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 Investors Show Optimism for Global Growth
The New York Times, November 25, 2014 Tuesday

 The stock market maintained momentum on Monday as investors showed confidence that stimulus measures from the world's central banks would help revive global growth. Stocks have surged since bottoming out in a slump that stretched from mid-September to mid-October. The rally has been driven by optimism that central banks in Europe, China and Japan will take action to help invigorate economic growth outside the United States, where the Federal Reserve ended its bond-buying stimulus program last...
 Citigroup Is Fined Over Acts by Analysts
The New York Times, November 25, 2014 Tuesday

 More than a decade after prosecutors cracked down on research analysts who served the interests of investment banks over the investing public, one firm at the center of that scandal -- Citigroup -- continued to blur the lines, according to a financial regulator. On Monday, the Financial Industry Regulatory Authority, or Finra, fined Citigroup $15 million for failing to adequately supervise its research analysts' interactions with the bank's clients.
 AstraZeneca expanding its footprint in Maryland
The Washington Post, November 25, 2014 Tuesday

 British drugmaker AstraZeneca plans to spend $200 million over the next three years expanding its manufacturing facility in Frederick, Md., and hiring an additional 300 workers at the site, executives said.
 Budweiser gives Clydesdales holiday pink slip
The Kansas City Star, November 24, 2014 Monday

 Budweiser is putting its Clydesdale out to pasture for the holidays. The country's No. 3 beer brand says the horses will not appear in its holiday advertising this year. A spokesman for owner Anheuser-Busch InBev was unable to say Monday if the Clydesdales would be featured in ads during the Super Bowl.
 Dow 18,345! Analysts eye 13 stocks; Better than average gains expected over the next 18 months
USA TODAY, November 24, 2014 Monday

 The up, up and away U.S. stock market has put the blue-chip Dow Jones industrial average within striking distance of Dow 18,000. Friday, the Dow climbed 91.06 points, or 0.5%, to close at 17,810.06, which was its 28th record close of the year. The Standard & Poor's 500 also rose 0.5% to close at its 45th record of the year. It capped off a five-week winning streak that has the stock market packing some serious momentum as it heads into the final weeks of the year.
 Yahoo Usurps Google's Role With Firefox
The New York Times, November 24, 2014 Monday

 After a lucrative 10-year relationship, Mozilla is breaking up with Google and switching to Yahoo as the default search provider for its popular Firefox web browser. Mozilla's partnership with Google had been rocky for years, so its end was not entirely unexpected. Google is America's favorite search provider, with about two-thirds of the market, according to comScore, but it also created and actively promotes its own web browser, Chrome. Mozilla, meanwhile, has sought to create its own mobile...
 GM to invest $200M in Mich. plants
The Detroit News (Michigan), November 22, 2014 Saturday

 The Detroit News General Motors Co. said Friday it will invest $200 million at its Orion Assembly Plant and Pontiac Metal Center to help prepare for a future vehicle. The automaker said no new jobs are part of the investments. The investment includes $160 million for tooling and equipment at Orion Assembly in Orion Township. Pontiac Metal Center will receive $40 million investment for new dies. The automaker did not give any specifics on the vehicle, or when the investment would occur, but it's...
 Amid declining profits, SeaWorld needs a new vision
Orlando Sentinel (Florida), November 23, 2014 Sunday

 You can hide reality for only so long. And for SeaWorld, time ran out when it had to release its quarterly earning reports. Shamu is no longer swimming in cash. Despite the park's earlier contention that everything was fine and dandy in whale world, profits dropped 28 percent this past quarter. That came on the heels of plummeting stock prices. SeaWorld stock is now worth half what it was last spring. Pretty soon, you'll be able to get a Shamu share free with every tray of baitfish purchased at...
 Many can't move past part-time positions; 7 million reluctantly relying on series of jobs
The Boston Globe, November 24, 2014 Monday

 The number of workers stringing together part-time jobs because they can't find full-time employment remains at historically high levels more than five years after the recession ended, another sign that the economic recovery has yet to reach millions of people in New England and across the country. Historically, the numbers of so-called involuntary part-time workers increase during recessions and their immediate aftermaths as companies cut hours and cautiously add employees. Once the economy...
 TJX quarterly sales climb 6% over year
The Boston Globe, November 23, 2014 Sunday

 Carol Meyrowitz is the chief executive of TJX. Framingham discount retailer TJX Cos., which includes stores T.J. Maxx, Marshalls, and HomeGoods, reported third-quarter sales, plus lower-than-expected forecasts in part due to currency translation costs. Sales rose 6 percent from the same period last year to $7.36 billion, short of Street estimates of $7.44 billion. Net income was $595 million, or 85 cents per share, in line with estimates and up 13 percent from last year. Consolidated comparable...
 Chrysler Details Its Plans to Improve Recall Efforts
The New York Times, November 23, 2014 Sunday

