COMPANIES

Hennes & Mauritz Issues Gloomy Outlook

People shop in the newly opened Hennes & Mauritz (H&M) store in Moscow
World No.2 fashion retailer Hennes & Mauritz (HMb.ST) said a gloomy economic outlook would keep demand subdued this year and discounting to shift unsold stock, which led to a surprise drop in fourth-quarter profit, had continued into January.
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Angry Birds, the popular gaming service from game developer Rovio, is one of the most popular games on the planet. Rovio has plans to create animated tv shows among a variety of other merchandise to support the franchise. That has us wondering: Is Rovio the next Nintendo?
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Nokia Seen Struggling in Early Days for Windows Phone

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RIM Shares Bounce Back After Shuffle-Related Drop

Shares of Research In Motion rose 8.6 percent on Wednesday, rebounding after two days of declines on disappointment over the choice of an company insider as the BlackBerry maker's new chief executive.
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Honda Civic Hybrid Lawsuit: Did the Auto Giant Lie on MPG?

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J.C. Penney Permanently Slashing Prices by 40%

J.C. Penney Company Inc. (NYSE:JCP), run by Apple Inc.'s former retail chief, is permanently marking down all of its merchandise by at least 40 percent so that shoppers no longer have to wait for a sale to get the best bargain.
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High Speed Rail: 5 Things to Know About Proposals To Install it in the U.S.

President Barack Obama is on record as proposing a high-speed rail system that will, within 25 years, serve 80 percent of Americans. And Washington's 2012 budget shows the the president is putting his money -- or at least taxpayer money -- where his mouth is. Here is 5 things to know about the project.
Many don't like Facebook's new Timeline profiles, but luckily, there are a slew of add-ons and extensions that can restore the social network to its former glory.

Facebook Timeline: 10 Ways to Reverse the Changes

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The EPA is currently considering regulation of PFCs. parents might want to avoid microwave popcorn, and treatment of furniture, carpets and clothing with stain repellants to reduce their family's exposure to the chemicals.

PFC Chemicals Tied to Immune Issues in Kids

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Roche Offers $5.7B, Unsolicited, for Illumina

Roche Holding AG is offering $5.7 billion in cash to buy U.S. gene sequencing company Illumina Inc in an unfriendly takeover bid that marks a major play by the Swiss drugmaker into the gene technology field.

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