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Date: Saturday, 21 Nov 2009 02:14

A Chinese flag flies outside the New York Stock Exchange, November 20, 2009. Shares of Chinese discount hotel chain 7 Days Group Holdings Ltd  jumped as much as 28.6 percent in their New York Stock Exchange debut on Friday. REUTERS/Brendan McDermid (UNITED STATES BUSINESS)Reuters - U.S. stocks could sputter next week as volumes dry up in holiday-shortened trading and with a slew of economic reports likely to illustrate the recovery is still fragile.


Author: "--" Tags: "business"
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Date: Saturday, 21 Nov 2009 00:09

Hershey's candy boxes are seen inside a store in New York, November 18, 2009. REUTERS/Shannon StapletonReuters - 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, a source familiar with the matter said on Friday.


Author: "--" Tags: "business"
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Date: Friday, 20 Nov 2009 22:59
AP - The New Hampshire attorney general's office wants to force a mortgage company that closed suddenly into bankruptcy.
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Date: Friday, 20 Nov 2009 22:21
NewsFactor - In what may remind many consumers of the Amazon Kindle's early days, Barnes & Noble expects shipments of its nook e-book reader to be delayed. On Friday, the giant book retailer said it has sold out its first batch of nooks amid high demand -- and new shipments won't be available until after the holiday shopping season ends.
Author: "--" Tags: "business"
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Date: Friday, 20 Nov 2009 21:49
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 one year, according to a prospectus.
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Date: Friday, 20 Nov 2009 20:18

Shoppers are pictured at the Glendale Galleria shopping mall on Black Friday in Glendale, California November 28, 2008. REUTERS/Fred ProuserReuters - 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 their thresholds.


Author: "--" Tags: "business"
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Date: Friday, 20 Nov 2009 20:07
AP - The three major credit ratings agencies gave mortgage-backed securities unjustifiably high ratings in return for lucrative fees, losing at least $457 million for five Ohio public employee pension and retirement funds, the state's attorney general alleged in a lawsuit filed Friday.
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Date: Friday, 20 Nov 2009 19:55

Ships and containers are seen at the Port Newark Container Terminal near New York City in Newark, New Jersey in this picture taken July 2, 2009. REUTERS/Mike SegarReuters - 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 Reuters survey predicted.


Author: "--" Tags: "business"
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Date: Friday, 20 Nov 2009 19:08
Reuters - NYSE Euronext , LCH.Clearnet, BATS Global Markets and other firms partnered with banks have urged two U.S. legislators to drop a proposed "rigid" cap on dealer ownership of clearinghouses, according to a letter sent this week.
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Date: Thursday, 19 Nov 2009 15:17
Reuters - AOL plans to cut one-third of its workforce, or about 2,500 jobs, in an effort to trim some $300 million in annual costs as part of the Internet company's planned spin-off from Time Warner Inc.
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Date: Thursday, 19 Nov 2009 15:12

U.S. flags hang on the facade of the New York Stock Exchange, October 8, 2009. REUTERS/Chip EastReuters - The Nasdaq slid nearly 2 percent on Thursday as technology shares wilted after a bearish brokerage view on the semiconductor sector.


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Date: Thursday, 19 Nov 2009 15:05
AP - More than 14 percent of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of September, a record-high for the ninth straight quarter and a problem that could threaten the economic recovery.
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Date: Thursday, 19 Nov 2009 15:02
Reuters - A gauge of the U.S. economy's prospects rose for a seventh straight month in October to a two-year high, a private research group said on Thursday, indicating the recovery was becoming entrenched.
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Date: Thursday, 19 Nov 2009 15:01
Reuters - U.S. mortgage delinquency rates and the percentage of loans that entered the foreclosure process jumped in the third quarter, with both reaching record highs, the Mortgage Bankers Association said on Thursday.
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Date: Thursday, 19 Nov 2009 14:05

U.S. consumer prices rose more than expected in October, chiefly from increases in energy and motor vehicle costs, according to government data on Wednesday that showed the economy may have to confront some inflation threats during its recovery from the worst recession in 70 years. REUTERS/GraphicReuters - The number of U.S. workers filing new applications for jobless insurance was unchanged last week, according to government data on Thursday that showed the labor market was slowly healing.


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Date: Thursday, 19 Nov 2009 13:49

Sony Corporation Chairman and Chief Executive Officer Howard Stringer speaks at a news conference in Tokyo November 19, 2009. REUTERS/Kim Kyung-HoonReuters - Sony Corp (6758.T) said it would launch 3D TVs and networked products and services to unleash its potential as an electronics and entertainment giant and reverse its fortunes as it heads for a second straight annual loss.


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Date: Thursday, 19 Nov 2009 13:14
Reuters - Williams-Sonoma Inc posted a higher-than-expected quarterly profit and raised its full-year outlook on Thursday as the home-goods retailer's cost-cutting and merchandising efforts bore fruit.
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Date: Thursday, 19 Nov 2009 06:14

A Malaysian woman talks on a mobile phone at a Maxis exhibition booth in Kuala Lumpur on November 19. The country's top mobile operator has made a strong return to the bourse in Southeast Asia's biggest ever IPO worth 3.3 billion dollars.(AFP/Kamarul Akhir)AFP - Malaysia's top mobile operator, Maxis, made a strong return to the bourse Thursday in Southeast Asia's biggest ever IPO worth 3.3 billion dollars.


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Date: Wednesday, 18 Nov 2009 02:01
Reuters - A key U.S. congressional panel moved toward toughening a plan for dealing with "too big to fail" financial firms on Tuesday, while rejecting a Republican alternative that is expected to reappear later.
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Date: Wednesday, 18 Nov 2009 01:59

Investors play cards in front of an electronic screen showing stock information at a brokerage house in Taiyuan, Shanxi province, November 16, 2009. REUTERS/StringerReuters - Gold hit another all-time high on Wednesday on worries about future inflation and economic uncertainties, while Asian stocks rebounded as the generally bearish dollar kept riskier assets in demand.


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