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Wall Street posts first weekly loss since mid-April on Fed angst
ReutersNEW YORK (Reuters) - The S&P 500 declined for a third day on Friday, with the three major stock indexes posting their first negative week since mid-April on lingering concern that the central bank may scale back its stimulus measures to support the...Tags: Berkshire Hathaway Inc., Alternative Energy, Computer Sciences Corporation, Theravance Incorporated, MBIA Incorporated
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INSIGHT-Luxury brands position for U.S. boom
Reuters* Affluent U.S. consumers feel it's safe to spend again * China second to U.S. in 2012 luxury retail growth * Influx of tourists will help as Obama reworks visa wait * Top brands expanding across the United States By Astrid Wendlandt and Phil Wahba...Tags: Government, Personal Data Collection, U.S. Department of State, Christian Dior, Greenwich
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Insight: Luxury brands position for U.S. boom
ReutersPARIS/NEW YORK (Reuters) - Most men might balk at spending $600 on a pair of Dior sneakers but for U.S. shoppers like Ephraim, an upbeat 30-year-old, such indulgences are becoming increasingly commonplace. Ephraim is the kind of man who gives luxury...Tags: Personal Data Collection, Government, U.S. Department of State, Christian Dior, Greenwich
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US STOCKS-Futures tick higher ahead of Bernanke testimony
Reuters* Saks rallies on report it is mulling sale * Bernanke seen hitting dovish note in testimony * Futures up: Dow 17 pts, S&P 2 pts, Nasdaq 5 pts NEW YORK, May 22 (Reuters) - U.S. stock index futures edged up in thin trading Wednesday, ahead of highly...Tags: Federal Reserve, NASDAQ, Money and Monetary Policy, S&P 500, Ben Bernanke
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Futuros de acciones de EEUU suben a la espera de testimonio de Bernanke
ReutersNUEVA YORK, mayo 22 (Reuters) - Los futuros de las acciones estadounidenses subÃan el miércoles en medio de pocas operaciones antes de un esperado testimonio frente al Congreso del presidente de la Reserva Federal, Ben Bernanke, respecto a la economÃ...Tags: S&P 500, Ben Bernanke, Goldman Sachs Group, Inc., Stock Market
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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: Cisco Systems Inc., Cimarex Energy Company, The Home Depot, EOG Resources Incorporated, Apache Corporation
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BRIEF-Saks jumps 19 percent in extended trading
ReutersNEW YORK, May 21 (Reuters) - Saks Inc : * Jumps 19 percent in extended trading -
Saks shares rise on report it hired Goldman for strategic options
ReutersNEW YORK, May 21 (Reuters) - Shares of Saks Inc climbed higher Tuesday after the New York Post reported that the luxury department store chain hired Goldman Sachs to explore strategic alternatives, including a possible sale, citing a source briefed on...Tags: Goldman Sachs Group, Inc.
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Saks hires Goldman to explore options, possible sale
ReutersSaks Inc. reportedly has hired Goldman Sachs to explore strategic alternatives, including a possible sale. The New York Post, citing a source briefed on the matter, said Tuesday that the luxury department store chain, is looking at options including a...Tags: Goldman Sachs Group, Inc.
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The day ahead in business May 21
Earnings: Autozone Inc., Best Buy Co., Burberry Group Plc, Dick's Sporting Goods Inc., Home Depot Inc., Intuit Inc., Medtronic Inc., Red Robin Gourmet Burgers Inc., Saks Inc., TJX Cos. Annual meetings: Allstate Corp., Mondelez International Inc., Old...
Tags: Intuit Incorporated, Allstate Corp., Red Robin Gourmet Burgers Incorporated, Stericycle Incorporated, Dick's Sporting Goods Incorporated
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BRIEF-Saks shares up 2.2 percent in premarket trade after results
ReutersNEW YORK, May 21 (Reuters) - Saks Inc : * Shares up 2.2 percent in premarket trade after results -
Saks first-quarter same-store sales beat estimates
ReutersMay 21 (Reuters) - Saks Inc on Tuesday reported higher than expected first-quarter sales, but it warned that investments to launch an e-commerce site for its outlet chain would weigh more on profits than expected. Saks reported a profit of $20 million,...
May 24, 2013
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