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Asian shares rise, dlr stays near lows on euro 16 Apr 08, 22:51 ET Reuters - Japan's Nikkei share average rose 2 percent on Thursday, buoyed by confidence on Wall Street after reassuring earnings eclipsed weak data on the U.S. economy which pinned the dollar near record lows on the euro. more EBay profit rises 22 pct, but cautious on economy 16 Apr 08, 20:09 ET Reuters - EBay Inc posted a 22 percent rise in quarterly net profit, topping Wall Street's average estimate, as pricing changes increased online auction listings and pushed revenue above all forecasts. more Thomson Reuters debuts amid global market jitters 16 Apr 08, 20:05 ET Reuters - Thomson Reuters Corp debuted on Thursday as a top global information company, hoping a portfolio of products from financial to legal and health-care will help it ride out a financial industry downturn. more Sallie Mae swings to $104 million loss in 1Q 16 Apr 08, 19:24 ET AP - Sallie Mae lost $104 million in the first quarter and fell short of Wall Street's expectations amid a severe disruption in the troubled student loan industry. more Fear recedes as corporate profits reassure investors 16 Apr 08, 19:22 ET Reuters - The Chicago Board Options Exchange Volatility Index (.VIX) or VIX on Wednesday dropped to its lowest levels this year as encouraging earnings from blue-chip stocks helped lift investors' spirits after a string of disappointments last week. more GM revamps marketing, hires ex-Nissan executive 16 Apr 08, 18:22 ET Reuters - General Motors Corp said on Wednesday it would realign North American sales and marketing management and announced that a former Nissan North America sales chief would lead one of the four new broad retail channels. more Oil price crosses 115 dollars for first time on supply jitters 16 Apr 08, 18:16 ET AFP - Oil prices streaked into new record territory for the second straight day Wednesday, boosted by a decline in US energy reserves and as the weakening dollar drew investments in commodities. more Sallie Mae posts 1st-quarter net loss 16 Apr 08, 18:13 ET Reuters - Sallie Mae, the largest U.S. student loan company, posted a first-quarter net loss on Wednesday, hurt by losses on derivatives, and said it cannot continue lending at a profit in the current environment. more EBay profit rises 22 pct, CFO cautious on economy 16 Apr 08, 18:12 ET Reuters - EBay Inc posted a 22 percent rise in quarterly net profit, topping Wall Street's average estimate, as pricing changes increased online auction listings and pushed revenue above all forecasts. more IBM raises full year earnings target 16 Apr 08, 17:38 ET Reuters - IBM posted stronger-than-expected quarterly results on Wednesday and raised its 2008 outlook, boosting shares 3 percent and sending a bullish signal about technology earnings in the face of a weak U.S. economy. more Fed officials see recession in all but name 16 Apr 08, 17:13 ET Reuters - Two top Federal Reserve officials on Wednesday described the U.S. economy as extremely weak -- whether or not technically in recession -- but also said inflation was a concern. more Six Apart and Facebook Create Web-Wide Blogging Tool 16 Apr 08, 16:35 ET NewsFactor - With so many blogging tools out there -- and so many bloggers trying to earn some bucks with advertising networks -- as well as dozens of social networks, it's getting increasingly difficult and time-consuming to manage so many different online presences. more Fring Brings Mobile VoIP to Apple's iPhone 16 Apr 08, 15:21 ET NewsFactor - Israeli company Fring is bringing its Voice over Internet Protocol application to Apple's iPhone. Dubbed fring, the application lets users talk, chat and interact with other so-called fringsters -- and their online communities -- using the iPhone's Wi-Fi connection. more Economy slowing, prices rising: Fed 16 Apr 08, 14:51 ET Reuters - The Federal Reserve said on Wednesday that economic conditions were weakening across much of the nation while price pressures from food, fuel and raw materials were increasing. more Hedge fund managers set new payout records in 2007 16 Apr 08, 14:49 ET Reuters - A handful of the world's top hedge fund managers took home 10-figure paychecks last year that set records for the highest-ever payouts on Wall Street. more Fed: economy weakened further in the spring 16 Apr 08, 14:26 ET AP - The country's economic health deteriorated further in the early spring as shoppers buckled under the strains of the housing and credit debacles and a weaker employment climate. more Judge approves Ford Explorer settlement 16 Apr 08, 13:51 ET Reuters - A California judge has approved a class action settlement for 800,000 owners of Ford Motor Co Explorers that were alleged to have lost value after a tire recall prompted concerns of potential rollover crashes. more American Airlines parent AMR posts 1Q loss on fuel costs 16 Apr 08, 13:33 ET AP - High fuel costs offset an increase in revenue and pushed the parent of American Airlines, the nation's biggest carrier, to a $328 million loss in the first quarter. more Lilly to cut up to 500 jobs 16 Apr 08, 13:29 ET Reuters - Drugmaker Eli