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LIVE: Warren Buffett On CNBC (BRK)
Warren Buffett is appearing on CNBC. We'll be following him live. If nothing else, just because of the breadth of his holdings, he has a great perch from which to view the global economy. Click here to...
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We've Hit A New Low For China Bashing
NEW HAVEN – As America’s election season nears its finish, the debate seems to have come unhinged. Nowhere is that more evident than in the fixation on China – singled out by both President Barack...
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10 Things You Need To Know Before The Opening Bell (DOW, NFLX, FB, SPY, DIA)
Good morning. Here's what you need to know. Asian markets were mixed in overnight trading with the Nikkei down 0.67 percent, ending a 7-day winning streak. Europe is higher and U.S. futures are...
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FINALLY: A Few Good Earnings
Alright, earnings season isn't a total catastrophe. Boeing just came out with a beat and a raise. The stock is up 3.6% in the pre-market. AT&T has increased its free cash-flow outlook after an...
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REPORT: Greece Says It Has Secured A Bailout Extension
Greek finance minister Yannis Stournaras has secured a 2-year extension to meet its bailout targets, according to ForexLive. The troika –EU, IMF and ECB – reportedly gave in on two major issues. The...
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Markets Have Staged An Impressive Turnaround This Morning
Things were looking ugly this morning, but things have staged an impressive turnaround this morning. Italy, for example, had been down 1% this morning. Now its up 0.4%. What's helped? There are reports...
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On Wall Street Trading Desks, Here's What They're Chatting About Right Now
Dave Lutz of Stifel, Nicolaus sends along the topics about which he is chatting with clients. We summarize in bullet points. Markets a touch higher, but some stress still in EU bonds. Solid Chinese...
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Facebook Stock Is Soaring! It's Up 24% (FB)
Facebook reported strong earnings yesterday. The key news: Facebook finally re-accelerated its advertising revenue growth. It demonstrated that it can be a very big business on mobile, where everything...
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Yet Another Mega-Company Says The Solar Market Is Crashing
After GE and Siemens, a third major industrial powerhouse has warned the solar energy market is floundering. DuPont CEO Ellen Kullman said on the company's Q3 earnings call this week that overcapacity...
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PMI Comes In Just Below Expectations At 51.3
Flash PMI is out. The reading came in at 51.3 versus consensus estimates of 51.5. That's still a bit higher than last month's reading of 51.1. However, input prices really led the gains – that...
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The 20 Fastest Growing Economies In The World
According to the International Monetary Fund, there is a 1 in 6 chance that global growth dips below 2% in 2013, which would throw advanced economies back into a recession. But the IMF’s recently...
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MARKETS EXPERT DAMODARAN: One Aspect Of The Fiscal Cliff Scares Me More Than...
NYU finance professor and valuation expert Aswath Damodaran was just on CNBC discussing the stock market. When asked to weigh in on the latest correction, Damodaran said that this one is "healthier"...
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CHART OF THE DAY: Chinese Stocks Are Signaling A Big Jump In GDP Growth
Economists have long debated whether China's slowing economy was headed for a hard or soft landing. But in recent weeks, many have noticed the "green shoots" coming out of the world's second largest...
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ADP Is Making A Big Move To Improve Its Controversial Jobs Report
ADP announced today that starting Nov. 1 it would release an expanded payroll survey method to include more firms and employees. Since 2006, ADP has published monthly payroll data from an anonymous...
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STOCKS FALL: Here's What You Need To Know (DIA, SPY, QQQ)
The world's largest economies told us what their manufacturing industries looked like. We also got an update from the Federal Reserve. Facebook exploded higher. And Business Insider rang the opening...
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Zynga Reports Third-Quarter Earnings (ZNGA)
Zynga, the troubled maker of social games, announced its third-quarter earnings today. As expected, it reported a loss of 7 cents per share, confirmed layoffs of 150 employees, and unveiled a...
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Best Buy Is Cutting The Top Execs Of Its US Business (BBY)
Best Buy is cutting the senior-most layer of its U.S. operations. The current president of Best Buy's U.S. business, Mike Vitelli, is on his way out. He'll be retiring at the end of the fiscal year....
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Bulk Food Supplier Reveals How Much More Restaurants Are Paying For Food
The full toll this summer's epic drought took on the economy is still being reckoned. But Bruce Reinstein, V.P. of strategic development & sourcing for Consolidated Concepts, a bulk purchasing firm...
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Obama Has Released A 27-Point Plan For His Second Term, And It's A Doozy
After failing to deliver a line by line economic plan, the Obama campaign stepped up to the plate this week and delivered a glossy memo with 27 points on how he would use a second term in office. It's...
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Why You Can't Blame Bush For The Great Recession
Washington has produced lots of policy in response to the Great Recession. TARP, the $800 billion stimulus, Dodd Frank, HAMP and HARP, the QEs. But would policymakers have acted differently if they...
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