Monday, November 1, 2010

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RATE FUTURES REPORT:Some Doubt About QE2 Before FOMC Meeting
Wall Street Journal
By Howard Packowitz Of DOW JONES NEWSWIRES CHICAGO (Dow Jones)--Only two days before the Federal Reserve is expected to announce its next step aimed at speeding up economic recovery, many of the trades Monday in US interest rate futures were based on ...
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London stocks rise, led by miners
MarketWatch
By Aude Lagorce, MarketWatch LONDON (MarketWatch) — British shares gained on Monday, led by the mining sector, as strong manufacturing data from the US and China buoyed sentiment. The FTSE 100 index (FTSE:UK:UKX) rose 0.3% to end at 5694.62. ...
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Fortinet Pares Gains After Disputing Sale Talks
Wall Street Journal
By Caitlin Nish Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Shares of Fortinet Inc. (FTNT) pared their gains Monday afternoon as the network-security systems maker said it isn't in acquisition talks with tech giant International Business Machines Corp ...
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CORRECT: 2nd UPDATE: AIG Closes Alico Sale; Treasury Seen Making Profit
Wall Street Journal
(The update and 2nd update to "AIG's Sale Of Alico To MetLife Complete; Price Tag $16.2B," published at 12:37 pm and 3:10 pm EDT, incorrectly referred to MetLife getting securities. A corrected version of the second update follows. ...
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EXCO chief to buy company shares in $4.4B deal
BusinessWeek
The chairman and CEO of EXCO Resources Inc. said Monday he plans to acquire all the company's outstanding shares in a deal valued at $4.36 billion. Douglas H. Miller announced an offer to buy EXCO stock for $20.50 per share, a 38 percent premium over ...
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Treasury Prices Slip on Manufacturing Survey
ABC News
AP Long-term Treasurys are slipping after a national survey showed US manufacturers expanding at a quick clip. The Institute for Supply Management said Monday that its main index rose to 56.9 in October, buoyed by both strong orders and production. ...
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OIL FUTURES: Crude Up As Saudi Minister Signals Higher Prices
Wall Street Journal
By Dan Strumpf Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)-- Crude futures finished higher Monday after Saudi Arabia's oil minister suggested he was comfortable with higher oil prices, while a rapidly expanding Chinese manufacturing sector signaled ...
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PSP Phone, Chinese Supercomputer: Hot Trends
TheStreet.com
By Theresa McCabe 11/01/10 - 03:10 PM EDT (Information on the PlayStation phone and the Chinese supercomputer updated in today's Hot Trends article.) NEW YORK (TheStreet) -- "PSP phone" is a heavily searched topic on the Internet today as new details ...
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Summary Box: Enquirer Owner to Seek Chapter 11
ABC News
AP By AP HEADING TO CHAPTER 11: American Media Inc., owner of The National Enquirer and other publications, plans to seek federal bankruptcy protection in the next two weeks or so. SPEEDY CASE: The company says about 80 percent of American Media's ...
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Cognizant reports better-than-expected 3Q profit
BusinessWeek
Information technology consulting firm Cognizant Technology Solutions Corp. posted a 49 percent rise in its third-quarter profit on sharply higher revenue on Monday, citing across the board success in its various divisions. The results beat Wall Street ...
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