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Latest stock market news from Wall Street - CNNMoney.com
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Harry Potter boosts Time Warner earnings
Time Warner Inc. reported fourth-quarter earnings Wednesday that rose from a year earlier and beat Wall Street's expectations, largely due to the final Harry Potter movie.
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Stocks: Investors on Greece watch
U.S. stocks drifted higher early Wednesday as investors remain focused on Greece, where political leaders continue to debate austerity measures needed to secure bailout funds.
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Which brokerage will be the next to fall?
The 2012 surge in the stock market hasn't been entirely positive for Wall Street traders, as investors put hundreds of small brokerage firms on death watch.
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Greece facing 'dramatic dilemma'
Officials in Greece are under pressure to reach agreement on more austerity measures, as the threat of a default hangs over the country and protestors take to the streets.
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China: Fast food nation. Too fast economy?
Is China's economy heading for a hard or soft landing? Well, it looks like Chinese consumers can't get enough of Diet Coke and the Colonel's famous secret recipe. That may be good news.
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Glencore, Xstrata tie-up would create $90 billion giant
In a huge consolidation of the international mining industry, Swiss company Glencore International has agreed to acquire rival Xstrata for $61.9 billion in stock, according to a joint statement.
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Stocks only look cheap
FORTUNE -- As fourth quarter earnings come pouring in, Wall Street is assembling the full profit picture for 2011 ---- and it's truly spectacular. According to S&P Capital IQ, the firm that assembles profit data for the benchmark index, earnings will hit $92.17 a share, a 19% increase over the excellent numbers posted in 2010, and well above the all-time record set in 2006. Despite some negative surprises this month -- including disappointing news from Alcoa, Cisco and Exxon -- momentum and optimism keep building.
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Greece on the brink
Officials in Greece were under pressure Monday to agree on the terms of a new bailout package, as the threat of a default hangs over the country.
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This is NOT a tech bubble
The Nasdaq is at its highest level since the end of 2000. Highly speculative companies like Netflix and Zynga are soaring, and investors are salivating about possibly paying 100 times earnings for Facebook when it goes public.
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Citi wins OK for Chinese credit card
Citibank won approval to issue its own credit card in China, making it the first non-Asian bank to enter that market.
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