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Facebook and Zynga tear up their contract

Written By limadu on Jumat, 30 November 2012 | 14.44

Facebook formerly had a unique deal with Zynga, but the amended contract makes the partnership much more similar to that of other developers. NEW YORK (CNNMoney) -- Facebook and Zynga have always been deeply intertwined, but the companies signed paperwork...
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Yum shares drop on weak China sales

Same store Yum sales in China will decline in the fourth quarter. HONG KONG (CNNMoney) -- Shares of Yum Brands dropped 7% in off-hours trading after the company said it expects sales at restaurants in China to fall in the fourth quarter. Sales at...
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GDP growth slows in India

India GDP grew at 5.4% in the latest quarter. HONG KONG (CNNMoney) -- The pace of economic growth in India slowed during the latest quarter, the government's ministry of statistics said Friday. Gross domestic product, the broadest measure of a nation's...
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Groupon CEO: I'm not surprised about firing rumors

Written By limadu on Kamis, 29 November 2012 | 14.44

Groupon CEO Andrew Mason says "if I ever thought I wasn't the right guy for the job, I'd be the first person to fire myself." NEW YORK (CNNMoney) -- Rumors are swirling that Groupon's board is considering replacing founder and CEO Andrew Mason with...
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Customer complaints soar at Toys R Us

Toys R Us shoppers are taking to the retailer's Facebook page to complain that the store couldn't keep up with the swell of holiday shoppers. NEW YORK (CNNMoney) -- Toys R Us may have bitten off more than it can chew. Since the beginning of the holiday...
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SEC closer to taking action against SAC Capital

NEW YORK (CNNMoney) -- The Securities and Exchange Commission is getting closer to taking enforcement against SAC Capital related to the largest insider trading case ever. SAC Capital, a $14 billion hedge fund run by billionaire Steven A. Cohen, received...
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Green Mountain jumps 23% on rosy outlook

Written By limadu on Rabu, 28 November 2012 | 14.44

NEW YORK (CNNMoney) -- Green Mountain Coffee Roasters issued a better than expected outlook for the company's upcoming fiscal year, sending shares up 23% after the closing bell on Tuesday. The maker of K-cup single-serving coffee drinks said it expects...
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Tobacco companies ordered to advertise smoking risk

A man smokes a cigarette in San Francisco last year. NEW YORK (CNNMoney) -- A federal judge ordered the nation's major tobacco companies on Tuesday to take out advertisements acknowledging the health risks of smoking. The decision stems from a lawsuit...
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Federal Reserve official aims for 6.5% unemployment

Chicago Fed President Charles Evans has been urging his colleagues to adopt clear economic targets that would determine the central bank's policies. NEW YORK (CNNMoney) -- Just how far should the unemployment rate fall before the Federal Reserve raises...
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Troubled broker Knight Capital may be for sale

Written By limadu on Selasa, 27 November 2012 | 14.44

Knight Capital's shares are down more than 75% following its $440 million trading glitch. NEW YORK (CNNMoney) -- It hasn't been business as usual for Knight Capital since a massive software glitch in August nearly felled the 15-year old trading firm....
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Cyber Monday off to a strong start

Cyber Monday shoppers are flocking to their computers and smartphones to take advantage of discounts at their favorite retailers. NEW YORK (CNNMoney) -- Cyber Monday is off to a strong start, with shoppers flocking to their computers and smartphones...
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IMF, eurozone reach deal on Greek debt

A key hurdle has been removed for the next Greek bailout package. HONG KONG (CNNMoney) -- Eurozone finance ministers and the International Monetary Fund announced Monday they had reached an agreement that moves Greece closer to receiving a massive...
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Black Friday: Crowds grow, but sales are a question

Written By limadu on Senin, 26 November 2012 | 14.44

Lots of holiday shoppers hit the stores, such as Toys R Us in New York's Times Square, on Thanksgiving night. NEW YORK (CNNMoney) -- There were more shoppers in the nation's malls and big-box stores on Black Friday than there were last year, according...
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Stocks: Focus back on U.S. economy

Click the chart for more stock market data NEW YORK (CNNMoney) -- As confidence builds over lawmakers' ability to reach a deal on the "fiscal cliff," investors will turn their attention to U.S. economic reports on the housing market, manufacturing...
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Black Friday shopping hits a new record

