Archive for January, 2013

Genting Singapore shares jump after rival casino’s earnings

January 31, 2013
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SINGAPORE, Jan 31 (Reuters) – Shares of casino operator Genting Singapore PLC jumped to the highest in more
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Facebook’s mobile ad revenue doubles in fourth quarter

January 31, 2013
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SAN FRANCISCO (Reuters) – Facebook Inc doubled its mobile advertising revenue in the fourth quarter, a sign that the No.1 social network is seeing early success in expanding onto handheld devices as more of its users migrate to smartphones and tablets.
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Manhunt under way for Phoenix gunman

January 30, 2013
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Manhunt under way for Phoenix gunman

A SWAT team member is seen outside the office building where a gunman opened fire. (Joshua Lott/Reuters)
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Vicious storms blamed for two deaths in the South

January 30, 2013
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ADAIRSVILLE, Ga. (AP) — A massive storm system raking the Southeast hammered a Georgia town on Wednesday, overturning cars on an interstate and killing at least one person there, authorities said.
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Wall Street flat as Fed keeps stimulus in place

January 30, 2013
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NEW YORK (Reuters) – Stocks remained little changed on Wednesday after the Federal Reserve left in place its stimulus policy of monthly purchases of $85 billion in bonds, saying economic growth had stalled but the pullback was likely temporary.
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RIM changes name to BlackBerry, unveils 2 phones

January 30, 2013
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NEW YORK (AP) — After lengthy delays, Research In Motion Ltd. unveiled its first two phones with the new BlackBerry 10 system. The Q10 will have a physical keyboard, while the Z10 has only a touch-screen keyboard. RIM says it will also change its name to BlackBerry to maintain a single brand. It will...
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United on immigration, waiting on details

January 30, 2013
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United on immigration, waiting on details

Bipartisan Group Of Senators Announce Agreement On Immigration Reform (Alex Wong/Getty Images)
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U.S. economy shrinks in 4th quarter

January 30, 2013
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WASHINGTON (AP) — The U.S. economy shrank from October through December for the first time since the recession ended, hurt by the biggest cut in defense spending in 40 years, fewer exports and sluggish growth in company stockpiles. The decline occurred despite faster growth in consumer spending and business investment.
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Chrysler Group earnings rise 68 percent on strong sales

January 30, 2013
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In this Tuesday, Oct. 16, 2012, photo, part of the UnitedHealth Group, Inc. campus is shown, in Minnetonka, Minn. UnitedHealth Group Inc.’s fourth-quarter net income slipped 1 percent, as growing medical costs countered revenue gains for the nation’s largest health insurer. The Minnetonka, Minn., company said Thursday, Jan. 16, 2012 it earned $1.24 billion,...
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Expansion costs hit H&M earnings

January 30, 2013
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STOCKHOLM (Reuters) – Hennes & Mauritz , the world’s No.2 fashion retailer, posted an unexpected drop in quarterly earnings, hit by competition in tough European markets and the cost of its expansion drive to take on bigger rival Inditex.
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