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Focus Media Shares Hit New High On Q4 Results

Shares of Focus Media Holding Ltd. (FMCN) touched a new 52-week high of $30.27 on Wednesday. The company reported Tuesday higher fourth quarter adjusted earnings as revenue in LCD display (including the movie theater network), in-store and poster frame business increased 45 percent.
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Europe stocks, euro hit by Spain downgrade

European stocks and the euro retreated on Thursday after Moody's downgraded Spain, reigniting worries over the euro zone debt crisis, while ongoing violence in Libya kept Brent crude hovering around $116.
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Rio Tinto sweetens Riversdale bid to break stalemate

Global miner Rio Tinto raised its offer for Mozambique-focused coal miner Riversdale Mining to $3.9 billion in a final bid to woo key shareholders who have held up the deal and gain control of coveted coal assets.
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International Women’s Day 2011 Events [PHOTOS]

Each year, on March 8, women around the world celebrate International Women’s Day. In 2011, women (and some men) in over 100 countries celebrated this holiday. It was a well-received and joyous event in most places.
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IBM helps Dow but chip sector hurts Nasdaq

The Dow rebounded on Wednesday with a jump in IBM's stock on its 2015 outlook, but the Nasdaq fell as a weaker-than-expected earnings target from Texas Instruments weighed on the chip sector.
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Nokia shares up after Symbian sales commitment

Nokia Oyj reinforced its commitment to its legacy Symbian platform on Wednesday, easing concerns it could face an awkward gap until the launch of new products under its planned Microsoft venture.
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US stocks open lower as oil weighs

US stocks opened lower in early trade on Wednesday, with S&P 500 Index losing 4.68 points, or 0.35 percent, to trade at 1,317.14 at 09:50 a.m. EST. The Dow Jones Industrial Average is down 24.71 points, or 0.20 percent, to trade at 12,189.67. The Nasdaq Composite Index fell 0.61 percent to trade at 2,750.45.
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Stocks set for lower open on oil and Portugal debt

Stocks were poised for a lower open on Wednesday, with oil prices edging higher on continued turmoil in Libya, and as a bond auction in Portugal failed to ease concerns the country would need a bailout.
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Futures edge higher as oil holds steady

Stock index futures edged higher on Wednesday as oil prices held steady after an OPEC official said the group saw no need for a meeting to discuss raising output even as turmoil in Libya continued.

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