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Web Directory Home / Business Friday, March 4, 2005
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   Feb. Retail Sales Up on Spring Fashions (AP)
AP - Despite a spike in oil prices and stormy weather in the Northeast and Midwest, consumers extended their shopping spree into February, handing retailers better-than-expected sales for ...

REIT hot, right now - but for how long? (USATODAY.com)
USATODAY.com - Savvy home buyers know that there are certain things to avoid when you're buying a house. Cracks in the foundation, for example. Sawdust drifting from the rafters. A ...

European Stocks Steady Before Payrolls (Reuters)
Reuters - European shares held steady on Friday ahead of U.S. payrolls data, while bank Lloyds TSB led gainers after beating profit forecasts, and oil groups extended their rise.

Dollar Holds Ground Vs. Major Currencies (Reuters)
Reuters - The dollar held its ground against major currencies on Friday as investors waited for U.S. jobs data later in the day to provide clues on how fast U.S. interest rates would rise.

Oil Prices Hold Firm Above $53 (Reuters)
Reuters - Oil prices held firm above $53 on Friday after the president of OPEC member Venezuela said he saw no need to raise output to cool prices.

Merrill Eyes MTFG Joint Venture
TOKYO (Reuters) - Merrill Lynch & Co. is in talks with Japan's No.2 bank, Mitsubishi Tokyo Financial Group (MTFG), to form a securities joint venture as it eyes a return to retail ...

GE Unit to Enter Japan Mortgage Business
TOKYO (Reuters) - A subsidiary of U.S. conglomerate General Electric Co. said on Friday it plans to enter the housing loan business in Japan next month by opening offices in six major ...

Sony Aims to Cut LCD TV Production Costs
TOKYO (Reuters) - Sony Corp. said on Friday it aims to lower production costs for liquid crystal display TVs by 20 to 30 percent in the second half of the next financial year by using a ...

Tokyo Stocks Rise for Seventh Day
TOKYO (Reuters) - Tokyo stocks extended their winning streak to a seventh session on Friday as a rise in oil prices and earnings optimism boosted energy and resources-related stocks ...

Opel Edges Saab to Build Future GM Cars
FRANKFURT (Reuters) - General Motors' German unit Adam Opel edged out Swedish brand Saab and won a crucial contract to build the next generation of GM mid-sized cars in Europe, the ...

European Stocks Steady Before Payrolls
LONDON (Reuters) - European shares held steady on Friday ahead of U.S. payrolls data, while bank Lloyds TSB led gainers after beating profit forecasts, and oil groups extended their ...

Oil Prices Hold Firm Above $53
LONDON (Reuters) - Oil prices held firm above $53 on Friday after the president of OPEC member Venezuela said he saw no need to raise output to cool prices.

Stock Futures Flat Ahead of Jobs Figures
NEW YORK (Reuters) - Stock futures were flat on Friday ahead of monthly U.S. payroll data before the open that will give investors clues to the health of the economy and may foreshadow ...

Gas Prices to Hit Record This Year: AAA (Reuters)
Reuters - U.S. gasoline prices are almost certain to hit fresh record highs this spring or summer when motorists hit the roads for vacation season, the AAA auto group said on Thursday.

Air Force to Lift Boeing Ban: Officials (Reuters)
Reuters - The U.S. Air Force is set to lift an order that suspended Boeing Co. from getting satellite launch contracts since mid-2003, defense officials said on Thursday.

Cablevision Future Hinges on Deadline
NEW YORK (Reuters) - Cablevision Systems Corp.'s future could be decided in the next four days, depending on how its chairman plans to meet a deadline to acquire the company's ...


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