Archive for November 4th, 2008

Wall Street jumps in record Election Day rally (Reuters)

Tuesday, November 4th, 2008
Reuters - Stocks rose in the biggest Election Day rally ever on Tuesday, as investors looked forward to the end of the uncertainty surrounding the long fight for the White House, and as energy companies' shares followed oil prices higher.
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Yahoo-Google deal may founder, analyst says

Tuesday, November 4th, 2008
SAN FRANCISCO (Reuters) - The new search advertising deal between Yahoo Inc and Google Inc is unlikely to win US antitrust approval, and therefore may open the door to a new bid for Yahoo from Microsoft Corp, an analyst said on Tuesday.
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UPDATE 1-Blue Nile net profit penny below Wall Street view

Tuesday, November 4th, 2008
SAN FRANCISCO, Nov 4 (Reuters) - Online jewelry retailer Blue Nile Inc (NILE.O: Quote, Profile, Research, Stock Buzz) posted a fall in net profit on Tuesday amid lower US sales and the company declined to provide a fourth-quarter outlook, ...
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Wall Street ends higher as campaign's end brings relief

Tuesday, November 4th, 2008
NEW YORK (Reuters) - Stocks rose in an Election Day rally on Tuesday, as investors looked forward to the end of the uncertainty surrounding the long fight for the White House, and as energy companies' shares followed oil prices higher.
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Dell asks workers to take unpaid leave in latest cost-saving effort

Tuesday, November 4th, 2008
A memo to all employees at Dell Inc. outlining the company’s latest effort to cut costs asks workers to consider taking up to five days of unpaid time off to help prevent more layoffs.
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Boeing Delays Test Flight of New Dreamliner

Tuesday, November 4th, 2008
By MICHELINE MAYNARD The Boeing Company said Tuesday that its new long-range airplane, the Boeing 787, would not make its first test flight this year because of delays caused by a strike of the machinists union.
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Archer Daniels net doubles on higher grain prices

Tuesday, November 4th, 2008
By Christopher Hinton, MarketWatch NEW YORK (MarketWatch) -- Archer Daniels Midland Co. on Tuesday reported its fiscal first-quarter earnings more than doubled, thanks to a strong performance in its oilseeds processing business and a significant ...
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Dell to implement more cost-cutting measures: WSJ

Tuesday, November 4th, 2008
By Sue Chang , , ) plans to implement further cost-cuting measures in addition to steps it had announced a year ago, the Wall Street Journal reported Tuesday in its online edition.
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Version of Byetta May Face Delay

Tuesday, November 4th, 2008
By KEITH J. WINSTEIN The Food and Drug Administration isn't satisfied with data supporting a once-weekly version of the diabetes drug Byetta, suggesting introduction of the longer-lasting medicine will be delayed.
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Dell Lays Out More Cost-Cutting

Tuesday, November 4th, 2008
By DON CLARK Dell Inc., which is just completing previously announced cost-cutting plans, has decided it needs to do more. The big computer maker this week is laying out a series of new actions to reduce spending, including a hiring freeze, ...
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