Archive for March 5th, 2014

How the Dow Jones industrial average did Wednesday

March 5, 2014
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Calm returned to the stock market Wednesday after two days of volatile trading.
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Compliance chief quits Deutsche Bank after watchdog pressure

March 5, 2014
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FRANKFURT (Reuters) – Deutsche Bank’s global head of compliance, Andrew Procter, will leave to work for law firm Herbert Smith Freehills after German regulator Bafin put pressure on the bank to make changes in senior personnel.
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Target tech chief resigns after massive security breach

March 5, 2014
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NEW YORK (AP) — Target Corp. Chief Information Officer Beth Jacob is resigning effective Wednesday as the retailer overhauls its information security and compliance division in the wake of a massive pre-Christmas data breach.
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Report: Hillary Clinton compares Putin to Hitler

March 5, 2014
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Hillary Clinton said that tactics implemented by Russia in Crimea are reminiscent of those used by Nazi Germany before World War II.
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Apple’s new finance steward Maestri takes over $160 billion cash haul

March 5, 2014
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By Sruthi Ramakrishnan and Edwin Chan
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South African stocks pull back from record high, charts bearish

March 5, 2014
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JOHANNESBURG (Reuters) – South African stocks ended lower on Wednesday, with charts suggesting the main indices have limited upside after hitting several record highs in the past few weeks.
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Analysts: Russia unlikely to pull back in Crimea

March 5, 2014
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WASHINGTON (AP) — Russia is unlikely to pull back its military forces in Ukraine’s Crimea peninsula, analysts and former Obama administration officials say, forcing the United States and Europe into a more limited strategy of trying to prevent President Vladimir Putin from making advances elsewhere in the former Soviet republic.
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George P. Bush begins political career with win

March 5, 2014
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FORT WORTH, Texas (AP) — George P. Bush took the first step toward continuing his family’s political dynasty Tuesday, shaking off an under-funded primary challenger and securing the Republican nomination for the little-known but powerful post of Texas land commissioner.
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Saudi IPO market set for booming 2014 as regulator, issuers eye deals

March 5, 2014
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By David French MANAMA, March 5 (Reuters) – Saudi Arabia is likely to see a big jump in the number and value of initial share sales in 2014, the head of Banque Saudi Fransi’s investment banking unit said, as firms become keener to list and the regulator facilitates stock listings.
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Apple’s new finance steward Maestri takes over 96 billion pounds cash haul

March 5, 2014
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By Sruthi Ramakrishnan and Edwin Chan
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