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Market Currents -- Seeking AlphaMarket Currents Today - Monday, November 23, 2009 03:29 PM After continuing negative same-store sales at Foot Locker ( FL -2.4% ), S&P downgrades the company to B+ , expecting "ongoing performance difficulty." 03:20 PM Earnings previews for companies reporting after today's close: HPQ ...
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Reef Conservation Strategy Backfires : NPRThe Kiribati government was concerned about overfishing. So it came up with a plan: It would subsidize the coconut oil industry. "The thought was that by paying people more to do coconut agriculture, they would do less fishing," says Walsh. "And this would fulfill two goals: One, they would ...
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'Catastrophic' warning as fires flare in Australia - Yahoo! NewsAustralian firefighters battled dozens of bush blazes on Friday as record-breaking hot weather sparked "catastrophic" warnings in two states, just months after the country's worst ever wildfire disaster. Major lightning storms set off about 100 blazes in South Australia alone, most of which had ...
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Shun beef to stop climate change, says India - Yahoo! NewsIndia, a stronghold of vegetarianism where the cow is a sacred animal for the majority Hindu population, has urged the rest of the world to give up eating beef to help reduce global warming. "The single most important cause of (carbon) emissions is eating beef," Environment Minister Jairam ...
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Europe match-fixing probe targets 200 games - Yahoo! NewsIn what one UEFA official called Europe's worst ever match-fixing scandal, investigators said Friday criminals may have netted over 10 million euros manipulating 200 games in nine countries. A 200-strong band operating across Europe is suspected of swaying matches in Germany, Belgium, ...
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Dana Milbank - Washington Sketch: Republican senators do an about-face on judicial filibusters - washingtonpost.comFor much of this decade, Sen. Jeff Sessions of Alabama, now the top Republican on the Judiciary Committee, led the fight against Democratic filibusters of George W. Bush's judicial nominees. He decried Democrats' "unprecedented, obstructive tactics." To have Bush nominees "opposed on a partisan ...
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Goldman Sachs CEO polishes firm's image - USATODAY.comGoldman Sachs should be celebrating. The company has posted outstanding results the first nine months of the year, and it's on track to be a top adviser in the lucrative mergers-and-acquisitions business in the fourth quarter. Yet, the mood at the investment bank seems to be one of crisis as it ...
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Shareholders Object To Goldman's Giant Bonuses - The Atlantic Business ChannelWhen journalists, pundants and Main Street complain about the ever expanding size of Goldman Sachs' bonuses, the criticisms roll like water off the squid's back. But the Wall Street Journal is reporting that some Goldman shareholders are latest to cry foul. And unlike pretty much everybody else, ...
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Fox News again accused of airing misleading video - Yahoo! NewsFor the second time in just over a week, Fox News is coming under fire for misusing old news footage. The latest flap is leading some people to charge that the cable news network is intentionally misleading its audience, while Fox claims a "production error." Wednesday's incident occurred when ...
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AP NewsBreak: China holds, mistreats US geologist - Yahoo! NewsSometime into his long detention by China's feared state security agents, American geologist Xue Feng had something to show U.S. consular officials on their monthly visit. He rolled up his sleeve, revealing the burns where his interrogators pressed lit cigarettes into his arm. Xue also had ...
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