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Market Round-Up
Friday, June 4, 2010 - 3:20pm | 361According to the employment report released today, private sector jobs have grown by the sheer figure of 41,000 in the month of May. Wall Street was expecting a growth of 190,000 jobs. The month of April witnessed a rise of 218,000 jobs. Temporary jobs grew again, by 31,000 this time, as businesses...
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News Summary (MON, DOW, DD, BAYRY, BASFY, SYT, BP, OMNI)
Friday, June 4, 2010 - 12:40pm | 283Monsanto's (NYSE: MON) Roundup, the Farm Belt's most effective weedkiller, has grown ineffective in killing farm weeds as Hardy superweeds have become resistant to it and are invading fields. This has prompted chemical companies to use greater amounts of harsh old herbicides. These companies are...
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News Summary
Tuesday, May 18, 2010 - 11:13am | 388Inflation in the UK surprisingly soared 3.7% for the month of April, marking the fastest annual pace since 2008. It led Bank of England’s (BofE’s) Mervyn King to state that this surge in inflation is "temporary" and the economy has “substantial” spare capacity. However, BofE will be forced to raise...
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Due To Challenging Oil Market, BP Profit Drop But Still Beats Analyst Expectations
Tuesday, October 27, 2009 - 7:09am | 193BP (NYSE: BP) announced that their third quarter earning dropped by 34% after an industry wide decline in oil and natural gas prices. Profits fell to $5.34 billion from the amount of $8.04 the previous year. The lower were in large part due to total sales falling to $67.9 Billion despite increase...