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Greek unionists block Athens bourse entrance

A group of about 150 trade union protesters blocked entrances to the Athens stock exchange building on Tuesday but bourse officials said they expected trade to go ahead normally.

KKR, TPG nearing Morgan Stanley CICC deal: sources

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Morgan Stanley is in late stage talks to sell its stake in China International Capital Corp to Kohlberg Kravis Roberts & Co and TPG Capital for more than $1 billion, according to three sources familiar with the situation.

GM names Girsky vice chairman, Smith to retire

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General Motors Co [GM.UL] said on Monday that Stephen Girsky, special adviser to Chief Executive Ed Whitacre, has been appointed vice chairman in charge of corporate strategy and business development.
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Thermo Fisher in $6 billion bid for Millipore: source

Laboratory equipment maker Thermo Fisher Scientific Inc has offered $6 billion to buy Millipore Corp, according to a person familiar with the situation, in a deal that would increase its presence in the manufacture of biotech drugs.
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Morgan Stanley nearing CICC sale to KKR, TPG-WSJ

Morgan Stanley (MS.N) is nearing a deal to sell its stake in China International Capital Corp to Kohlberg Kravis Roberts & Co [KKR.UL] and TPG Capital [TPG.UL] for more than $1 billion, The Wall Street Journal reported, citing sources familiar with the situation.
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Stock futures signal firmer Wall Street opening

U.S. stock index futures rose on Monday, pointing to a stronger start for Wall Street. By 0928 GMT, Dow Jones futures put on 0.2 percent, S&P futures gained 0.1 percent and Nasdaq futures rose 0.5 percent.
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Bloodied buyout firms sit tight for IPO return

Private equity firms are putting floatation candidates back in the box after receiving knock backs from angry fund managers, and will try again in a couple of years when they hope the market will be more receptive.
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Fairfax Financial Q4 profit falls 77 pct

Fairfax Financial Holdings Ltd (FFH.TO), which deals in property and casualty insurance and reinsurance, reported fourth-quarter profit that plunged 77 percent on investment losses.
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SocGen eyes better 2010 after Q4 disappoints

Societe Generale expects results to recover in 2010 with lower bad risk write-downs after posting weak fourth-quarter results and rattling markets last month with a profit warning.
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SEC's BofA accord up in air, Cuomo to provide details

The fate of the U.S. Securities and Exchange Commission's $150 million accord with Bank of America Corp over the Merrill Lynch & Co takeover hung in the balance as a federal judge sought help in resolving striking inconsistencies in events leading up to the merger.
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SEC: BofA didn't fire counsel for Merrill advice

Bank of America Corp fired its general counsel in December 2008 to keep Brian Moynihan, now its chief executive, from leaving the bank, and not because of legal advice concerning the takeover of Merrill Lynch & Co, the Securities and Exchange Commission said.
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Wall Street gains on earnings, economy

Stocks advanced on Wednesday as stronger-than-expected earnings from companies including Deere & Co and economic data underpinned hopes for the recovery.
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Big money stays invested despite new year shocks

Investors have not yet given up on the 11-month-old world markets recovery and there is little evidence so far this year of a retreat to safe-haven bunkers in the face of mini-shocks from Greek debts, China's monetary tightening and U.S. regulatory threats.
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Soros doubled gold ETF investment, buys Citi

Billionaire investor George Soros' hedge fund more than doubled its bet on the price of gold during the fourth quarter, a portion of the firm's total U.S.-listed equity holdings of $8.8 billion at the end of 2009.
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Earnings, economic optimism boost Wall Street

U.S. stocks posted their biggest daily percentage gain in three months on Tuesday after strong revenue from drugmaker Merck and regional manufacturing data instilled confidence in the economic outlook.
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Stock market dips on China and EU worries

U.S. stocks finished slightly lower on Friday as China took another step towards monetary policy tightening and Europe reported a weaker than expected Gross Domestic Product (GDP).

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