Panasonic’s Camera Strategy: Women & Children First
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Panasonic’s Camera Strategy: Women & Children First
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Sony Gets a Life-X
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Alabama group files suit over Jefferson County debt
BIRMINGHAM, Alabama (Reuters) - An Alabama activist group has filed a lawsuit seeking to cancel $6.6 billion in debt and related swaps issued by Jefferson County, claiming the county faces financial disaster because of misdeeds by Wall Street firms, corrupt local politicians and others.
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GE gets “Wells notice” in SEC accounting probe
CHICAGO (Reuters) - General Electric Co said on Friday it had been notified by U.S. regulators that a civil complaint could be filed against the company following a more than three-year-long probe into its use of hedge accounting for derivatives and other accounting matters.
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Boeing workers prepare to strike as deadline nears
NEW YORK/EVERETT, Washington (Reuters) - Boeing Co’s machinists prepared for a strike on Friday as the plane-maker and its largest union tried to hammer out a last-ditch deal on their latest three-year contract.
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Treasury near GSE bailout plan: report
WASHINGTON (Reuters) - The U.S. Treasury Department is close to finalizing a plan to buttress mortgage finance companies Fannie Mae and Freddie Mac, the Wall Street Journal reported on Friday.
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Dow, S&P end higher on financials, down for week
NEW YORK (Reuters) -The broader U.S. stock market edged higher on Friday, but still posted its worst week since May, as a rally in financial stocks helped reverse losses sparked by a government report showing the U.S. jobless rate rose to a five-year high.
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GE receives ‘”Wells notice” in hedge accounting probe
CHICAGO (Reuters) - General Electric Co said on Friday it had been notified by U.S. regulators they were considering filing a civil complaint against the company following a three-year probe into GE’s use of hedge accounting for derivatives.
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Dow, S&P end higher on financials, down for week
NEW YORK (Reuters) - The broader stock market ended its worst week since May with modest gains on Friday, as a rally in financial stocks helped the market reverse earlier steep losses after a government report showed further deterioration in the U.S. labor market.
Dow, S&P end higher on financials, down for week
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Financial rally lifts Dow, S&P; week ends lower
NEW YORK (Reuters) - Stocks ended their worst week in months with modest gains on Friday, as bargain-hunting among financial stocks offset a government report showing further deterioration in the U.S. labor market.
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Boeing workers prepare to strike as talks go on
NEW YORK (Reuters) - Boeing Co’s machinists prepared for a strike on Friday as the plane maker and its largest union tried to hammer out a last-ditch deal on their latest three-year contract.
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Wall Street flat as financials offset weak data
NEW YORK (Reuters) - U.S. stocks were little changed in volatile trade on Friday as a bounce in financial shares offset concerns about the economy after a bleak labor market report.
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Nokia losing market share as price war bites
HELSINKI (Reuters) - Nokia Oyj , the world’s biggest cellphone maker, said it expects to lose market share in the third quarter as it fights to maintain profit margins, sending its shares as much as 14 percent lower.
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Wall Street cuts losses as financials bounce
NEW YORK (Reuters) - Stocks pared losses in volatile trade on Friday, and the Dow briefly turned positive, as financial shares rose on short-covering, offsetting concerns about the economy after a bleak labor market report.
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Executive leaves hedge fund Citadel
BOSTON (Reuters) - A Citadel Investment Group LLC executive who ran an unprofitable credit investment group for the large hedge fund company has resigned, a person familiar with the matter said on Friday.
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