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Posted by admin on August 23, 2008 under News | 
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Indian shares rise as investors pick cheap stocks
New Delhi: Indian shares rebounded more than one per cent yesterday as investors picked up beaten down stocks after a sharp fall in the previous session, but higher oil prices and accelerating inflati…
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Wall St. faces headwinds in dog days of summer (AFP)
AFP – Wall Street investors ply the dog days of summer next week with few economic indicators on the calendar but stiff headwinds from volatile oil prices, rising inflation and slowing global growth.
Posted by admin on August 22, 2008 under News | Be the First to Comment
Solid gains across the board on U.S. markets
U.S. stocks surged on Friday providing a positive end to what had been a dismal week.
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China shares surge 7.63 pct on policy support hopes (AFP)
AFP – Chinese share prices surged to close 7.63 percent higher on Wednesday amid renewed hopes that Beijing will soon act to support the ailing stock market, dealers said.
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Dollar may have bottomed, but crude could be obstacle to rebound
SAN FRANCISCO (MarketWatch) — Dollar bulls who believed that "carving out a bottom" is a synonymous with "rallying" got a lesson in reality this week.
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China shares surge 5.89 pct by midday (AFP)
AFP – Chinese share prices surged 5.89 percent by midday Wednesday amid speculation that the authorities will soon launch new measures to boost the ailing stock market, dealers said.
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Oil jumps past $120 a barrel, sending carriers tumbling
) fell nearly 5% to 22.52 points with all but two of its 14 components in the red. The benchmark index had fallen from its 52-week high of 48.34 points in October to 12.66 points on July 15 as a wea…
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Oil’s down, stocks are up, but uncertainty remains (AP)
AP – The past four weeks on Wall Street have been quite a welcome contrast. Stocks have risen, the dollar has strengthened and oil prices have plummeted.
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Hormel profit drops on rising feed grain, fuel costs
SAN FRANCISCO (MarketWatch) — Hormel Foods Corp. on Thursday handed in lower third-quarter results, blaming higher feed grain and fuel costs for a steep profit decline in its Jennie-O Turkey Store bu…
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US stocks close mixed as oil falls, dollar firms (AFP)
AFP – US stocks closed narrowly mixed Friday as falling oil prices tamped down inflation worries and the dollar continued to rally on mounting signs of a slowing global economy.
