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Stock Market News Stories

Chipmaker ARM’s upbeat message fails to allay concerns

By Paul Sandle LONDON (Reuters) – British chipmaker ARM Holdings’ predictions of improving smartphone demand and strengthening royalty growth met with a cool stock market response after it fell short of third-quarter revenue expectations on Tuesday. The company that provides … Continue reading

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Asia shares mixed after China growth data

Asian markets were mixed Tuesday as data showing China’s economy growing at its slowest pace in five years offset another positive lead from Wall Street. After the wild swings of last week that were fuelled by global growth fears, Monday’s … Continue reading

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CP Rail earnings rise, but miss expectations

(Reuters) – Canadian Pacific Railway Ltd reported higher third-quarter earnings and revenue on Tuesday but the results fell slightly short of analyst expectations. The railway’s operating ratio, a key measure of efficiency, improved 310 basis points to a record low … Continue reading

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GLOBAL MARKETS-ECB corporate bond buying plans lift stocks, hurt euro

* European shares surge on report ECB to buy corporate bonds * Wall Street to start up, earnings from Coca Cola (NYSE: KO – news) , McDonalds due * Nikkei slips 2 pct, giving back half of Monday’s rally * … Continue reading

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Texas Instruments posts solid 3rd-quarter results, says business healthy

By Noel Randewich SAN FRANCISCO (Reuters) – Texas Instruments Inc posted third-quarter results above expectations and its CFO said business was healthy, in contrast to recent concerns on Wall Street about a possible slowdown in chip demand. The Dallas, Texas-based … Continue reading

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Texas Instruments posts solid third-quarter results, says business healthy

By Noel Randewich SAN FRANCISCO (Reuters) – Texas Instruments Inc posted third-quarter results above expectations and its CFO said business was healthy, in contrast to recent concerns on Wall Street about a possible slowdown in chip demand. The Dallas, Texas-based … Continue reading

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PGG Wrightson eyes higher earnings

PGG Wrightson believes it can better the $58.7 million operating earnings achieved in the year to 30 June 2014. Chief executive Mark Dewdney has told this to shareholders at today’s annual meeting in Napier. He says, while the reduction in … Continue reading

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IBM ditches 2015 operating EPS target, shares slump 7 pct

By Marina Lopes and Anya George Tharakan REUTERS – International Business Machines Corp reported a marked slowdown in business in September and abandoned its 2015 operating earnings target on Monday, as weak client spending and a slumping software sector weighed … Continue reading

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PRESS DIGEST – Wall Street Journal

Oct 20 (Reuters) – The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * Democrats, worried as polls show their chances of retaining control of … Continue reading

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Investor group aims to buy Reebok unit

NEW YORK (Reuters) – An investor group that includes Jynwel Capital and funds affiliated with the Abu Dhabi government is launching a bid to buy Reebok from Adidas AG for about $2.2 billion, the Wall Street Journal reported Sunday. Jynwel … Continue reading

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