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Lululemon raises profit forecast, shares jump

Lululemon Founder to Step Down

Yogawear retailer Lululemon Athletica Inc said on Friday that its charismatic founder Chip Wilson will step down from his executive position.
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Progress Q1 outlook misses street view, shares down 9

Business software maker Progress Software Corp forecast first-quarter earnings below analyst expectations, as some of its customers continue to delay investments amid macroeconomic uncertainties, sending its shares down as much as 9 percent in trading after the bell.
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Why is Twitter Down? Site Greets New Year With Mass Outage

Twitter, one of the world's most popular social networks, is ringing in the New Year with mass outages, as the site goes down, comes back up, and then crashes again. Here, find out why the site is likely crashing, and how to try exchanging tweets without the main site, which Twitter engineers are working to fix as we speak.
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More pension plans count down to year-end mark

Tom Adams, chief financial officer of cigarette-maker RAI Inc , will be keenly focused on the stock market on Friday, not with his company's share price in mind, but rather with the fate of his pension plan's portfolio.
Teampoison

Anonymous Group Takes Down Colombian Government Web Sites

Anonymous-affiliated hacktivist group TeaMp0isoN said Wednesday evening that it had taken down four Colombian government websites, all of which are now shuttered and bear the words TeaMp0ison, a YouTube clip and a short message on a black background.
Gold pellets

Gold Down More Than 1% on Strong Dollar

Gold fell more than 1 percent in choppy trade on Wednesday, on track for its biggest one-day decline in two weeks, as a stronger dollar and risk-averse selling across the board also sent equities lower.
A S-Bahn city train is seen on a platform at the main railway station Hauptbahnhof in Berlin

Hackers could shut down train lines: expert

Hackers who have shut down websites by overwhelming them with Web traffic could use the same approach to shut down the computers that control train switching systems, a security expert said at a hacking conference in Berlin.
John Paulson, founder of New York-based hedge fund Paulson & Co., speaks at the Reuters Hedge Funds..

Paulson funds down again in December: source

There will be no holiday cheer for hedge fund manager John Paulson this month, as his dismal performance in 2011 is capped off by another miserable performance so far in December.
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Walgreen profit down, no Express Scripts deal

Walgreen Co posted a lower-than-expected quarterly profit on Wednesday as the largest U.S. drugstore chain's margins were hurt by lower reimbursement rates for prescriptions, fewer flu shots and its spat with pharmacy benefits manager Express Scripts Inc .
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Walgreen profit down, says no Express Scripts deal

Walgreen Co posted a lower quarterly profit as the largest U.S. drugstore chain's margins were hurt by lower reimbursement rates for the prescriptions it fills, fewer flu shots and its spat with pharmacy benefits manager Express Scripts Inc .
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Cablevision down 15 percent as executive quits

Shares of Cablevision Systems Corp fell more than 15 percent in early trading on Friday as investors sold off on uncertainty surrounding the sudden departure of the New York cable operator's well-regarded chief operating officer.
Melbourne Toddler Figures in Elevator Accident, Clings for Life

Suzanne Hart's Elevator Accident and 8 Fatal, Scary Incidents Like it

Suzanne Hart, a 41-year-old advertising executive at Young & Rubicam, on Wednesday became the latest person to die in an elevator accident, this time on Madison Avenue in New York City. Here is a list of other similar elevator accidents -- some fatal, others scary -- that has happened throughout history.
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Foreign investment in China down first time in 28 months

China's economic growth could be slowing further as data on Thursday showed the first year-on-year drop in foreign direct investment in 28 months and a fresh fall in new orders signaled a further contraction in factory activity.
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Wall Street ends down for 3rd day

Stocks fell for a third day and hit their lowest level in two weeks on Wednesday as widespread risk aversion sent commodity prices tumbling, drove the euro to its lowest in a year and forced Italy to pay a euro-era high to sell debt.
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Energy leads Wall Street down

Stocks declined Wednesday as a fall in commodity prices sparked a selloff in the energy and materials sectors and as a falling euro and high Italian bond yields kept Europe's debt crisis in focus.
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Nokia Siemens to ramp down Iran operations

The world No. 2 mobile telecom equipment maker Nokia Siemens Networks will start to gradually ramp down its business in Iran, pressured by tightening international sanctions.

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