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CNOOC, IBM dazzle as volumes reach USD38.8bn
ReutersBy Shankar Ramakrishnan NEW YORK, May 2 (IFR) - China's state-run energy giant CNOOC along with home-grown US companies like IBM had a field day on Thursday, raising a total USD10.75bn which has taken the week's issuance volume to a whopping USD38.775bn....Tags: Citigroup Incorporated, BNP Paribas, China, Deutsche Bank AG, Hutchison Whampoa Limited
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J.C. Penney ad apologizes for missteps
Tribune NewspapersJ.C. Penney is pleading publicly for its customers to come back to its stores, releasing a new commercial apologizing for a jumble of changes instituted by recently ousted chief executive Ron Johnson. The 30-second video went live on YouTube, Facebook...Tags: Goldman Sachs Group, Inc., Social Media, Credit Ratings, JC Penney Company Inc., Media Industry
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WRAPUP 1-U.S. jobless claims fall sharply to five-year low
Reuters* Jobless claims fall sharply to 324,000 last week * Trade deficit narrows in March but imports, exports fall * Productivity grows at 0.7 percent rate in 1st quarter By Jason Lange WASHINGTON, May 2 (Reuters) - The number of Americans filing new...Tags: Economic Indicator, Trade Balance, Career and Workplace, Unemployment Benefits, Labor Markets
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RESUMEN-Solicitudes subsidios por desempleo EEUU caen fuerte a mÃnimo en 5 años
Reuters* Pedidos caen a 324.000 la semana pasada * Déficit comercial baja en marzo, caen importaciones y exportaciones * Productividad crece a ritmo de 0,7 por ciento en 1er trim Por Jason Lange WASHINGTON, 2 mayo (Reuters) - El número de estadounidenses... -
WRAPUP 2-U.S. jobless claims fall sharply to five-year low
Reuters* Jobless claims fall sharply to 324,000 last week * Trade deficit narrows in March but imports, exports fall * U.S. job market improving despite economic soft patch By Jason Lange WASHINGTON, May 2 (Reuters) - The number of Americans filing new...Tags: Layoffs and Downsizing, Economic Indicator, Trade Balance, Career and Workplace, Unemployment Benefits
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Weekly jobless claims fall to 5-year low
ReutersNew claims for jobless benefits fell sharply to 324,000 last week, the lowest level in 5 years. Analysts had expected 345,000 new jobless claims last week, and U.S. stock index futures added to gains following the release of the claims data, while...Tags: Economic Indicator, Auto Trends, Career and Workplace, Unemployment Benefits, Employment
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CORRECTED-West Penn bondholder buyout divides Wall Street rating agencies
Reuters(Corrects timing of S&P downgrade in 6th paragraph) By Hilary Russ May 1 (Reuters) - Wall Street's three main credit rating agencies had three different reactions to the $604.2 million buyout of Pittsburgh's West Penn Allegheny Health System bondholders...Tags: Health Insurance, Pittsburgh, Bankruptcy, Standard & Poor's Financial Services LLC, Ratings
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S&P raises Philippines to investment grade, second after Fitch
ReutersMANILA, May 2 (Reuters) - Standard & Poor's raised the Philippines' credit rating to investment grade on Thursday, the second debt agency to do so in less than two months, putting the Southeast Asian country on track to attract more foreign capital flows....Tags: Stock Market, Debt Market, Standard & Poor's Financial Services LLC, Credit and Debt, Ratings
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Slovenia reopens books for crucial US bond issue
ReutersBy Davide Scigliuzzo LONDON, May 2 (Reuters) - Slovenia returned to the bond market on Thursday, seeking offers for a dual-tranche US dollar issue at a slightly higher premium than initially intended, following a delay prompted by a Moody's downgrade...Tags: BNP Paribas, Deutsche Bank AG, Standard & Poor's Financial Services LLC, Economy, Business and Finance, Thomson Corporation
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WRAPUP 5-U.S. companies hire less, manufacturing growth slows in April
Reuters* Private hiring rises by 119,000 jobs in April * Two reports show manufacturing growth slowed * Construction spending drops in March to 7-month low * Fed stays the course on bond purchases By Leah Schnurr NEW YORK, May 1 (Reuters) - U.S. companies...Tags: Automatic Data Processing, Inc., Career and Workplace, Economic Policy, Labor Markets, Employment Opportunities
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ADM set to commence cash offer for GrainCorp
Tribune staff reportArcher Daniels Midland Co. says it has completed due diligence on GrainCorp Ltd. and plans to commence a $3.1 billion cash offer for the Australian grain handler's outstanding common shares. "The acquisition fits well with our growth strategy and will...Tags: Archer Daniels Midland Incorporated
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Berkshire sells 6.1 pct of Moody's stake
Reuters* Berkshire's Geico unit sells 1.75 mln Moody's shares * Berkshire still has 11.9 pct stake in Moody's May 1 (Reuters) - Warren Buffett's Berkshire Hathaway Inc on Wednesday said it has sold 6.1 percent of its stake in Moody's Corp, the first time since...Tags: Stock Market, Warren Buffett, GEICO, NYSE Euronext, Inc., Credit Ratings
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