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Seiko Epson unit pleads guilty in price fixing case

A unit of Seiko Epson Corp (6724.T) agreed to plead guilty to one count of conspiring to fix prices for liquid crystal screens sold to mobile phone maker Motorola Inc (MOT.N), the U.S. Justice Department said on Tuesday.

Industry blames price gap for UK drug shortages

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A widening price gap, fuelled by a weak pound, is behind the current shortage of some medicines in Britain as more drugs are exported by middlemen for profit, the pharmaceutical industry said on Tuesday.

Vitacost.com sets price range for $132 mln IPO

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On-line health supplement retailer and manufacturer Vitacost.com set the estimated price range on Monday for shares in its planned initial public offering, a sign that its stock flotation could be imminent.
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In a first, Starbucks lowers price of some drinks

Coffee chain Starbucks Corp , which for years raised prices without any customer pushback, said on Thursday that it is cutting prices for the first time on some drinks while boosting prices on others.
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Price hikes to boost PetroChina, Sinopec Q2

China's top oil refiners are set to reveal a surge in quarterly earnings on the back of fuel price increases and lower oil prices, reaping the benefits six months after Beijing shifted to more liberal fuel pricing.
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U.S. commercial property price drop slows

Prices of U.S. office, retail and apartment buildings fell 1 percent in June, easing from steep slides in the previous two months, according to the Moody's/REAL Commercial Property Price Index released on Wednesday.
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Sony to cut price for PlayStation 3 console

Sony Corp will launch a cheaper version of its PlayStation 3 game console and plans to cut prices on existing models effective August 19 in Europe and the United States to bolster sales and take aim at rivals Microsoft and Nintendo.
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Hedge fund suit says Icahn hurt XO investors

Activist investor Carl Icahn is under fire from a hedge fund that accuses the billionaire investor of enriching himself at the expense of minority shareholders in XO Holdings Inc , a company he controls.
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India studying uniform domestic gas price-minister

India will examine a uniform domestic price for natural gas, which is now sold at rates ranging from $1 to $5.73 per million British thermal units (mBtu) depending on source, Oil Minister Murli Deora said on Thursday.
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Regulator report blames speculators for oil price swings

The U.S. Commodity Futures Trading Commission is planning to issue a report next month that suggests that wild swings in oil prices were significantly driven by speculators, the Wall Street Journal reported on its website on Tuesday.
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EBay shares soar, several analysts up price targets

EBay Inc's shares soared as much as 11 percent on Thursday, a day after the online auctioneer posted quarterly results that topped market expectations, leading at least nine analysts to raise their price targets.
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U.S. home price gains may foretell recovery -report

An unusually robust rise in home prices from April to May could foreshadow a recovery in many U.S. housing markets, according to a report released on Thursday by Radar Logic, a real estate data and analytics company.
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China's CSCEC sets price range for IPO

China State Construction Engineering Corp (CSCEC) said on Monday it had fixed a price range for its Shanghai initial public offering (IPO), looking to raise as much as 50.16 billion yuan ($7.34 billion).
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Commercial property price drop may signal bottom

U.S. commercial property prices plunged for a second straight month in May as distressed transactions weighed, but the pace of decline may signal a bottoming process, Moody's Investors Service said on Monday.
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Hong Kong's May goods exports down 13% despite price rise

Hong Kong saw the volume of total goods exports fall 12.6% and that of imports drop 16.2% year on year in May, the Census & Statistics Department said on Thursday, adding that the volume of goods re-exports fell 11.8% while that of domestic exports dived 35.5%.
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Rio pays the price for China's industry order

The detention of Rio Tinto executives on spying accusations has allegedly wreaked havoc on the world's second-largest iron ore miner's sales in China, as the nation's steel mills took a wait-and-see approach on ore imports from the Anglo- Australian conglomerate, Chinese State media reported on Wednesday.
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Top 10 Cities With Most Price Reductions

Real estate research site Trulia.com says 24.6 percent of current homes on the market in the United States as of July 1, have had at least one price cut, totaling $27.1 billion in reductions.
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More U.S. home sellers cutting prices: Trulia

The price of nearly one in four U.S. homes for sale on July 1 had been sliced at least once since landing on the market, data compiled by real estate website Trulia.com showed on Friday.
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Amazon cuts Kindle price to $299

Online retailer Amazon.com has cut the price of its standard Kindle electronic reader by 17 percent to $299, the company said on Wednesday, the latest salvo in the war for digital readers.

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