friday

U.S. growth quickens, but speed bumps ahead (Reuters)

Reuters – The U.S. economy grew at its fastest pace in 1-1/2 years in the fourth quarter, but a rebuilding of stocks by businesses and slower business spending warned of weaker growth in early 2012.

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U.S. growth quickens, but speed bumps ahead
(Reuters)

friday

Fitch cuts Italy, Spain, other euro zone ratings (Reuters)

Reuters – Fitch Ratings on Friday downgraded the sovereign credit ratings for Italy, Spain, Slovenia, Belgium and Cyprus indicating there is a 1-in-2 chance of further downgrades in the next two years.

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Fitch cuts Italy, Spain, other euro zone ratings
(Reuters)

friday

Wall St edges lower after GDP data (Reuters)

Reuters – Stocks slipped on Friday as data showed the U.S. economy grew less than expected in the fourth quarter, while some disappointing earnings added pressure to the market.

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Wall St edges lower after GDP data
(Reuters)

friday

Chevron profit falls as refineries, output suffer (Reuters)

Reuters – Chevron Corp reported lower quarterly earnings on Friday, missing Wall Street forecasts, as rising spending on oil and gas projects and losses at its U.S. refinery business offset gains from higher crude oil prices.

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Chevron profit falls as refineries, output suffer
(Reuters)

friday

Ford hit by commodity costs, international woes (Reuters)

Reuters – Ford Motor Co reported a lower-than-expected fourth-quarter profit on Friday as commodity costs shot up and results from operations outside North America fell short of expectations.

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Ford hit by commodity costs, international woes
(Reuters)