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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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Profits up 16% at General Electric

Category : World News

General Electric reports a 16% rise in first quarter profits, helped by a one-off gain from the sale of its remaining stake in NBC Universal.

Originally posted here: Profits up 16% at General Electric

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Daimler to sell final stake in EADS

Category : Business

Carmaker Daimler is selling its remaining 7.5% stake in pan-European aerospace and defence group EADS, the owner of Airbus

Originally posted here: Daimler to sell final stake in EADS

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US government to sell stake in GM

Category : Business, World News

The US government is to sell its remaining 26.5% stake in carmaker General Motors, it is announced.

Read the rest here: US government to sell stake in GM

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Petrobank Announces Agreement With PetroBakken To Create Two Fully Independent Companies

Category : Stocks, World News

CALGARY, ALBERTA–(Marketwire – Oct. 29, 2012) - Petrobank Energy and Resources Ltd. (TSX:PBG) is pleased to announce that we have entered into an agreement with PetroBakken Energy Ltd. (TSX:PBN), our 57% owned subsidiary, to complete a corporate reorganization that will see Petrobank shareholders effectively receive Petrobank’s proportionate interest in our PetroBakken share holdings while maintaining their interest in the remaining Petrobank assets (the “Reorganization“). Petrobank and PetroBakken have signed an arrangement agreement detailing the terms and conditions of the Reorganization. The Board of Directors of each Company have approved the Reorganization, which is anticipated to become effective on December 31, 2012 (the “Effective Date“).

Continued here: Petrobank Announces Agreement With PetroBakken To Create Two Fully Independent Companies

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Petrobank Announces Agreement With PetroBakken To Create Two Fully Independent Companies

Category : Stocks, World News

CALGARY, ALBERTA–(Marketwire – Oct. 29, 2012) - Petrobank Energy and Resources Ltd. (TSX:PBG) is pleased to announce that we have entered into an agreement with PetroBakken Energy Ltd. (TSX:PBN), our 57% owned subsidiary, to complete a corporate reorganization that will see Petrobank shareholders effectively receive Petrobank’s proportionate interest in our PetroBakken share holdings while maintaining their interest in the remaining Petrobank assets (the “Reorganization“). Petrobank and PetroBakken have signed an arrangement agreement detailing the terms and conditions of the Reorganization. The Board of Directors of each Company have approved the Reorganization, which is anticipated to become effective on December 31, 2012 (the “Effective Date“).

Read more: Petrobank Announces Agreement With PetroBakken To Create Two Fully Independent Companies

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Accredited Transcription Corp. Acquires 100% of Patent for Off-Site Transcription Service

Category : Stocks

PHILADELPHIA, PA–(Marketwire – Oct 3, 2012) – Accredited Transcription Corp. previously acquired 66.6% ownership of United States Patent 6,298,328.┬áToday, ATC announced that it acquired the remaining 33.4% of the patent.┬áThe invention consists of an off-site transcription system whereby the user speaks and the voice is transmitted to an off-site data site and converted into text.

The rest is here: Accredited Transcription Corp. Acquires 100% of Patent for Off-Site Transcription Service

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US set to ease Burma import ban

Category : Business, World News

Hillary Clinton says the US will ease its import ban on Burmese goods, a key part of remaining US sanctions, as she meets President Thein Sein.

See the article here: US set to ease Burma import ban

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China still lead buyer of U.S. securities

Category : Stocks

Global demand for U.S. securities is still strong, with China remaining the largest holder of U.S. debt, according to the Treasury Department’s latest report on foreign holdings.

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US to sell $18bn of AIG shares

Category : Business

The US government says it will sell a substantial portion of its remaining stake in AIG, making it a minority shareholder in the insurer.

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EPL Oil & Gas (EPL) says all of its rigs are fully operational throughout the Gulf of Mexico following a brief shut-down due to Hurricane Isaac, and estimates that about 45% of its operated production is back on-line. The remaining shut-in…

Category : Stocks, World News

EPL Oil & Gas (EPL) says all of its rigs are fully operational throughout the Gulf of Mexico following a brief shut-down due to Hurricane Isaac, and estimates that about 45% of its operated production is back on-line. The remaining shut-in production is just waiting on various third party processing facilities to become operational again. Most of those facilities should be brought on line next week. 1 comment!

Go here to see the original: EPL Oil & Gas (EPL) says all of its rigs are fully operational throughout the Gulf of Mexico following a brief shut-down due to Hurricane Isaac, and estimates that about 45% of its operated production is back on-line. The remaining shut-in…

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