Finance
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Buffett says he was ‘dead wrong’ on housing marketFeb 24, 2012 11:00 pm - OMAHA, Neb. — Billionaire investor Warren Buffett said Saturday that he was “dead wrong” with a prediction that the U.S. housing market would begin to recover by now, bu...
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Clearwire drops as Google plans stake saleFeb 23, 2012 11:00 pm - Clearwire Corp., the unprofitable wireless-broadband provider, fell the most in two months after Google Inc. said it plans to sell its stake in the company. Clearwire de...
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Oil jumps, S&P 500 surgesFeb 23, 2012 11:00 pm - Oil extended the longest rally in two years as tensions with Iran threatened supplies while signs of economic growth boosted the outlook for demand. The Standard & Poor’...
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Discover CEO gets 62 percent pay hikeFeb 23, 2012 11:00 pm - NEW YORK — Discover Financial Services Co. said Chairman and Chief Executive David Nelms received compensation valued at more than $13.8 million in fiscal 2011, a 62 per...
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Chicago’s Orbitz rises after Jefferies raises price targetFeb 23, 2012 11:00 pm - Orbitz Worldwide Inc., an online travel agent, rose the most in more than two months in New York trading after Jefferies & Co. raised its price target and 2012 earnings ...
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Coal India may have to revive importsFeb 22, 2012 11:00 pm - Coal India Ltd., the world’s biggest producer of the commodity, may revive plans to import the fuel to comply with Prime Minister Manmohan Singh’s order to increase supp...
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Ill-timed fight erupts over money-market fundsFeb 19, 2012 6:03 am - BOSTON — A fight is breaking out between the money-market mutual fund industry and federal regulators. Whatever the outcome, investors will question whether they can con...
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Manufacturers providing outsize boost to economyFeb 19, 2012 6:03 am - WASHINGTON — American factories are humming — and driving the economy forward. Manufacturers have been hiring more consistently than other employers, for jobs with bette...
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3 stock picks from top small-cap fund managersFeb 19, 2012 5:12 am - What are small-cap mutual fund managers investing in, now that stocks of smaller companies are outperforming those of larger ones? The Associated Press recently asked tw...
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Toronto building bubble may strain mortgagesFeb 19, 2012 5:12 am - A sliver of land wedged between Toronto’s elevated expressway and an off-ramp that pumps traffic into downtown may become the epicenter for a Canadian housing bubble. In...