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Pfizer, Roche disappoint with forecasts

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Top global drugmakers Pfizer Inc and Roche Holding AG , posted uninspiring results and gave lackluster forecasts on Thursday, sending shares in both companies down more than 2 percent.
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Iran says launches satellite rocket

Iran said on Wednesday it had launched a Kavoshgar-3 rocket capable of carrying a satellite -- a move that may add to Western concern about Tehran's nuclear program.
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Stock futures little changed ahead of data

U.S. stock index futures were mostly flat on Wednesday, following two days of strong market gains and ahead of key jobs and services sector data expected to show the U.S. economy has continued to improve.
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Stock futures flat ahead of jobs, services data

U.S. stock index futures were mostly flat on Wednesday, following two days of strong market gains and ahead of key jobs and services sector data expected to show the U.S. economy has continued to improve.
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Time Warner profit up, dividend raised

Time Warner Inc reported stronger quarterly profit and slightly higher revenue courtesy of hit movies like Sherlock Holmes and The Hangover, and it became the second major media company in as many days to raise its dividend.
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Honda hoists profit forecast, sees further growth

Honda Motor Co lifted its annual guidance far beyond market expectations on Wednesday after cost cuts drove quarterly profit to the strongest in a year and a half, and said it anticipates further growth next financial year.
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World stocks, oil rise after U.S. data and earnings

World stocks rose for a third day running on Wednesday as better-than-expected U.S. company earnings and firm data raised expectations that the economy would keep strong momentum into the first quarter.
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Toyota U.S. sales hit by recall

Toyota Motor Corp suffered a sharp drop in U.S. sales last month as its massive recall and unprecedented sales halt allowed rivals to grab market share from the world's largest automaker.
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Toyota U.S. sales reel from crisis

Toyota Motor Corp suffered a sharp drop in U.S. sales last month as its massive recall and unprecedented sales halt allowed rivals to grab market share from the world's largest automaker.
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Asia shares rise on U.S. cues

Asian shares powered ahead on Wednesday with energy and resources stocks leading the way, as demand for riskier assets increased after Wall Street rallied on upbeat U.S. earnings and economic data.
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Iran makes new nuclear offer

President Mahmoud Ahmadinejad said on Tuesday Iran was ready to send its enriched uranium abroad in exchange for nuclear fuel, and a U.S. official said Washington was prepared to listen if Iran was making a new offer to break an impasse over its disputed nuclear program.
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Cyberthieves are hiring, using online ads

The people who brought the world malicious software that steals credit card numbers from your personal computer and empties bank ATMs of their cash are hiring, and they're advertising online.
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Microsoft's Bing will make money: executive

Microsoft Corp's 10-month-old search engine Bing, which has struggled to make headway against Google, can be a viable runner-up and make money online eventually, according to one of its top executives.
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SEC case against Madoff associates dismissed

A federal court dismissed fraud claims brought by the U.S. Securities and Exchange Commission against three Cohmad Securities Corp executives accused of helping Bernard Madoff conduct a $65 billion Ponzi scheme.
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Volcker urges curbs on big banks' risky trades

White House economic adviser Paul Volcker on Tuesday told Congress to curb risky investing by big banks, warning his soul would haunt lawmakers when the next banking crisis hits if they did not heed him now.

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