Monday, December 20, 2010

Google Alert - finance

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Toyota to pay $32.4 million fine for recalls
CNNMoney
NEW YORK (CNNMoney.com) -- Toyota Motor Corp., the Japanese automaker that suffered a series of high-profile recalls, will pay $32.4 million in civil penalties, the US Department of Transportation said Monday. The penalty is the maximum allowed by law. ...
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China says hopes EU can recognise it as market economy
Reuters
BEIJING Dec 21 (Reuters) - China hopes the European Union can recognise its status as a market economy as soon as possible, China's commerce minister said at the opening of annual trade talks between China and the European Union on Tuesday. ...
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Adobe Forecast Tops Estimates After Creative Suite Rebounds; Shares Climb
Bloomberg
By Aaron Ricadela and Adam Satariano - Mon Dec 20 23:55:40 GMT 2010 Adobe Systems Inc., the top maker of graphic-design programs, forecast fiscal first-quarter profit that exceeded analysts' estimates, bolstered by resurgent sales of the company's ...
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Bank of Japan Pledges to Steadily Buy Assets, Provide Liquidity
Bloomberg
By Mayumi Otsuma - Tue Dec 21 04:03:19 GMT 2010 The Bank of Japan kept the key interest rate and the size of its asset purchase program unchanged and said it will steadily buy assets and provide long- term funds. The board led by Governor Masaaki ...
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Report: Brown-Forman to sell wine business
Wall Street Journal
AP NEW YORK — There may be two more wine businesses up for sale as some parts of the industry struggle with weak sales volumes and pricing. Brown-Forman Corp., the maker of Jack Daniel's whiskey, is putting its wine business on the block, ...
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US Foreclosure Task Force Will Take 'Whatever Action' Needed
BusinessWeek
By Rebecca Christie Dec. 20 (Bloomberg) -- The Obama administration's foreclosure task force is preparing to take action next year against any lenders or other institutions that acted "improperly," US Treasury Secretary Timothy F. Geithner and Housing ...
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SEC Is Investigating Hurd's Departure as Chief of HP
New York Times
By ASHLEE VANCE SAN FRANCISCO — Federal investigators have been gathering information about Mark V. Hurd's sudden departure from Hewlett-Packard, the latest twist in a five-month story that has put the company in the middle of Silicon Valley's version ...
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Ex-William Morris CEO Sues Starr, Lawyer
Wall Street Journal
By CHAD BRAY NEW YORK—The former chief executive of talent agency William Morris sued ex-New York money manager Kenneth Starr and his lawyer on Monday for allegedly misappropriating $2 million he entrusted to Mr. Starr. Mr. Starr, 66 years old, ...
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