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Moody’s says the EU debt crisis threatens the sovereign ratings of all nations in the region. (Reuters) Three large BSkyB shareholders will vote against James Murdoch staying on as chairman....
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Facebook hit by a bug that put porn and graphic violence images onto many pages. (Reuters) Apple (NASDAQ: AAPL) names Walt Disney (NYSE: DIS) CEO Robert Iger to its board. (Reuters) Dell (NASDAQ:...
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Japan’s GDP grew at 1.5% in the quarter that ended in September. It is an impressive figure and one that shows the Asia nation’s economy has rebounded faster than expected. To keep the momentum,...
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Japan has a corporate scandal all of its own, proof the larceny and bad management are without borders. An investigation into hundreds of million of dollars in concealed losses at Olympus has caused...
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Updated throughout the day. Citigroup (NYSE: C) has sold EMI’s record business to Vivendi Universal and its publishing business to a group which includes Sony (NYSE: S) Facebook is near a privacy...
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The realm of global geopolitics is going beyond nerve-racking in many instances. It is not just the U.S. that is being held hostage by Europe as Japan has a pricey Yen against the Dollar and the...
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Amazon.com (NYSE: AMZN) has set the price of the Kindle Fire so low that many analysts believe each unit sold will lose money for the e-commerce company. Amazon will offer free shipping as well. This...
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Media producer Time Warner Inc. (NYSE: TWX) this morning posted adjusted EPS of $0.79 on $7.07 billion in revenues. Consensus estimates called for EPS of $0.76 on revenues of $6.97 billion. The...
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Germany’s PMI contracts. Germany’s PMI contracted for the first time since September 2009, and to the lowest level since July 2009 — in the midst of the recession. This signals that the...
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George Papandreou convinces the Greek cabinet of the virtues of a national referendum on budget cuts, but he now faces the leaders of France and Germany. (Reuters) The FBI may investigate the fall of...
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Sony (NYSE: SNE) has made another in a long line of disappointing announcements about earnings. This one should cost chairman and CEO Sir Howard Stringer his job. He has been a failure as chief...
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In 1999, about 92% of $13.2 billion in home entertainment spending went to VHS tapes.That percentage fell to zero in 2009. In 2010, spending on DVDs, Blu-Ray discs, and streaming video totaled $18.8...
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Last week Sony Corp. (NYSE: SNE) said it would buy out the 50% stake in Sony Ericsson owned by its partner L.M. Ericsson Telephone Co. (NASDAQ: ERIC) for about $1.46 billion. The joint venture has...
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Sony (NYSE: SNE) has decided to buy out its 50% partner in the Sony Ericsson smartphone joint venture. That is another bad decision, one that will cost the Japanese company in money and reputation....
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