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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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Morgan Stanley Worth $23 as Trading Bounces Back

Category : Business, Stocks

The following commentary comes from an independent investor or market observer as part of TheStreet’s guest contributor program, which is separate from the company’s news coverage.

NEW YORK (Trefis) — Morgan Stanley handsomely beat analyst estimates for its first-quarter 2012 revenue figures, but ended up with a small loss for the quarter due to a $2 billion debt valuation adjustment charge.

Excluding this one-time accounting charge, the global investment bank generated a respectable $1.3 billion net income on nearly $9 billion in revenue for the quarter. The near-33% revenue growth (excluding DVA) compared to the previous quarter can be attributed primarily to its Institutional Securities business, consisting of sales and trading operations. Bank of America also reported strong Q1 earnings on the back of improved trading figures.

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Market Preview: Not Too Bad

Category : Business, Stocks

NEW YORK (TheStreet) — It could have been worse.

That’s pretty much the takeaway from the drubbing the major U.S. equity indices took on Wednesday. The seeds for a serious swoon were certainly present with the realization that QE3 is far from a done deal finally sinking in, and Spain picking up some of Greece’s slack in eurozone worry department.

Sure, the S&P 500 surrendered 1400 but the selling overall was pretty standard. Not a tremendous amount of volume, and respectable bounce off the lows late in the day. The VIX bears watching, rising 5% to 16.44, but all in all, not much evidence of panic.

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Fire in veteran Miyamoto still burning strong

Category : World News

There were a handful of NPB players in their 40s last season, and they performed at varying states of effectiveness.
A few pieced together respectable seasons, but the majority didn’t add much to their respective clubs.

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More on the Burger Wars (previous): While fast-food burger joints saw a respectable 3% increase in sales to $67B last year, the premium burger segment grew at 18% to reach close to $2B – fueled in part by …

Category : World News

More on the Burger Wars (previous): While fast-food burger joints saw a respectable 3% increase in sales to $67B last year, the premium burger segment grew at 18% to reach close to $2B – fueled in part by
interest stirred up
by cooking shows on TV. Not sitting still, execs at MCD, WEN, SONC, and JACK are offering up their own “premium” burgers in an attempt to break up the momentum of the niche market. 1 comment!

Read the original post: More on the Burger Wars (previous): While fast-food burger joints saw a respectable 3% increase in sales to $67B last year, the premium burger segment grew at 18% to reach close to $2B – fueled in part by …

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Tap India’s Booming Growth With EPI

Category : Stocks

NEW YORK (ETF Digest) — As one of the four BRIC countries (Brazil, Russia, India and China), with a quickly developing economy and an average growth rate at nearly 9% per year, India might look like an ideal investment opportunity.

This country of more than a billion people has made several moves to open itself up to foreign investment and liberalize its economy, including the privatization of publicly held companies, industrial regulation improvements and capital market reforms. Although more-developed economies were swooning during the 2008 financial crisis, India still managed a respectable 6% growth rate.

The Bombay Stock Exchange (BSE Sensex) was trading at a three-week high last week before tumbling on news from the Indian commerce ministry last Wednesday that wholesale price index inflation had risen a higher-than-expected 6.95% over last year.

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As earnings season draws to a close, the blended earnings growth rate is a respectable 6.1%, but growth falls to a mere 1.2% when stripping Apple and AIG out of the equation. Results aren’t expected to improve for a while: Analysts predict earnings…

Category : Stocks, World News

As earnings season draws to a close, the blended earnings growth rate is a respectable 6.1%, but growth falls to a mere 1.2% when stripping Apple and AIG out of the equation. Results aren’t expected to improve for a while: Analysts predict earnings will decline by 0.4% in the current quarter, followed by at least two quarters of single-digit gains. Post your comment!

See more here: As earnings season draws to a close, the blended earnings growth rate is a respectable 6.1%, but growth falls to a mere 1.2% when stripping Apple and AIG out of the equation. Results aren’t expected to improve for a while: Analysts predict earnings…

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Snow Revolution’s orange shadow

Category : World News

Vladimir Putin’s regime is warning Russians that their budding “Snow Revolution” will be as big a mistake as Ukraine’s Orange Revolution of 2004. But, while the similarities between these two popular movements are palpable, their differences are essential, so comparing them might help the Russian opposition to avoid some mistakes.
Like the Snow Revolution, the Orange Revolution was a broad middle-class reaction against corruption and the absence of the rule of law. In contrast to the Arab Spring, the Orange Revolution was entirely peaceful, as the Snow Revolution has been, and neither was triggered by economic or social crisis. In 2004, the Ukrainian economy grew faster than ever, by 12 percent, and Russia’s GDP increased last year by a respectable 4.3 percent.

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