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By Michelle Jamrisko, Bloomberg |
January 11, 2013
The trade deficit unexpectedly widened in November as American retailers stocked up on imported goods for the holidays and demand for foreign automobiles rebounded following superstorm Sandy.
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By Stephen Kirkland and Michael P. Regan, Bloomberg |
January 9, 2013
Stocks rose, snapping a two-day slide, amid optimism that U.S. corporate earnings will extend a third straight year of growth. The yen weakened on speculation the Bank of Japan will expand stimulus.
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By Sonja Elmquist, Bloomberg |
January 9, 2013
Alcoa Inc., the largest U.S. aluminum producer, sees global demand growth for the commodity recovering to 7% in 2013 as China’s economic rebound drives demand for cans, transport and office buildings.
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By Nikolaj Gammeltoft and Alexis Xydias, Bloomberg |
January 7, 2013
Speculators are abandoning money-losing positions that stocks with the closest links to the U.S. economy will fall as America’s most-hated shares stage the best rally in a year relative to the broader market.
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By Michael Shanahan and Nikolaj Gammeltoft, Bloomberg |
December 19, 2012
U.S. stocks fell, pulling the Standard & Poor’s 500 Index down from a two-month high, as federal budget negotiations deteriorated. Global equities reached a 17-month high and the euro rose as German business confidence grew.
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By Inyoung Hwang, Bloomberg |
October 10, 2012
U.S. stocks fell, extending losses in the Standard & Poor’s 500 Index to a fourth day, as Alcoa Inc.’s forecast fueled concern over corporate earnings and global economic growth.
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By Sonja Elmquist, Bloomberg |
October 9, 2012
Alcoa Inc., the largest U.S. aluminum producer, posted third-quarter earnings and sales that exceeded analysts’ estimates after reporting improved productivity at its primary metals and engineered-products units.
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By Nikolaj Gammeltoft and Amanda Gould, Bloomberg |
September 17, 2012
U.S. stocks fell, after the Standard & Poor’s 500 Index rallied to its highest level since 2007, as European finance chiefs deadlocked at debt-crisis talks and New York area manufacturing slumped.
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By Inyoung Hwang, Bloomberg |
August 23, 2012
U.S. stocks fell, as the Standard & Poor’s 500 Index headed toward its first weekly decline in almost two months, amid concern European leaders aren’t making progress in solving the region’s debt crisis.
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By Inyoung Hwang, Bloomberg |
August 13, 2012
The Standard & Poor’s 500 Index fell for the first time in seven days, ending the longest streak of gains in 20 months, as Japan’s economy grew less than forecast and Bank of America Corp. cut its outlook for Chinese growth.