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Gold edges up in Asian trade

Gold prices rebounded in Asian trade Thursday as the dollar eased amid concerns over Greek debt crisis remained. Gold for immediate delivery was seen trading at $1175.84 an ounce at 11.30 a.m Singapore time while U.S. gold futures for June delivery was at $1176.9 an ounce at the same time.

SEC looks at Berkshire disclosure on Burlington: report

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The Securities and Exchange Commission is looking into disclosures made by billionaire investors Warren Buffett's Berkshire Hathaway Inc as it sought to purchase Burlington Northern Santa Fe Corp, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
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Five Best U.S. Cities for National Park Lovers

After a whirlwind road trip through five Utah national parks in three days, my husband declared that he would never again let me plan a vacation based solely on visiting national parks.
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Time Warner profit up on ad recovery, cable

Time Warner Inc posted a higher-than-expected quarterly profit on a rebound in advertising sales at its cable networks and magazines, as well as strong DVD sales of The Blind Side and Sherlock Holmes.
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Australian researchers discovers swine flu antidote

Scientists from an Australian biotechnology company Marinova Pty Ltd, have successfully isolated a natural extract from seaweed that has been proven to inhibit the H1N1 virus, a breakthrough that is anticipated as it offers hope in the management of influenza outbreaks.
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Stocks falter as Greece debt fears spread

U.S. stocks slipped on Wednesday on worries that Greece's debt crisis could spread to other euro zone nations, but losses were pared as some investors looked for bargains a day after a hefty sell-off.
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Wall Street falters as Greece debt fears spread

U.S. stocks slipped on Wednesday on worries that Greece's debt crisis could spread to other euro zone nations, but losses were pared as some investors looked for bargains a day after a hefty sell-off.
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This Week In Petroleum - Small Wells Grow in Importance

Headlines often focus on big discoveries or major new sources for crude oil. This can obscure the fact that as much as 20 percent of the Nation's crude oil production comes from marginal-volume stripper wells. Oil stripper wells generally produce from reservoirs that are approaching the end of their commercial lives and are typically operated by smaller independent companies. By definition, oil stripper wells are those that produce no more than 15 barrels of oil equivalent per day over a twelv...
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GM hires former Hyundai marketing chief

General Motors Co said on Wednesday it has hired Hyundai Motor Co's highly regarded former marketing chief in the fourth shake-up of GM's sales organization since the automaker exited bankruptcy.
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Nike sees sales up 40 percent by 2015

Athletic gear giant Nike Inc expects its revenue to rise more than 40 percent to $27 billion by 2015, helped by demand for its namesake athletic merchandise and fast-growing brands like Converse, the company said on Wednesday.
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Wall Street slips as Greece woes linger

U.S. stocks slipped on Wednesday on worries that Greece's debt crisis could spread to other euro zone nations, but losses were capped as investors looked for bargains a day after a hefty sell-off.
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Nike says revenue to jump over 40 percent by 2015

Nike Inc expects its revenue to rise more than 40 percent to $27 billion by 2015, helped by demand for its namesake athletic merchandise and fast-growing brands like Converse, the company said on Wednesday.
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US gold down but above lows on safe-haven bids

U.S. gold futures dropped to a one-week low on Wednesday as investors opted for cash to cover equities losses, but the risk of contagion spreading in the euro zone beyond Greece provided support to prices, traders said.
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Home loan demand up in tax credit's last days

Demand for loans to buy U.S. homes raced to a seven-month high last week in the last hurrah for federal homebuyer tax credits that ended April 30, Mortgage Bankers Association (MBA) data showed on Wednesday.

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