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Why Apple's Mobile Leader Scott Forstall Is Out (AAPL)
Scott Forstall, the executive at Apple who led development of its mobile software, iOS, is leaving the company. While Apple just announced the news, there are already multiple reports leaking the real...
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WAPO/ABC POLL: Obama Gains One Point, Pulls Into A Dead Tie With Romney
President Barack Obama inched up one point in Monday's Washington Post/ABC News tracking poll, pulling into a dead heat with Republican challenger Mitt Romney, 49 percent to 49 percent. That's the...
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Wall Street Analyst Explains The 'Catastrophe Process' That's Unfolding In...
A beautiful, and philosophical little note from SocGen FX analyst Sebastien Galy, which he just blasted out to clients. Winds accelerated sharply and the pier in front of our building is now a third...
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The US Stock Markets WILL Reopen Tomorrow
Just reported by Bloomberg: US markets WILL reopen tomorrow. US markets have been closed Monday and today due to Hurricane Sandy. Getting the market reopened for tomorrow has always been an important...
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It Was Pretty Clear During The Hurricane That Best Buy's Training Initiative...
Best Buy has been spending a ton more on training in hopes that its employees will operate as smoothly as the teams at Apple's Genius Bar. But how Best Buy handled staffing and closures after...
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BLS Working Hard To Ensure The Jobs Report Comes Out On Friday
Oct. 30 (Bloomberg) -- The Labor Department is striving to issue its monthly report on employment in the U.S. in three days as scheduled, a spokesman said today. “The employees at the Bureau of Labor...
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WHITNEY TILSON: Here's Why I'm Voting For Obama Again
Hedge fund manager Whitney Tilson is a well known Democrat and Obama supporter, but his latest defense of Obama's record is still interesting reading, since it's one of the deepest dives into the...
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CHART OF THE DAY: Another Chapter In The Biggest Economic Story In The World
Business Insider's Joe Weisenthal has dubbed the comeback of the US consumer and housing market as the "Biggest Economic Story In The World." Earlier today, we got more confirmation of this via the...
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WAPO/ABC POLL: Mitt Romney Gains Back The Lead Over Obama
Republican nominee Mitt Romney gained a one-point lead on President Barack Obama in the latest Washington Post-ABC News daily tracking poll. It is the fifth consecutive day that the race has been...
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Manhattanites Give Mayor Bloomberg Mostly High Marks For Sandy Management
Half of the city is without power. The subways are flooded. And every other restaurant is closed. But most Manhattanites are praising Mayor Bloomberg for his handling of Hurricane Sandy. "Fantastic...
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Two Ugly Numbers Out Of Asia
Asia is waking up to two ugly data points out of its biggest exporters. South Korea's industrial output climbed by just 0.8 percent month-over-month in September. This was below the 1.1 percent...
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Now General Motors Is Ripping Mitt Romney For Lying About The Auto Industry
Apparently undeterred by the backlash over his false claim that Chrysler is shipping U.S. jobs overseas, Mitt Romney broadened his attack to include General Motors Tuesday. And General Motors was not...
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DEAR WALL STREET: Here's What You Need To Know Before You Go Back To Work...
With US financial markets largely closed the last few days, and everyone's attention homed in on Hurricane Sandy, Wall Streeters need some catching up to prepare for Wednesday's opening of financial...
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David Einhorn Is Shorting Iron Ore
Hedge fund hot-shot David Einhorn, the founder of Greenlight Capital, spoke at the Great Investor's Best Ideas investment symposium in Dallas on Tuesday. According to the Twitter feed of portfolio...
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Markets Are Up Around The World
Markets are up early in the European trading session. England's FTSE 100 is up 0.1%. France's CAC 40 is up 0.6%. Germany's DAX is up 0.7%. Spain's IBEX is up 0.4%. Italy's FTSE MIB is up 0.7%. U.S....
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Big Jump In German Retail Sales
German retail sales jumped 1.5 percent in September, blowing past expectations for a 0.3 percent gain according to Bloomberg. Markets are rallying around the world. Germany's DAX is up a solid 0.7...
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EL-ERIAN: Based On The Info Available, I Have Made 4 Observations About...
As our thoughts remain with all those who have been horribly affected by the devastation that hit the U.S. Eastern seaboard and its aftermath, we are being asked about the implications of Hurricane...
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OUCH: Euro Area Unemployment Hits A Record High
The euro area unemployment rate climbed to 11.6 percent in September, an record high. This was higher than the 11.5 percent expected by economists. From the announcement: The euro area1 (EA17)...
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10 Things You Need To Know Before The Opening Bell (DIA, SPY, QQQ, DIS)
Good morning. Here's what you need to know. Asian markets were higher in overnight trading, with the Nikkei and the Hang Seng both rising 1 percent. European markets are higher across the board after a...
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Greece's 2013 Budget Is A Total Disaster
Greece just released its 2013 budget – the one that needs to be approved by troika lenders in order to secure more financial aid – and it's not pretty. According to the document (numbers via The...
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