Total spending over Black Friday weekend hit a record $59.1 billion, up from $52.4 billion last year. The number of shoppers in store and online also hit a new record. NEW YORK (CNNMoney) -- Apparently, full stomachs after Thanksgiving dinners get...
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Wal-Mart protests draw hundreds nationwide

Written By limadu on Minggu, 25 November 2012 | 14.44

NEW YORK (CNNMoney) -- Hundreds of people -- including some employees -- have taken part in Black Friday demonstrations at Wal-Mart stores nationwide, protesting what they say is the retailer's retaliation against speaking out for better pay, fair schedules...
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Cyber Monday starts early this year

NEW YORK (CNNMoney) -- Post-Thanksgiving online discounts were once relegated to Cyber Monday -- but these days, websites are launching deals even before Black Friday. And the resulting shopping frenzy is expected to set records. IBM Benchmark reported...
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Black Friday: Crowds grow, but sales are a question

Lots of holiday shoppers hit the stores, such as Toys R Us in New York's Times Square, on Thanksgiving night. NEW YORK (CNNMoney) -- There were more shoppers in the nation's malls and big-box stores on Black Friday than there were last year, according...
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RIM jumps 14% on BlackBerry 10 hopes

Written By limadu on Sabtu, 24 November 2012 | 14.44

RIM, and CEO Thorsten Heins, have spent months assuring that BlackBerry 10 is worth the wait -- and investors appear optimistic. NEW YORK (CNNMoney) -- Hating BlackBerry has become something of a bloodsport, but Research in Motion shares have been...
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Cyber Monday starts early this year

NEW YORK (CNNMoney) -- Post-Thanksgiving online discounts were once relegated to Cyber Monday -- but these days, websites are launching deals even before Black Friday. And the resulting shopping frenzy is expected to set records. IBM Benchmark reported...
14.44 | 0 komentar | Read More

Wal-Mart protests draw hundreds nationwide

NEW YORK (CNNMoney) -- Hundreds of people -- including some employees -- have taken part in Black Friday demonstrations at Wal-Mart stores nationwide, protesting what they say is the retailer's retaliation against speaking out for better pay, fair schedules...
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Fitch cuts Sony, Panasonic debt to junk

Written By limadu on Jumat, 23 November 2012 | 14.44

Sony and Panasonic were downgraded Thursday by Fitch. HONG KONG (CNNMoney) -- Fitch Ratings downgraded Sony and Panasonic debt to junk status Thursday and said the ailing Japan-based consumer electronic makers both needed radical restructuring to...
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Service sector adds to eurozone gloom

Germany's services sector is increasingly gloomy about its prospects LONDON (CNNMoney) -- Service industry companies in the eurozone are more pessimistic about their prospects than at any time since early 2009, pointing to little chance of a return...
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Toys R Us shoppers choose deals first, turkey later

Toys R Us opened early Thursday, allowing shoppers to get a jump on their holiday shopping. NEW YORK (CNNMoney) -- Shop, eat turkey, then shop some more. That was the game plan for many of the experienced Black Friday shoppers in line at Toys R Us...
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Black Friday: Shorter lines, but bigger checks

Written By limadu on Kamis, 22 November 2012 | 14.44

Fewer shoppers are expected in stores this Black Friday weekend, but some experts are predicting big sales and deep deals on the retail holiday. NEW YORK (CNNMoney) -- Despite stores falling over themselves with incentives and earlier openings than...
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China's factories show accelerated growth

Factory activity increased in China this month. HONG KONG (CNNMoney) -- China's manufacturing industry showed further signs of improvement in November, according to a key early indicator. HSBC said its initial Chinese purchasing managers' index,...
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Wal-mart workers get ready for Black Friday protest

Wal-Mart employees in June joined a rally in Los Angeles to protest what they call retaliation from the nation's largest retailer. NEW YORK (CNNMoney) -- Shoppers and stores around the country are preparing for big Black Friday sales, but a group...
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New York sues Credit Suisse in latest mortgage lawsuit

Written By limadu on Rabu, 21 November 2012 | 14.44

A photo taken on November 1, 2011 shows the logo of the Swiss banking giant Credit Suisse in Zurich. NEW YORK (CNNMoney) -- New York Attorney General Eric Schneiderman filed a lawsuit Tuesday against Credit Suisse, alleging that the bank repeatedly...
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