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Agricultural demand fuels Deere results, outlook

Deere & Co reported a 46 percent rise in quarterly earnings and projected substantial growth for 2012 amid strong global farming conditions and higher prices, sending its shares higher in an otherwise weak stock market.

Jobless claims rise, spending barely up

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The number of Americans filing new unemployment claims rose last week and consumer spending barely increased in October, according to data on Wednesday which could prompt economists to tamp down on expectations for solid growth in the current quarter.
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A huge Euro logo is pictured past the headquarters of the European Central Bank (ECB) in Frankfurt

German 10-year Bond Auction a 'Disaster'

A disastrous sale of German benchmark bonds sparked fears on Wednesday the debt crisis was beginning to threaten even Berlin, with the Bundesbank forced to dig deep into its pockets to ensure the auction did not fail.
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Online holiday sales to rise 15 percent: comScore

U.S. online spending should increase 15 percent this holiday season, outpacing even last year's torrid growth, as shoppers are enticed by more retailers offering free or low-cost shipping, analytics firm comScore said.
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Pakistan Names 'Dedicated Democrat' as U.S. Envoy

Pakistan appointed a former information minister and human rights campaigner as its ambassador to the U.S. States Wednesday, moving quickly to fill a post left vacant after tension between the civilian government and military.
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Mortgage purchase demand rises

Purchase applications for home mortgages rebounded last week, but demand for refinancing sagged for a second week in a row, an industry group said on Wednesday.
A woman shops for refrigerators at a store in New York

Durable Goods Orders Ex-Transportation up in October

New orders for a range of long-lasting U.S. manufactured goods unexpectedly rose in October, but sharp downward revisions to the prior month's data and weak spending plans by businesses suggested manufacturing was taking a breather.
Finance ministers, Germany's Schaeuble, Greece's Venizelos and Dutch de Jager talk together during an eurozone finance ministers meeting in Brussels

'Disastrous' Bond Sale Shakes Confidence in Germany

A disastrous German bond sale on Wednesday sparked fears that Europe's debt crisis was even beginning to threaten Berlin, with the leaders of the euro zone's two strongest economies still firmly at odds over a longer-term structural solution.
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Fed to Test Six Big Banks for Euro Stress

The Federal Reserve plans to stress test six large U.S. banks against a hypothetical market shock, including a deterioration of the European debt crisis, as part of an annual review of bank health.
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Mortgage purchase demand rises: MBA

Purchase applications for home mortgages rebounded last week, but demand for refinancing sagged for a second week in a row, an industry group said on Wednesday.
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U.S. court awards Dupont $920.3 million in damages

A U.S. court awarded DuPont $920.3 million in damages on Tuesday, ruling that South Korea's Kolon Industries Inc <120110.KS> violated trade secrets for a fiber used to make Kevlar bulletproof vests, Kolon said on Wednesday.

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