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Business News

Location American Business News for 6 November 2015
Institutional Shareholder Services said the price is too low for the deal, which would create a business-services giant.
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In my last article, I wrote about distinguishing the portfolio you want (i.e., the “magic portfolio” with low fees, always beats the market and never loses money) from the portfolio you need. While there are many app...
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Italy's Economy: Turning the Corner

Wall Street Journal - 6 Nov 2015 13:50
Italy's growth record in the euro has been miserable. Finally, conditions for the future look brighter.
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IDFC Bank shares erase initial gains to trade lower on listing At 1.23pm, the IDFC Bank stock was trading at Rs70 apiece, down 0.7% from its opening price, according to NSE
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How To Exceed Sales Targets

Forbes - 6 Nov 2015 00:06
It would be hard to find a CEO who wouldn’t say that increasing revenue and reducing cost of sales is one of their top three or four goals,” says Jackie Quint, global director of sales enablement at Extreme Networks....
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Boost your freelance work by sending a detailed, specific email to your network.
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Over the years, Pandora Media's biggest concern has been the royalties it pays to artists, labels and songwriters for their music rights. The company's stock has been down close to 35% since it released its Q3 earnings, ...
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China Auto Giant's Tesla Dreams Are Hard to Fathom

Wall Street Journal - 6 Nov 2015 12:21
China auto maker SAIC's capital raise, and electric vehicle plans, should cause investors to distance themselves, not draw closer.
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OPEC Members at Odds Over Long-Term Goals

Wall Street Journal - 6 Nov 2015 22:27
OPEC has delayed completing its internal report on long-term strategy as tensions deepen among members over an extended oil-price slump, according to delegates to the group.
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Warren Buffett's Berkshire Hathaway Co. is expected to report record third-quarter earnings thanks to a one-time accounting gain related to this year's merger of Kraft Heinz Co., in which it remains the biggest sharehold...
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Global Stocks Steady Ahead of Jobs Data

Wall Street Journal - 6 Nov 2015 13:01
Global stock markets showed little action ahead of the release of key jobs data from the U.S., used by investors to gauge expectations for the timing of an increase in interest rates.
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Ex-Dividend Reminder: PACCAR, MSCI and Bloomin' Brands Looking at the universe of stocks we cover at Dividend Channel, on 11/10/15, PACCAR Inc. (NASD: PCAR), MSCI Inc (NYSE: MSCI), and Bloomin' Brands Inc. (NASD: BLMN) will all trade ex-dividend for their respective upcoming...
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How To Be The Worst Boss Possible -- Part 2 Part two of a continuing series, which outlines how you too can become a truly awful manager instead of just mediocre. (Why write such a series? It's fun.) See Part one here.
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This Is What Happens When A CEO Actually Cares About Equality For Women The price of gender equality: $3 million. That's how much cloud-based software company Salesforce has so far spent on adjusting the salaries of its workers so that men and women are paid fairly, Chief Executive Marc Beni...
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In trading on Friday, consumer services shares were relative leaders, up on the day by about 2.5%.  Leading the group were shares of Weight Watchers International (WTW), up about 35.7% and shares of Press Ganey Holdings...
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UK industrial output falls, trade drags on economic growth, the office for national statistics (ONS) in London said The revision has a negligible effect on the 0.5% economic growth estimate
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London's Property Market Loses Luster

Wall Street Journal - 6 Nov 2015 15:40
Signs the high-end central London home market has lost its luster are coming thick and fast.
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Friday Sector Leaders: Technology & Communications, Financial Looking at the sectors faring best as of midday Friday, shares of Technology & Communications companies are outperforming other sectors, higher by 1.1%. Within that group, Qorvo Inc (NASD: QRVO) and NVIDIA Corp (NASD: NV...
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Shares of power focused lenders fall on interest income hit PFC fell as much as 11.05% to Rs224.15, while REC down as much as 12.8% to Rs232
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China to resume IPOs by year-end as stocks enter bull market The resumption suggests authorities are becoming more confident the stock market can stand on its own after the Shanghai Composite Index rallied back into a bull market this week
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Short Sellers, Activists Go After Bigger Fish

Wall Street Journal - 6 Nov 2015 12:27
Short sellers and activist-research firms in Asia are taking on higher-profile targets as an economic slowdown exposes weak points in companies' finances.
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SBI asset quality improves, but don't read too much into it SBI refinanced `3,900 crore under the 5/25 scheme, which points to underlying stress in corporate balance sheets
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