Markets
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Horsemeat lasagna recalled in SwedenFeb 08, 2013 12:23 pm - STOCKHOLM — Frozen-food company Findus is recalling beef lasagna meals in Sweden after tests confirmed the products contained horsemeat. The move follows a similar recal...
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Oil rises after China trade exceeds expectationsFeb 08, 2013 5:25 am - BANGKOK — Oil prices rose Friday after China reported better-than-expected monthly trade data, a sign that its economic recovery is gaining traction. Benchmark oil for M...
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Stocks retreat as Europe, earnings weighFeb 07, 2013 3:49 pm - NEW YORK — Stocks slumped on Wall Street Thursday, and the rally which has pushed indexes close to record levels stalled. The Dow Jones industrial average fell 42 point...
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Oil prices close to $97 ahead of ECB meetingFeb 07, 2013 5:32 am - The price of oil inched up to near $97 a barrel on Thursday, as markets awaited the outcome of a European Central Bank policy meeting and a report on U.S. jobless claims...
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European stocks up, but Nikkei retreats from highsFeb 07, 2013 5:29 am - LONDON — European stock indexes rose on Thursday, despite a retreat in many Asian markets, ahead of a policy meeting by the European Central Bank and amid mostly upbeat ...
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Visa’s fiscal 1Q net income jumps 25%Feb 06, 2013 3:49 pm - LOS ANGELES — Visa’s profit jumped 25 percent in the last three months of 2012 as consumers hit stores for the holidays, using their credit cards and debit cards more of...
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Stocks little changed as earnings fail to inspireFeb 06, 2013 2:48 pm - NEW YORK — Stocks were flat on Wall Street as the latest round of earnings reports failed to give investors an impetus to push the market’s recent rally forward. The Do...
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Oil steady in Asia after clawing back lossesFeb 06, 2013 5:38 am - BANGKOK — The price of oil was little changed Wednesday, underpinned by gradual improvement in the U.S and European economies. Benchmark crude for March delivery was up ...
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Japan’s Nikkei market standout with 3.8 pct surgeFeb 06, 2013 5:29 am - LONDON — Japan’s Nikkei’s was the stock market standout Wednesday, surging to its highest level since Sept. 2008 as the yen slid to a three-year low against the dollar o...
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Stocks rebound on home prices, earnings; Dow up 99Feb 05, 2013 3:17 pm - NEW YORK — The stock market bounced back Tuesday following a surge in U.S. home prices and signs of recovery in Europe’s economy. Strong earnings reports also helped pow...