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Retail stocks fall on holiday shopping worries

NEW YORK, Dec. 1, 2008 (Reuters) — Key retail stocks fell on Monday as investors feared that deep discounts offered by U.S. stores during the year's first holiday shopping weekend could sap profits and would not save a bleak season. ...  > full story

Stocks eye dour jobs, shopping data

NEW YORK, Nov. 30, 2008 (Reuters) — Wall Street may struggle this week to build on its best weekly performance in almost 30 years as investors grapple with a raft of economic data, including the November jobs report, that will likely provide more evidence of a deep economic downturn. ...  > full story

Bill Gates raises stake in dealership AutoNation

DETROIT, Nov. 28, 2008 (Reuters) — Microsoft Corp co-founder Bill Gates has raised his stake in AutoNation Inc , the largest U.S. auto dealership group, to nearly 12 percent. ...  > full story

World stocks headed toward 6th session of gains

LONDON, Nov. 28, 2008 (Reuters) — Global stocks headed toward a sixth consecutive session of gains on Friday, although European shares were weak, as investors took some comfort from government moves to stimulate a deteriorating world economy. ...  > full story

Waste Management sees cut to fourth-quarter profit

NEW YORK, Nov. 26, 2008 (Reuters) — Waste Management Inc warned on Wednesday that fourth-quarter profit would be hurt more than previously expected by falling values of recycled commodities, which have dropped 30 percent to 60 percent from last year. ...  > full story

Banks want clarity soon on fair value accounting

WASHINGTON, Nov. 25, 2008 (Reuters) — Banks on Tuesday pleaded with regulators to immediately clarify fair value accounting rules and said failure to do so would negate the government's efforts to shore up the financial sector. ...  > full story

D.R. Horton loss wider, but shares up in broad rally

NEW YORK, Nov. 25, 2008 (Reuters) — D.R. Horton , the largest U.S. homebuilder, reported a wider quarterly loss on Tuesday but shares rose as homebuilders and the broader market extended rallies spurred by further government intervention in the financial sector. ...  > full story

Warner Music profit beats Wall Street view

NEW YORK, Nov. 25, 2008 (Reuters) — Warner Music Group Corp posted fiscal-fourth quarter earnings that beat Wall Street estimates even as its revenue fell slightly from a year ago. ...  > full story

NRG urges shareholders to reject Exelon bid

LOS ANGELES, Nov. 24, 2008 (Reuters) — NRG Energy Inc rejected Exelon Corp's $6 billion-plus takeover bid for the second time on Monday, saying the offer was too low. ...  > full story

Buffett to disclose more on derivatives

NEW YORK, Nov. 24, 2008 (Reuters) — Warren Buffett will provide more information on how his company Berkshire Hathaway Inc computes losses on derivatives, after the U.S. Securities and Exchange Commission asked for better disclosure. ...  > full story
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