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Supervalu profit beats, shares surge

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Supervalu Inc , the third-biggest U.S. supermarket chain by sales, said Thursday that more effective promotions fueled quarterly profit that topped its own expectation, and shares surged 13 percent.

Sony and MGM team up for next James Bond films

The LA Times is reporting that Metro-Goldwyn-Mayer and Sony Pictures have come to an agreement to partner on the next two James Bond movies. Within this agreement there is also potential to co-finance other pictures over the next five years.
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Toshiba CEO plans to overcome supply chain woes in H2

Japan's Toshiba Corp said on Thursday it expects its operations to recover in the second half of this financial year after being hit by supply chain disruptions in the wake of the March 11 earthquake and tsunami.
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U.S. probes whether banks colluded in Libor: report

U.S. regulators are probing whether some major banks colluded to manipulate a global benchmark interest rate before and during the financial crisis, the Wall Street Journal reported, citing people familiar with the situation.
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Global Markets Overview 04/14/2011

US stocks ended slightly higher on Wednesday after President Barack Obama detailed his plans for cutting the deficit and the Federal Reserve reported encouraging news on the economy.
Traders work on the floor of the New York Stock Exchange

World Market Update 04/14/2011

US stocks ended slightly higher on Wednesday after President Barack Obama detailed his plans for cutting the deficit and the Federal Reserve reported encouraging news on the economy.
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Stock futures signal weak start for Wall Street

Stock index futures pointed to a slightly weaker start for Wall Street on Thursday, with futures for the S&P 500, Dow Jones industrial average and Nasdaq down 0.1 to 0.2 percent by 0847 GMT.
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Dollar at low, world stocks weaker

The dollar sank to a 16-month low against a basket of currencies on Thursday as investors bet U.S. monetary policy would continue to be loose, while a report that Chinese inflation will rise dragged on equities.
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Fed, ECB policymakers urge policy normalization

Top U.S. and European central bank officials agreed on Wednesday their institutions must withdraw some of the extraordinary support they provided to help their economies recover from a deep crisis.
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Lehman, creditors agree on plan approval timeline

Lehman Brothers Holdings Inc on Wednesday agreed to put creditors' competing restructuring plans on the same timeline for court approval as its own plan, but reserved the right to raise future objections.
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World Market Overview 04/14/2011

The Australian share market pared early losses to close around 0.2 per cent higher, as investors snapped up bank stocks and other cyclicals with attractive dividend yields.
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Economy improving but energy costs weigh: Fed

The U.S. economy continued to improve over the past month on gains in manufacturing but firms are feeling the effects of higher energy and raw material costs, the Federal Reserve said on Wednesday.

Obama, Republicans Diverge Sharply on Future Spending Cuts

President Barack Obama on Wednesday proposed spending cuts for the years ahead that are much smaller than the Republican proposal a week ago. Obama called for $2 trillion in reduced spending over the next 12 years. House Republicans last week proposed $5.8 billion in cuts to federal spending over the next 10 years.

Jennifer Lopez named the most beautiful woman

The 41-year-old actress and judge of American Idol topped the magazine's list of most attractive humans, beating out other beauty sensations such as Halle Berry, Jennifer Garner and Beyoncé Knowles.

Who Holds US Debt? (And Why This Question is Important)

US Treasuries holders’ ability and willingness to buy more Treasuries or decision to sell existing holdings will determine the long-term interest rates of the US government, which in turn influences the cost of capital for the US private sector.

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