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Monthly Archive October, 2009

Blackstone to list up to 8 firms, sell 5 others: report

October 12, 2009

Private equity firm Blackstone Group LP is planning to list up to eight companies it owns and sell at least five others, the Financial […]

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GM signs deal to sell Hummer to Tengzhong

October 10, 2009

General Motors Co signed a deal on Friday to sell its iconic but tarnished Hummer brand to an investment partnership headed by an obscure […]

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Roubini says housing market hasn’t bottomed

October 8, 2009

U.S. housing prices may still fall more than 10 percent, killing an incipient recovery, as demand from first-time home buyers fades, leading economist Nouriel […]

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Taiwan’s Exports Fall Least in 11 Months in September

October 7, 2009

Taiwan’s exports fell at the slowest pace in 11 months in September on improved demand for telephones, computers and electronic goods from China.
Overseas […]

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Navigation upgrade uneven at U.S. airlines

October 6, 2009

Southwest Airlines is spending $175 million to fit its fleet with advanced navigation equipment aimed at saving time and fuel — an effort stalled […]

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Inflation fears eating you up? Consider TIPS

October 5, 2009

One steady bit of good economic news: Inflation remains near zero. So who would want to pay extra these days to add a dose […]

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Plunge in car sales hits Chrysler, GM hardest

October 4, 2009

In the first month after the end of the cash for clunkers program, automakers on Thursday reported virtually across-the-board sales declines with Chrysler and […]

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U.S. September auto sales plunge; GM, Chrysler hit hard

October 2, 2009

U.S. auto sales tumbled by 23 percent in September as showrooms emptied after the government-funded boom from the “cash for clunkers” program, with General […]

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Chevron taps executive Watson for top job

October 1, 2009

Chevron Corp said on Wednesday David O’Reilly would retire as chairman and chief executive of the second-largest U.S. oil company at the end of […]

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