Tuesday, November 23, 2010

Google Alert - finance

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Economy in US Grew 2.5% in Third Quarter, Revised From 2%
Bloomberg
By Courtney Schlisserman - Tue Nov 23 13:51:19 GMT 2010 Nov. 23 (Bloomberg) -- The US economy grew at a 2.5 percent annual rate in the third quarter, more than previously calculated, as companies increased shipments abroad and Americans boosted their ...
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North Korea's 'Belligerent' Bombing of South Rebuked
Bloomberg
By Jonathan Tirone - Tue Nov 23 14:22:30 GMT 2010 North Korea's attack on a civilian- populated South Korean island near their disputed border drew rebukes from the US and European governments along with warnings that the exchange of artillery fire ...
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Sales of Existing Houses Dropped More Than Forecast in October
Bloomberg
By Timothy R. Homan - Tue Nov 23 15:01:32 GMT 2010 Sales of existing homes fell more than forecast in October as foreclosure moratoriums and a lack of credit disrupted the US housing market. Purchases decreased 2.2 percent to a 4.43 million annual rate ...
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FOCUS: Irish Government Faces Uphill Battle To Pass Budget
Wall Street Journal
DUBLIN (Dow Jones)--Ireland's crumbling Fianna Fail-led coalition government is on the verge of losing its parliamentary majority, but it must still forge ahead with the publication of its four-year budget plan on Wednesday while also trying to ...
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Prince Alwaleed Invests $500 Million in GM
Wall Street Journal
By SUMMER SAID RIYADH, Saudi Arabia—Kingdom Holding Co. said the investment firm and its chairman, Saudi Arabian billionaire Prince Alwaleed Bin Talal, invested $500 million in General Motors Co.'s recent initial public offering. ...
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Dynegy Scraps Takeover by Blackstone, Seeks Other Bids
Bloomberg
By Jim Polson and Noah Buhayar - Tue Nov 23 13:47:58 GMT 2010 The Blackstone bid was opposed by billionaire investor Carl Icahn and hedge fund Seneca Capital, the two largest shareholders of Houston-based Dynegy, who said the company was worth more. ...
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Hormel Net Rises 17%, Gives Strong View
Wall Street Journal
By TESS STYNES Hormel Foods Corp.'s earnings increased 17% as the food-processing company reported growth at its refrigerated foods and Jennie-O turkey businesses. The results beat analysts' expectations and Hormel earnings for the new year of $3.10 to ...
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