Dow Jones News
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Malaysias 1MDB plans US$1 bil. initial public offering Dow Jones
KUALA LUMPUR -- Sovereign wealth fund 1Malaysia Development Bhd plans to raise about US$1 billion through a public listing of its power assets in Malaysia next year, Dow Jones Newswires has ...
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Private equity spin in Massachusetts Senate debate
Massachusetts voters heard a lot about private equity last night, but not all of it was accurate. FORTUNE -- Gabriel Gomez and Ed Markey squared off last night in the final debate before next Tuesday's special election in Massachusetts, the winner of which will fill out the remainder of John Kerry's term as a U.S. Senator. And, unlike in the prior two debates, there was significant ...
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US STOCKS-Wall St falls sharply on Bernanke comments Fed statement
Wed Jun 19, 2013 3:11pm EDT * Fed maintains pace of bond purchases * Adobe, FedEx shares rise after results * Indexes off: Dow 0.9 pct, S&P 500 0.9 pct, Nasdaq 0.8 pct By Ryan Vlastelica NEW YORK, June 19 (Reuters) - U.S. stocks fell 1 percent in a volatile session on Wednesday, with losses accelerating after Federal Reserve Chairman Ben Bernanke said a reduction in the rate of stimulus could ...
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Bernanke wont blow up bond market
The Federal Reserve may not be the big bad wolf of the bond market, despite what some say. FORTUNE -- The last of the economy's Band-Aids are coming off. The question is how much it will hurt. So far, the answer from the bond market has been quite a lot. Ever since Federal Reserve chairman Ben Bernanke indicated about a month ago that the Fed might slow its bond buying stimulus program, ...
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U.S. stocks fall to session lows after Fed release
NEW YORK (MarketWatch) -- U.S. stocks initially turned positive and then fell to session lows on Wednesday as Wall Street began digesting the Federal Open Market Committee's decision to continue buying $85 billion in bonds each month. The Dow Jones Industrial ...
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Movie Review
Somewhere
Somewhere, Sofia Coppolas fourth feature, is a continuation of her cinematic exploration of personal isolation, and while it has much about it that is admirable, it will undoubtedly be experienced most directly as an inferior variation on Lost in Translation (2003), her Oscar-w ... ...
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US STOCKS SNAPSHOT-Wall Street slips after Fed statement
NEW YORK, June 19 | Wed Jun 19, 2013 2:08pm EDT NEW YORK, June 19 (Reuters) - U.S. stocks hit session lows on Wednesday shortly after the Federal Reserve said it would keep buying $85 billion in bonds per month and gave no explicit indication that it was close to scaling back the stimulus program. The Dow Jones industrial average fell 51.38 points or 0.34 percent, to 15,266.85, the S&P ...
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FedEx offers glum outlook on economic growth
FedEx's stock soared even after the carrier offered a tepid outlook for 2014. FedEx might offer the clearest look at the disconnect between the soaring stock market and the listless global economy. The world's largest freight carrier posted a 45% drop in its fourth quarter profits and offered its investors a cautious outlook for 2014, noting that customers are looking for lower-cost ...
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Investors shouldnt worry about the Fed
"I believe this Fed will continue to press its accommodative policy up until the point it is certain that it is not needed," said Jim Keenan, manager ...
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What Google could learn from Yahoos acquisition strategy
Google wants to partner with private equity on complicated deals. But there may be a better way. FORTUNE -- Google Inc. may soon partner with private equity firms to acquire other companies, according to ...
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NYSE partner ATG file for approval to create Brazil exchange
Wed Jun 19, 2013 12:06pm EDT * Company expects new bourse to start operating next year * DirectEdge unveiled similar projects a year ago * Shares of sole Brazil exchange BM&FBovespa sink 3.5 pct SAO PAULO, June 19 (Reuters) - NYSE Euronext and Americas Trading Group are seeking Brazilian regulatory approval to open a new stock exchange, and the venture's officers said on Wednesday they ...