Markets
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Oil hovers below $105 in light May Day tradingMay 01, 2012 6:34 am - LONDON — Oil prices hovered below $105 a barrel Tuesday for a second day amid light trading volume because of the May Day holiday. Benchmark oil for June delivery was do...
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Weak slip on Wall Street as Spain enters recessionApr 30, 2012 10:59 am - Associated Press NEW YORK — Stocks fell on Wall Street Monday morning on news that Spain’s economy entered another recession, renewing worries about the fragility of Eur...
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U.S. stock futures dip ahead of consumer spendingApr 30, 2012 7:58 am - NEW YORK — U.S. stock market futures are sliding ahead of March consumer spending data. Dow Jones industrial average futures are down 0.17 percent at 13,141. Standard & ...
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Oil drops to near $104 on global growth concernsApr 30, 2012 6:58 am - LONDON — Oil prices fell toward $104 a barrel Monday on expectations that slowing economic growth in the U.S. and China and ongoing debt problems in Europe will undermin...
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Mutual fund fees declined in 2011, studies findApr 28, 2012 11:00 pm - BOSTON — Mutual fund fees fell slightly last year, driven in part by demand for low-cost funds. That's good news for investors, because fees cut into fund investment per...
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China and Russia sign contracts worth $15 billionApr 28, 2012 1:53 pm - MOSCOW — Chinese Vice Premier Li Keqiang has announced the signing of contracts between China and Russia worth a total of $15 billion. Speaking at a trade and investment...
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Dow regains ground it lost in AprilApr 27, 2012 4:21 pm - NEW YORK — It took a while, but the Dow Jones industrial average finally gained back all its losses for the month. On a day of conflicting signals, as investors weighed ...
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Boeing wins $6 billion 777 order from China EasternApr 27, 2012 3:25 pm - Boeing Co. reached an agreement to sell 20 long-range 777 jets, the planemaker’s most-profitable model, to China Eastern Airlines Corp. in a deal with a list value of ab...
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Sealy debt shows private equity shortcomingsApr 27, 2012 12:10 am - Bloomberg News Sealy Corp. and Tempur-Pedic International Inc. are mattress makers that were backed by private-equity firms. The similarities pretty much end there. Temp...
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PetroChina profit rises on higher oil, gas pricesApr 27, 2012 12:09 am - Associated Press SHANGHAI — China’s biggest oil and gas company PetroChina said its first quarter net profit rose 5.8 percent as rising crude oil and natural gas prices ...