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Financial News Stories

Asian markets mixed after Wall Street gains

Hong Kong (AFP) – Asian markets were mixed Friday following strong gains on Wall Street, with Tokyo enjoying a significant bump due to the dollar’s rise against the yen. Tokyo closed up 0.79 percent, or 152.68 points, at 15,291.64, Sydney … Continue reading

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Jilted Shire raises guidance again after third-quarter earnings jump

LONDON (Reuters) – Pharmaceutical firm Shire raised its guidance for full-year earnings on Friday, underlining its strong prospects as a standalone company after AbbVie Inc officially ditched its $55 billion purchase of the group on Tuesday. Dublin-based Shire, which produces … Continue reading

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Jilted Shire raises guidance again after Q3 earnings jump

(Adds shares) LONDON, Oct 24 (Reuters) – Pharmaceutical firm Shire raised its guidance for full-year earnings on Friday,underlining its strong prospects as a standalone company afterAbbVie Inc (Xetra: 4AB.DE – news) officially ditched its $55 billion purchaseof the group on … Continue reading

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Cost of insuring against Tesco default leaps

LONDON (Reuters) – The cost of insuring against Tesco defaulting on its debt shot up on Friday, after ratings agency Moody’s downgraded Britain’s biggest grocer and left the troubled group hovering one notch above junk status. Tesco, which has lost … Continue reading

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Gold edges higher but set for weekly loss on dollar and U.S. data

By A. Ananthalakshmi SINGAPORE (Reuters) – Gold inched up on Friday as European shares fell but was set to snap a two-week winning streak on a firm dollar and robust economic data that dented demand for the metal as an … Continue reading

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Pfizer’s $11 billion buyback plan deflates AstraZeneca bid hopes

LONDON/NEW YORK (Reuters) – U.S. drugmaker Pfizer is to continue buying back stock, with the board authorising a new $11 billion (6.8 billion pounds) share repurchase plan, deflating expectations that it will make a new bid for AstraZeneca. Shares in … Continue reading

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Apple CEO says had ‘very open’ privacy talks in China: Xinhua

BEIJING (Reuters) – Apple Inc Chief Executive Tim Cook was quoted on Friday as saying he had “very open” talks on privacy and security with a senior Chinese official, days after a web monitoring group linked the government to a … Continue reading

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Global stocks rattled by Ebola case in New York

SEOUL, South Korea (AP) — Global stock markets retreated Friday as the first case of Ebola in New York overshadowed positive economic news. KEEPING SCORE: Britain’s FTSE 100 fell 0.2 percent to 6,404.55 and Germany’s DAX dropped 0.2 percent to … Continue reading

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Husky, Cenovus note impact of low crude prices on earnings

The first of the Canadian oilsands producers are noting the impact of a lower price for oil and increased development costs for new projects as they report third-quarter earnings. Husky Energy Inc. and Cenovus Energy Inc. reported increased earnings Thursday, … Continue reading

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Global stocks jump on U.S. corporate results, bonds fall

By Herbert Lash NEW YORK (Reuters) – Global equity markets rose on Thursday, with stocks on Wall Street climbing more than 1 percent as U.S. corporate earnings continued to beat expectations, while government debt prices slid on stronger American and … Continue reading

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Financial News

Financial news covers such a wide spectrum of issues and can affect us in both our professional dealings as well as in our day-to-day lives. Banks, large corporations, CEO’s and even the government are making decisions every day that can affect the decisions that we need to make. Rocket News is the easiest and most efficient way to make sure we stay on top of developments that we need to know about. All categories of news are arranged in a logical manner and by simply clicking on any area of interest, you will immediately get all the headlines from the top news feeds. Just click on the story that you want more in depth information on and you will be able to read the story in its entirety. Rocket News will also show other articles that are related to what you are reading about, making it easy to get even more information or other points of view.

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