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Posted by admin on November 24, 2008 under News | 
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European stocks end at 5-1/2 year closing low
By Blaise Robinson PARIS, Nov 21 (Reuters) – European stocks slipped in a broad selloff on Friday, dropping for the seventh time in nine sessions, with fresh fears over the financial sector knocking d…
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Some pharma stocks likely to outperform in 2009: Barron’s (Reuters)
Reuters – Baxter , C.R. Bard , Teva Pharmaceutical and Express Scripts are four health-care stocks likely to outperform in the coming year, even if the global economy remains depressed, according to a report in the November 24 edition of Barron’s.
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FTSE ends week on five-year low
The slide in European markets continued today as the FTSE 100 Index registered its lowest close for more than five years.Another turbulent week – in which the London market sustained losses in four …
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Tasks for Obama’s ag sec: School food, subsidy cap (Reuters)
Reuters – President-elect Barack Obama’s nominee for U.S. agriculture secretary will face daunting tasks ranging from tightening farm subsidy rules to improving school meals, lawmakers and farm groups said on Friday.
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Plunging tuna stocks are threatening livelihoods
On a gloomy day pregnant with rain and the weight of past expectations, tuna fisherman Minoru Nakamura is welcomed back to port by his family in Ishiki like a conquering hero. Three generatio…
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Stocks stage a turnaround (AFP)
AFP – The London stock market staged a turnaround on Friday despite a steady flow of dismal economic news.
Posted by admin on November 23, 2008 under News | 2 Comments to Read
Wall Street eyes holiday season with little to cheer
November 22, 2008 New York – Wall Street enters the year-end holiday season this coming week with little to cheer about as the worst bear market in decades appears to be grinding on. While some say…
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European stocks drop as Dow erases early gains (AP)
AP – European markets fell further Friday as early gains on Wall Street were wiped out amid mounting fears about the U.S. economy and the future of banking giant Citigroup Inc. in particular. Asian stocks closed mostly higher earlier in the day.
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Amlak and Tamweel halted on Dubai bourse
Dubai: Shares in mortgage lenders Tamweel and Amlak are suspended on the Dubai bourse, pending receipt of the details of their merger, the bourse said in a statement on its website. The two firms anno…
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Indian stock index jumps on stimulus hopes (AP)
AP – India’s benchmark stock index jumped 5.5 percent Friday, bolstered by a regional rally and expectations the government will soon take more steps to stimulate the economy.
