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Wal-Mart Cuts Download Prices

Wal-Mart Stores Inc. said it is cutting prices for some MP3 downloads by 22%, racheting up competition among online music retailers. read more »
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Big Hedge Fund Loser Gets Booed Off Stage Before Borrowing Mom's Yacht For Bash

ohn Devaney, who be came the poster-boy for hedge-fund blow-ups when his $600 million fund went belly-up earlier this year after a wrong-way bet on t[...] read more »
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National City Deal Leaves Some Analysts Puzzled

National City’s sale to PNC Financial Services Group has surprised some Wall Street analysts who did not see an immediate catalyst for the sale given[...] read more »
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Microsoft suggested to adjust price in China

A top Chinese copyright official on Monday suggested Microsoft to consider more about "the price affordability of Chinese customers" amid recent "[...] read more »
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GE tests Fed’s new commercial-paper facility

General Electric tested the Federal Reserve’s latest effort to restore confidence and liquidity to the US credit markets, borrowing less than $5bn fr[...] read more »
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Japan's Short-Selling Rules Brought Forward to Today

Japan brought forward restrictions on short selling of shares after stocks in Tokyo extended declines to the lowest levels since October 1982. read more »
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Today's Rip Van Winkle Would Get a Real Shock

Imagine what Rip Van Winkle might make of the world today. read more »
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Libor, or the Tango of White-Hot Hate

The exegesis on the global financial crisis that you've all been waiting for has finally arrived. L read more »
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Tokyo Housing Is Set for `Full-Blown' Drop, Mori Says

Tokyo residential-property prices are set for a ``full-blown'' drop after the number of unsold homes increased this year, said Minoru Mori, chairma[...] read more »
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How Many Xbox 360 Units Will Microsoft Ship in Q4?

potential for Microsoft cracking 10 million units in Q4. read more »
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Goldman chief sought tie-up talks with Citi

Lloyd Blankfein, Goldman Sachs' chief executive, called Vikram Pandit, his Citigroup counterpart, last month to discuss a merger, in a dramatic exam[...] read more »
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LAMPERT'S A HUGE LOSER: $30M/HOUR

Even for a billionaire hedge-fund titan, losing $30 million an hour has got to be a bummer read more »
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US ethanol firms can tap farm loan guarantees

STRUGGLING US corn-based ethanol producers can take advantage of a government program that helps farm-related companies with loan guarantees, USDA Se[...] read more »
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Parsing the Mystery Foundry Press Release

Foundry Networks announced on Friday that it had adjourned its shareholder meeting from that day until Oct. 29 because of “recent developments relate[...] read more »
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Capital One to sell $3.55B in stock to government

Capital One Financial Corp. plans to sell $3.55 billion in preferred stock and warrants to the Treasury Department under the government's capital pu[...] read more »
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