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Home sales bump, earnings send stock market higher
NEW YORK (AP) — On a day that brought both good and bad news about the economy, investors chose to see the glass as half-full. U.S. stocks edged higher Thursday, pushed up by a batch of bright earnings reports and encouraging news about home sales....
Tags: Money and Monetary Policy, Homes, Aetna Inc., Greece, Companies and Corporations
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Global shares grind higher, gold pauses from big losing streak
ReutersNEW YORK (Reuters) - Global equity markets rose on Monday as investors sought better returns in stocks, while uncertainty over the Federal Reserve's stimulus program caused gold to pause from its longest losing streak in four years. Despite major U.S....Tags: New Zealand, Labor Day, Microsoft Corporation, Computing and Information Technology Industry, Exports
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Big 5 bets on smaller, easily accessible stores
Sometimes smaller is better. That's the philosophy of Big 5 Sporting Goods Corp., which owns 415 sporting-goods stores in 12 states, about half of them in California. The El Segundo company believes that operating a large number of easily accessible,...
Tags: Interior Policy, Politics, Firearms, Marketing, Auto Trends
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Restraint is the new red in China
BEIJING — Exports of elegant Swiss watches to China have plunged. Sales of Mercedes-Benz and other premium sedans are slowing. And high-end restaurants, coming off their worst Chinese New Year festival in years, are starting to change their menus to...
Tags: Luxury Vehicles, Beijing (China), Political Corruption, Politics, Chinese Restaurants
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China deal ends distraction, but not questions, for Caterpillar
ReutersCHICAGO (Reuters) - Caterpillar Inc's deal to cut the purchase price of a Chinese mining-equipment maker it bought last year ends an embarrassing episode that overshadowed the company's effort to expand in China and distracted its executives for months....Tags: Metal and Mineral, Shareholders, Baseball, Companies and Corporations, Litigation
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Wal-Mart U.S. sales weak; outlook below analysts' forecast
Reuters(Reuters) - Wal-Mart Stores Inc posted weaker-than-expected quarterly earnings on Thursday due to poor U.S. sales and said its profit for this quarter might also miss Wall Street's forecast. Everything from pressure on shoppers to a cool start to...Tags: Taxation, Wal-Mart Stores, Inc., Economy, Business and Finance, Politics, Corporate Crime
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GLOBAL MARKETS-Stocks slip, dollar gains on Fed policy remarks
Reuters* Dollar recovers after president of San Francisco Fed speaks * Wall Street drops further but Cisco surges on earnings * Bond prices rise on poor U.S. economic data * Brent oil settles slightly higher By Herbert Lash NEW YORK, May 16 (Reuters) -...Tags: Money and Monetary Policy, Commodity Markets, Environmental Issues, Stock Market, Economy, Business and Finance
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Autodesk cuts full-year revenue forecast, shares fall
Reuters(Reuters) - Autodesk Inc's first-quarter results missed market expectations on sales declines in the Americas and emerging markets, prompting the maker of AutoCAD design software to cut its full-year revenue forecast. Shares of the company fell 5 percent...Tags: Parametric Technology Corporation, Computing and Information Technology Industry, Companies and Corporations, Earnings Forecasts, Economy, Business and Finance
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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: Electronics, Companies and Corporations, Movies, Economy, Business and Finance, Earnings
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US high-grade bond market tone subdued after Merck jumbo trade
ReutersBy John Balassi NEW YORK, May 16 (IFR) - Market tone is relatively muted early on Thursday, despite the surprisingly better-than-expected first quarter GDP print from Japan that showed that the governments new inflation policies are beginning to kick in....Tags: Money and Monetary Policy, Economic Indicator, Wal-Mart Stores, Inc., Economy, Business and Finance, Politics
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WRAPUP 1-Data raises questions about strength of U.S. economy
Reuters* U.S. claims rise sharply in latest week * Housing starts drop more than expected in April * Inflation data points to softer demand in economy By Jason Lange WASHINGTON, May 16 (Reuters) - The U.S. economy showed worrisome signs as jobless claims rose...Tags: Money and Monetary Policy, Economic Indicator, Economy, Business and Finance, Market and Exchange, Central Bank
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Wal-Mart reports weak 1st-quarter sales, blames weather, tax issues
Wal-Mart Stores Inc. reported slight upticks in revenue and profit in its first quarter, but the retail behemoth still missed Wall Street’s expectations and watched its stock suffer in morning trading. The Bentonville, Ark., mega-chain blamed...
Tags: Wal-Mart Stores, Inc., Earnings Forecasts, Companies and Corporations, Economy, Business and Finance, Weather
Apr 26, 2012
|Story| AP Broadcast
May 20, 2013
|Story| Reuters
May 20, 2013
|Story| Los Angeles Times
May 19, 2013
|Story| Los Angeles Times
May 17, 2013
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May 16, 2013
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May 16, 2013
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May 16, 2013
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May 16, 2013
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May 16, 2013
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May 16, 2013
|Story| Los Angeles Times
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