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Producer Prices in US Increase Less Than ForecastBloomberg - - 34 minutes ago Nov. 17 (Bloomberg) -- Wholesale prices in the US increased in October for just the second time in the past four months, indicating inflation will not be a concern for the Federal Reserve. Producer Prices Rose Less Than Expected in October Wall Street Journal Target Earnings Rise 18%; Saks Reports ProfitWall Street Journal - - 13 minutes ago Target Corp.'s fiscal-third-quarter earnings rose 18%, snapping a streak of eight quarterly declines and besting expectations as the discount retailer saw profitability improve in both its retail and credit-card ... Target posts better-than-expected profit MarketWatch PRECIOUS METALS: Gold Backs Off From Record As Dollar RisesWall Street Journal - - 15 minutes ago NEW YORK (Dow Jones)--A bounce in the US dollar has gold on the defensive Tuesday, and it is likely participants are booking profits from the metal's recent string of record high prices. Stocks set to slip at open CNNMoney.com Stock futures point to lower opening The Associated Press UPDATE 1-Saks posts Q3 profit, shares upReuters - - 17 minutes ago NEW YORK, Nov 17 (Reuters) - Upscale department store operator Saks Inc (SKS.N) reported a quarterly profit on Tuesday, beating Wall Street expectations for a loss, and its shares rose 5.5 percent. Saks posts surprise 3Q profit on lower costs The Associated Press Saks Posts Profit, Topping Expectations FOXBusiness Home Depot profit drops 8.9%; 4th-quarter outlook may missMarketWatch - - 32 minutes ago NEW YORK (MarketWatch) -- Home Depot Inc., the No. 1 home-improvement retailer, reported Tuesday that its fiscal third-quarter profit fell a less-than-expected 8.9%, after the company controlled expenses to help offset ... Home Depot 3Q Earnings Off 8.9%;Co Boosts Year Pft View Wall Street Journal Applied Materials to Buy SemitoolWall Street Journal - - 13 minutes ago Applied Materials Inc. plans to acquire Semitool Inc. for $364 million in cash by the end of the year, bolstering the chipmaker's advanced-packaging and copper-conversion efforts. Jacob Named Lazard CEOWall Street Journal - - 39 minutes ago Lazard Ltd. named Kenneth M. Jacob as chairman and chief executive, promoting the leader of its North American banking effort after the death of Bruce Wasserstein, the company's famed dealmaker. Lazard Names New Chief Executive Officer FOXBusiness Swiss to hand over U.S. names of wealthy UBS clientsReuters - - 17 minutes ago BERNE (Reuters) - The Swiss Justice Department will hand over the names of wealthy US clients of UBS (UBSN.VX) with accounts holding over 1 million Swiss francs ($986200) in cases of fraud and similar, it said on Tuesday. UBS Private Banking Head Confident Of Restoring Gross Margin Wall Street Journal UBS sets mid-term goal: $15BN pretax profit a year The Associated Press Russia palladium sales to shrink on lower output-JMReuters - - 17 minutes ago MOSCOW, Nov 17 (Reuters) - Russia, the world's leading producer of platinum group metal palladium, will cut sales to foreign markets due to lower output by its sole producer, Norilsk Nickel, Johnson Matthey (JMAT. Platinum supply surplus on tap for 2009: report MarketWatch UPDATE 1-Canadian Solar Q3 beats, sees doubling shipments in '10Reuters - - 18 minutes ago Nov 17 (Reuters) - Canadian Solar Inc's (CSIQ.O) third-quarter profit rose sharply on strong demand, comfortably beating estimates, and the company said it expects to more than double shipments in 2010. Canadian Solar 3Q more than doubles, shares jump The Associated Press Canadian Solar Inc. Beats Analyst Expectations; CSIQ, SLAB, XLNX Learning Markets GE Enlightens China Regions Working to Curb PollutionBloomberg - 3 hours ago By Bloomberg News Nov. 17 (Bloomberg) -- The Ordos region of Inner Mongolia, home to one of China's biggest deserts, is being transformed into the site of a pine forest that will stretch across its low hills as far as the eye can see. First Solar: Expects Feed-In-Tariff Soon For 2GW China Plant Wall Street Journal UPDATE 1-Dillard's swings to profit in Q3Reuters - - 17 minutes ago NEW YORK, Nov 17 (Reuters) - Dillard's Inc (DDS.N) reported on Tuesday a quarterly profit from a year-ago loss, helped by a tax benefit and a move to slash inventory to counter weak consumer spending. Dillard's Swings To 3Q Profit On One-Time Gain, Beats Street Wall Street Journal Six-Month Dollar Libor Falls Below Yen as Fed Signals Low RatesBloomberg - - 1 hour ago Nov. 17 (Bloomberg) -- The cost of borrowing in dollars for six months between banks fell below the yen rate for the first time in more than 16 years as Federal Reserve officials signaled they may keep interest rates low for even ... WORLD FOREX: Dollar Up As Economic Optimsim Falters Wall Street Journal Berkshire Raises Wal-Mart Stake, Adds Exxon, NestleBloomberg - - 46 minutes ago Berkshire held about 1.28 million Exxon shares and 3.4 million American depositary receipts of Nestle at the end of the third quarter, the Omaha, Nebraska-based company said in a regulatory filing yesterday. Buffett Increases Wal-Mart Holdings Wall Street Journal Analyze Earnings Yield Like Warren Buffett Seeking Alpha (blog) Nu Skin Raises 4Q View On Product Launch, Japan ReboundWall Street Journal - 36 minutes ago Nu Skin Enterprises Inc. (NUS) raised its estimates for the rest of the year as the maker of antiaging products touted a successful preliminary launch of a skin-care line, an improving Japanese market and favorable currency changes. UPDATE 1-Covidien Q4 profit beats estimates, ups sales viewsReuters - - 1 hour ago Nov 17 (Reuters) - Medical products maker Covidien's (COV.N) quarterly earnings topped estimates, helped by the launch of new products, higher volumes and pricing, and it also raised its sales outlook for 2010. Covidien 4Q Profit Down 86% On Charges;Results Beat Estimates Wall Street Journal Covidien quarterly net income drops 86% MarketWatch MIDEAST STOCKS-Kuwait hits 33-week low on Agility indictmentReuters - - 1 hour ago DUBAI, Nov 17 (Reuters) - Shares in Kuwaiti logistics firm Agility (AGLT.KW) tumbled on Tuesday after a US grand jury indictment, dragging Kuwait's bourse . Agility:New Deals On Hold Post US Charge;Shrs Resume Wall Street Journal Ahead of the Bell: Pacific SunwearABC News - 12 minutes ago AP Slumping sales expectations dragged down shares of surf- and skatewear retailer Pacific Sunwear of California Inc. in premarket trading on Tuesday. US HOT STOCKS: Pacific Sunwear, Longtop Active In Late Trading Wall Street Journal New tool in Fed shed to do heavy lifting in exitReuters - - 31 minutes ago WASHINGTON (Reuters) - The US Federal Reserve may rely principally on the largely untested monetary policy tool of paying interest on bank reserves when the time eventually comes to raise borrowing costs. Overdraft Overhaul Forbes Fed proposes changes to mortgage disclosure law The Associated Press CapitalSource sells nursing home business to Baltimore companyWashington Post - - 2 hours ago Chevy Chase-based CapitalSource Inc. announced today that it is selling its nursing home business to Omega Healthcare Investors, Inc. of Baltimore for $860 million, helping relieve CapitalSource of heavy debt during the recession. Omega acquiring CapitalSource care facilities MarketWatch |
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