Markets
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Apple shareholder drops lawsuit on preferred stockMar 01, 2013 12:36 pm - SAN FRANCISCO — A disgruntled shareholder pressing Apple to create a new class of preferred stock has dropped a lawsuit that became a moot point after the iPhone and iPa...
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Stocks waver on Wall Street as cuts loomMar 01, 2013 9:58 am - NEW YORK — Stocks turned mixed Friday, erasing an early loss, after a report showed a rise in U.S. manufacturing activity. The Dow Jones industrial average inched up 13...
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Global stocks slip as US budget impasse loomsMar 01, 2013 5:02 am - AMSTERDAM — Global stocks mostly fell Friday as investors grew wary over the prospect of impending spending cuts by the U.S. government. Some $85 billion in cuts are du...
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Ford to sell cars, trucks in MyanmarFeb 28, 2013 8:41 pm - YANGON, Myanmar — Ford Motor Co. has signed a deal to distribute cars and pickup trucks in Myanmar, the head of Ford’s local partner said. The automaker’s first showroom...
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Facebook buying Atlas ad business from MicrosoftFeb 28, 2013 4:57 pm - SAN FRANCISCO — Facebook is buying a set of online advertising tools called Atlas from Microsoft in its latest attempt to build a more effective marketing system around ...
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Dow edges near record, then sputters; stocks downFeb 28, 2013 3:12 pm - NEW YORK — It came oh so close. The Dow Jones industrial average came within 15 points of its all-time high Thursday afternoon. But the momentum petered out, and the Do...
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Penney’s shares plunge after 4Q massive lossFeb 28, 2013 9:39 am - NEW YORK — Shares of J.C. Penney Co. plunged a day after the department-store chain reported massive losses and a nearly 30 percent drop in revenue in its fiscal fourth-...
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After 2 days of big gains, stocks turn mixedFeb 28, 2013 9:39 am - NEW YORK — The stock market on Thursday plodded rather than soared, flicking between small ups and downs after two days of triple-digit gains. Big-name companies reporte...
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Asia stocks rise on growth hopes, BOJ pickFeb 28, 2013 5:04 am - SEOUL, South Korea — Asian stock markets rose Thursday as positive economic indicators and the nomination of a pro-stimulus Bank of Japan chief bolstered hopes for faste...
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Penney posts 4th straight big lossFeb 27, 2013 6:22 pm - NEW YORK — Boy, it just wasn’t J.C. Penney’s year. The mid-priced department store chain reported another much larger-than-expected loss in the fiscal fourth quarter on...