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Uncategorized - October 12, 2007 10:00
Retail sales rose modestly in September
NEW YORK (Reuters) – A worsening housing slump and tighter credit conditions probably prevented U.S. retail sales from eking out anything more than a modest gain in September, according to a Reuters poll of economists. Read More…
Baidu-spurred tech slump raises bubble fears (Reuters)
Baidu-spurred tech slump raises bubble fears (Reuters) Reuters – Technology stocks tumbled on Thursday as a sell-off in shares of Chinese Internet company Baidu.com fuelled concerns that the recent tech rally may be coming to an abrupt end. Source: news.yahoo.com
Australia’s Newcrest may sell Cracow gold mine
Australia’s Newcrest may sell Cracow gold mine SYDNEY, Oct. 11, 2007 (Thomson Financial delivered by Newstex) — Australia’s largest listed gold miner Newcrest Mining Ltd (OOTC:NCMGY) is looking to sell its Cracow gold mine in Queensland, joint venture partner Lion Selection Ltd said Friday. ‘Lion Source: c.moreover.com Inflationary Fears Support Commodity Prices Grain traders were […]
Asian stocks retreat after record run
Stocks markets fell after a recent record-breaking streak, with the Nikkei off 0.5 per cent and MSCI’s index of regional shares excluding Japan down 0.7 per cent Read More…
Baidu-spurred tech slump raises bubble fears
SHANGHAI/SAN FRANCISCO (Reuters) – Technology stocks tumbled on Thursday as a sell-off in shares of Chinese Internet company Baidu.com fuelled concerns that the recent tech rally may be coming to an abrupt end. Read More…
Baidu-spurred tech slump raises bubble fears (Reuters)
Baidu-spurred tech slump raises bubble fears (Reuters) Reuters – Technology stocks tumbled on Thursday as a sell-off in shares of Chinese Internet company Baidu.com fuelled concerns that the recent tech rally may be coming to an abrupt end. Source: news.yahoo.com
Saudis to meet Opec vow with big supply hike to Asia
Saudis to meet Opec vow with big supply hike to Asia Tokyo, Singapore: Saudi Arabia told major Asian refiners yesterday it will raise their crude sales by a tenth in November, more than expected as it meets the lion’s share of Opec’s pledge to boost output, industry sources said. The recovery in shipments Source: c.moreover.com […]
VW leads Europe higher
VW leads Europe higher Volkswagen led a rally by European stocks on Thursday as demand for its vehicles in China surged almost 30 per cent this year and indexes were also buoyed by a bullish performance from telecoms stocksSource: www.ft.com
Nordstrom same-store sales miss expectations
NEW YORK (Reuters) – Upscale department store chain Nordstrom Inc. said on Thursday September sales at stores open at least a year rose 3.2 percent but missed expectations, hurt by lower sales and higher inventory levels. Read More…
Futures rise, data awaited (Reuters)
Reuters – Stock futures rose on Thursday after Wal-Mart Stores Inc. raised its profit outlook, boosting investor optimism even though other retailers reported disappointing monthly sales. Read More…
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