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Market News

Location American Market News for 31 October 2012
Stock Market Returns After Sandy, Caps Ugly October With Quiet Session Wall Street got back to business Wednesday, and despite the destruction wrought by Hurricane Sandy in the surrounding area the U.S. stock market had a relatively normal day.
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16 Companies To Watch With Under $1 Million In Sales These promising up-and-comers have compelling business models, strong management teams and precious investment capital
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Energy shares in focus as BG tumbles

Telegraph - 1 Nov 2012 01:02
Energy shares in focus as BG tumbles Tullow Oil was one of the biggest risers on the FTSE 100.
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After Slashing Trading Unit UBS Is Worth About $15 Performance woes continued for UBS in the third quarter as the existing problems of declining revenues and elevated expenses were aggravated by a one-time goodwill impairment loss of CHF 3 billion ($3.2 billion) and an a...
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(Kitco News) - Comex gold prices ended the U.S. day session moderately higher Wednesday, as bargain hunters again stepped up to buy the recent dip, while short covering was also seen. The key “outside markets�...
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Hulkenberg to join Sauber F1 in 2013

CNN - 31 Oct 2012 21:03
Nico Hulkenberg will drive for Sauber next season as a replacement for the McLaren-bound Sergio Perez, the Swiss Formula One team announces.
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3 ETF Currency Plays

Forbes - 31 Oct 2012 20:25
3 ETF Currency Plays The currency markets have been quiet lately, but the weekly technical action in three different currency ETFs suggests there are new opportunities on both the long and short sides, writes MoneyShow's Tom Aspray.
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Gold price to rally regardless of who is elected President Whoever is elected President, the "gold is likely to go much higher" next year, according to analysts.
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5 Ken Fisher Buys

Forbes - 31 Oct 2012 19:26
5 Ken Fisher Buys Staying on-phase in markets is impossible for most folks most of the time--because they make it too complicated. What do I mean by "on-phase"? Being in synch with the market cycles.
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Superstorm Sandy: Wall St open after two-day shutdown US stock markets edged up as they reopened on Wednesday after a historic two-day closure forced by Superstorm Sandy.
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MasterCard Profit Rises 7.8%

Wall Street Journal - 31 Oct 2012 18:24
MasterCard posted a 7.8% increase in third-quarter profit as cardholder transactions and payments volume increased.
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Carrie Fisher Honored For Mental Illness Advocacy The Star Wars actress is recognized for her decades-long fight against mental illness stigma.
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Disney Bets Luke Skywalker Makes More Money With Mouse Ears The Walt Disney Co. is buying Lucasfilm for about $4.05 billion in stock and cash. Lucasfilm is best known for its lucrative Star Wars franchise. Disney will make Star Wars: Episode VII for release in 2015.
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Tullow Oil rises on African discovery hopes

Telegraph - 31 Oct 2012 14:34
Tullow Oil rises on African discovery hopes The explorer was one of the biggest risers on the FTSE 100
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Mickey, Darth Vader to Join Forces

Wall Street Journal - 31 Oct 2012 07:48
Walt Disney agreed to acquire Lucasfilm in a stock and cash deal valued at $4.05 billion, a move that adds the "Star Wars" franchise to the media giant's portfolio and puts Mickey Mouse and Darth Vader under the same roo...
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A Year Later, All Eyes on 'Edie'

Wall Street Journal - 31 Oct 2012 07:18
The last hope for a breakthrough in the probe into the collapse of MF Global may rest with the firm's former assistant treasurer, Edith O'Brien. She thus far has refused to cooperate without a promise of immunity.
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Wagers on Falling Yen Picking Up Once Again

Wall Street Journal - 31 Oct 2012 04:55
Some currency traders are betting the yen will weaken against the dollar. The wager has backfired before, but this time investors are emboldened by the Bank of Japan's pledge to hold down the yen.
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UBS Moves Quickly on Job Cuts, Revamp

Wall Street Journal - 31 Oct 2012 04:08
Scores of traders at UBS were locked out of the Swiss bank's London offices as the institution moved quickly to implement the first of thousands of job cuts in a strategic restructuring. Charges tied to the revamp helped...
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In Vancouver, Home Sales Hit the Brakes

Wall Street Journal - 31 Oct 2012 03:42
After a blistering, multiyear run, one of the hottest real-estate markets in North America seems to be cooling.
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Storm assistance provides support for Aggreko's shares The temporary power provider could benefit from the US devastation.
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