 Chrysler agrees with federal regulators that roughly 1.6 million Jeeps being recalled over a deadly fire hazard in rear-impact crashes are not being fixed quickly enough, and it plans to improve, according to a letter the automaker sent to the National Highway Traffic Safety Administration on Friday.
 Intel sees modest growth ahead
The Oregonian (Portland Oregon), November 21, 2014 Friday

 SANTA CLARA, Calif. — What a difference a year makes. Twelve months ago, when Intel last gathered investors at its headquarters here, the chipmaker’s business was under siege. Sales were flat, Intel’s core PC market appeared to be drying up and the company had whiffed on the rise of smartphones and tablets. Chairman Andy Bryant said as much, declaring he was “embarrassed” by how badly Intel was performing. On Thursday, at this year’s investor meeting, Bryant was making no apologies. PC sales...
 U.S. retailers refine tactics for shipping
Chicago Tribune, November 21, 2014 Friday

 This holiday season, retailers' battle for your shopping dollars has a new front line: Your doorstep. With a projected $105 billion worth of online purchases up for grabs, retailers, including Wal-Mart, Target, Macy's and Best Buy, are making a high-stakes gamble that delivering packages faster and more cheaply will make them more competitive against e-commerce giants such as Amazon.com that have encouraged shoppers' expectations of instant gratification. Gambits such as same-day delivery or...
 ThyssenKrupp Posts First Annual Profit in 3 Years
The New York Times, November 21, 2014 Friday

 ThyssenKrupp, the German steel maker and industrial conglomerate, reported its first annual net profit in three years on Thursday. And in an apparent sign of confidence, the company proposed paying a small dividend of 11 cents a share for the first time in three years. ThyssenKrupp, which is based in Essen, said that net income for the financial year ended Sept. 30 was 195 million euros, or about $244 million, compared with a €1.6 billion loss in the previous year. Sales were...
 Best Buy Profit Nearly Doubles in Quarter, With Online Sales Up 22%
The New York Times, November 21, 2014 Friday

 Cost-cutting and an improved web strategy helped Best Buy almost double its profits in the third quarter, the retailer indicated on Thursday. The earnings report signaled to analysts that the company was on solid footing heading into the holiday shopping season. ''Retailers, a year or two ago, were sort of 'Oh my gosh, we've got to compete with online,' and maybe the business grew a little, but it wasn't a cohesive omni-channel strategy,'' said David Schick, an analyst with Stifel Nicolaus,...
 Safety Agency Admonishes Chrysler for Handling of Jeep Recall
The New York Times, November 21, 2014 Friday

 WASHINGTON -- Chrysler needs to take ''significantly more aggressive steps'' to repair Jeeps the government says are prone to deadly fires in rear-impact crashes, the nation's top automotive safety official wrote in a letter sent to the company on Thursday.
 Airbus Wins Delta Order on Promise of Delivery
The New York Times, November 21, 2014 Friday

 Airbus scored a big victory over Boeing on Thursday when Delta Air Lines said it would buy 50 new planes from Airbus, including its newest long-range A350 aircraft. The order came after months of jostling between Airbus and Boeing for the Delta bid, and it represented a coup for the European manufacturer in the United States wide-body market. Delta said it would buy 25 A350-900s for its Pacific Ocean flights and 25 A330-900neos, primarily for Atlantic Ocean flights. All the planes will be...
 MARKET ROUNDUP; S&P 500, Dow edge back up to records
Los Angeles Times, November 21, 2014 Friday

 U.S. stocks rebounded Thursday, sending the Dow Jones industrial average and Standard & Poor's 500 index back into record territory. It was the second record-high close for the Dow this week and the third for the S&P 500. The modest gains erased losses from the day before, pushing the three major stock indexes further ahead for the week.
 Dollar Tree expects antitrust approval of Family Dollar deal, with few divestitures
Charlotte Observer (North Carolina), November 20, 2014 Thursday

 In a potential boost for its attempt to acquire Matthews-based Family Dollar, the CEO of Dollar Tree said Thursday that he expects federal antitrust regulators will require the company to divest fewer of its stores to gain approval for the deal.
 Netflix now makes up a third of all Internet traffic in North America; Netflix makes up 35 percent of downstream Internet traffic during peak hours, according to a new report. Between Netflix, Facebook, YouTube, and other applications, users are downloading about 20 gigabytes of data each month.
The Christian Science Monitor, November 20, 2014 Thursday

 It's a standard ritual: come home from work, make dinner, watch a movie or some episodes of a TV show on Netflix. So many people are enjoying similar evenings, in fact, that video streamed over Netflix now makes up more than a third of all downstream Internet traffic in North America during peak hours, according to a new report from research firm Sandvine.
 Staples will now shut 170 stores this year
The Boston Herald, November 20, 2014 Thursday

 Staples Inc. is accelerating its store closings this year and making progress toward its 'reinvention,' but the office supply chain expects fewer holiday sales compared to last year.
    

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