Stocks climb on upbeat earnings reports
Stocks surged Thursday after another strong batch of earnings reports revived optimism about the economic recovery. Encouraging signs of growth in Europe added to the upbeat mood. Traders largely wrote off a jump in the number of people seeking unemployment… Unemployment – Business – Investing – Stocks and Bonds – Equities

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20,000 plus to get refunds
Druk PNB 23 July, 2010 – Of the 24,071 applications received for Druk PNB shares, 20,553 will get back cash refunds, with the stock exchange’s allotment system giving a maximum of 34 shares an applicant, irrespective of the amount invested.

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Oil falls below $77 as inventories grow
Oil fell Wednesday after the government said crude supplies grew last week and the stock market reacted uncertainly to mixed earnings reports. Gasoline pump prices lost a fraction of a cent at a national average of $2.718 for a gallon of unleaded regular…. Gasoline – Stock market – Business – Energy – Investing

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Johnson Controls profit below Street, shares slip
* Q3 share $0.54, excluding items

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Japanese Market Trades Weak
The Japanese stock market is trading weak on Thursday with the overnight fall on Wall Street and a stronger yen hurting sentiment and prompting investors to indulge in some heavy selling in stocks across various sectors. The statement by the U.S. Federal Reserve chairman Ben Bernanke that the outlook for U.S economy is uncertain is also weighing on sentiment.

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Contrarian Capital Bets on Trump – cbl
By citybizlist StaffGREENWICH, CONN. — Contrarian Capital Management, L.L.C disclosed in an SEC fil…

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Thoma Bravo and Ontario Teachers’ Pension Plan Acquire SonicWALL
SAN FRANCISCO—-An investment group led by Thoma Bravo LLC, a leading private equity investment firm, has completed the acquisition of SonicWALL Inc. , a leading provider of IT security and data backup and recovery solutions.

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Here are the winners for the QSB Giveaway #3. Each winner will receive one of Quality Silver Bullion’s free 1/2-oz Walking Liberty rounds.

U of M Health employees suing investment broker
ANN ARBOR — The attorney for a group of University of Michigan Health System employees who were ensnared in an elaborate Ponzi scheme by the same investment broker has filed legal documents to recoup their losses.

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Summary Box: Morgan Stanley posts $1.58B profit
BOTTOM LINE: Morgan Stanley earned $1.58 billion, or $1.09 per share in the second quarter, a big improvement from a loss a year earlier, when the bank had a more cautious approach to trading. STOCK SURGE: Investors were optimistic about the bank’s results… Morgan Stanley – Business – Bank – Investing – Goldman Sachs

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