Lilly and Co said on Wednesday it would cut up to 500 jobs as it streamlines manufacturing operations in its hometown of Indianapolis. more EU close to reaching energy deal with Iraq: Barroso 16 Apr 08, 13:09 ET AFP - The European Union and Iraq are close to signing an energy cooperation deal, EU Commission chief Jose Manuel Barroso said Wednesday, as Europe strives to reduce dependence on Russian oil and gas. more Hedge fund manager Paulson earns $3.7 billion 16 Apr 08, 13:09 ET Reuters - Bets on a U.S. housing crisis earned hedge fund manager John Paulson $3.7 billion in 2007, ahead of industry legend George Soros and 2006's highest-paid manager James Simons, according to Alpha Magazine. more Homeowners fell prey to abusive lending: Plosser 16 Apr 08, 13:06 ET Reuters - The current economic environment shows the need for improved financial literacy since many homeowners have fallen prey to abusive lending practices in the recent subprime debacle, Federal Reserve Bank of Philadelphia President Charles Plosser said on Wednesday. more Bank results soothe investors 16 Apr 08, 13:01 ET Reuters - JPMorgan Chase & Co and Wells Fargo & Co posted first-quarter results that soothed investors who had counted on the giant banks to handle the U.S. housing and credit crises better than many rivals. more Fed's Yellen says growth outlook uncertain 16 Apr 08, 12:03 ET Reuters - San Francisco Federal Reserve Bank President Janet Yellen said on Wednesday that economic prospects for the United States are "unusually uncertain," with growth "at best" at a crawl. more American Air parent posts loss 16 Apr 08, 11:57 ET Reuters - AMR Corp , parent of No. 1 U.S. carrier American Airlines, reported a first-quarter loss on Wednesday as the company's fuel bill rose 48 percent. more Dow Jones begins publishing US version of WSJ in London 16 Apr 08, 11:51 ET AP - The Wall Street Journal began publishing its U.S. edition in London on Wednesday, making the newspaper available five hours ahead of the title in the United States. more L'Oreal shares plummet on economy jitters 16 Apr 08, 10:18 ET Reuters - Shares in the world's largest beauty group L'Oreal fell to a 21-month low on Wednesday after disappointing sales of skin creams and make-up provided the latest evidence of a sagging U.S. economy. more Tommy Hilfiger to look at IPO at end 2009 16 Apr 08, 10:04 ET Reuters - Fashion company Tommy Hilfiger, owned by private equity firm Apax Partners , will look again at a flotation at the end of 2009, its Chief Executive Fred Gehring said on Wednesday. more Coca-Cola profit climbs 19 pct in 1st-qtr as sales soar 16 Apr 08, 09:58 ET AP - The Coca-Cola Co.'s first-quarter profit rose 19 percent due to acquisitions and overseas growth, offsetting unimpressive results in its home North America unit that were affected by fewer people going out to eat because of fuel prices and the slowing U.S. economy. more Consumer prices muted as housing starts reach 17-year low 16 Apr 08, 09:58 ET Reuters - The number of U.S. housing projects started last month fell to the lowest in 17 years, while consumer prices moved up a bit less than expected, leaving the Federal Reserve some room to lower interest rates to ward off a housing-led slowdown. more Do a Cloud Scan for Malware and Try for a Prize 16 Apr 08, 09:25 ET NewsFactor - Is your PC infected with malware? Panda Security says it is, and they're putting their money where their mouth is. Submit to their free online scan and be found totally malware-free, and your company could bring in a cool $7,500. Or, if you're a consumer and you clear the scan, you might win an iPod nano. more Euro hits record high of 1.5969 dollars 16 Apr 08, 09:23 ET AFP - The euro struck an all-time peak of 1.5969 dollars Wednesday as eurozone inflation spiked to a record high, dampening hopes of an ECB rate cut to help tackle slowing economic growth, analysts said. more Wells Fargo net tops views 16 Apr 08, 09:09 ET Reuters - Wells Fargo & Co , the fifth-largest U.S. bank, said on Wednesday quarterly profit declined 11 percent, but results topped forecasts as solid revenue gains and lower expenses helped offset a big jump in bad loans. more Home starts fall 11.9 pct in March 16 Apr 08, 08:54 ET Reuters - Home building projects started in March fell by 11.9 percent to a lower-than-expected annual rate while building permit activity, a sign of future construction plans, was off 5.8 percent, a government report on Wednesday said. more Cheaper clothes keep inflation in check 16 Apr 08, 08:51 ET Reuters - Consumer prices rose 0.3 percent in March, slightly less than expected as cheaper clothing helped hold down overall prices despite a modest rebound in energy prices, a Labor Department report on Wednesday showed. more Wall Street headed higher after upbeat earnings reports 16 Apr 08, 08:50 ET AP - Wall Street appeared headed for a higher opening Wednesday, led by robust first-quarter results from JPMorgan Chase & Co. and two other Dow Jones industrial components. more March consumer prices up despite big drop in clothing costs 16 Apr 08, 08:43 ET AP - Consumer prices pushed higher last month as increases in energy, food and