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Report: Refco weighing acquisition offers
Oct 16 2005 8:38PM (CT)
NEW YORK (AP) - Several bidders emerged as potential buyers for all or parts of Refco Inc. as the commodities-brokerage firm considered placing its unregulated businesses into bankruptcy, The Wall Street Journal reported on its Web site Sunday, citing people familiar with the matter.
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Wall Street eagerly awaits earnings season
Oct 16 2005 8:38PM (CT)
NEW YORK (AP) - Wall Street is hoping that this week's cascade of corporate earnings reports will help the markets overcome an October scare prompted by increasing concerns that economic growth could skid to a halt.
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China, U.S. in talks on currency, trade
Oct 16 2005 8:00PM (CT)
BEIJING (AP) - U.S. Treasury Secretary John Snow and Federal Reserve Chairman Alan Greenspan were leading talks with China on Monday on economic issues _ including what the U.S. side said was a proposal by Washington for broad reforms to counter Beijing's huge and growing trade surplus.
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Cablevision CEO Dolan is hospitalized
Oct 16 2005 7:36PM (CT)
NEW YORK (AP) - Cablevision Systems Corp. CEO James L. Dolan has been hospitalized and is expected to undergo heart surgery Monday, the company said.
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St. Jude to acquire medical device maker
Oct 16 2005 7:21PM (CT)
PLANO, Texas (AP) - Pacemaker manufacturer St. Jude Medical Inc. said Sunday it will acquire Advanced Neuromodulation Systems Inc. for $1.3 billion in a deal aimed at diversifying its portfolio of medical devices and spurring growth.
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German coalition member rejects tax cuts
Oct 16 2005 3:58PM (CT)
BERLIN (AP) - Germany's finance minister-designate rejected new tax cuts in an interview published Sunday and renewed his call for the country to comply with European Union budget deficit rules in 2007.
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Capital Group aims to seal documents
Oct 16 2005 3:35PM (CT)
LOS ANGELES (AP) - One of the nation's largest money managers, with assets totaling more than $1 trillion, is attempting to limit access in a divorce case involving one of its executives because it doesn't want its financial records made public.
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One deal done, another to come for Boeing
Oct 16 2005 1:46PM (CT)
SEATTLE (AP) - As thousands of striking Machinists grabbed headlines last month, Boeing Co.'s other big union quietly submitted its wish list for a new contract.
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Pricey hats put the squeeze on cowboys
Oct 16 2005 1:39PM (CT)
PENDLETON, Ore. (AP) - In some parts of the country, a man can be judged by the cut of his suit or his designer tie. Here, in a town known for its rodeo culture, men size each other up by the quality of their cowboy hats.
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WTO head says Saudi Arabia likely to join
Oct 16 2005 10:34AM (CT)
HONG KONG (AP) - Saudi Arabia will likely join the World Trade Organization before the group's December summit in Hong Kong, the WTO chief said Sunday.
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Cox: SEC prepared to deal with fraud
Oct 16 2005 4:49AM (CT)
XIANGHE, China (AP) - Chairman of the U.S. Securities and Exchange Commission Christopher Cox said Sunday that his agency was better prepared than ever to police against financial fraud, though he refused comment on the latest case to jolt Wall Street.
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October scares investors more this year
Oct 16 2005 3:21AM (CT)
NEW YORK (AP) - Investors know October is the stock market's scariest month. But this October finds them even jumpier than usual. The magnitude of the year's calamities _ the tsunami, the Pakistan earthquake and Hurricane Katrina _ has prompted some to prepare for disasters of almost every stripe.
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