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Thursday, December 19, 2013

Before the Bell: Jobless claims rise to near nine-month high

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12/19/2013
 
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Jobless claims rise to near nine-month high
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits rose last week to the highest level in nearly nine months, casting a shadow on the labor market.
Stock futures little changed after Fed decision triggers rally
NEW YORK (Reuters) - Stock futures were little changed Thursday, a day after the Federal Reserve said the economy was strong enough for it to begin paring its massive stimulus, sending the S&P 500 and Dow industrials to fresh closing highs.
Zuckerberg to sell Facebook shares worth about $2.3 billion
(Reuters) - Facebook Inc founder and CEO Mark Zuckerberg will sell 41.4 million shares worth about $2.3 billion to pay a tax bill, as part of an offering by the social network of 70 million Class A common shares.
Target says data from 40 million cards stolen in holiday period
(Reuters) - Target Corp said data from about 40 million credit and debit cards might have been stolen from shoppers at its stores during the first three weeks of the holiday season, in the second-largest card breach at a U.S. retailer.
Accenture results beat estimates on strong demand for outsourcing
(Reuters) - Accenture Plc reported first-quarter results that beat analysts' estimates as increased demand for outsourcing services helped to offset a drop in income from its consulting business.
Exclusive: Deutsche Bank talks with buyers for its uranium business
LONDON (Reuters) - Deutsche Bank AG is holding preliminary talks with potential buyers of its uranium trading business - the first sign since announcing it was largely exiting commodities trading that parts of the operation are now on the block.
Darden to spin off or sell Red Lobster restaurant chain
(Reuters) - Darden Restaurants Inc , under pressure from activist investor Barington Capital Group because of sliding profits, said it would sell or spin off its struggling Red Lobster chain.
Tesla starts offering cars in China with no Chinese name
SHANGHAI (Reuters) - Tesla Motors Inc has started offering its poplar Model S sedans in China, but the U.S. premium electric carmaker has yet to give its brand a Chinese name due to a long-running trademark dispute.
Europe moves to banking union with blueprint for failing lenders
BRUSSELS (Reuters) - The European Union agreed on Thursday a blueprint to close failing banks but stopped short of a more ambitious plan for the euro zone to unite in tackling its troubled lenders.
Tesco plans cautious India entry after arm-twisting by politicians
MUMBAI (Reuters) - It took months of arm-twisting and assurances from New Delhi to persuade British retailer Tesco Plc to take the plunge and become the first foreign player to set up a chain of supermarkets in India.
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Jobless claims rise to near nine-month high
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