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04 May 2005 07:40 AM
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China’s textile exports to Europe to be stemmed:
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A surge in Chinese textile exports to Europe would be stemmed till July, China said after France claimed the exports harm its economy.
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04 May 2005 06:53 AM
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Marsh&McLennan 1Q profit fell 70%:
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Marsh & McLennan reported on Tuesday that its first-quarter profit fell 70%.
Profit tumbled to $134 million, or 25 cents per share, from $446 million, or 83 cents per share, last year. Excluding
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04 May 2005 06:34 AM
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DEUTSCHE BANK CUT UBS TO "HOLD" FROM "BUY":
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DEUTSCHE BANK CUT UBS TO "HOLD" FROM "BUY"
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04 May 2005 06:32 AM
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J.P. MORGAN RAISED FRANCE TELECOM TO "NEUTRAL" FROM "UNDERWEIGHT":
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J.P. MORGAN RAISED FRANCE TELECOM TO "NEUTRAL" FROM "UNDERWEIGHT"
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04 May 2005 06:31 AM
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ERICSSON TO CUT 250 JOBS IN CDMA UNIT:
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ERICSSON TO CUT 250 JOBS IN CDMA UNIT
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04 May 2005 06:29 AM
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Time Warner 1Q results topped expectations:
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Time Warner, the world’s largest media company, reported on Wednesday its first-quarter results.
Profit rose to $963 million, or 20 cents a share, from $961 million, or 20 cents, in the previous year. Revenue increased 3% to $10.48 billion. Analysts were expecting $10.3 billion.
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04 May 2005 05:58 AM
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Credit Suisse first-quarter profit rose to the highest level in two years:
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Credit Suisse Group, the second-largest Swiss bank, reported today that its first-quarter profit rose to the highest level in two years.
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03 May 2005 02:20 PM
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The Federal Open Market Committee increased its main interest rates by 0.25% to 3%:
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The Federal Open Market Committee increased its main interest rates by 0.25% to 3%. The committee once again concluded that its monetary policy stance remains accommodative and that rates could
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03 May 2005 02:14 PM
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MARKET SNAPSHOT: EUROPEAN EQUITIES:
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The Dax Index added 21.52 points, or 0.51% to 4245.54, the FTSE 100 Index rose 59.50 points, or 1.24% to 4861.20, the CAC 40 Index climbed 17.16 points, or 0.44% to 3955.93.
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03 May 2005 11:13 AM
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EU bond trading transparency needs to be improved:
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A study by the Bond Market Association (BMA) has found that transparency in trading of European Union government bonds has reached the necessary level, but trading in corporate bonds still lags behind. Anyway, transparency
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03 May 2005 10:27 AM
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Would yuan change its spots soon?:
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The yuan, Chinese currency, may see tough times amid the speculations about the possible unpegging of renminbi that impacts the US economy.
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03 May 2005 10:16 AM
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CBOT plans to go public:
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Last week the Chicago Board of Trade confirmed the plan for a $150 million initial public offering later this year. This reflects the trend among US derivatives and stock exchanges to become for-profit institutions.
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03 May 2005 09:42 AM
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BEAR STEARNS RAISED DEUTSCHE BANK TO "OUTPERFORM" FROM "PEER PERFORM":
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BEAR STEARNS RAISED DEUTSCHE BANK TO "OUTPERFORM" FROM "PEER PERFORM"
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03 May 2005 09:39 AM
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FOMC MEETING BEGINS:
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FOMC MEETING BEGINS
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03 May 2005 08:41 AM
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LEHMAN BROS. CUT VERIZON COMM. TO "EQUAL WEIGHT" FROM "OVERWEIGHT":
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LEHMAN BROS. CUT VERIZON COMM. TO "EQUAL WEIGHT" FROM "OVERWEIGHT"
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