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CORRECTED: 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.

Sony CEO dismisses price cut chatter on PlayStation

Sony Corp Chief Executive Howard Stringer brushed off concerns that the PlayStation 3 video game console is too expensive, and said the company is unlikely to sell parts of its business amid the recession.

Will the the newly discovered super ore reserve help China in price talks?

It was a strategic move to announce the discovery of a three-billion-ton iron ore deposit in Liaoning province, said an analyst who preferred not to be named, to help Chinese negotiators gain a bigger say at this year's iron ore price negotiations.

Pace of home price declines slows in April

Prices of U.S. single-family homes fell in April from March but the pace of the decline moderated, suggesting stability is emerging in some regions, according to Standard & Poor's/Case Shiller home price indexes released on Tuesday.

More news

Jefferies ups Microsoft price target, maintains buy

Jefferies & Co raised its price target on Microsoft Corp's stock to $26 from $22 and recommended buying shares of the world's largest software company ahead of a possibly large, rapid corporate PC upgrade cycle starting in late 2010.

Shenhua denies giving ground on export coal price

China Shenhua Energy Co , the country's top coal producer, expects Japanese and South Korean clients to pay at least as much as Chinese customers for this year's annual contract prices, its board secretary, Huang Qing, said on Monday.

Brazil's Vale begins iron ore price talk with China

Brazil’s mining giant Vale has started iron ore price talks with China, the company released on Friday, two days after it announced agreements with Korean and Japanese steelmakers.

Treasury faces pressure on price of TARP exit

The U.S. Treasury Department is facing mounting pressure to ensure that taxpayers get a fair return on banks' warrants as the largest firms prepare to shake off government ownership stakes.

U.S. consumer mood improves, but price worries emerge

U.S. consumer confidence rose to a nine-month high in June, a survey showed on Friday, but inflation gauges showed worrisome signs of price increases that could slow any recovery from the longest recession since the Great Depression.

Home Depot shares could be bargain price: report

Home Depot's stock price looks like a bargain as the home improvement has slowed expansion and tried to improve customer service under Chief Executive Frank Blake, according to the latest issue of Barron's.

Hone Depot shares could be bargain price: report

Nearly 1 in 4 homes for sale reduced price

Nearly one in four U.S. homes for sale on June 1 had their prices sliced at least once since landing on the market, data compiled by real estate website Trulia.com showed on Friday.

Sony keeps PS3 price cut deliberation close to vest

Sony Corp is in no hurry to cut prices on its PlayStation games console, top executives said, even though many industry experts and other executives consider it a foregone conclusion.

Soaring oil price, financials lift Wall Street

U.S. stocks rose to session highs on Thursday, as a surge in oil prices lifted energy shares, while positive broker comments on banks including JPMorgan drove a run-up in financials.

Nasdaq CEO: short ban did not affect stock price

Data suggests that the U.S. ban on short selling of financial stocks in 2008 did not impact stock prices, the chief executive of exchange operator Nasdaq OMX Group Inc told business leaders on Tuesday.

Gamesa stake placed low in price range: traders

Spain's Iberdrola said on Tuesday its brokers successfully placed 10 percent of wind turbine maker Gamesa at 16.10 euros per share, but traders said the price was at the bottom of the price range.

Oil to 6-month high above $66 on economic outlook

Oil rose to a six-month high above $66 per barrel on Friday, on track for its largest monthly percentage gain in more than a decade, after U.S., Japanese and Indian data suggested the economic downturn may be easing.

Higher oil price, mixed data slow Wall Street

U.S. stocks were mostly flat on Friday as rising oil prices lifted energy stocks and investors digested a mixed bag of data, including regional business activity and consumer sentiment.

Wall Street flat on higher oil price and mixed data

Stocks were mostly flat on Friday as rising oil prices lifted energy stocks and investors digested a mixed bag of data, including regional business activity and consumer sentiment.

OPEC Sec Gen says oil price rally may persist

OPEC Secretary-General Abdullah al-Badri said on Friday he saw oil prices at $70 to $75 a barrel by the end of the year, making him the latest official from the group to predict the current rally will persist.

Wall Street advances as oil price leaps

Stocks rose on Thursday as a surge in crude oil prices lifted energy shares, sending the benchmark S&P 500 to a session high.

OPEC set to hold output steady, hopes for price rise

OPEC ministers set their sights on oil prices above $70 a barrel as they gathered for talks in Vienna, but they were expected to hold output steady and rely instead on economic recovery to push the market up.

North Korea may pay price but door open to talks: U.S.

North Korea will pay a price for its latest nuclear test if it does not reverse course but the door remains open to talks on ending Pyongyang's nuclear programs, the U.S. State Department said on Tuesday.

U.S. consumer mood lifts despite home price plunge

U.S. consumer confidence soared in May to its highest level in eight months, suggesting underlying improvement in the economy after a grim first quarter that witnessed a record plunge in home prices.

G8 energy leaders press for oil price stability

Energy leaders on Sunday debated what oil price would spur investment in the sector without hurting a wider global economic recovery, as top producer Saudi Arabia forecast prices eventually moving toward $75 a barrel.

OPEC set to keep output steady after oil price rise

OPEC ministers are expected to make no change to oil supply when they meet in Vienna next week as higher prices ease their concerns about overflowing fuel inventories and the deepest fall in demand for years.

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