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Blyth shares slump after Moody's downgrades outlook, says it's wary of company's spinoff planBlyth Inc.'s shares plunged Friday after Moody's downgraded its outlook on the company that sells candles and weight loss products.THE SPARK: Moody's Investors Service lowered its outlook on Blyth Inc. late Thursday to "negative" from "stable" on its concerns about the company's plans to spin off its weight...
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DMK, a key ally of the Congress-led UPA at the Centre, on Friday urged India not to fall into the evil trap laid by Sri Lankan President Mahinda Rajapaksa as Colombo was cosying up towards China and Pakistan and it was "no more a friendly nation for India."cadres, DMK President M Karunanidhi stoutly opposed the visit of Rajapaksa to India and Prime Minister Manmohan Singh hosting a dinner in his h...
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Gold rose back above $1,770 an ounce on Friday as expectations that central bank measures to stimulate growth would boost liquidity, fuel inflation and keep interest rates at rock bottom put the metal on track for a fifth straight week of gains.A firmer tone across the financial markets also supported bullion. European shares and the euro rose, while oil rebounded from a 1-1/2 month low, as investors...
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LONDON (Reuters) - A question mark hangs over the future of Spanish rock festival Benicassim after its owners said on Friday that they had been unable to secure the funding they had been seeking in recent weeks and asked that its London-listed shares be suspended....
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Sales down 14.8% – but retailer hopeful pre-Christmas music, DVD and games releases will boost performanceHMV is winning a greater share of the music and video games markets – but they are markets in rapid decline. Photograph: Jason Alden/Rex Featureshas admitted its sales have continued to slide over the past few months, sending its shares dropping by 8%.In an unscheduled statement on Friday, a week...
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jumped nearly 250 points to reclaim the 18,500 mark while the broader Nifty bounced back above the key 5,600 mark Friday. The strong gains came on the back of positive global cues and the government's notification allowing foreign investment in multi-brand retail, aviation, and broadcast on Thursday. The rupee, too, saw gains and traded at 54.08 to the dollar.The government implemented its reforms...
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relaxed and creative work environment, international atmosphere and innovative products.: Google continues to be a hot favourite for career seekers as the company has emerged as the world's most attractive employer, for the fourth consecutive year, says a survey. According to global employer brandingApple's new Maps app debuted yesterday and people are not happy about it. In case you haven't heard,from...
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Govt plans to declare transport as an essential service. The move is similar to the's...
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the nation’s fifth-largest commercial lender by deposits, may be downgraded onelevel by Moody’s Investors Service as rivals recover and posestronger competition.“The rating review will consider U.S. Bancorp’s long-termability to sustain its consistent, superior performance in lightof increasing competition now that its peers have largelyreturned to health and are actively seeking growth,” Moody’ssaid...
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were no major picketing anywhere, Metro and suburban railway services ran uninterrupted; a few government buses did the rounds. Yet, barring government employees who trudged down to register attendance, most people preferred to stay. If the past three days had been disruptive, the near-total shutdown on Thursday leftexasperated, reviving memories of the dark 1970s and 80s when strikes and bandhs were...
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U.S. stocks reversed early lossesas ConAgra Foods Inc. led consumer-staples companies higherafter boosting its profit forecast and energy shares halted athree-day slump.ConAgra, the maker of Orville Redenbacher’s popcorn, surged6.4 percent after also increasing its dividend. Exxon MobilCorp., Chevron Corp. and Schlumberger Ltd. paced an advance inenergy producers.Benchmark indexes slumped earlier as...
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