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Vivendi 4th-quarter loss narrows to $1.3 billion on flat sales as financial charges diminish Vivendi - Activision - Shopping - cease-and-desist - King’s Quest
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webmaster@technorati.com wrote an interesting post today on
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Vivendi SA said Monday its net loss narrowed by 32 percent in the fourth quarter due to lower financial charges, even though it made a euro550 million ($746 million) provision to cover possible fines from a U.S. class action suit brought by shareholders.
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* TomTom Q3 average selling price lower-than-expected * Google enters turn-by-turn navigation market * Garmin’s shares fall 18 pct BANGALORE, Oct 28 (Reuters) - Shares of U.S. navigationdevice maker Garmin Ltd (GRMN.O) sank 18 percent after itsDutch rival TomTom (TOM2.AS) warned of falling selling pricesand Google (GOOG.O) made a high-profile entry into the market. The falling prices and Google’s entry into the turn-by-turnnavigation market exacerbates concerns that the personalnavigat
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* Q3 EPS 24 cents, matching Street view * Investment management fees fall * Operating revenue down 15 pct * Shares up 3.8 percent (Adds reaction to acquisition , earnings details, byline) NEW YORK, Oct 20 (Reuters) - Asset manager Invesco Ltd(IVZ.N) said quarterly profit fell 20 percent as investmentmanagement fees declined, but its shares rose on news of a dealto buy the mutual fund business of Morgan Stanley (MS.N). Oct. 20 (Bloomberg) — Pfizer Inc. said third-quarterprofit ro
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* Education Management jumps 20.9 pct in first day * Echo Global closes up 0.43 pct (Adds closing prices, byline) By Phil Wahba NEW YORK, Oct 2 (Reuters) - Education Management Corp(EDMC.O) rose 20.9 percent in its first day of trading on theNasdaq on Friday, above average for a U.S. initial publicoffering this year. The Pittsburgh-based company, which provides on campus andonline education programs in North America , priced shares for$18 in the IPO on Thursday evening, at the bottom of thees
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HONG KONG, Sept 7 (Reuters) - Hong Kong shares will open 0.9percent higher on Monday after data showed fewer job cuts in theUnited States in August while China stocks are set to extendtheir rally following the latest show of support from Beijing.[ID:nBJC000455] China Unicom (0762.HK) is set to open 2.2 percent higherafter Spain’s Telefonica (TEF.MC) said on Sunday it had reached adeal with China’s No. 2 wireless operator whereby each would buy$1 billion worth of the other’s shares as part
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Unemployment rate rises to 9.7 percent in August, highest level in 26 years; 216,000 jobs lostWASHINGTON (AP) — The unemployment rate rose to 9.7 percent in August, the highest since June 1983, as employers eliminated a net total of 216,000 jobs.Analysts expect businesses will be reluctant to hire until they are convinced the economy is on a firm path to recovery. Many private economists, and the Federal Reserve, expect the unemployment rate to top 10 percent by the end of this year.While the jo
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