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Yahoo! News: Business Reuters - A U.S. court has ordered DaimlerChrysler AG and its heavy truck-making unit Freightliner LLC to pay more than $800 million in a tangled multinational fraud case, The Oregonian newspaper said on Saturday. Reuters - The massive funds raised by private equity firms and the faster-than-expected speed with which they're spending them are stretching some of their investors thin, causing concern that there won't be enough money to go around in 2007. Reuters - Just about everything you've been told about mutual fund investing in recent years goes something like this: Reuters - U.S.-based Westinghouse Electric Co. has won a two-year battle for a multibillion-dollar nuclear power deal with China, edging out French and Russian rivals to secure a contract that may help Beijing smooth ties with Washington. Reuters - Dell said on Friday it received a letter from Nasdaq saying the computer maker was not in compliance with listing requirements because it was late in filing its fiscal third-quarter report. Investor's Business Daily - Three decades ago, factories, equipment and inventory made up 80% of the stock market's value. As the U.S. has evolved from an industrial economy and entered the information age, those tangible assets account for only 20% of the S&P 500's value. The other 80% is in intellectual property, such as patents, according to investment firm Ocean Tomo. Reuters - U.S. stocks rose on Friday as tame consumer price data reassured investors that inflation was under control and the economy will still grow strongly enough to support the equity market. Reuters - Just about everything you've been told about mutual fund investing in recent years goes something like this: Reuters - Pier 1 Imports Inc. posted its seventh consecutive quarterly loss on Thursday as the home furnishings retailer spent more on advertising and cut prices to try to attract more business. |
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