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| 1. |
Obama not eyeing prepackaged carmaker bankruptcies
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Reuters
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4 minutes ago
President-elect Barack Obama's transition team is not exploring a "prepackaged" bankruptcy plan for U.S. automakers, officials from Obama's team said on Friday.
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| 2. |
Stocks point higher after steep sell-off
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AP
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12 minutes ago
Wall Street found some relief Friday from a report that a pounded-down Citigroup Inc. might put itself up for sale. That prospect, along with the possibility that low prices will draw in bargain-hunters after two days of steep selling, sent stock futures sharply higher.
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| 3. |
European markets steady ahead of Wall Street open
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AP
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21 minutes ago
European stock markets were little changed Friday as expectations of a recovery on Wall Street prompted some investors to scoop up battered financial and energy shares, although concerns about the global economy capped most gains.
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| 4. |
Stock futures rebound on bargain search and Citigroup
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Reuters
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29 minutes ago
Stock index futures rose on Friday as investors looked set to follow up two days of steep losses that sent Wall Street to an 11-year low by scooping up shares of banks and other beaten-down sectors.
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| 5. |
Humane Society says Petland tied to puppy mills
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AP
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32 minutes ago
Many stores of the Ohio-based Petland Inc. pet store chain support puppy mills while telling customers the dogs come only from good breeders, the Humane Society of the United States said Thursday.
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| 6. |
Heinz 2nd-quarter profit jumps
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AP
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32 minutes ago
Foodmaker H.J. Heinz Co. said Friday strong sales of products such as Ore-Ida frozen potatoes and frozen meals boosted fiscal second-quarter profit by 22 percent as cash-strapped consumers cooked more meals at home.
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| 7. |
Citigroup shares leap on reports of firm's sale
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AP
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35 minutes ago
Shares of Citigroup Inc. climbed in premarket trading Friday, as the financial giant was said to be looking at selling off pieces of itself -- or the entire company -- to help rebuild investor confidence.
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| 8. |
Bush signs bill providing extra jobless benefits
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AP
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37 minutes ago
The White House says President Bush signed into law a bill that Congress approved to keep unemployment checks flowing to jobless Americans through the holiday season.
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| 9. |
Report: Ford Germany needs no state bailout money
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AP
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37 minutes ago
Bernhard Mattes, chief of Ford Motor Co.'s German unit, said that while the company can survive without a bailout from the German state, it hopes the European Union will help the ailing auto industry with a loan package.
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| 10. |
Visa says might incur "significant" charges in FY09
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Reuters
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43 minutes ago
Visa Inc said it might incur "significant" charges in fiscal 2009, according to an SEC filing. Highlights:
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| 11. |
Ahead of the Bell: NY Times price target cut
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AP
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1 hour, 4 minutes ago
A Deutsche Bank North America analyst cut New York Times Co.'s price target Friday after the newspaper publisher slashed its quarterly dividend by 74 percent.
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| 12. |
Bank of New York Mellon to cut 1,800 jobs
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AP
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1 hour, 21 minutes ago
The Bank of New York Mellon Corp. said Thursday it will cut its worldwide work force by 4 percent, or about 1,800 jobs, blaming the weak global economy.
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| 13. |
Honda to cut global output amid slowing demand
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AP
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1 hour, 29 minutes ago
Honda Motor Corp. said Friday it will cut production in Japan and Europe by 61,000 vehicles, as it continues to grapple with slowing global demand.
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| 14. |
FRO - Invitation to presentation of Q3 2008 Results
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Marketwire
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1 hour, 32 minutes ago
Frontline's third quarter 2008 results will be released on Friday November 28, 2008. In connection with this a presentation and a teleconference/webcast will be held as described below:
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| 15. |
JPMorgan to cut 10 pct of investment bank staff
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AP
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1 hour, 34 minutes ago
JPMorgan Chase & Co. is shedding about 10 percent of its investment bank staff in an effort to better weather the global economic slowdown.
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| 16. |
Oil rises from 3-year low as stocks rebound
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AP
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1 hour, 37 minutes ago
A rebound in world stock markets supported oil prices Friday, with crude creeping off a 3-year low to trade above $50 a barrel.
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| 17. |
Canadian Solar Reports Third Quarter 2008 Results
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PR Newswire
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2 hours, 39 minutes ago
Q308 Highlights
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| 18. |
Citi shares sink despite Saudi prince's investment
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AP
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Fri 5:12 am ET
Citigroup Inc. shares tumbled below $5 a share Thursday to their lowest level in more than 15 years, a sign that a Saudi prince's decision to boost his stake in the bank has failed to galvanize confidence among increasingly anxious investors.
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| 19. |
Congress sends jobless benefit extension to Bush
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AP
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Fri 4:32 am ET
With no end in sight to economic bad news, President George W. Bush is about to ensure that millions of laid-off workers won't see their unemployment checks disappear as the year-end holidays approach.
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| 20. |
Dell 3Q profit falls as PC spending slows
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AP
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Fri 12:49 am ET
Dell Inc.'s fiscal third-quarter profit sank 5 percent as concerns about the deepening economic crisis crimped corporate spending on computers and other technology products.
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