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Charles Brown
15 Dec, 2011 | 11:03 AM
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Breakfast Bites; All is right with the world this morning as economic bellwether FedEx beats estimates and a bevy of positive economic data hits the tape Profit for the three months through November rose to $497 million or $1.57 a share from $283 million or .89 cents a year earlier. The consensus was for $1.53. Prices paid to U.S. wholesalers excluding food and fuel rose less than forecast in November indicating that inflation will remain contained. ...
New York Stock Exchange
13 Dec, 2011 | 09:30 AM
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Courtney Raio
12 Dec, 2011 | 05:54 PM
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Markets closed down today though off their intraday lows (DJIA was down as much as 243 pts) on dwindling conviction in the agreement European leaders settled on at last week’s summit. ...
Parasnand Madho
12 Dec, 2011 | 08:55 AM
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Ahead of the Bell: Dow futures are trading down 69 points and S&P futures are trading down 8.40 points as investors have become skeptical of the ability for the EU deal announced on Friday to adequately address Europe’s debt issues as the deal does not appear to address the immediate short-term issues.     ...