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Google and Apple at New Highs
Nov 25, 2:18 PM EST |
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| Apple, Google and Alltel set new 52-week highs. Among the declining stocks, General Motors fell 2.1% and Microsoft down 1.1%. |
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| November rally, which has vaulted the major indexes to four-year highs, extended only for a while in today''''''''s holiday-shortened session, then investors started consolidating gains and stocks returned to flat levels.
Friday marked the beginning of the critical holiday sales period for retailers, and early reports suggest higher spending than last year. |
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November Rally Extends
Nov 25, 10:58 AM EST |
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| Taser International Inc has been notified by the Nasdaq Stock Market that its shares could be delisted as it failed to submit its report on time. |
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| Following Thanksgiving, light volume trading is expected as stock and bond markets will close early and commodities remained closed. Retailers are the major market driver, boosted by sales growth after hectic holiday shopping started. In corporate news, three U.S. telecom companies are buying a collection of local telephone access lines from wireless carrier Alltel Corp. for as much as $10 billion. |
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Retailers Gain on Holiday Shopping
Nov 25, 10:21 AM EST |
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| Oil prices retreated. Gold reached an 18-year high, rising close to $500 on building inflation concerns. The dollar gained against the euro and yen. |
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| Following Thanksgiving, light volume trading is expected as stock and bond markets will close early and commodities remained closed. Retailers will be the major players today, expected to report sales growth after hectic holiday shopping.Three U.S. telecom companies are buying a collection of local telephone access lines from wireless carrier Alltel Corp. for as much as $10 billion. |
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