I be willing to throw a punch over? Solving the small-cap IPO ... See all stories on this topic » | ||
| CORRECT: UPDATE: 3M To Buy Avery Dennison Office Business For $550M Wall Street Journal (In "UPDATE: 3M To Buy Avery Dennison Office Business For $550M" at 11;04 am EST on Jan. 3 incorrectly described 3M's use of the Avery Dennison name on products in the sixth paragraph. A corrected version follows.) By Bob Tita Of DOW JONES NEWSWIRES ... See all stories on this topic » | ||
| Wegelin Bankers Said to Be Charged in Tax Crackdown by US BusinessWeek By David Voreacos Jan. 4 (Bloomberg) -- Switzerland's Wegelin & Co. was the employer of three Swiss bankers charged with conspiring to help US clients hide more than $1.2 billion from American tax authorities worked at , a person familiar with the ... See all stories on this topic » | ||
| Chevron Bid to Dismiss $18 Billion Judgment Rejected in Ecuador BusinessWeek By Karen Gullo and Mark Chediak Jan. 4 (Bloomberg) -- Chevron Corp.'s effort to overturn an $18 billion judgment against it was rejected by an Ecuador appeals court in a lawsuit alleging the company is responsible for chemicals spilled in the Amazon ... See all stories on this topic » | ||
| Smallest S&P 500 Gain Since 2005 Seen by Equity Strategists BusinessWeek By Inyoung Hwang Jan. 3 (Bloomberg) -- Forecasters at securities firms are more conservative on US stocks than any time in seven years, predicting the Standard & Poor's 500 Index will rise 6.4 percent in 2012 as budget deficits around the world limit ... See all stories on this topic » | ||
| Life Partners Sued by SEC in Disclosure Case; Shares Fall 20% BusinessWeek By Jesse Hamilton Jan. 4 (Bloomberg) -- Life Partners Holdings Inc., an acquirer of life-insurance policies, was sued by US regulators along with three of its executives over allegations of fraudulent statements, improper accounting and insider trading ... See all stories on this topic » | ||
| Acme Packet Shares Tumble After Company Lowers Its Forecasts BusinessWeek By Nick Turner Jan. 4 (Bloomberg) -- Acme Packet Inc., a seller of equipment that helps transmit voice and data over Internet networks, tumbled as much as 21 percent in late trading after the company cut its annual sales and profit estimates. ... See all stories on this topic » | ||
| Starbucks raising prices in US Northeast, Sunbelt msnbc.com Danny Johnston / AP Starbucks Corp is raising prices by an average of about 1 percent in the US Northeast and Sunbelt regions on Tuesday. By Lisa Baertlein Starbucks Corp is raising prices by an average of about 1 percent in the US Northeast and ... See all stories on this topic » | ||
| US HOT STOCKS: Eastman Kodak, Team Inc Active In Late Trading Wall Street Journal US stocks closed higher Tuesday as the Dow Jones Industrial Average gained 1.5% to 12397, the Standard & Poor's 500-stock index climbed 1.6% to 1277, and the Nasdaq Composite index advanced 1.7% to 2649. Among the companies whose shares are actively ... See all stories on this topic » | ||
| Central Bank Taps a Belgian for Key Post Wall Street Journal By BRIAN BLACKSTONE FRANKFURT—The European Central Bank tapped Belgian economist Peter Praet to head its economics division, the first time in the central bank's 13-year history that the coveted post will be held by a non-German. ... See all stories on this topic » | ||
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| Citi Facebook app lets users pool rewards points Chicago Tribune Citibank on Tuesday launched a Facebook application that lets users team up to use their credit card rewards points, whether for charity, a group gift or a personal goal. Citi says it's the first bank to offer such a feature. ... See all stories on this topic » |
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