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Movie studios open their ears to online buzz

Hollywood is increasingly relying on Twitter and Facebook to gauge popular buzz on movies even before they come out, in a move reflecting the power of average filmgoers over once-mighty film critics and detailed surveys.

U.S. foreclosures fall for 2nd straight month

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U.S. mortgage foreclosure filings fell for a second straight month in September, but remained near a record high, amid ongoing and sweeping efforts to keep borrowers in their homes, a report released on Thursday showed.

Citigroup posts quarterly shareholder loss

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Citigroup Inc posted a quarterly loss to shareholders as it suffered $8 billion of credit losses, raising further questions about the future of the bank that is one-third owned by the U.S. government.
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Oil falls back under $75 after one-year high

Oil fell back below $75 a barrel from year-highs and reversed its sixth straight positive session on Thursday after European shares pared gains and the euro fell on disappointing Q3 earnings reports, traders said.
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FTSE down 0.1 percent ahead of U.S. bank results

Britain's top share index was 0.1 percent lower by mid-session Thursday, weighed on by weaker commodity stocks as metal prices fell, ahead of results from U.S. banks Citigroup (C.N) and Goldman Sachs (GS.N)
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GM says ready to join GM Daewoo rights offer

The chief executive of General Motors Co reiterated on Thursday that the U.S. automaker would join a rights offering by its struggling South Korean unit, but gave no hint whether GM would put in as much as the unit's biggest creditor wants.
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Flu drug Tamiflu boosts Roche sales in Q3

Roche beat forecasts with a 10 percent rise in third-quarter sales, helped by demand for Tamiflu due to the H1N1 swine flu pandemic, and the Swiss group now sees higher drug revenues for the full year.
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Asia shares hit 14-month highs; dollar slides

Asian shares rose to 14-month highs on Thursday after upbeat U.S. retail sales and earnings reports prompted a shift to riskier assets, pushing the U.S. dollar to a 14-month low and prompting Asian governments to step in to curb currency strength.
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Roche benefits from Tamiflu sales as Q3 shines

Roche's third-quarter sales rose 10 percent to 12.4 billion Swiss francs ($12.2 billion), helped by its cancer drugs and increased demand for flu medicine Tamiflu due to the H1N1 pandemic.
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Roche sales beat forecasts, ups Tamiflu guidance

Roche's third-quarter sales rose 14 percent to 12.4 billion Swiss francs ($12.2 billion), helped by its cancer drugs and beating expectations, and it upped its forecast for flu medicine Tamiflu.
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U.S. foreclosures fall 2nd straight month

U.S. mortgage foreclosure filings fell for a second straight month in September, but remained near a record high, amid ongoing and sweeping efforts to keep borrowers in their homes, a report released on Thursday showed.
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Asia shares hit 14-month peak, dollar slumps

Asian shares rose to 14-month highs on Thursday as upbeat retail sales and surprisingly bullish earnings reports in the United States buoyed risk appetite, pushing the U.S. dollar to a 14-month low.
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Trial lawyer defends Bear manager; U.S. cites lies

A lawyer for former Bear Stearns hedge fund manager Ralph Cioffi on Wednesday vigorously defended him against prosecution allegations he repeatedly lied to investors early in the financial crisis, describing as ridiculous one charge of insider trading.
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U.S. SEC to consider rules for dark pools Wednesday

U.S. securities regulators will consider next Wednesday proposals to shed more light on dark pools, or venues where stock trades are hidden from public view, a notice on the Securities and Exchange Commission's website said.

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