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S&P Bear Play

Large S&P option combination suggest bearish close to 2009.
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Why Google Won’t Last Forever

The company’s myriad Web services likely will be usurped over time.
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America’s Abandoned Cities

Real estate vacancy rates are still growing in these metros.
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IPO Fever Hits Hong Kong

Companies line up to go public in Hong Kong.
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The Man Who Sank New Jersey

How a quiet, stocky real estate developer named Solomon Dwek cracked open the massive corruption scandal.
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IPO Fever Hits Hong Kong

Companies line up to go public in Hong Kong.
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Asian markets cheered by US rally

Asian shares followed US markets higher, after investors pushed the SP to its highest level since Barack Obama was elected on November 4, levels last touched on election day last November and the Dow Jones Industrial Average broke through the psychologically important 9,000 mark
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Microsoft Plunges After Hours

This is a transcript of the Market Update: Outlook Report.
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Schlumberger’s Moment Of Truth

The oil services firm will have to prove to investors its ability to manage an uncertain future.
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James Murdoch plans Star TV shake-up

The overhaul of News Corporation’s Star Asian television operations will involve job losses in the region as the group aims to cut costs and consolidate overlapping operations
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Citigroup is expected to name Diana Taylor, a respected former banking regulator who is the companion of Michael Bloomberg, New York city’s mayor, as a new director in a revamp of its much-criticised board
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Bristol’s Cancer Bet

Cancer immunotherapy has mostly been a failure so far. With its $2.4B purchase of Medarex, the company wagers it has found a winner.
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Positive earnings drive Dow to 9,000

US stocks soared, with investors pushing the SP to its highest level since Barack Obama was elected on November 4, levels last touched on election day last November and the Dow Jones Industrial Average breaking through the psychologically important 9,000 mark
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Ericsson has joined the battle for the core wireless division of Canadian group Nortel Networks, pitting it against Nokia Siemens and a US private equity fund
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Senate delay hits health reform push

President Barack Obama’s bid to push healthcare reform, his signature policy, through Congress suffered a majorsignificant blow when the leading Democrat in the US Senate said the chamber it would miss a White House deadline to pass the legislation by August
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Fortress plans buying spree

Daniel Mudd, appointed as the new chief executive of Fortress Investment Group, plans to spearhead an aggressive acquisition strategy that could see the listed hedge fund buy other financial companies – including banks, insurers, traditional money management groups and other hedge funds
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Triumph for VW in Porsche battle

Porsche’s family owners ended months of feuding over a rescue of Germany’s debt-ridden sports carmarker by agreeing a merger with Volkswagen and ousting its chief executive Wendelin Wiedeking with a huge €50m pay-off.
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How Long Can CIT Last?

The $3 billion emergency loan kept CIT alive, but it isn’t rescued yet.
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Watchdog criticizes Obama mortgage plan

A government watchdog raised questions about the Obama administration’s estimate that up to four million people could be helped by the president’s mortgage modification program.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/2VEavFf2A44″ height=”1″ width=”1″/
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The Street pushed shares of AT&T higher, despite drop in second quarter profits.
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T. Rowe Price Recovers

T. Rowe’s managers have performed well since the market bottomed. Now it’s time to see the bottom line.
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S&P Bear Play

Large S&P option combination suggest bearish close to 2009.
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Credit Suisse Steps Up

That recovery in financials? It’s global. Credit Suisse finds its inner Goldman Sachs.
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Profits nearly cut in half at AmEx

American Express said Thursday that earnings fell by nearly half in the second quarter as a big piece of its profits were wiped out to pay back the loan it received from the government in last year’s financial sector bailout.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/JlCaU10PGyU” height=”1″ width=”1″/
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Fears On Pearson’s Outlook

The publisher of the FT and Penguin has outperformed rivals but analysts fear a tough second half.
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