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US Stocks Fall, Oil Rout Continues
Markets in the US continued its steep decline on Friday on the back of the plunging oil prices which continue their momentous fall breaking below levels not seen since 2009. Reports from China also...
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How Protected is JPMorgan Chase & Co. From Russian Turmoil?
The current turmoil in Russia is being seen as a huge negative for banks like JPMorgan Chase & Co. (NYSE:JPM). Many analysts believe that the risk of a default risk and a spread of a contagion...
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PetSmart, Inc. (NASDAQ:PETM) to be Acquired for $8.2 billion: Shareholders...
PetSmart, Inc. (NASDAQ:PETM)is about to get a new owner in what is being considered to be the biggest private equity deals o 2014. The pet products retailer is being acquired for $8.2 billion. The...
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JPMorgan Chase & Co Finds Point of Breach: All Systems Updated
JP Morgan Chase & Co. (NYSE:JPM) reported yesterday that the entry point for the computer breach the bank faced earlier this summer has been found. According to security experts it is being said...
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Gold Prices Higher In Asian: Safe Haven Buying Seen
Gold prices were higher in the Asian morning session trading well above the $1186 support level which is being seen as a huge positive. The rally in gold prices was on the back of safe haven buying on...
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Euro Sinks to 9 Year Lows: Grexit Viewed
The Euro sank to a 9 year low in early Asian morning session which is being seen as a huge negative for the currency in the near term. The Euro broke below the $1.20 level which it had taken support at...
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Crude Plummets to 5 ½ year lows: Supply Glut Seen as Reason
Oil prices hit a fresh 5 year low in early morning Asian trade with crude futures breaking below the $52 level which is being seen as a huge negative. The weakness is on the back of concerns that the...
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American Airlines Group Inc (NASDAQ:AAL) Reached Deal With Pilot Union: Huge...
The Pilot unions at American Airlines have decided to put up for vote a 5 year contract proposal that would boost wages by 26 percent and offer smaller proportionate increase in consequent years. The...
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CES 2015 to Kick Off In Las Vegas: The Internet Of Things Main Focus
The world’s largest Consumer electronic fair would kick off in Las Vegas later this week with most tech buffs travelling to Sin-City with great expectations of what the tech-world has to offer. The...
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Global Bond Yields Hit Lowest Level since 1996
A gauge of global bond yields approached the all time low of 1.29 percent as investors sought safe haven under treasuries and bonds as the Euro tumbled. Many believe that stimulus measures taken by the...
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