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By Rita Nazareth, Bloomberg |
December 14, 2012
U.S. stocks fell, extending yesterday’s drop, as a slump in Apple Inc. and the federal budget stalemate offset an increase in industrial production and data showing China’s manufacturing may expand at a faster pace.
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By Leslie Patton, Bloomberg |
December 14, 2012
Best Buy Co., the world’s largest consumer-electronics retailer, fell the most in two years after giving founder Richard Schulze more time to study the company and arrange financing for an offer to take it private.
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By Rita Nazareth and Susanne Walker, Bloomberg |
December 13, 2012
U.S. stocks fell, halting a six-day rally in the Standard & Poor’s 500 Index, as the standoff in federal budget negotiations overshadowed a drop in jobless claims and growth in retail sales.
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By Lynn Thomasson, Bloomberg |
November 23, 2012
U.S. stocks rose, sending the Standard & Poor’s 500 Index to its biggest weekly rally since June, the euro strengthened and oil climbed as German business confidence unexpectedly rose
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By Rita Nazareth and Adria Cimino, Bloomberg |
November 20, 2012
The Standard & Poor’s 500 Index fell, after yesterday’s rally, as Hewlett-Packard Co. tumbled and Federal Reserve Chairman Ben S. Bernanke said the central bank’s ability to offset headwinds is “not infinite.”
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By Rita Nazareth and Adria Cimino, Bloomberg |
November 20, 2012
U.S. stocks were little changed, following the biggest advance in two months in the Standard & Poor’s 500 Index, as a tumble in Hewlett-Packard Co. shares tempered data showing an unexpected increase in housing starts.
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By Chris Burritt, Bloomberg |
November 20, 2012
Best Buy Co., the consumer-electronics retailer being evaluated for a takeover by its founder, posted a $10 million fiscal third-quarter net loss as sales at established stores fell more than expected.
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By Rita Nazareth, Bloomberg |
October 25, 2012
U.S. stocks were little changed, with benchmark indexes trading near seven-week lows, as Americans signed fewer contracts than forecast to purchase previously owned homes and investors monitored earnings.
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By Jeff Kearns, Bloomberg |
August 29, 2012
The Federal Reserve said the U.S. economy continued to expand “gradually” in July and early August as improvement in housing and retail sales helped outweigh weakness in manufacturing.
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By Chris Burritt, Bloomberg |
August 27, 2012
Best Buy Co., the world’s largest electronics retailer, and founder Richard Schulze reached an agreement that will allow him to conduct due diligence in his effort to acquire the retailer.
