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Sandisk beats Street, on track despite Japan

SanDisk Corp's 19 percent revenue rise surpassed expectations after strong smartphone and tablet demand propped up first-quarter chip prices, as it reaffirmed hopes for a strong 2011 despite supply-chain tangles from Japan.
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Wall Street posts first positive week in three

U.S. stocks posted their first positive week in three as more healthy earnings news lifted Wall Street on Thursday, though gains were limited with another 180 S&P names due to report next week.
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AT&T: T-Mobile deal would up wireless services reach

AT&T Inc's $39 billion bid to buy Deutsche Telekom AG's T-Mobile USA would let it build high-speed wireless services for more than 97 percent of the United States, it said in a U.S. government filing on Thursday.
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Antigua says U.S. online poker shutdown was illegal

The United States violated global trade law by shutting down Internet gambling sites based in Antigua and elsewhere and prosecuting their owners, according to Antigua and Barbuda officials considering action in the World Trade Organization.
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Target store near Wal-Mart HQ gets top-level spies

When the guy who runs the rival store up the road drops in for a visit, a lot of shop talk can be expected -- especially if that guy is Wal-Mart Chief Executive Mike Duke and you are running the only Target store for miles around.
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Economy struggles for momentum, data shows

Factory activity in Middle Atlantic states braked sharply in April and the number of Americans claiming new jobless benefits fell less than expected, implying the economy was struggling to regain momentum.
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McDonald's warns of higher food inflation

McDonald's Corp forecast higher prices for beef, dairy and other items and said it would cautiously raise prices to keep attracting diners, who are grappling with higher grocery and gas bills.

U.S. sending armed Predator drones to Libya

U.S. Defense Secretary Robert Gates has stated that President Barack Obama approved the use of armed, unmanned Predator drone aircraft to assist the coalition military campaign in Libya.

Seinfeld cancels on Trump event after Obama comments

Famed television comic Jerry Seinfeld has pulled out of an event connected to Eric Trump, son of Donald Trump, because of the latter’s aggressive attacks on President Barack Obama, particularly his insistence that Obama was not born in the U.S., according to a report on CNN.
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Twitter challenge: Canada election rules face test

A ban on early broadcasting of election results that dates from the 1930s puts Canada on a collision course with social media like Twitter and Facebook, making a scofflaw of anyone who tweets too soon.
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NYSE board rejects Nasdaq, ICE bid

NYSE Euronext directors rejected as too risky and lacking value a sweetened takeover offer from Nasdaq OMX Group and IntercontinentalExchange , the second time in 11 days the board backed a lower bid from Germany's Deutsche Boerse AG .
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US stocks advance on earnings but data weighs

U.S. stocks advanced on Thursday as robust earnings from Apple, Morgan Stanley and General Electric lifted the market, but weaker-than- expected reports on jobless claims and Philadelphia Fed Manufacturing Index kept gains in check.
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Jury finds Mattel took MGA's Bratz trade secrets

A U.S. jury found Mattel Inc misappropriated trade secrets from MGA Entertainment relating to the Bratz doll line and awarded MGA $88.5 million in damages in what appears to be a stunning reversal of legal fortunes.

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