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Japan retail sales growth accelerates, offering signs of recovery

a shared story    4 days 4 hours 16 minutes ago
TOKYO (Reuters) - Japanese retail sales growth accelerated for the third straight month in September in an encouraging sign that consumer spending could be strong enough to absorb a second sales tax increase scheduled for next year.  



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Japan Sept retail sales rise 2.3 percent year-on-year

a shared story    4 days 5 hours 16 minutes ago
TOKYO (Reuters) - Japanese retail sales rose 2.3 percent in September from a year earlier, government data showed on Tuesday, suggesting consumer spending is gradually picking up.  



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Twitter grows users but shares slide

a shared story    4 days 6 hours 16 minutes ago
Twitter has reported a doubling in sales and a 23% increase in the number of active users of its micro-blogging site for the third quarter. 



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DealBook: For Spanish Lenders, What a Difference Two Years Make

a shared story    4 days 6 hours 16 minutes ago
Spanish officials welcomed the results of European stress tests, which indicated that the country’s banking sector had returned to good health after it was close to collapse in 2012. 



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3Q user growth hits Twitter stock after-hours

a shared story    4 days 7 hours 16 minutes ago
NEW YORK (AP) -- Twitter's third-quarter revenue outpaced expectations, but investors concerned about user growth and holiday-quarter sales clipped the company's stock price late Monday.... 



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How the Dow Jones industrial average fared Monday

a shared story    4 days 7 hours 16 minutes ago
U.S. stocks closed mixed on Monday as the price of oil slipped and more disappointing news on the global economy emerged.... 



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Amgen profit tops Wall Street expectations; raises 2014 forecast

a shared story    4 days 9 hours 16 minutes ago
(Reuters) - Amgen Inc on Monday reported higher-than-expected third quarter profit and revenue, helped by strong demand for its white blood cell booster, Neulasta, and increased sales of newer drugs, and the company raised it full-year forecast.  



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Asset sales loom as Monte dei Paschi seeks to fill capital hole

a shared story    4 days 12 hours 16 minutes ago
MILAN/LONDON (Reuters) - Italy's Monte dei Paschi di Siena is likely to have to sell assets to fill a capital hole uncovered by European regulators, with shareholders reluctant to stump up cash after a recent fundraising and would-be buyers of the bank holding back.  



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Under full capital rules, 36 EU banks would have flunked test

a shared story    4 days 12 hours 17 minutes ago
LONDON (Reuters) - Europe's banking health check has shown countries and lenders are implementing global capital rules at vastly different speeds, and 36 firms would have failed if new capital rules were fully applied.  



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Merck Revenue Sags 4% in Third Quarter

a shared story    4 days 13 hours 16 minutes ago
The pharmaceutical company’s earnings beat expectations, however, helped by sales of the diabetes drug Januvia and revenue in emerging markets. 



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US stocks slip as oil prices continue to languish

a shared story    4 days 13 hours 17 minutes ago
NEW YORK (AP) -- Energy companies are tugging U.S. stocks lower at midday as the price of oil slips.... 



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Detroit makes final arguments to exit bankruptcy

a shared story    4 days 14 hours 16 minutes ago
DETROIT (AP) -- The city of Detroit made its final argument Monday to get out of bankruptcy, saying creative deals with creditors and other key factors have put it in position to scrub its books less than 16 months after filing the largest public case in...(more) 



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