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Tokyo stocks rebound on financials, exporters
HONG KONG (MarketWatch) -- Japanese indexes rebounded early Friday, with financials and shipping shares advancing after U.S. stocks ended sharply higher overnight, while exporters such as Honda Motor Co. were also aided by a weakened yen. The Nikkei 225 Average rose 3.6% to 8,763.71 a day after it t. […]
GM, Chrysler merger talks picking up pace: WSJ
SAN FRANCISCO (MarketWatch) -- Merger discussions between General Motors Corp. and Chrysler LLC are picking up pace as the two sides are seeing strong support from banks and other potential lenders that are eager to see a deal done, The Wall Street Journal reported Thursday in its online edition. GM. […]
Stock fund selling pressure eases, but bond funds hit hard
SAN FRANCISCO (MarketWatch)-- Mutual-fund investors pulled an estimated $13.9 billion from U.S. and international stock funds in the week through Oct. 15, or only about one-third of the $43.3 billion exodus in the prior week, TrimTabs Investment Research reported Thursday. Still, outflows from U.S.. […]
Leggett & Platt profit falls by half, trims outlook
SAN FRANCISCO (MarketWatch) -- Leggett & Platt Inc. reported late Thursday third-quarter net income of $32.7 million, or 20 cents a share, down from $65.7 million, or 37 cents, a year ago. Excluding one-time items, the company earned 34 cents a share from continuing operations. Revenue for the quart. […]
Texas Instruments board hikes quarterly dividend to 11 cents
SAN FRANCISCO (MarketWatch) -- Texas Instruments Inc.'s board on Thursday declared a quarterly dividend of 11 cents, up from 10 cents in the previous quarter. The dividend will be paid Nov. 17 to stockholders of record on Oct. 31. Market Pulse Stories are Rapid-fire, short news bursts on stocks and. […]