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CORRECTED-CANADA STOCKS-TSX may open higher
Reuters(Corrects headline to add that the market may open higher) May 17 (Reuters) - Canada's main stock index looked set to open higher, although gains might be capped after San Francisco Federal Reserve Bank President John Williams hinted the U.S. central...Tags: CAE Incorporated, Central Bank, Computing and Information Technology Industry, Carl Icahn, Dell Inc.
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Lower income shoppers still feeling pinched, U.S. retailers say
ReutersNEW YORK/CHICAGO (Reuters) - Cooler than usual weather and belt-tightening by shoppers still struggling with higher payroll taxes and stubborn unemployment dampened sales last quarter at chains from Macy's Inc to Wal-Mart Stores Inc. Wal-Mart reported...Tags: Walmart, Macy's, Inc., Groceries, Tools and Hardware, Wal-Mart Stores, Inc.
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PREVIEW-Clearwire investors aim to force Sprint to sweeten bid
Reuters* Clearwire shareholders to vote on Sprint buyout May 21 * Investors holding 31 pct of minority shares against deal * Sprint under pressure to raise bid By Sinead Carew NEW YORK, May 17 (Reuters) - Minority shareholders of Clearwire Corp are...Tags: Intel Corp., Auction Service, Financially Distressed Companies, Elections, Economy, Business and Finance
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Mason heading to San Francisco
Groupon co-founder and former Chief Executive Andrew Mason is heading to San Francisco to work with entrepreneurs and launch a new company. The former CEO announced on his personal blog Thursday that he's "accumulated a backlog of ideas over the last...Tags: Groupon, Inc., Foods and Beverages, Corporate Officers, Eric Lefkofsky, Music
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Fiat weighs shifting its HQ to the U.S.
Fiat, the century-old Italian automaker, appears poised to move its headquarters to the U.S. after its planned merger with Chrysler Group. The move would be unprecedented in the automotive industry, experts said, because of Fiat's deep roots. "To...
Tags: University of Michigan, Intel Corp., Sergio Marchionne, Patents, Copyrights and Trademarks, Rick Snyder
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Wal-Mart, Gap skirt the issue
If the horrific garment factory collapse last month in Bangladesh has any silver lining, it is the response from more than 30 of the world's leading apparel companies — including Benetton, PVH, Abercrombie & Fitch, H&M, Inditex (Zara), Marks &...
Tags: Crime, Law and Justice, Arbitration, Walmart, Health and Safety at Work, University of California, Irvine
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Penney CEO says company needs time to climb out of 'abyss'
Reuters(Reuters) - J.C. Penney Co Inc Chief Executive Myron Ullman told Wall Street on Thursday that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer. Penney reported another steep...Tags: Ron Johnson, Macy's, Inc., Mother's Day, New Products, Economy, Business and Finance
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Schwab reverses ban on client class-action lawsuits
Reuters(Reuters) - Charles Schwab Corp has temporarily reversed its requirement that clients waive their right to bring class-action lawsuits, adding a new twist in a battle closely watched by the securities industry and plaintiffs' attorneys. "Effective...Tags: Annual and Special Corporate Meetings, Crime, Law and Justice, Arbitration, E*TRADE Financial Corp., U.S. Securities and Exchange Commission
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Kohl's expects sales to pick up
Reuters(Reuters) - Kohl's Corp said on Thursday it expects sales to rebound in the current quarter after bad weather in early spring hurt business at the department store chain. The retailer also reported a better-than-expected first-quarter profit, helped by...Tags: Weather, Auto Trends, Macy's, Inc., Stock Market, Edward Jones
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Car Promises That Weren't Kept
KickingTiresEver wonder what happened to events in the auto industry that were supposed to occur but didn't? You might have seen a news story on a site like ours of a promise by an automaker that sounded legitimate with lots......Tags: Dodge, Auto Shows, Ford, Elan Corporation Plc, GMC
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MGM posts strong first quarter results on "Skyfall," "Hobbit"
Buoyed by the billion-dollar box-office blockbusters “Skyfall” and “The Hobbit: An Unexpected Journey,” MGM Holdings Inc., the parent of Metro-Goldwyn-Mayer Inc., posted first-quarter net income of $57.4 million. That was more...
Tags: The Hollywood Reporter, Gary Barber, MGM Inc., Sony Corp., Skyfall (movie)
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J.C. Penney sales, earnings plunge in 1Q
J.C. Penney Co. on Thursday said that total sales and same-store sales posted double-digit declines in the first quarter, as the struggling retailer forecast last week. Its operating margins plunged in the on the weak sales and heavy clearance deals, as...
Tags: Ron Johnson, Macy's, Inc., Corporate Officers, JC Penney Company Inc., Mother's Day
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Chicago Tribune
May 17, 2013
|Story| Los Angeles Times
May 17, 2013
|Story| Los Angeles Times
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Blog| Cars.com
May 16, 2013
|Story| Los Angeles Times
May 16, 2013
|Story| Chicago Tribune
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