Latest news for Prudential Jennison 20/20 Focus A(PTWAX) (See analysis on PTWAX)
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Latest business news
Sunday November 23rd 2014: Latest financial news from the worldGiving thanks for big stock gains
NEW YORK (Reuters) - U.S. stock investors head into the Thanksgiving holiday thankful for the market's recent strength, which puts major indexes on track for another year of double-digit gains, though the swiftness of the advance has raised eyebrows.
Putin stands by hawkish Russian central bank - for now
By Lidia Kelly and Oksana Kobzeva MOSCOW (Reuters) - With Russia's economy battered by economic sanctions and plunging oil prices, President Vladimir Putin has allowed the central bank to administer strong medicine, sharply raising interest rates even as it freed the rouble to float. Such tough measures may well help push the country deeper into recession next year, but have so far staved off financial panic, runaway inflation or a currency meltdown like the one that helped catapult Putin into power in the 1990s. ...
EU investment plan to take shape next week
European Parliament may propose Google break-up in draft resolution
(Reuters) - The European Parliament is preparing a non-binding resolution that proposes splitting Google Inc's search engine operations in Europe from the rest of its business as one possible option to rein in the Internet company’s dominance in the search market.
China's rate-cut likely to hurt banks, curb new loans to small borrowers
SHANGHAI (Reuters) - China's latest interest rate cut is set to dent the profitability of domestic lenders, especially mid-sized banks, which are already suffering from higher bad loans and a slowdown in profit growth.
Lockheed, Pentagon ink $4.7 billion deal for eighth batch of F-35 fighters
WASHINGTON (Reuters) - The Pentagon said on Friday it had awarded Lockheed Martin Corp a contract valued at $4.7 billion for an eighth batch of F-35 fighter jets that lowered the average price per jet by 3.5 percent from the last contract, and 57 percent from the first batch.
Europe not at risk of full-blown deflation: ECB's Constancio
FLORENCE Italy (Reuters) - Europe is not at risk of sliding into "full deflation" but the current rate of inflation is dangerously low, European Central Bank Vice President Vitor Constancio said on Saturday.
Visa sees Visa Europe option now costing more than $10 billion
(Reuters) - Visa Inc , the world's largest credit and debit card company, said it might have to pay more than $10 billion to buy its London-based European licensee, Visa Europe Ltd, if its owners exercise their option to sell it.
Aviva in $8.8 billion deal to buy Friends Life after pensions shake-up
LONDON (Reuters) - British insurer Aviva said on Friday it had agreed terms on a possible deal to buy rival Friends Life for 5.6 billion pounds ($8.8 billion) as British pension reforms put pressure on insurance companies to find new business.
American Airlines unit to transfer 50 regional aircraft, cut jobs
(Reuters) - American Airlines Group Inc subsidiary Envoy Air plans to transfer at least 50 Embraer 145 aircraft to other regional carriers beginning in early 2015 in a move that will lead to job cuts, according to an internal letter reviewed by Reuters.
Unemployment rates fall in two-thirds of US states
Unemployment rates fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.
US stocks edge higher in afternoon trading
Stocks were on track to finish higher Thursday afternoon for the second day in a row as investors drew encouragement from reports on Chinese manufacturing, U.S. home sales and some positive earnings from Best Buy, Dollar Tree and other retailers.
US stocks edge higher in midday trading
Major stock indexes shifted higher in midday trading Thursday, getting a lift from an encouraging report on Chinese manufacturing and some positive earnings from Best Buy, Dollar Tree and other retailers. The market also got a boost from data showing modest improvement in sales of previously occupied homes.
US stocks edge higher in morning trading
Major stock indexes moved higher in morning trading Friday, shaking off the prior day's slide over the possible geopolitical fallout from the downing of a passenger jet flying over eastern Ukraine. Investors had their eye on financial results from several big companies, including Google and Honeywell International.
US stocks are mixed in early trading
ESPN bans Twitter use for baseball writer who defended evolution
ESPN: No more tweeting for baseball writer who defended evolution
Need a laugh? 'Star Trek: The Next Generation' outtakes make it so
In new ad, Microsoft insists Siri is incompetent
Checking out Photoshop for Chromebooks: Network-computing revived
Behind the scenes of a drone orchestra
Ex-BlackBerry CEO Heins: 'I have no regrets' (Q&A)
Artist imagines Hogwarts in a galaxy far, far away
George Lucas trades sci-fi for fantasy in 'Strange Magic' musical trailer
Does Flywheel exec shakeup spell trouble? CEO says no
Pay it Forward by Mentoring the Next Generation
I'll admit it: Women can be hard on one other. We can be critical and judgmental. We sometimes, in this back-biting competitive world, live up to the negative stereotypes. You know what I'm talking about. But there's a flip side: Women can also be incredibly supportive of each other. We can be loving and generous. And sometimes, when we work...
Candy Crush is taking over your Facebook feed -- again
Can bitcoins catch on with consumers? This VC's betting on it
Crave Ep. 184: Watch Tony Hawk do endless 360s on a hoverboard
European Parliament to call for breakup of Google, report says
Black Friday Shoppers Are Not Villains
We've all seen it on the internet, in television and probably on the radio. Black Friday shoppers are made to look like selfish idiots. I just want to take a moment though to explain why Black Friday shoppers are not villains.1. They boost the economyEven though stores are cutting prices, the entire point of black friday is to help retailers...
Jupiter's moon Europa looks embryonic in 'remastered' NASA photo
4 Tips for Crafting an Effective Elevator Pitch
As a publicist, my day revolves around pitching. From pitching my clients to the media to pitching my business to potential new clients, I spend hours each day carefully crafting statements and ideas that quickly communicate key business messages. I can confidently say that out of all of the pitches that cross my desk on a daily basis, the...
Next on Tap: More Data and Thanksgiving
Lots of economic data next week including a GDP reading and housing data in a week shortened by the Thanksgiving holiday.
Hate ads? Pay Google to block them for you
The 404 Show 1,584: Google Contributor, JFK has a drone problem, San Francisco's poo map (podcast)
China Rate Cut, Dovish Draghi Lift Stocks to Fresh Highs
Stocks closed at fresh highs Friday after China’s central bank cut interest rates, while expectations for more economic stimulus in Europe got another jolt.
Kraft, Intel Have Room to Run
I’m worried about the market being overbought, but I still haven’t received any kind of sell signal.
These smart clothes know how big your hips are
Can Burlington Stores Heat up Your Portfolio?
Can Burlington Stores make you money?
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