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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Sina ([[SINA]] +13.4%), which had fallen sharply since March, is surging following its Q1 beat, even though it was accompanied by soft Q2 revenue guidance and a warning it could see additional losses due to its investments in Weibo, which are…

Category : Stocks, World News

Sina (SINA +13.4%), which had fallen sharply since March, is surging following its Q1 beat, even though it was accompanied by soft Q2 revenue guidance and a warning it could see additional losses due to its investments in Weibo, which are expected to grow to $160M in 2012 from 120M last year. An upgrade from Barclays is helping Sina’s cause. BofA (Neutral), though worried about margin pressure, is pleased with Sina’s efforts to monetize Weibo. Post your comment!

See original here: Sina ([[SINA]] +13.4%), which had fallen sharply since March, is surging following its Q1 beat, even though it was accompanied by soft Q2 revenue guidance and a warning it could see additional losses due to its investments in Weibo, which are…

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