Friday, December 3, 2010

Google Alert - finance

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Unemployment Rate Hits 9.8% Knocking Stocks Lower
Forbes
November's non-farm payroll numbers came as a disappointment to investors, with the US economy adding only 39000 jobs, compared to expectations of around 150000. Pre-market indicators for all three major indices were down as the unemployment rate edged ...
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Global markets fall after US unemployment nears 10%
Daily Mail
By Daily Mail Reporter New figures showed that employment barely grew in November and the jobless rate unexpectedly jumped to a seven-month high of 9.8 percent. The numbers indicate that the economic recovery remains weak 17 months after the recession ...
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Daily Mail
Madoff Trustee Picard Sues JPMorgan, Claims Bank Was `Blind' to the Fraud'
Bloomberg
By Bob Van Voris and Edvard Pettersson - Fri Dec 03 05:01:01 GMT 2010 Irving Picard, partner at Baker & Hostetler LLP, left, leaves US Bankruptcy Court with his attorney David Sheehan, in New York on Feb. 2, 2010. Photographer: Daniel Acker/Bloomberg ...
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Amazon's Social Move: Morning Tech Bytes
TheStreet.com
By Olivia Oran 12/03/10 - 09:23 AM EST NEW YORK (TheStreet) -- Amazon(AMZN) announced Thursday that it invested $175 million in daily deal site LivingSocial, a Groupon competitor. LivingSocial also received an additional $8 million investment from ...
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Special Report: What Did You Do in the ETF War, Daddy?
ABC News
By Aaron Pressman BOSTON (Reuters) - Gus Sauter, Vanguard Group's chief investment officer, vividly recalls the first time he proposed exchange-traded funds to his boss. "That's the dumbest idea you've ever had," then-CEO Jack Brennan told him after a ...
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US October Factory Orders, Shipments and Inventories (Text)
Bloomberg
By Chris Middleton - Fri Dec 03 15:00:02 GMT 2010 Following are the details of October full report on Manufacturers' Shipments, Inventories and Orders from the Commerce Department. New orders for manufactured goods in October, down following three ...
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RIM Continues its Acquisitions Tear As It Fights iPhone, Android
Wall Street Journal (blog)
By Shira Ovide Blackberry maker Research in Motion announced in a blog post that it has bought The Astonishing Tribe, a Swedish company that designs snazzy user interfaces for smart phones and other mobile devices. "We're excited that the TAT team will ...
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EURO GOVT-Peripheral risk premiums fall on ECB bond-buying
Reuters
By William James LONDON, Dec 3 (Reuters) - Risk premiums on government bonds issued by Ireland and Portugal fell on Friday, driven by European Central Bank bond-buying, though below-forecast US jobs data curbed some investor risk appetite. ...
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China to tighten its monetary policy next year
Los Angeles Times
The decision by the Politburo to shift to a 'prudent' monetary policy signals a likely slowdown of the world's second-largest economy in coming months as China acts to combat inflation and moderate its growth. By David Pierson, Los Angeles Times China ...
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