airline tickets overwhelmed the biggest drop in clothing prices in nearly a decade. more JPMorgan Chase's profit drops 50 pct in 1Q on reserves boost 16 Apr 08, 08:38 ET AP - JPMorgan Chase & Co.'s profit fell 50 percent in the first quarter after the bank took a provision of $5.1 billion to strengthen its reserves by $2.5 billion and account for $2.6 billion in losses in its loan portfolio. more Housing construction falls sharply in March 16 Apr 08, 08:37 ET AP - The construction of new homes plunged in March to the lowest level in 17 years, the Commerce Department reported Wednesday. more France Telecom shares hit by Teliasonera bid report 16 Apr 08, 08:37 ET AFP - France Telecom shares were sharply lower Wednesday as investors were unsettled by reports the former French monopoly planned a 30 billion euros (47.5 billion dollars) bid for TeliaSonera, a Swedish-Finnish telecom. more UBS cuts dividend for 2007 due to subprime losses 16 Apr 08, 08:28 ET AP - UBS AG said Wednesday that shareholders will receive a considerably lower dividend for 2007 than in previous years because of massive write-downs caused by the subprime crisis. more McCain's Gas-Tax Holiday 16 Apr 08, 08:08 ET BusinessWeek Online - For months now, political analysts and strategists have been arguing that John McCain needed a more developed economic program to match the extensive policy prescriptions he's outlined on Iraq and other national security issues. As the economy has increasingly moved front and center in the election, that difference has become even more glaring. Until recently, McCain's economic program consisted largely of a call to extend the Bush tax cuts. more BlackRock quarterly net up 16 Apr 08, 08:01 ET Reuters - U.S. money manager BlackRock Inc on Wednesday posted a 24 percent jump in first-quarter profit as assets under management grew, but the earnings fell far short of estimates. more European stock markets rally despite soaring oil prices 16 Apr 08, 07:58 ET AFP - Europe's main stock markets advanced on Wednesday, taking their cue from a late recovery on Wall Street and earlier gains in Asia as investors set aside record high oil prices, analysts said. more Coca-Cola profit beats estimates 16 Apr 08, 07:53 ET Reuters - Coca-Cola Co reported a higher-than-expected quarterly profit on Wednesday as the weak dollar boosted international sales, helping the world's largest soft drink maker offset flat sales volume at home. more JPMorgan Chase profit falls 16 Apr 08, 07:46 ET Reuters - JPMorgan Chase & Co , the third-largest U.S. bank, said on Wednesday quarterly profit fell 50 percent, hurt by writedowns for leveraged loans and mortgages and because it set aside more money for loan losses. more Euro hits record peaks against dollar, pound 16 Apr 08, 07:20 ET AFP - The euro struck all-time peaks against the dollar and pound Wednesday as eurozone inflation spiked to a record high, dampening hopes of an ECB rate cut to help tackle slowing economic growth, analysts said. more Oil hits new record as investors flee the falling dollar 16 Apr 08, 06:57 ET AP - Oil prices are surging to record highs as the weakening U.S. dollar drives investors to dump money into commodities. more Oil hits new high above $114, dollar supports 16 Apr 08, 05:59 ET Reuters - Oil struck a new record high above $114 a barrel on Wednesday, buoyed by the weak U.S. dollar, inflows of speculative money and long-term constraints on supply. more Japan rejects British fund's investment 16 Apr 08, 05:50 ET AP - Japan rejected a proposal from Britain's The Children's Investment Fund on Wednesday, blocking the hedge fund's efforts to raise its stake in a major electricity company because of potential disruptions to "public order." more Iran questions need for OPEC to cool oil prices 16 Apr 08, 05:48 ET Reuters - Iran's oil minister on Wednesday questioned the need for OPEC to hike production to cool surging oil prices, snubbing calls for more crude from its Western foes, the United States and Britain. more Wall St futures rise; eyes on JPMorgan Q1, data 16 Apr 08, 05:29 ET Reuters - Stock index futures rose before the start of Wall Street trading on Wednesday, with the focus on first-quarter earnings from investment bank JPMorgan as well as a slew of economic data. more LG Electronics posts net profit 16 Apr 08, 04:31 ET AP - LG Electronics said Wednesday it turned a net profit in the first-quarter after a loss the year before, boosted by record mobile phone sales, strong performance overseas and gains from its investment in flat panel maker LG Display. more China GDP growth slows to 10.6 pct yr/yr 16 Apr 08, 03:32 ET Reuters - The pace of Chinese growth eased only modestly in the first quarter to 10.6 percent, showing the resilience of the world's fourth-largest economy despite fierce winter weather and a global credit crunch. more Asia shares climb, cheered by U.S. banks, Intel 16 Apr 08, 02:50 ET Reuters - Asian stocks scored solid gains on Wednesday, with high-tech exporters buoyed by a reassuring outlook from top chipmaker Intel Corp and energy shares underpinned by record high oil prices. more

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