Markets
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World’s richest gain $7 billion as Buffett reclaims 3rd placeAug 11, 2012 1:46 pm - The 40 richest people on the planet added $7.2 billion to their collective net worth this week as Warren Buffett and Amancio Ortega dueled for the title of world’s third...
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Saudi shares rise to highest level since MayAug 11, 2012 1:45 pm - Shares in Saudi Arabia, the Arab world’s biggest stock market, climbed to their highest since late May on valuations and optimism in the U.S. Etihad Etisalat Co., a Saud...
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Grain harvest estimates drop amid deepening droughtAug 10, 2012 5:39 pm - ST. LOUIS — A deepening drought in the nation’s farm states has cut further into this fall’s harvest, with farmers now expected to pull from their fields the lowest corn...
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Apple sold 8.3 million iPhones in 3QAug 10, 2012 5:05 pm - Apple Inc., the world’s largest technology company, sold 8.34 million iPhones in the U.S. in its most recent quarter, according to a court filing in its trial against Sa...
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Wishy-washy stock market ends slightly higherAug 10, 2012 4:23 pm - NEW YORK — The market had a wishy-washy Friday, capping an equally directionless week. Stocks inched down for most of the day. Then, with 45 minutes of trading left, the...
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Manchester United edge up in IPOAug 10, 2012 10:58 am - NEW YORK — Shares of soccer club Manchester United made their public debut Friday, edging up slightly as shareholders’ enthusiasm for the celebrated team was offset by w...
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Stock market is ending the week on a sour noteAug 10, 2012 10:58 am - NEW YORK — After months of worrying about Europe, now investors are getting concerned about Asia too. U.S. stocks moved lower Friday morning following unsettling report...
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Gasoline averages $3.66, more costly than year agoAug 10, 2012 6:37 am - For the first time since late April, the average price of gasoline is higher than it was a year ago. Drivers are now paying an average of $3.66 per gallon, a penny more...
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World stocks fall as China trade growth slidesAug 10, 2012 6:33 am - BANGKOK — World stock markets tumbled Friday as investors withdrew from riskier assets after China’s trade suffered a steeper-than-expected slowdown. The figures, which ...
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Stocks waver; signs on the economy hard to readAug 09, 2012 9:58 am - NEW YORK — The stock market has the summer doldrums. U.S. stocks dawdled between small gains and losses Thursday with investors unable to decide what to focus on: incre...