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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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Fred L. Turner, McDonald’s Honorary Chairman and Former CEO, Passes Away

Category : Stocks, World News

OAK BROOK, IL–(Marketwire – Jan 7, 2013) – McDonald’s Corporation (NYSE: MCD) today announced that Fred L. Turner, Honorary Chairman of the Board of Directors and former Chief Executive Officer, passed away today from complications from pneumonia. He was 80 years old.

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A recall of apples sold in 36 states by Ready Pac Foods hits McDonald’s ([[MCD]] -0.4%) and Burger King ([[BKW]] -1.5%). The recall is due to possible listeria contamination.

Category : Stocks, World News

A recall of apples sold in 36 states by Ready Pac Foods hits McDonald’s (MCD -0.4%) and Burger King (BKW -1.5%). The recall is due to possible listeria contamination. 1 comment!

Continued here: A recall of apples sold in 36 states by Ready Pac Foods hits McDonald’s ([[MCD]] -0.4%) and Burger King ([[BKW]] -1.5%). The recall is due to possible listeria contamination.

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Earnings, Europe Keep Investors Busy in Coming Week

Category : Business

The ongoing European drama may share the stage with corporate earnings next week.

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Cramer: I’m Turning Positive on Jack In The Box

Category : Business, Stocks

Jim Cramer sees a number of catalysts for this under-loved stock.

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Market Preview: No Game Changers

Category : Stocks

NEW YORK (TheStreet) — Wall Street watchers eager for further monetary stimulus may want to be careful what they wish for.

The subtext of the message delivered by Federal Reserve Chairman Ben Bernanke on Thursday was that economic conditions would have to get much worse in order to merit more accommodation; be it an extension of Operation Twist or QE3.

The view of Julian Jessop, an analyst at Capital Economics, is that there have been no big surprises of late to merit getting worked up about the possibility of the world’s central banks swooping with a big rescue plan and that it may make more sense to hope things don’t deteriorate to the point where such a plan would be necessary. …

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Continued here: Market Preview: No Game Changers

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Facebook: ‘Like’ the Website, Hate Its IPO

Category : Stocks

NEW YORK (TheStreet) — There’s been a hint of IPO mania happening during the past year, and while it’s nice to see new companies coming to the market, there have not been many names that have captured the interest of this value investor.

What has been interesting is the proliferation of companies coming to market that offer free services and generate revenue through advertising. These businesses often ask consumers to pay up for a premium version of their services. I use many of these services personally — the free versions, that is. I won’t pay up for bells and whistles.

It’s a classic case of “use the products, but don’t buy the stock.” Some of these initial public offerings have come amid much fanfare, with the granddaddy of them all happening Friday, when Facebook begins trading. Let’s first look at the stocks of other recent IPOs. …

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Stocks Drop on Greek Political Turmoil

Category : Business, Stocks

NEW YORK (TheStreet) – U.S. stocks dropped Tuesday as political turmoil in Greece renewed concerns about the country’s ability to meet the terms of its bailout and remain a member of the euro zone.

The major U.S. equity indices did stage an impressive bounce off their lows late in the session though, provide some small silver lining for the bulls.

The Dow Jones Industrial Average finished lower by 76 points, or 0.6%, to close at 12,932. The blue-chip index ran as low as 12,810 during volatile trading, a level unseen since intraday action on April 23. …

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McDonald’s to Roll Out More Limited-Time Offers: Hot Trends

Category : Business

A look at the day’s most searched trends on the Web, including McDonald’s plans to ramp up its offerings of limited-time menu items.

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Stocks Finish Week With Polite Gains

Category : Stocks

NEW YORK (TheStreet) — U.S. stocks finished Friday with polite gains as investors looked past a tepid report on economic growth in the first quarter and concentrated on what’s shaping up to be a decent first-quarter earnings season.

Amazon was the big winner on Friday, surging nearly 16% after its blowout quarter. More than half of the components of the S&P 500 have reported their numbers now with nearly 73% of companies exceeding Wall Street’s consensus view, according to Thomson Reuters.

The year-over-year profit growth rate is running above 7%, better than the flat performance that analysts were expecting.

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Market Preview: Off to the Races?

Category : Stocks

NEW YORK (TheStreet) — Despite the positive action of the past few days, Mom and Pop have gotten plenty bearish on U.S. stocks of late.

First, there was some eye-popping fund flow data on Wednesday. For the week ended April 18, long-term mutual funds investing in domestic equities saw outflows of $8.68 billion, according to data from the Investment Company Institute.

That’s equal to the total amount of outflows for such funds over the past three weeks. Interestingly, the main beneficiary of this exodus was funds investing in foreign equities, which saw inflows of $8.73 billion. Bonds and hybrid funds, which invest in both equities and bonds, also did well, attracting inflows of $5.25 billion and $1.18 billion respectively.

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