Today’s message from Exxon: Think, value, embrace natural gas.

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Exxon’s Latest Quarter Signals A Turn to Natural Gas

Third-quarter results, while disappointing, show that Exxon Mobil is making a virtue of necessity by turning to natural gas to replenish its reserve base, says BW’s Steven LeVine

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Exxon’s Turn Toward Natural Gas

The U.S. electronics retailer plans to open 100 stores in Europe over the next three years in partnership with Britain’s Carphone Warehouse

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Best Buy’s Big British Invasion

Wearing bulletproof vests, three teen suspects appeared for the first time in court Thursday on charges of gang raping a 15-year-old girl outside a high school dance while as many as two dozen people watched without calling police. Defendant Cody Ray Smith,…

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High school – Rape – California – Police – Ballistic vest

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4 arraigned in gang rape of Calif. girl at school

NEW YORK (Reuters) – U.S. stocks logged their best one-day percentage gain in three months on Thursday as investors saw data showing the U.S. economy returned to growth in the third quarter as brightening the outlook for profits.

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Wall Street jumps as GDP growth spurs optimism

NEW YORK (Reuters) – McAfee Inc , the No. 2 U.S. security software maker, reported quarterly revenue that missed Wall Street projections as sales to consumers grew at their slowest rate in almost two years.

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McAfee revenue misses forecast, shares fall

Callaway Golf Co. said Thursday its third-quarter loss grew year-over-year as consumers continued to refrain from spending on leisure activities. The results are consistent with the company’s preliminary results issued earlier this month. The golf retailer,…

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Golf – sport – Callaway Golf Company – United States – Business

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Callaway 3Q loss grows, as revenue declines

Banks trimmed their borrowing from the Federal Reserve’s emergency lending program over the past week, evidence that some credit problems are easing as the economy recovers. The Fed said Thursday that commercial banks averaged $22.6 billion in daily borrowing…

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Federal Reserve System – Commercial bank – Credit – Central bank – Government

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Banks cut emergency borrowing from Federal Reserve

MetLife Inc. on Thursday reported a loss for the third quarter, driven by $1.4 billion in investment losses. The investment losses were primarily related to complex investments known as derivatives, which are used to hedge a number of risks, including changes…

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Metropolitan Life Insurance Company – Business – Investing – MetLife – Standard & Poor

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MetLife posts 3Q loss on investment losses

BMC Software Inc. said Thursday its fiscal second-quarter earnings jumped 35 percent, as falling expenses offset a slight decline in sales. The business software maker also hiked its forecast for the full year. The company said it earned $94.2 million, or 50…

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Business – BMC Software – Computers and Internet – Business and Economy – Accounting

BMC Software posts 35 percent jump in 2Q earnings

Stocks logged their best day in three months as investors rushed into the market on word the economy grew faster than expected during the summer. The Dow Jones industrial average jumped 200 points Thursday to recoup most of its losses for the week, while…

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Gross domestic product – Business – Investing – Commodities and Futures – Government

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Investors rush back into stocks as economy grows

Indian oil, gas and petrochemicals giant Reliance Industries Ltd. said Thursday its profit fell 6.4 percent in the second quarter on smaller refining margins. Net profit in the three months ended Sept. 30 was 38.5 billion rupees ($815.0 million), down from…

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Reliance Industries – Business – Energy – Oil and Gas – Petrochemical

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Reliance Industries profit down 6.4 pct

Retailer Target Corp. said Thursday it is cutting some 85 marketing jobs, representing about 8 percent of its 1,100 employees in that department. The company said in a statement that the move was part of its normal practice of evaluating all areas of the…

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Target Corporation – Marketing – Business – Marketing and Advertising – Corporation

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Retailer Target Corp. cuts 85 jobs in marketing

Westar Energy Inc. on Thursday said the coolest summer in more than 40 years led to a larger-than-expected 8 percent decline in third-quarter profits. The largest electric utility in Kansas reported earning $81 million, or 73 cents per share, during the July-…

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Westar Energy – Electric utility – Energy – Business – Kansas

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Westar Energy quarterly profit falls 8 percent

CHICAGO (Reuters) – Hospital operator Universal Health Services Inc reported higher quarterly net earnings on Thursday as revenue rose slightly, operating margins improved while costs were cut.

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Universal Health quarterly net up, beats Street