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HSBC cuts financial targets, shares fall

HSBC cut its profitability targets due to the cost of tougher global bank regulations on Monday, and disappointed investors as its 2010 earnings came in slightly below analysts' forecasts.

Jobless claims fall, durable orders mixed

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New claims for jobless aid fell last week, indicating labor market healing, but declines in new home sales and orders for a range of factory goods in January showed the recovery remains uneven.

Dow, S&P fall for third day, but rebound off lows

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The Dow and S&P slumped for a third straight day on Thursday as investors continued to fret about the economic impact of continued violence in Libya and oil prices, though gains in Priceline kept the Nasdaq in positive territory.
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Oil rise on Egypt tensions, stocks fall

World stocks fell for the third straight day on Friday partly on growing tensions in Egypt after President Hosni Mubarak disappointed protesters hoping he would resign, though oil and the dollar advanced. Partly because of the Egypt crisis, Asian stocks were on the course for their biggest weekly loss in nine months, but European shares were more resilient, on track for a second straight week of g...
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Oil rises on Egypt tensions, stocks fall

World stocks fell for the third straight day on Friday partly on growing tensions in Egypt after President Hosni Mubarak disappointed protesters hoping he would resign, though oil and the dollar advanced. Partly because of the Egypt crisis, Asian stocks were on the course for their biggest weekly loss in nine months, but European shares were more resilient, on track for a second straight week of g...
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PepsiCo cuts growth goal; shares fall

PepsiCo Inc cut its earnings growth targets for 2011 and beyond on Thursday, citing soaring commodity costs and uncertainty about when the economic recovery on paper will actually be felt by consumers.
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World Equities Fall, ECB Buys Portugal Debt

World stock markets fell hard on Thursday, with Hong Kong shares losing 2% and London's FTSE100 dropping 0.9% by lunchtime. Indian stock markets have lost more than $20 million per minute so far in 2011, the Economic Times reports, with billionaire Anil Ambani blaming vicious and illegal rumors.
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Asian shares fall after China rate rise; dollar eases

Asian shares fell on Wednesday after China's latest interest rate rise, but government bond yields rose and the dollar and Swiss franc eased as investors bet Beijing's policy tightening would not derail hopes of a sustained economic recovery.
A South African child holds a 50 rand note in a file photo

S.African rand, bonds fall; stocks up for 4th day

South Africa's rand weakened to a near six-month low against the dollar on Friday, falling through key support and dragging local bonds down with it before recouping some losses as demand for longer dated paper picked up.
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Visa profit rises 16 percent but shares fall

Visa Inc said on Wednesday quarterly profit rose 16 percent to $884 million, slightly beating expectations, as consumer spending ramped up and the company processed more transactions abroad.
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Carpetright warns on FY profit after sales fall

British carpet and floor covering retailer Carpetright Plc said it expects full-year profits to be below last year and below market expectations, citing lower third quarter sales due to adverse weather conditions and fragile consumer confidence.
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Israel anxiously watching events in Egypt; fears fall of Mubarak

Israel, which has been at peace with Egypt since 1979, has expressed its support for the beleaguered regime of President Hosni Mubarak, while its allies in Europe and the U.S. have more aggressively pushed Mubarak to enact reforms in the face of a massive uprising.
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Microsoft shares fall on Windows, PC weakness

Microsoft Corp shares fell more than 4 percent to a six-week low on Friday, dragging down much of the tech sector, as investors fretted about the strength of the company's core Windows franchise and the broader threat to personal computers from tablets.
China's c.bank again to raise bank reserve requirement ratio

China surplus to fall more in 2011: PBOC aide

China is making a progress in balancing its trade position as companies target domestic consumers, and its trade surplus will fall to $150 billion this year, China's central bank adviser said.
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Microsoft shares fall; tablet worries abound

Microsoft Corp shares fell 3.5 percent on Friday as its better-than-expected profit was overshadowed by worries it is failing to cope with threats from hot areas like tablet computing.
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SanDisk margins disappoint, shares fall

SanDisk Corp reported a higher-than-expected profit on strong demand for mobile devices, but shares of the flash memory supplier fell 3 percent as margins disappointed investors.

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