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26 MINS AGO - Wall Street Journal

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U.K.'s Retail Sales Falling

With the U.K.’s main trade partner, the eurozone, facing an increasingly difficult economic climate, British recovery is highly dependent on its own consumers.

Tags: U.K.'s Retail Sales Falling,  Retail Latest News

25 MINS AGO - Women\'s Wear Daily

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Europe’s Markets Mixed

Retail and luxury stocks were varied, as well, in mid-morning trading on Thursday. Continue reading...Follow WWD on Twitter or become a fan on Facebook.

Tags: Europe’s Markets Mixed,  Retail Latest News

1 HOUR AGO - Business Insider

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Tesco CEO Makes An Extraordinary Admission After Profits Collapse (TSCO)

When former Unilever executive Dave Lewis took over as Tesco's new CEO in July — three months earlier than expected — he had no idea of the time bomb he was inheriting.  In September, the world's second largest retailer announced that it overestimated its first-half profits by £250 million ($408 million), sending shares crashing. The British-based grocery chain swiftly axed four ...

Tags: Tesco CEO Makes An Extraordinary Admission After Profits Collapse (TSCO),  Unilever Latest News

1 HOUR AGO - Business Insider

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Tesco CEO Says He Had No Idea The Chain Was About To Implode When He Took The Job (TSCO)

When former Unilever executive Dave Lewis took over as Tesco's new CEO in July — three months earlier than expected — he had no idea of the time bomb he was inheriting.  In September, the world's second largest retailer announced that it overestimated its first-half profits by £250 million ($408 million), sending shares crashing. The British-based grocery chain swiftly axed four ...

Tags: Tesco CEO Says He Had No Idea The Chain Was About To Implode When He Took The Job (TSCO),  Unilever Latest News

OCT 22, 2014 - Business Insider

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Hyundai's Revamped Sonata Yet To Rev Up Key U.S. Market

By Hyunjoo JinSEOUL (Reuters) - The revamped Sonata sedan was supposed to help Hyundai Motor Co reverse sluggish sales, but the car described by some critics as a bland substitute for its popular predecessor is off to a slow start in the key U.S. market.The tepid reception for the new Sonata in Hyundai's biggest market after China spells more bad ...

Tags: Hyundai's Revamped Sonata Yet To Rev Up Key U.S. Market,  Hyundai Motor Company Latest News

4 HOURS AGO - Zero Hedge

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Russia is de-dollarizing

  The ruble and other currencies do not compete against the dollar. They are dollar derivatives. The dollar is headed to ruin, but that doesn’t mean that any other paper currency can replace it. The others will fail first. [See LCCN: 13001206 at catalog.loc.gov]. Library of Congress. Preservation Reformatting Division. Morgan Untermyer, Samuel, 1858-1940.Uniited States. Congress. House. Committee on Banking ...

Tags: Russia is de-dollarizing,  Gold Latest News

9 HOURS AGO - Zero Hedge

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Meanwhile, This Is Who Is Quietly Buying All The Cheap Oil

With the US Shale Oil industry up in arms, Venezuela screaming, and Russia awkwardly quiet (as the Ruble slides with the falling oil price stabilizing domestic inflows), the 'secret' Saudi-US oil deal that pressured prices for crude down to $80 (18-month lows today) has 'hurt' a lot of the world's producer nations. However, as Bloomberg reports, there is one nation ...

Tags: Meanwhile, This Is Who Is Quietly Buying All The Cheap Oil,  Gold Latest News

16 MINS AGO - Benzinga

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Credit Suisse Initiates FMC Technologies At Neutral

Analysts at Credit Suisse initiated coverage on FMC Technologies (NYSE: FTI) with a Neutral rating. The target price for FMC Technologies is set to $62. FMC Technologies' shares dropped 1.61% to close at $51.83 yesterday. Latest Ratings for FTI DateFirmActionFromTo Oct 2014Credit SuisseInitiates Coverage onNeutral Sep 2014FBR CapitalDowngradesOutperformMarket Perform Jul 2014Credit SuisseMaintainsNeutral View More Analyst Ratings for FTI View the ...

Tags: Credit Suisse Initiates FMC Technologies At Neutral,  Credit Suisse Latest News

5 MINS AGO - The Independent

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Credit Suisse swings back to profit after taking huge fines

Credit Suisse, which employs more than 7000 people in London, bounced back into the black today after taking a huge hit from fines in its first half.

Tags: Credit Suisse swings back to profit after taking huge fines,  Credit Suisse Latest News