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Wall Street seen opening higher, investors await data
(Reuters)
Reuters - U.S. stock futures pointed to a modestly higher open on Monday as investors looked to new data later in the holiday-shortened week for clues over the direction of the recession-hit economy.
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Jailed swindler Madoff goes to court to hear fate
(Reuters)
Reuters - Disgraced financier Bernard Madoff leaves his jail cell to be taken under guard to court on Monday to hear his punishment for running Wall Street's biggest and most brazen investment fraud.
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Towers Perrin, Watson Wyatt to merge in $3.5 billion deal
(Reuters)
Reuters - Consulting firms Towers Perrin Forster & Crosby and Watson Wyatt Worldwide said on Sunday they plan to merge in an all-stock deal valued at about $3.5 billion, as they hope to cut costs amid an economic slump that has caused clients to curb discretionary spending.
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Higher fuel prices to hurt Royal Caribbean earnings
(Reuters)
Reuters - Higher fuel prices and the H1N1 flu virus will hurt Royal Caribbean Cruises Ltd's full-year earnings, the world's second largest cruise operator said on Monday.
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GM accepts product liability in bid to clear sale
(Reuters)
Reuters - General Motors Corp has agreed to accept liability for future product defects as one of several concessions offered in a bid to win court approval for a quick sale from bankruptcy.
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China halts metals stockpiling for now: report
(AFP)
AFP - Beijing has suspended buying non-ferrous metals for state reserves after government stockpiling led to a surge in prices, Chinese media has reported.
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Thinking of Switching Financial Planners?
(BusinessWeek Online)
BusinessWeek Online - You've got a dirty little secret. During long lunch breaks, or after work when everyone else heads home to their families, you're sneaking out to a secret rendezvous. You know what you're doing is perfectly justified, but you still feel a little bad afterwards. You never thought it would come to this. But here you are -- cheating on your financial planner.
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Fed Holds Rates Steady
(BusinessWeek Online)
BusinessWeek Online - With signs the economy is improving but still fragile, Federal Reserve policymakers held the Fed funds rate steady -- at zero to 0.25% -- on June 24, and maintained its pace of purchases of government debt at mortgage-backed securities.
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Amazon.com ends commission program in NC
(AP)
AP - Amazon.com said Friday it has pulled the plug on commissions for North Carolina Web sites that make referrals to the online retailer because a law designed to collect sales taxes on these transactions could soon be enacted.
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| Yahoo! News: Business Mon, 29 Jun 2009 12:56:11 GMT |
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