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Updated: 19 min 37 sec ago

U.S. Jobless Claims Fall To Near Four-Month Low

Thu, 03/27/2014 - 8:29am
Claims for first-time jobless benefits unexpectedly fell last week, touching the lowest level in four months, suggesting strength in the labor market.
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Accenture raises full-year profit forecast

Thu, 03/27/2014 - 8:18am
Accenture Plc, recently chosen as the lead contractor for the Obamacare enrollment website, raised its full-year profit forecast and the lower end of its revenue forecast.
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Yum Brands Plans KFC Makeover In China Market

Thu, 03/27/2014 - 8:18am
Yum Brands Inc's fast food chain KFC is rewriting its menu and launching a publicity drive as it struggles to emerge from the shadow of a food safety scare in 2012 and see off rivals luring diners with innovative, home-grown fare.
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Sony To Book $49 Million Profit From Tokyo Property Sale

Thu, 03/27/2014 - 8:16am
Sony Corp said on Thursday that it would book about a 5 billion yen ($48.9 million) profit in the next fiscal quarter on the sale of Tokyo property, its second disposal announced this month as it sheds assets under a turnaround plan.
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RBS to Resubmit Capital Plan After Fed Objection

Thu, 03/27/2014 - 8:11am
Royal Bank of Scotland <RBS.L> said it would resubmit the capital plans for its U.S. business Citizens after it was one of three foreign banks who had plans rejected by the U.S. Federal Reserve.
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H&M Misses Profit Forecast As Fashion Battle Heats Up

Thu, 03/27/2014 - 8:09am
Hennes & Mauritz, the world's No.2 fashion retailer, missed first-quarter profit forecasts as it invested to catch up with rivals online in an increasingly competitive budget clothing market.
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Coming Up: Revised GDP, Jobless Claims

Thu, 03/27/2014 - 8:00am
U.S.economic growth in the fourth quarter is likely to be revised higher and weekly jobless claims are forecast to hold steady, according to economists polled by MarketWatch.
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U.S. Treasury Announces Ally Financial IPO

Thu, 03/27/2014 - 7:53am
The Treasury Department announced Thursday that it has started the process of an initial public offering of Allly Financial Inc. common stock.
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German Strike Grounds Lufthansa Flights

Thu, 03/27/2014 - 7:53am
A strike by German airport workers on Thursday has grounded more than 500 flights in Frankfurt, with Munich, Hamburg, Dusseldorf, Cologne-Bonn, Stuttgart and Hannover also affected, media reports said.
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Baxter to Split Itself into Two Companies

Thu, 03/27/2014 - 7:50am
Baxter will create two separate health care companies: One to develop biopharmaceutical drugs, the other to create life-saving medical products.
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Lululemon Reports Steady Profit, Higher Revenue

Thu, 03/27/2014 - 7:41am
Lululemon Athletica Inc. reported its fourth-quarter profit was virtually unchanged, inching up to $109.7 million from $109.4 million a year ago.
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IMF Agrees $14-18 Billion Bailout For Ukraine

Thu, 03/27/2014 - 7:21am
The International Monetary Fund has agreed a $14-18 billion two-year bailout for Ukraine, a deal to help it recover from months of turmoil that will also unlock further credits making a total of $27 billion.
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Accenture Revenue Misses Estimates On Lower Consulting Demand

Thu, 03/27/2014 - 7:17am
Accenture Plc, recently chosen as the lead contractor for the Obamacare enrollment website, reported a smaller-than-expected 1 percent rise in quarterly revenue due to lower demand in its consulting business.
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Factbox:Top 10 Japan M&A advisors by deal value

Thu, 03/27/2014 - 6:33am
The following is a table ranking financial advisors in Japanese M&A deals in the year from April 1, 2013.
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Fashion Retailer H&M Drags European Markets Lower

Thu, 03/27/2014 - 5:43am
Tumbling shares of fashion retailer H&M, along with weakness in the bank sector, left European markets in the red on Thursday.
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European Stocks Decline As Russian Worries Return

Thu, 03/27/2014 - 4:35am
European stocks fell when trading opened Thursday, with concerns about Russia resurfacing after the U.S. called for more economic sanctions against the country over its annexation of the Crimea.
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Fed's Bullard: Financial Stability Concerns Loom Large

Wed, 03/26/2014 - 11:33pm
St. Louis Federal Reserve Bank President James Bullard said Thursday that the key risk for U.S. economy would be a bubble forming as the central bank removes monetary-policy accommodations, while he also raised concerns about financial stability in the U.S. economy.
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Ergen says LightSquared could be worth $8.9 billion

Wed, 03/26/2014 - 7:00pm
Dish Network Corp Chairman Charles Ergen, the largest creditor of bankrupt wireless company LightSquared, said on Wednesday he believed LightSquared could be worth as much as $8.
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S&P wants to split up $5 billion U.S. ratings lawsuit

Wed, 03/26/2014 - 6:24pm
Standard & Poor's asked a federal judge to split up the U.S. government's $5 billion civil fraud lawsuit accusing it of lying about its credit ratings, saying it would be unfair to have to defend against a case of such "unmanageable scope" all at once.
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Energy Future Trying To Reach Debt-Restructuring Deal

Wed, 03/26/2014 - 6:15pm
Texas power generator Energy Future Holdings Corp is in last-minute talks with creditors to reach a debt-restructuring deal and may consider delaying the filing of its annual report, two sources told Reuters.
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