Markets
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Fund investors may face a bigger tax bill for 2013Oct 27, 2013 6:25 am - NEW YORK — Ah, late October, when the holiday season is on the horizon. Hot cider. Dropping temperatures. And taxes? April 15 is still a ways away, but it’s not too ear...
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Jack Daniel’s in legal fight over bottle designsOct 25, 2013 6:14 pm - LOUISVILLE, Ky. — A white whiskey named for a famed Appalachian moonshiner started out being sold in Mason jars, to honor its roguish roots, but switched to square-shape...
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FDA panel backs Gilead Sciences’ hepatitis C drugOct 25, 2013 4:56 pm - WASHINGTON — Food and Drug Administration advisers have unanimously voted in favor of a highly anticipated hepatitis C drug from Gilead Sciences that holds promise for m...
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FDA approves more powerful, pure hydrocodone drugOct 25, 2013 4:55 pm - WASHINGTON — The Food and Drug Administration has approved a stronger, single-ingredient version of the painkiller hydrocodone, the widely-abused prescription medicine f...
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Tech stocks lead markets higherOct 25, 2013 3:55 pm - NEW YORK — Strong third-quarter results from technology companies drove investors into stocks on Friday, giving the market its third straight weekly gain. After reportin...
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S&P 500 index falls after 4 days of record closesOct 23, 2013 4:58 pm - NEW YORK — A four-day streak of record closes ended for the Standard & Poor’s 500 index Wednesday after Caterpillar reported weak earnings and falling oil prices hurt en...
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Fed stimulus hopes lift S&P 500 to another recordOct 22, 2013 4:55 pm - NEW YORK — The prospect of more economic stimulus from the Federal Reserve pushed the Standard & Poor’s 500 index to a fourth consecutive record close Tuesday. Investors...
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S&P 500 ekes out a small gain to set a new recordOct 21, 2013 4:48 pm - NEW YORK — The Standard & Poor’s 500 index eked out the smallest of gains to set a record high Monday as investors assessed third-quarter earnings news. Earnings will ho...
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Low interest rates to keep income funds in demandOct 20, 2013 6:39 am - Interest rates are unlikely to rise anytime soon. A 16-day partial government shutdown that ended Thursday knocked consumer confidence. All told, it took about $24 billi...
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Washington can’t seem to make markets nervousOct 20, 2013 6:11 am - The markets shuddered slightly as the debt ceiling neared. The yield on short-term Treasurys rose tenfold. Fidelity Investments sold off its short-term government debt. ...