AP - Japanese stocks rose Thursday on strong gains by blue-chip exporters like Canon and Nissan as investors were heartened by Wall Street’s overnight rally.
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Reuters - U.S. blue-chip stocks inched higher on Thursday, helped by a fresh batch of stronger-than-expected profits from companies such as 3M Co. , a day after the Dow topped 13,000 for the first time.
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Reuters - Wal-Mart Stores Inc. , the world's largest retailer, is cutting about 1,000 management positions at its Sam's Club stores, a spokeswoman for the company's warehouse club chain said on Thursday.
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AP - The number of laid-off workers filing claims for unemployment benefits fell last week by the sharpest amount in nearly two months, indicating the labor market remains healthy despite the sluggish economy.
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Reuters - Audio-equipment maker Harman International Industries Inc. said on Thursday it would be acquired by Kohlberg Kravis Roberts & Co. LP and Goldman Sachs Group Inc.'s private equity arm for about $8 billion.
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Reuters - In a hot private equity market, a high-profile deal has put a chill on relations between JPMorgan and Kohlberg Kravis Roberts & Co., sources close to the matter say.
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Reuters - Ford Motor Co. posted a narrower-than-expected loss on Thursday, helped by cost-cutting and improved results from its European and luxury vehicle operations, sending its shares and bonds up sharply.
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