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Toll Brothers profit beats on higher home prices
Reuters(Reuters) - Luxury homebuilder Toll Brothers Inc reported stronger-than-expected results on higher average selling prices and booked its highest quarterly orders in seven years, sending its shares up 7 percent. Record-low interest rates and rising...Tags: Rentals, Stock Market, NYSE Euronext, Inc., Thomson Corporation, Earnings Forecasts
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Regulatory watchdog FINRA to oversee Direct Edge's surveillance
ReutersNEW YORK, May 22 (Reuters) - The Financial Industry Regulatory Authority said on Wednesday that U.S. exchange operator Direct Edge has agreed to allow the regulatory watchdog to look out for abusive trading activity on its two stock exchanges. FINRA will...Tags: NASDAQ, Financial Markets, Finance, Stock Market, NYSE Euronext, Inc.
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Telefonica cuts handset prices to win back Spanish clients
ReutersMADRID (Reuters) - Spanish telecoms operator Telefonica lowered prices on smartphones by between 15 and 30 percent in its domestic market on Wednesday to fight increasing competition in the recession-hit country. Telefonica, which stopped subsidizing...Tags: Corporate Performance, Telefonica SA
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U.S. RESEARCH ROUNDUP: Bristol-Myers, BlackBerry, NetApp, Home Depot
ReutersMay 22 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Carnival Corp and Bristol-Myers, on Wednesday. HIGHLIGHTS * Bristol-Myers Squibb : Citigroup raises to buy from neutral *...Tags: Ratings, Goldman Sachs Group, Inc., Terex Corporation, Petroleum Industry, FirstMerit Corporation
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Insight: No more easy pickings in Russia's banking market
ReutersMOSCOW (Reuters) - Foreign banks that once treated Russia as virgin land where easy money could be made are now finding it a cut-throat market tougher than some bargained for. While players such as Citi and Austria's Raiffeisen thrive, many have found...Tags: Austria, Company Privatization, Goldman Sachs Group, Inc., Russia, Ernst & Young
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INSIGHT-No more easy pickings in Russia's banking market
Reuters* Domestic players Sberbank, VTB are hard to beat * Foreign banks have made mistakes in Russia's retail market * Russia remains under-banked compared to BRICs * Investment banks are here to stay By Megan Davies MOSCOW, May 22 (Reuters) - Foreign...Tags: Austria, Company Privatization, Goldman Sachs Group, Inc., Russia, Investment Service
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DBS-Danamon deal hinges on Singapore's invite to Indonesian banks
ReutersSINGAPORE/JAKARTA (Reuters) - Southeast Asia's largest bank merger now depends largely on cooperation between Singaporean authorities and Indonesian politicians. Indonesia's central bank gave Singapore's DBS Group Holdings Ltd its long-awaited approval...Tags: Financial Markets, Finance, Trade Dispute, Central Bank, Financial and Business Services
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Many opportunities to give blood
South Bend TribuneMichigan Blood will hold the following drives: - Lakeland Regional Medical Center, 1234 Napier Ave., St. Joseph, 9 a.m. to 4 p.m. Friday. - Martin’s Super Market, 720 S. 11th St., Niles, 9 a.m. to 2 p.m. Saturday. - Saint Joseph Center, 2710... -
New ad platform targets mobile users by scouring social media
Mobile advertising is about to become a lot more personal. Pasadena technology company UberMedia has launched a mobile advertising platform that tracks publicly available information provided by smartphone users on their social media channels and then...
Tags: Advertising, Tom Cruise, Computer Hardware, Oblivion (movie), Social Media
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Dollar declines vs euro before Bernanke testimony
ReutersNEW YORK (Reuters) - The dollar fell against the euro for a third day on Wednesday as investors trimmed their bets on the currency before testimony from the U.S. Federal Reserve Chairman Ben Bernanke. Bernanke, who testifies to Congress at 10:00 a.m....Tags: Mutual Funds, Moody's Corporation, Cypriot Banking Crisis (2013), Gymnastics, Buyback
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CANADA RESEARCH ROUNDUP: Loblaw Companies, Enerflex, Trilogy Energy
ReutersMay 22 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Loblaw Companies and Enerflex, on Wednesday. HIGHLIGHTS * Loblaw Companies : RBC raises target price to C$44 from C$39; rating...Tags: Loblaw Companies Limited, Ratings, Mining, Research, Metal and Mineral
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Abe's Market branches out to eco-services
Tribune reporterOnline retail startup Abe's Market is launching a new feature in Chicago where it rewards customers for trying local, eco-friendly businesses. Abe's Market, which sells natural and organic products, said it picked a group of Chicago-area service...Tags: Groupon, Inc., New Products
May 22, 2013
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|Story| Chicago Tribune
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