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Image for Stocks rally as jobs data spurs optimism

Stocks rally as jobs data spurs optimism

Reuters - Wall Street closed a stellar week on Friday after recent economic data, including a stronger-than-expected labor market report, bolstered optimism that the economy would not fall back into recession.
Fri, 03 Sep 2010 20:43:39 GMT
Image for Taxpayers likely to face initial loss on GM IPO: sources

Taxpayers likely to face initial loss on GM IPO: sources

Reuters - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.
Fri, 03 Sep 2010 23:33:47 GMT
Image for China tells state companies to explore Potash bid

China tells state companies to explore Potash bid

Reuters - Chinese officials have ordered state companies to meet investment bankers to explore ways to block BHP Billiton's $39 billion bid for Potash Corp, a source with direct knowledge of the matter said.
Sat, 04 Sep 2010 03:09:42 GMT

Japan Noda warns on yen, suggests joint steps difficult

Reuters - Japanese Finance Minister Yoshihiko Noda said on Saturday Tokyo would take decisive steps to stem the yen's rise when needed, while suggesting that coordinated currency market intervention was a difficult option.
Sat, 04 Sep 2010 03:50:28 GMT
Image for Payrolls data offer ray of hope for recovery

Payrolls data offer ray of hope for recovery

Reuters - U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring was a positive surprise, relieving concerns about a stalling economic recovery.
Fri, 03 Sep 2010 23:24:16 GMT
Image for European stocks drop before ECB rate call

European stocks drop before ECB rate call

AFP - European stock markets slid on Thursday as investors took profits from recent gains amid caution before the latest interest rate decision from the European Central Bank.
Thu, 02 Sep 2010 11:02:55 GMT
Image for Service sector grows at slower pace in August

Service sector grows at slower pace in August

The U.S. service sector, the nation's predominant job generator, expanded for the eighth straight month in August although the pace of growth slowed, according to a trade group survey.
Fri, 03 Sep 2010 15:49:54 GMT
Image for Campbell reports Q4 profit rise on better margins

Campbell reports Q4 profit rise on better margins

Summer is rarely a hot sales season for Campbell Soup Co., and this year's sweltering June and July made that even more true, but the company said Friday that cost-cutting and strong drink sales helped its net income climb.
Fri, 03 Sep 2010 20:48:36 GMT
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