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Current News from Around the Globe on Stock Markets

Agrium forecasts smaller than expected quarterly profit

(Reuters) – Canadian fertilizer producer Agrium Inc said on Wednesday that it expected third-quarter earnings from continuing operations of 45 cents to 55 cents per share, falling short of Wall Street expectations. Agrium shares fell 4.5 percent in New York … Continue reading

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Asian shares sink after Wall St losses

Hong Kong (AFP) – Asian markets sank Thursday following a heavy sell-off on Wall Street as a mixed bag of data raised concerns about the global economy, while the dollar tumbled a day after breaking 110 yen for the first … Continue reading

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Virgin Money aims to raise 150 mln stg in London IPO

LONDON (Reuters) – Virgin Money, the British challenger bank founded and partly owned by entrepreneur Richard Branson, said it plans to raise 150 million pounds from a stock market listing in London. Branson’s Virgin Group and WL Ross, a U.S.-based … Continue reading

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Gold gets boost from safe-haven bids as equities slide

By A. Ananthalakshmi SINGAPORE (Reuters) – Gold added to overnight gains on Thursday, buoyed along with other safe-haven assets, as weak global manufacturing data and the first diagnosis of Ebola in the United States unnerved equities. Gold, often seen as … Continue reading

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TSX fall gets deeper as financial, energy shares drag

By John Tilak TORONTO (Reuters) – Canada’s main stock index extended its recent steep slide on Wednesday on weakness in the financial and energy sectors as concerns about the rise of the U.S. dollar and sluggish commodity prices continued to … Continue reading

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5 reasons bonds may be less safe than you think

NEW YORK (AP) — Burned by the stock-market crash during the financial crisis, investors have poured a trillion dollars into bond funds in the past six years. They like the interest payments that bonds throw off, and that their prices … Continue reading

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Thailand’s biggest fund confident rally will end

BANGKOK: Thailand’s biggest money manager isn’t backing down from his call that the country’s stock-market rally is about to fizzle out after valuations climbed to the highest level in 14 months versus developing-nation peers. The benchmark Stock Exchange of Thailand … Continue reading

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BATS eyes Concannon, Marques for exchange president

By John McCrank and Herbert Lash NEW YORK (Reuters) – BATS Global Markets has narrowed its search for a new president to two industry executives with close ties to the No. 2 U.S. stock market operator, three sources familiar with … Continue reading

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Larry Ellison still the top draw at Oracle’s mega-convention

By Noel Randewich and Bill Rigby SAN FRANCISCO (Reuters) – Larry Ellison was the main draw for tens of thousands of technology professionals at Oracle Corp’s annual conference in San Francisco on Tuesday, where he joked about losing his name … Continue reading

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Earnings Increased: A Desktop App Success Story

Experience is definitely the best teacher. Take Sankalp Agrawal, freelancer and desktop app user, for example. He does freelance work at Freelancer.com while studying Computer Science and Engineering in Delhi. Accepting freelance work for clients gives him the chance to … Continue reading

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