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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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Automakers are getting crushed in Europe

Category : Stocks

Europe’s deteriorating economy is wreaking havoc on global automakers, as car sales across the continent have sunk to their lowest level since the mid-1990s.

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Blackstone pulls out of Dell bid

Category : World News

Dell’s deteriorating financial condition leads to Blackstone deciding to withdraw its bid for the computer company.

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Slump in Europe hits Renault

Category : Business

French carmaker Renault says profits were hit by deteriorating demand in crisis-hit Europe during the first half of the year.

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Hang the Short Sellers?

Category : Business

Spain and Italy just reinstated a short-sale ban, even though there’s little evidence it will prevent markets from deteriorating further

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Retailer Carrefour leaves Greece

Category : World News

Carrefour, the French retail chain, is selling its stake in a Greek joint venture owing to fears about Greece’s deteriorating economy.

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The Dow Bounces on Test of 12,312

Category : Business, Stocks

NEW YORK (TheStreet) – On Monday I wrote, Deteriorating Technicals and a Slap in the Facebook, and stated that my initial downside target for the Dow Industrials was my annual value level at 12,312. That was tested on Wednesday.

The rebound off that level was quite strong leaving me to project that we have seen the lows not only through Memorial Day, but also into month end next week.

Click to view a price quote on ^DJI.

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Whitney Tilson tells CNBC (video) he considers [[BP]], which trades at a little over 6x expected 2012 EPS, a good value play. On the flip side, he’s short Nokia (NOK), Research In Motion (RIMM), and First Solar (FSLR), arguing the companies’…

Category : World News

Whitney Tilson tells CNBC (video) he considers BP, which trades at a little over 6x expected 2012 EPS, a good value play. On the flip side, he’s short Nokia (NOK), Research In Motion (RIMM), and First Solar (FSLR), arguing the companies’ still-deteriorating fundamentals make them value traps. (previous) 3 comments!

Read more here: Whitney Tilson tells CNBC (video) he considers [[BP]], which trades at a little over 6x expected 2012 EPS, a good value play. On the flip side, he’s short Nokia (NOK), Research In Motion (RIMM), and First Solar (FSLR), arguing the companies’…

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Does Microsoft ([[MSFT]] -0.3%) want a piece of Research In Motion ([[RIMM]] +0.8%)? That’s the question a headline from Financial Post asks as rumors on a MSFT-RIMM deal recirculate. Though deteriorating Blackberry sales has soured Microsoft from…

Category : World News

Does Microsoft (MSFT -0.3%) want a piece of Research In Motion (RIMM +0.8%)? That’s the question a headline from Financial Post asks as rumors on a MSFT-RIMM deal recirculate. Though deteriorating Blackberry sales has soured Microsoft from pulling the trigger in the past, the two companies remain relatively cozy with integration of Bing and Microsoft’s mapping tech on Blackberry devices. 1 comment!

Continued here: Does Microsoft ([[MSFT]] -0.3%) want a piece of Research In Motion ([[RIMM]] +0.8%)? That’s the question a headline from Financial Post asks as rumors on a MSFT-RIMM deal recirculate. Though deteriorating Blackberry sales has soured Microsoft from…

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George Soros slams the Bundesbank for clinging to an outdated doctrine, blaming a belief in sound money at least partly for the deteriorating eurozone situation. The crisis is far from over, he says, arguing the fiscal compact "cannot possibly…

Category : Stocks, World News

George Soros slams the Bundesbank for clinging to an outdated doctrine, blaming a belief in sound money at least partly for the deteriorating eurozone situation. The crisis is far from over, he says, arguing the fiscal compact “cannot possibly work,” and is “potentially catastrophic.” 1 comment!

Originally posted here: George Soros slams the Bundesbank for clinging to an outdated doctrine, blaming a belief in sound money at least partly for the deteriorating eurozone situation. The crisis is far from over, he says, arguing the fiscal compact "cannot possibly…

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It appears that the bond market bubble is ready to pop, says Clover Asset’s Eric St-Cyr. If you’re going to profit from a bubble you need to get out when the first signs of collapse emerge. So, with the quality of fixed income assets deteriorating…

Category : Stocks, World News

It appears that the bond market bubble is ready to pop, says Clover Asset’s Eric St-Cyr. If you’re going to profit from a bubble you need to get out when the first signs of collapse emerge. So, with the quality of fixed income assets deteriorating rapidly, and yields close to zero, the risk/reward profile may be telling us it’s time to cash out. Post your comment!

Link: It appears that the bond market bubble is ready to pop, says Clover Asset’s Eric St-Cyr. If you’re going to profit from a bubble you need to get out when the first signs of collapse emerge. So, with the quality of fixed income assets deteriorating…

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