BlackBerry-maker RIM facing �black hole� as shares plunge 
TORONTO � Research In Motion was headed for another rough day following the company's announcement that it expects significant layoffs and an operating loss due to weak BlackBerry sales. The shares were down more than nine per cent in early morning ...
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Bank of Spain Governor Ordonez Quits as Debt Crisis Deepens - Bloomberg
Bank of Spain Governor Miguel Angel Fernandez Ordonez resigned a month early, handing to a successor the task of convincing investors that Spanish banks won�t need an international rescue. Ordonez met with Prime Minister Mariano Rajoy, who backed h...
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Rajoy Seeks European Backing as Spain�s Access Narrows - Bloomberg
Spanish Prime Minister Mariano Rajoy called for a show of force from European authorities as his government sought ways to avoid tapping markets to fund the bailout of the nation�s third-biggest lender. �Europe has to dissipate any doubts about the...
ng-as-spains-access-narrows-bloomberg/
Gillard Backs Australian Jobs as Overseas Worker Plan Criticized - Bloomberg
Prime Minister Julia Gillard pledged to protect Australian workers after labor unions criticized her government�s decision to let billionaire mining magnate Gina Rinehart employ more than 1,700 overseas workers. �We are going to see amazing growth ...
-overseas-worker-plan-criticized-bloomberg/
Anti-social: Zynga tumbles after Facebook IPO
Social media stocks just aren't feeling the love, despite Facebook's highly-anticipated stock market debut. Shares of Zynga (), which generates the lion's share of its revenue from Facebook, tumbled as much
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Premier Wen Says China Will Focus on Growth, Xinhua Reports - Bloomberg
Chinese Premier Wen Jiabao said the government will focus more on bolstering economic growth, indicating policies may be loosened further as inflation moderates. �The country should properly handle the relationship between maintaining growth, adjus...
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King Seen Writing U.K. Inflation Letter as 3% Overshoot Persists - Bloomberg
Bank of England Governor Mervyn King will probably have to write a 10th consecutive letter to Chancellor of the Exchequer George Osborne to explain why inflation remained above the government�s upper limit in April, according to a survey of economis...
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Facebook IPO LIVE: Facebook shares fizzle in market debut
Investors are bracing for Facebook's Wall Street debut on Friday after the pioneering online social network raised about $16 billion in one of the biggest initial public offerings in U.S. history. More: Why you should resist buying Facebook on its fi...
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Facebook IPO trades flat. Buzz kill!
The biggest tech IPO in history took off like a slightly-delayed rocket this morning, with Facebook shares rising more than $7 to $45 in the first few minutes of trading, before falling back down to its launch price of $38 in the first hour of tradin...
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Facebook IPO: How long will the euphoria last? Well, a few hours at least
The hottest investment ticket in town goes on sale Friday as Facebook unveils its initial public offering. Late Thursday, the social media giant announced the final price for the offering was set at $38 (U
euphoria-last-well-a-few-hours-at-least/
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