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- Retail outlook worst since early 1990s
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LONDON (Reuters) - The next 12 months are likely to be the slowest period for retailers since the early 1990s, researchers Experian said on Friday.
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Original Source: feeds.reuters.com
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31 July, 2008| massmedia |
Comments (0) @ 16:04
- EDF not bidding for British Energy
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PARIS (Reuters) - French power giant EDF early on Friday quashed speculation of a bid for British Energy , saying conditions were not right for a large venture.
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Original Source: feeds.reuters.com
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31 July, 2008| massmedia |
Comments (0) @ 16:03
- Bristol offers to buy ImClone
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NEW YORK (Reuters) - Bristol-Myers Squibb has offered to buy ImClone Systems Inc for $60 a share, valuing its biotech partner at $5.2 billion (2.6 billion pounds) in a deal to strengthen its grip on the fast-growing Erbitux cancer drug.
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Original Source: feeds.reuters.com
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31 July, 2008| massmedia |
Comments (0) @ 15:21
- Bristol offers to buy ImClone for $60 a share
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NEW YORK (Reuters) - Bristol-Myers Squibb Co has offered to buy ImClone Systems Inc for $60 a share, valuing its biotech partner at $5.2 billion (2.6 billion pounds) in a deal to strengthen its grip on the fast-growing Erbitux cancer drug.
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Original Source: feeds.reuters.com
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31 July, 2008| massmedia |
Comments (0) @ 15:03
- Jobs Are The Thing
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U.S. economy grows slowly, but pink slips gain speed….
Original Source: www.forbes.com
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31 July, 2008| massmedia |
Comments (0) @ 14:20
- Oil company profits soar
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LONDON/NEW YORK (Reuters) - Exxon Mobil broke its own record for the highest-ever quarterly profit for a U.S. company on Thursday, joining other major oil companies in posting stronger earnings on the back of sky-high oil prices.
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Original Source: feeds.reuters.com
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31 July, 2008| massmedia |
Comments (0) @ 14:18
- British hedge fund invests in WaMu and Sovereign
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NEW YORK (Reuters) - An activist British hedge fund has taken a 6 percent stake in Washington Mutual as the largest U.S. savings and loan tries to rebound from billions of dollars of mortgage-related losses.
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Original Source: feeds.reuters.com
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31 July, 2008| massmedia |
Comments (0) @ 13:57
- Wall Street woes boost therapists’ business
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NEW YORK (Reuters) - Wall Street is reeling from losses, and bankers are fearful of losing bonuses at best and jobs at worst. But while New York braces for the economic fallout, one group is benefiting — psychotherapists.
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Original Source: feeds.reuters.com
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31 July, 2008| massmedia |
Comments (0) @ 13:38
- Oil caps biggest monthly loss since ‘04
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NEW YORK (Reuters) - Oil prices fell more than 2 percent on Thursday, capping the market’s worst month in more than three years, as weak U.S. economic data reinforced worries about shrinking demand in the world’s top energy consumer.
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Original Source: feeds.reuters.com
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31 July, 2008| massmedia |
Comments (0) @ 13:32
- Protection For All
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The SEC needs to protect all companies from the vagaries of naked short-selling, not just the biggest or most important….
Original Source: www.forbes.com
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31 July, 2008| massmedia |
Comments (0) @ 13:04
- GM talks with Mahindra
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NEW YORK (Reuters) - General Motors is in talks with Indian automaker Mahindra & Mahindra and automakers in Russia and China about selling its Hummer brand, sources familiar with the matter said.
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Original Source: feeds.reuters.com
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31 July, 2008| massmedia |
Comments (0) @ 12:50
- Oil drops 2 pct after weak U.S. jobs data
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NEW YORK (Reuters) - Oil prices fell more than two percent on Thursday as weak U.S. economic data reinforced worries about shrinking fuel demand in the world’s top energy consumer.
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Original Source: feeds.reuters.com
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31 July, 2008| massmedia |
Comments (0) @ 12:39
- Mass. Auction Rate Suit: Deja Vu All Over Again
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Massachusetts and other states charge that investors were sold securities that analysts had doubts about. Sounds familiar….
Original Source: www.forbes.com
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31 July, 2008| massmedia |
Comments (0) @ 11:55
- Oil company profits soar on record prices
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LONDON/NEW YORK (Reuters) - Exxon Mobil broke its own record for the highest-ever quarterly profit for a U.S. company on Thursday, joining other major oil companies in posting stronger earnings on the back of sky-high oil prices.
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Original Source: feeds.reuters.com
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31 July, 2008| massmedia |
Comments (0) @ 11:11
- BP CEO meets TNK-BP shareholder Fridman
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MOSCOW (Reuters) - BP Chief Executive Tony Hayward met TNK-BP shareholder Mikhail Fridman on Wednesday to discuss a dispute over the Russian venture, kicking off a round of intensive talks over its future, sources said on Thursday.
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Original Source: feeds.reuters.com
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31 July, 2008| massmedia |
Comments (0) @ 11:03
- Shelter from the mortgage market blues
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LONDON (Citywire) - Good news for homebuyers looking for long term stability and security. The number of long-term fixed rate mortgages on offer has doubled, offering much wider choice as borrowers make the flight to safety in the face of rising inflation.
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Original Source: feeds.reuters.com
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31 July, 2008| massmedia |
Comments (0) @ 10:07
- HSBC says KEB deadline passes
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SEOUL (Reuters) - Europe’s biggest bank HSBC said it did not receive regulatory approval to buy a majority stake in Korea Exchange Bank by a deadline on Thursday, but is expected to stand firm on the $6.3 billion (3.2 billion pounds) deal.
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Original Source: feeds.reuters.com
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31 July, 2008| massmedia |
Comments (0) @ 9:41
- HSBC will declare KEB plans "when appropriate"
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LONDON (Reuters) - Bank HSBC said it did not receive regulatory approval to buy a majority stake in Korea Exchange Bank by a deadline on Thursday, and it would make a statement on its plans “when appropriate”.
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Original Source: feeds.reuters.com
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31 July, 2008| massmedia |
Comments (0) @ 9:31
- EDF to unveil British Energy takeover
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LONDON/PARIS (Reuters) - EDF is expected to confirm a 12 billion pound agreed deal to buy nuclear operator British Energy by Friday morning, industry sources said.
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Original Source: feeds.reuters.com
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31 July, 2008| massmedia |
Comments (0) @ 9:28
- Centrica defends steep hike in gas prices
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LONDON (Reuters) - British Gas-owner Centrica said on Thursday it had been “absolutely necessary” to raise household gas prices as first half operating profit fell nearly 20 percent to 992 million pounds.
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Original Source: feeds.reuters.com
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31 July, 2008| massmedia |
Comments (0) @ 9:21