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By Doris Frankel Tue Aug 19, 2:47 PM ET CHICAGO (Reuters) - Many traders scooped up defensive put options on Lehman Brothers Holdings Inc (LEH.N) on Tuesday, betting its stock will suffer more losses.
Shares of the fourth-largest U.S. investment bank f..
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By Alister Bull 59 minutes ago ASPEN, Colo. (Reuters) - The U.S. Federal Reserve must be ready to take action if slowing economic growth fails to curb inflation stemming from higher food and energy prices, two top Fed policy-makers said on Tuesday, indi..
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By Robert MacMillan and Eric Auchard 21 minutes ago SAN FRANCISCO (Reuters) - Hewlett-Packard Co (HPQ.N) results beat Wall Street targets, overcoming fears that slowing global economies and a stronger dollar would substantially weaken the world's bigges..
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biz.yahoo.com
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ASPEN, Colo. (Reuters) - The U.S. Federal Reserve must be ready to take action if slowing economic growth fails to curb inflation stemming from higher food and energy prices, two top Fed policy-makers said on Tuesday, indicating that higher interest rate..
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2 hours, 43 minutes ago NEW YORK (Reuters) - Private equity firm Carlyle Group (CYL.UL) said on Tuesday its Chairman Louis Gerstner will retire and become a senior adviser to the company's buyout funds.
Carlyle did not identify a successor, but said it..
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By Jonathan Stempel 2 hours, 19 minutes ago NEW YORK (Reuters) - American Home Mortgage Investment Corp (AHMIQ.PK), which was among the largest U.S. home loan providers before seeking bankruptcy protection a year ago, said it will pay unsecured creditor..
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By Alister Bull 24 minutes ago ASPEN, Colo. (Reuters) - The U.S. Federal Reserve must be ready to take action if slowing economic growth fails to curb inflation stemming from higher food and energy prices, one of its top policy-makers said on Tuesday...
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By Nicole Maestri 1 hour, 3 minutes ago NEW YORK (Reuters) - Target Corp (TGT.N) reported a nearly 8 percent drop in quarterly profit on Tuesday as shoppers passed over trendy clothes and home decor in favor of everyday necessities, hurting its margins...
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By Glenn Somerville and Lisa Lambert 2 hours, 28 minutes ago WASHINGTON (Reuters) - Wholesale prices shot up in July at the fastest year-on-year rate since 1981, while home builders cut back on construction as they worked through a glut of unsold homes,..
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biz.yahoo.com
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ASPEN, Colo. (Reuters) - The U.S. Federal Reserve must be ready to take action if slowing economic growth fails to curb inflation stemming from higher food and energy prices, one of its top policy-makers said on Tuesday.
"Until we have a clear sense of..
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2 hours, 21 minutes ago (Reuters) - General Dynamics Corp (GD.N) said it agreed to acquire Zurich-based Jet Aviation, a privately held provider of business-aviation services, for about $2.25 billion in cash.
The U.S. defense contractor said the deal, w..
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1 hour, 1 minute ago (Reuters) - Lehman Brothers Holdings Inc (LEH.N) may post a third-quarter loss and suffer about $4 billion in write downs, according to an analyst at J.P. Morgan Securities, who also said a sale of the company's Neuberger Berman bus..
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12 minutes ago NEW YORK (Reuters) - Stock index futures extended losses on Tuesday as a report showing that core producer prices rose at a faster-than-expected clip in July added to worries about the economy's health and the profit outlook.
Prior to th..
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2 hours, 8 minutes ago ATLANTA (Reuters) - Home Depot Inc (HD.N), the world's largest home improvement retailer, reported higher-than-expected quarterly profit on Tuesday as it held down costs and consumers took on spring projects.
Earnings declined to..
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By Megan Davies and Paritosh Bansal Tue Aug 19, 12:18 AM ET NEW YORK (Reuters) - U.S. investment bank Lehman Brothers Holdings Inc is considering options, such as selling all or part of its asset management unit, with an aim of reaching a deal by the ti..
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biz.yahoo.com
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WASHINGTON (Reuters) - Wholesale prices took another unexpectedly steep jump in July and shot up at the fastest year-on-year rate in 27 years, according to a government report on Tuesday that was certain to fan fears about a potential surge in inflation...
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biz.yahoo.com
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NEW YORK (Reuters) - Stock index futures extended losses on Tuesday as a report showing that core producer prices rose at a faster-than-expected clip in July added to worries about the economy's health and the profit outlook.
Prior to the report, invest..
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1 hour, 54 minutes ago WASHINGTON (Reuters) - Home builder sentiment was stuck at a record low in August, as stringent lending and a flood of foreclosed homes dragged on the real estate market, according to data from the National Association of Home Bui..
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1 hour, 38 minutes ago (Reuters) - Bankrupt home furnishings retailer Linens 'n Things has devised a plan to emerge from bankruptcy early next year, the New York Post reported.
Under the plan, the retailer will reverse many of the strategies introduced..
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56 minutes ago NEW YORK (Reuters) - Freddie Mac's (FRE.N) latest debt sale drew anemic demand on Monday, a day after Barron's reported an increasing likelihood the U.S. Treasury may essentially take over Freddie and rival Fannie Mae (FNM.N).
The weekly..
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