MARKETS / FINANCE

Stock futures mixed ahead of data, earnings

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Stock futures were mixed on Thursday ahead of leading indicator and jobless data and a slew of big corporate earnings reports, including UPS, Amazon.com, 3M, Dow Chemical and Merck.

RPT-Fed's Rosengren: Economy to grow reasonably in Q3, Q4

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The U.S. economy will grow reasonably in the second half of this year, but the Federal Reserve needs to see more progress before taking some of its economic support away, Eric Rosengren, the president of the Boston Fed said on Thursday.
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Fed's Rosengren: Economy to grow reasonably in Q3, Q4

The U.S. economy will grow reasonably in the second half of this year, but the Federal Reserve needs to see more progress before taking some of its economic support away, Eric Rosengren, the president of the Boston Fed said on Thursday.
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International Oil Data Gaps

In a supplement to the October 2009 Short-Term Energy Outlook, the Energy Information Administration (EIA) analyzed the inherent volatility of energy prices by looking at the options market. This supplement was the first product under the EIA's Energy and Financial Markets Initiative launched in September. The Initiative is aimed at examining all the variables that affect energy prices and price volatility.
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Weak commods, banks pull FTSE down 1 pct

Britain's top share index shed 1 percent by midday on Thursday, suffering a broad-based sell-off after disappointing earnings news from the U.S., with energy stocks the biggest laggards as crude fell.
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Stock futures slightly lower ahead of data

U.S. stock index futures dipped on Thursday ahead of leading indicator and jobless data and a slew of big corporate earnings reports, including American Express, Amazon.com, Dow Chemical and Merck.
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Russia drops $22.5 billion suit vs BONY

Russia has dropped its $22.5 billion lawsuit against Bank of New York Mellon , in line with an earlier request by the country's Customs Service, a judge said on Thursday.
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Credit Suisse upbeat after topping Q3 forecasts

Credit Suisse Group AG said it was upbeat about its prospects after exceeding third-quarter net profit forecasts by a wide margin thanks to a solid investment banking performance and good client inflows.
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Executive hiring in Asia improves sharply: survey

Job prospects for executives at multinationals in Greater China and Singapore have improved sharply in the past three months amid growing optimism that Asia's recovery from the global recession will be sustainable, a quarterly survey showed on Thursday.
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Microsoft mulls new corporate software: Acer

Microsoft is working on a new operating system that will be targeted at corporate customers, Acer's chairman said on Thursday, as the software giant launches its next-generation Windows 7.
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Acer sees revenue almost doubling in 3 yrs -chairman

Acer Inc, the world's No. 2 PC maker, expects revenue to grow about 70 percent to $30 billion in three years, helped by growth in the PC and handheld devices sector, the company's chairman said on Thursday.
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JAL's net loss may balloon to $5.5 billion: media

Japan Airlines' net loss may balloon to about 500 billion yen ($5.5 billion) for the year to March as the heavily indebted carrier, Asia's largest by revenue, plans to book hefty restructuring charges, the Yomiuri newspaper reported on Thursday.
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Windows 7 hits shelves in Australia

The world's first copy of Microsoft's new operating system, Windows 7, has been bought by an Australian early on Thursday morning, ninemsn reported.
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Google suspends Market Street Partners

Google Inc has suspended the services of investor relations firm Market Street Partners -- the tiny firm federal investigators said tipped off hedge fund traders on Google's 2007 earnings.
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Chinese growth quickens in Q3, as expected

China's economic growth picked up as expected last quarter as a potent cocktail of breakneck investment and buoyant bank lending more than made up for a slump in exports, the government said on Thursday.
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Daily Forecast 22/10/2009

The Aussie dollar held on to 0.9190 during European exchange with this level becoming somewhat of a key short term technical support as it was the third time in 24 hours the AUD bounced from there.
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Microsoft, Google seal Twitter search deals

Microsoft Corp and Google Inc secured separate agreements to access real-time content from Web phenomenon Twitter, intensifying their battle for a search market that Google dominates.
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Key U.S. lawmaker backs FCC on eve of Web rule

A key U.S. lawmaker threw his support behind the Federal Communications Commission's open Internet proposal, despite renewed protests from telecom companies including Verizon on Wednesday.
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EBay holiday outlook disappoints, shares down

EBay Inc forecast results for the fourth quarter at the low end of Wall Street estimates, disappointing investors who were hoping for a substantial turnaround for the holidays, and its shares down 5 percent.
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Lam Research posts Q1 profit, sees strong Q2 revenue

Chip gear maker Lam Research Corp posted a surprise profit as it cut costs and benefited from strong shipments, and forecast second-quarter revenue above analysts' expectations, sending its shares up 4 percent.
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VMware results top estimates, shares rise

U.S. business software maker VMware Inc posted higher-than-expected quarterly results on Wednesday due to strong sales to the federal government and gave a revenue forecast that beat Wall Street estimates.
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Microsoft, Google snag Twitter search deal

Microsoft Corp and Google Inc have sealed separate agreements to access real-time content from Web phenomenon Twitter, intensifying their battle for a search market that Google now dominates.
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Czar poised to slash cash pay at seven firms

The Obama administration plans to order that top earners at firms that received billions of dollars in government bailouts will see cash payouts cut by an average of about 90 percent from last year, a source familiar with the matter said on Wednesday.
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Pay czar expected to cut payouts by 90 percent: source

The Obama administration plans to order that the top earners at firms which received billions of dollars in government bailouts will see their cash payouts cut by an average of about 90 percent from last year, a source familiar with the matter said on Wednesday.

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