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Damas International Shareholders Prep for Sale

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The largest shareholders of Middle East jeweller Damas International have appointed a financial adviser ahead of a potential sale of some of their shares, the firm said in a regulatory filing on Wednesday.
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U.S. is Top 2012 Property Investment Pick

The United States will remain the top choice of most global commercial real estate investors in 2012, but the country has lost ground to Brazil which ranked No. 2 this year, according to a survey released Sunday.
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Paul Smith Profit up by 31 Percent Despite Economic Turmoil

Couture designer Paul Smith has reported an increase in pre-tax profits of 31 percent despite the economic downturn. As per the accounts filed in the Company House, the pre-tax profits rose from £20.9 million a year previously to a current £27.4 million.
Asia's Markets

Asia Markets Close Mixed Thursday, With Some Bargain Hunting

Japan's benchmark Nikkei slipped on Thursday ahead of an Italian debt sale that could prove challenging in thin volumes, while the euro's tumble against the yen to a 10-year low pressured exporters. Meanwhile, most other Southeast Asian bourses edged higher on Thursday, helped by late bargain-hunting in big caps and dividend-yielding stocks
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Italy 10-Year Borrowing Costs Stay Near Record at Sale

Italy's borrowing costs fell from recent record highs at a bond auction on Thursday but cautious investors still demanded a near 7 percent yield to buy 10-year debt, a level seen unsustainable over time for the Eurozone's third-largest economy.
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Retail sales resilient in final holiday stretch

Retail sales look poised for a solid finish to the holiday season as warm weather and deep discounts encouraged shoppers to hit stores or go online to snap up last-minute gifts, according to data released on Wednesday.
ForeSee Survey

Netflix Tanks Customer Satisfaction Survey: 5 Things Investors Need to Know

For the first time, Netflix has fallen below Amazon in customer satisfaction, landing with some of the worst companies in a new ForeSee poll with a rating of 79 out of 100. For investors anxious about Netflix stock, however, this survey has a silver lining. Here, find out the five things investors should know about the streaming site's ranking in this new poll.

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