Wednesday, April 10, 2013

Stocks gain led by materials companies

NEW YORK (AP) — Stocks climbed on Wall Street, led by materials and energy companies after a rally in commodity

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Stocks edge higher as earnings start

NEW YORK (AP) — Stocks rose modestly Tuesday as traders lacked a catalyst to push the market higher following a strong start to the

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Tuesday, April 9, 2013

Yen stays weak, Asian shares rise on U.S. earnings

By Chikako Mogi TOKYO (Reuters) - The yen fell to fresh multi-year lows and Japanese stocks touched near five-year highs on Tuesday as effects of the Bank of Japan's aggressive reflationary

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Asian shares rise on U.S. earnings

By Chikako Mogi TOKYO (Reuters) - The yen fell to fresh multi-year lows and Japanese stocks extended gains on Tuesday as effects of the Bank of Japan's aggressive reflationary campaign

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Sunday, April 7, 2013

Pension underfunding grows despite U.S. market rally: study

By David Randall NEW YORK (Reuters) - The gap between what major corporations will owe retired workers and how much they have put aside grew last year despite a strong stock market rally, according

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Wall Street Week Ahead: Earnings next hurdle for bulls as rally slows

By Rodrigo Campos NEW YORK (Reuters) - The stock market's robust rally was slowing even before Friday's jobs report, but the red flag sent up by the weak payrolls data makes the path to

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Friday, April 5, 2013

Stocks pare losses after jobs report disappoints

NEW YORK (AP) — Stocks fell on Wall Street Friday after the government reported that U.S. employers added the fewest jobs in nine months in March and more people gave up looking for work. The

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S&P keeps UK at AAA, warns of future rating risk

LONDON (AP) — Standard & Poor's rating agency says Britain's cherished AAA long-term credit rating will stay for now — but warned there was still a chance of a downgrade if the economy

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U.S. trade deficit narrows in February as crude oil imports drop

WASHINGTON (Reuters) - The U.S. trade gap narrowed unexpectedly in February as crude oil imports fell to their lowest level since March 1996 and overall exports increased slightly, a Commerce

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South Korea warns of prolonged North Korea impact on markets

By Choonsik Yoo SEOUL (Reuters) - South Korea's top finance officials warned on Friday that tensions with North Korea could have a prolonged impact on markets and vowed to ensure stability, as

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Thursday, April 4, 2013

Stocks edge higher after Wednesday's drop

NEW YORK (AP) — Stocks edged higher in early trading on Wall Street Thursday, paring some of their losses from the day

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Wall Street rises on supportive central banks

By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks rose on Thursday as robust action by the Bank of Japan and supportive remarks by U.S. officials indicated that equity markets would continue to be

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Wednesday, April 3, 2013

NEWSMAKER: U.S. Attorney Preet Bharara familiar with the limelight

By Joseph Ax NEW YORK (Reuters) - Manhattan U.S. Attorney Preet Bharara has proven adept with the media, landing on the cover of Time magazine and being named the latest "Sheriff of Wall

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RPT-Dubai developer Damac plans share listing - sources

(Repeats story originally issued on Tuesday with no changes totext) By Dinesh Nair and Praveen Menon DUBAI, April 2 (Reuters) - DAMAC Properties, aprivately-held Dubai developer, is considering

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Tuesday, April 2, 2013

Saudi Maaden shuts ammonia plant for two weeks of repairs

DUBAI, April 2 (Reuters) - Maaden Phosphate Company (MPC)shut its ammonia plant at Ras Al Khair on Monday for unscheduledrepairs which are expected to take about two weeks, SaudiArabian Mining

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Nasdaq to buy eSpeed platform for $750 mln

By John McCrank REUTERS - Nasdaq OMX Group Inc agreed to buy electronic Treasuries-trading platform eSpeed from BGC Partners Inc for $750 million in cash, providing the exchange operator an entry

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Monday, April 1, 2013

Infosys shares gain on Q4 earnings optimism

Reuters Market Eye - Shares in Infosys Ltd end up 1.9 percent on optimism about its January-March quarter earnings due on April 12, dealers say. In January, Infosys had unexpectedly raised its sales

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Panasonic unit in U.S. bribery investigation: WSJ

NEW YORK (Reuters) - A unit of Japan's Panasonic Corp is under investigation by U.S. authorities looking at whether the company paid bribes overseas to airline employees or government officials

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