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By David Biller, Bloomberg |
November 30, 2012
Brazil’s economy expanded in the third quarter at half the pace forecast by economists, as government stimulus efforts fail to revive investment that fell for the fifth straight period. Rate futures plunged.
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By Mary Childs, Bloomberg |
November 7, 2012
Wall Street’s credit-derivatives traders, who before the financial crisis commanded $2 million of annual pay, are being replaced by machines as banks cut costs and heed new regulations.
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By Craig Trudell, Bloomberg |
October 2, 2012
Chrysler Group LLC reported a 12 percent increase in U.S. sales in September, bolstering Chief Executive Officer Sergio Marchionne’s view that the country’s economic recovery remains “quite strong.”
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By Craig Trudell, Christian Wuestner and Mathieu Rosemain , Bloomberg |
September 27, 2012
General Motors Co. said Europe’s car industry will remain unprofitable at current vehicle pricing levels, while Volkswagen AG said some competitors are at risk of going out of business without state aid.
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By Craig Trudell, Bloomberg |
September 4, 2012
Chrysler Group LLC and Ford Motor Co. said U.S. sales rose more than analysts’ estimates in August as the automakers prepare new car models such as the Dodge Dart and Ford Fusion to build on gains earlier this year.
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By Michael P. Regan, Bloomberg |
July 5, 2012
The euro sank to a one-month low as Spanish and Italian bonds plunged after the ECB disappointed investors anticipating a more aggressive effort to fight the debt crisis. U.S. equities fell as investors awaited tomorrow’s jobs report.
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By Craig Trudell, Bloomberg |
June 1, 2012
General Motors Co., Toyota Motor Corp., Chrysler Group LLC and Nissan Motor Co. reported U.S. sales gains in May that trailed estimates as incentive offers failed to draw enough buyers amid slumping job growth.
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By Craig Trudell, Bloomberg |
April 3, 2012
General Motors Co. and Ford Motor Co. posted gains in U.S. vehicle sales that trailed analysts’ estimates while Chrysler Group LLC and Nissan Motor Co. reported better-than-projected increases.