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MARKET REPORT

Leading Indicators Rise, But Stocks Finish Mixed

A closely watched gauge of economic growth rose in November for the first time in five months, but the news did little to excite stock investors, with the major averages finishing the session mixed ...

MARKET REPORT

Stocks Fall as Oil Prices Surge, Drug Is Pulled

Stocks limped to the finish line today, closing out the week with a dismal session amid pressure from resurgent oil prices and word that another pharmaceutical company acknowledged potential problems with one of its main products ...

BUSINESS BRIEF

Cisco Invests $12 Million in Japanese R&D Center

Cisco Systems said today that it will invest US$12 million to build a research and development center in Tokyo, Japan. The facility is slated to open in February 2005 and work there will focus on the development of Internet Protocol-based networking technologies, including routers and Cisco IOS(R) and IOS XR software, the company said ...

BUSINESS BRIEF

Cisco Invests $12 Million in Japanese R&D Center

Cisco Systems said today that it will invest US$12 million to build a research and development center in Tokyo, Japan. The facility is slated to open in February 2005 and work there will focus on the development of Internet Protocol-based networking technologies, including routers and Cisco IOS(R) and IOS XR software, the company said ...

BUSINESS BRIEF

Cisco Invests $12 Million in Japanese R&D Center

Cisco Systems said today that it will invest US$12 million to build a research and development center in Tokyo, Japan. The facility is slated to open in February 2005 and work there will focus on the development of Internet Protocol-based networking technologies, including routers and Cisco IOS(R) and IOS XR software, the company said ...

MARKET REPORT

Stock Markets Mixed on Mergers, Trade Deficit News

Nearly US$40 billion worth of mergers failed to ignite a broad-based stock market rally today, with investors mulling the latest batch of economic news as well as the corporate hookups ...

FINANCIAL NEWS

Stocks Post Modest Gains in Face of Oil Price Surge

Stocks inched higher today as investors moved shares connected to the latest mega-merger, but gains were kept in check by rising oil prices and renewed concern over the U.S. dollar's strength ...

Warner, Melodeo Join for Cell Phone Music Downloads

Melodeo and Warner Music Group today announced they have signed an agreement to allow consumers to securely download entire tracks from WMG's music catalog directly to their mobile phones ...

Stocks Rally After Interest Rate Hike, Fed Message

Stocks moved higher today after the Federal Reserve held true to form and raised interest rates for a fifth time this year ...

NEWS BRIEF

Firefox Grows Browser Share 34 Percent in One Month

The U.S. browser usage share of Firefox, the upstart Mozilla-based browser that has become a champion of the open-source movement, has grown by more than a third over the past month, according to the latest independent study from WebSideStory, a provider of on-demand Web analytics ...

Stocks Soar on Retails Sales Data, Mergers

Stronger than expected retail sales data for November and the latest bout of merger fever helped push stocks to strong gains across-the-board today ...

Stocks Drop on Jump in Wholesale Prices

The prospect of inflation spooked investors today, as a report showing a sharp rise in wholesale prices last month caused stocks to end the week with a losing performance ...

MARKET REPORT

Markets Up as Solid Earnings Overshadow Jobless Claims

U.S. stocks rallied late in the session today as some positive earnings news outweighed a spike in weekly jobless claims and the prospect of tighter oil supplies heading into 2005 ...

NEWS BRIEF

KDE Unveils Version 3.3.2 for the Desktop

The independent, open-source KDE Project today announced the availability of KDE 3.3.2, a maintenance release for its latest, most advanced free desktop suite for GNU/Linux and other UNIX systems ...

MARKET REPORT

Stocks Rally as Dollar Moves Up

Stocks rallied today, with all averages finishing in positive territory as the U.S. dollar performed better against overseas currencies for the first time in weeks ...

Survey Indicates Good News for Smaller E-Tailers

As the holiday shopping season begins in earnest, consumers say they're just as willing to buy from small online retailers as they are from large, national e-commerce providers ...

MARKET REPORT

Stocks Drop Sharply on Profit Taking

Stock prices fell sharply today amid a flurry of merger-and-acquisition news and some economic data, but most market watchers said the plunge was driven by profit taking after several strong weeks of gains ...

MARKET REPORT

Dow Slumps But Techs Gain in Mixed Trading

U.S. stocks ended mixed today as only the tech-heavy Nasdaq managed to make gains in the face of higher crude oil prices and a rash of broker downgrades targeting some high-profile Dow shares ...

Stocks Eke Out Gains Despite Weak Dollar, Jobs Data

Stocks managed to end the week on the upside today with indices posting modest gains in spite of a record low for the dollar and lackluster jobs news from the U.S. Labor Department ...

Dow Surges 162 Points as Oil Prices Plummet

U.S. stocks staged a powerful rally today as tumbling oil prices cleared the way for a triple-digit gain in the Dow and a nearly 2 percent jump in the Nasdaq, which finished the session at its best levels in 10 months ...

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