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Molson Coors volume slips, shares fall

Molson Coors Brewing Co said beer volumes continue to decline in the current fourth quarter as consumers remain focused on value, and shares fell 8.5 percent.
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Futures Market Summary - Nov 04

US TREASURIES weakened for a third session as the FOMC announcement continued support the near zero interest rate policy it has maintained to support economic recovery.
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Kraft faces tougher Cadbury pitch, bid seen Monday

Kraft Foods Inc faces a tougher task winning over Cadbury Plc shareholders after disappointing results reinforced the view that it will formalize its existing offer for the British chocolatier next week rather than present a higher bid.
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Stocks rally stalls late after Fed statement

U.S. stocks mostly eked out a gain on Wednesday, giving back a big slice of the day's advance after the Federal Reserve reiterated its intent to keep rates low, but gave investors few new reasons to boost holdings.
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Comcast beats Street on phone, Internet service

Comcast Corp's quarterly profit rose a better-than-expected 22 percent, as it sold more phone and Internet subscriptions, helping to fight competition from phone and satellite companies.
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News Corp quarterly revenue falls, profit rises

News Corp reported lower revenue on Wednesday because of advertising declines at its television stations and newspapers, while profit rose because of stronger performance at its cable television, movie and book units as well as cost cuts.
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U.S. services sector grows, job losses slow

The U.S. services sector grew modestly for a second month in a row in October and private sector employers cut jobs at the slowest pace in more than a year, adding to signs the economy is crawling back to health.
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Chrysler not burning cash, sees savings -Fiat CEO

Chrysler is making an operating profit and building cash, the No. 3 U.S. automaker's boss told reporters and industry executives on Wednesday as he unveiled a five-year plan to turn the company around.
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Stocks advance after Fed's statement

U.S. stocks briefly touched session highs on Wednesday after the Federal Reserve said it would keep borrowing costs near zero for an extended period even though it expressed confidence the U.S. economic recovery was gaining momentum.
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Springsteen to perform more albums in entirety

Bruce Springsteen is dusting off his catalog once again, as he and the E Street Band have announced two more full-album performances this coming weekend at Madison Square Garden in New York.
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Molson Coors profit tops view, volume slips

Molson Coors Brewing Co said beer volumes continue to decline in the current fourth quarter as consumers remain focused on value, pushing shares down 7 percent despite a better-than-expected quarterly profit.
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Shareholders need real voice: SEC chief

The top U.S. securities regulator on Wednesday called on Corporate America to modernize its proxy voting practices to give shareholders a greater voice in governing the companies they own.
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Proved Reserves of Crude Oil Fall in 2008, Reflecting Low End-of-Year Prices

The Energy Information Administration's (EIA) U.S. Crude Oil, Natural Gas, and Natural Gas Liquids Proved Reserves, 2008 reports that proved reserves of crude oil fell by more than 10 percent in 2008, primarily because of low end-of-year prices used to estimate proved reserves, even though discoveries of crude oil rose for the third year in a row. In contrast, proved reserves of natural gas rose by 3 percent in 2008, despite low end-of-year prices.
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Chrysler pitches turnaround plan

The mood in the global automotive industry has shifted to cautious optimism, marked by the unveiling on Wednesday of Chrysler's turnaround plan and General Motors' plan to keep its Opel unit.
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Stocks climb after Fed statement

Stocks resumed their climb back toward session highs on Wednesday after the Federal Reserve held its stance to keep borrowing costs near zero for an extended period even though it expressed confidence the U.S. economic recovery was gaining steam.
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Democrats get warning shot for 2010 elections

The Obama White House on Wednesday attempted to play down election losses in Virginia and New Jersey in contests that analysts said served as a warning shot to Democrats looking ahead to 2010 voting.
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Nicholas Stern sees good chance for deal in Copenhagen

World powers have a very good chance of reaching a political deal to target global curbs in carbon emissions at a U.N. conference in Copenhagen next month, British climate change expert Nicholas Stern said on Wednesday.
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For Americans, deficit pain is felt close to home

Christopher O'Neill is worried about the deficit. The deficit, that is, in his personal income after the 26-year-old Miami finance analyst was forced to find a temporary job paying $20,000 a year less than he earned until January when he was laid off from his auditor's post in Miami.
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GM Opel U-turn awkward for Merkel but no disaster

General Motors' decision to keep its European unit Opel is embarrassing for German Chancellor Angela Merkel, who had lobbied for a sale, but the U.S. group's U-turn deals no lasting blow to her new government.

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