Tuesday, December 14, 2010

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Fed Retains $600 Billion Bond-Buying Plan to Boost Economy
Bloomberg
By Scott Lanman - Tue Dec 14 19:51:06 GMT 2010 Dec. 14 (Bloomberg) -- Linda Duessel, equity market strategist for Federated Investors, and Michael Materasso, co-chairman of the fixed-income policy committee at Franklin Templeton Investments, ...
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Yahoo layoffs: 600 jobs cut in long-rumored move
CNNMoney
Yahoo CEO Carol Bartz has faced a two-year tenure fraught with problems. By Julianne Pepitone, staff reporterDecember 14, 2010: 5:30 PM ET NEW YORK (CNNMoney.com) -- Yahoo cut about 600 jobs today, the company confirmed, finally swinging the ax on ...
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Canada Dollar Fluctuates Amid Swings in Oil as Fed Keeps Stimulus Program
Bloomberg
By Chris Fournier - Tue Dec 14 21:17:36 GMT 2010 Canada's dollar fluctuated as US Federal Reserve policy makers kept their stimulus plan to buy $600 billion of Treasuries through June and commodities including crude oil swung between losses and gains. ...
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US stocks end higher after Fed, retail sales
MarketWatch
By Kate Gibson, MarketWatch NEW YORK (MarketWatch) — US stocks finished higher on Tuesday, after the Federal Reserve held onto its current policy to support the economy and retail-sales numbers for November were better than expected. ...
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Summary Box: Best Buy's 3Q net income falls
BusinessWeek
By AP THE NEWS: Best Buy Co., the largest US specialty electronics retailer, reported net income and revenue fell more than expected as US consumers spent less on electronics such as TVs and the company lost market share to online and discount stores. ...
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Time Warner Cable COO quits, CFO takes job
Reuters
NEW YORK (Reuters) - Time Warner Cable Inc's chief financial officer, Rob Marcus, has been appointed president and chief operating officer, a move that puts him forward as a likely successor to Chief Executive Glenn Britt. The No. ...
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Court Order on Greenhouse Gas Rules Provides Comfort to Industry Challengers
New York Times
By LAWRENCE HURLEY of Greenwire When a federal appeals court announced Friday that it wouldn't stay US EPA's greenhouse gas regulations, it was not the completely decisive win for the Obama administration it may have seemed. In the order (pdf), ...
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BofA sees S&P 500 at 1400 and UST yields up by end 2011
Reuters
By Daniel Bases NEW YORK (Reuters) - Investors looking into 2011 should expect strong corporate profits to lift share prices even as the global economy's growth rate slows, Bank of America Merrill Lynch (BAC.N) said on Tuesday. In its annual investment ...
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Broadcom Confident Of Market Share Gains; Raises 4Q View
Wall Street Journal
By Shara Tibken Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Chip maker Broadcom Corp. (BRCM) raised the lower end of its fourth-quarter revenue guidance, saying mobile and wireless demand was stronger than expected. In addition, Chief Executive Scott ...
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