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Posted by admin on December 30, 2008 under News | 
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Mixed day for sector
The news has not been good as cash-strapped consumers cut back sharply on gift spending and held out for deeper discounts. On Friday, MasterCard's SpendingPulse unit estimated that retail sales fell 5…
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Russia, China warn of dire economic straits in 2009 (AFP)
AFP – Russia and China issued stark warnings on Wednesday about the impact of the crisis on their recently booming economies in 2009, as stocks and oil prices took a hit from economic gloom over Christmas.
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Glance-stocks News Europe-ftse Small C…
STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News 17:03GMT 29Dec2008-FTSE Small Caps close up 0.3 pct ————————————————— The FTSE Small Cap in…
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Retail stocks suffer but some defy dismal sales data (Reuters)
Reuters – Retail shares traded lower on Friday following data showing the first decline in holiday sales in at least 40 years, though a handful of stores defied the trend.
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U.S. Stocks Open Higher Lifted By Oil Shares
U.S. stocks opened mostly higher in light trade Monday as rising oil prices lifted energy shares, offsetting news that Kuwait scrapped plans for a $17.4 billion joint venture with Dow Chemical.
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Japan steelmakers likely cut profit forecasts: Nikkei (Reuters)
Reuters – Japan’s Nippon Steel Corp (5401.T) and JFE Holdings Inc (5411.T) will likely cut their operating profit forecasts for this business year as demand from automakers and other customers plunges, the Nikkei business daily said on Sunday.
Posted by admin on December 29, 2008 under News | Be the First to Comment
Ad Agencies Slash Jobs, Investors Hammer Stocks
Jobs A brief history of ad agency economics: U.S. agency employment reached its all-time peak (207,400) in August 2000, four months before ad spending's dot-com-bubble peak. Media spending began…
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Russia, China warn of dire economic straits in 2009 (AFP)
AFP – Russia and China issued stark warnings on Wednesday about the impact of the crisis on their recently booming economies in 2009, as stocks and oil prices took a hit from economic gloom over Christmas.
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How the Dow Jones industrials have fared each trading day since fall of Lehman Brothers
(AP) – How far the Dow Jones industrial average has fallen or advanced each trading day since Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection on Sept. 15. After Lehman's f…
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U.S. crude oil stocks drop unexpectedly: EIA (Reuters)
Reuters – U.S. crude stocks posted a surprise drop last week, government data showed on Wednesday, and analysts cited higher refinery operations and disruptions to imports due to fog on the Gulf Coast.
