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Merrill plans to halve year-end bonuses -report
Dec 3 (Reuters) - Merrill Lynch & Co , which is setto merge with Bank of america Corp , plans to cutyear-end bonuses in half, Bloomberg News said, citing two peoplewith knowledge of the situation.
Reuters

UPDATE 1-Infineon post Q4 Ebit loss of 220 mln eur
NEUBIBERG, Germany, Dec 3 (Reuters) - Chipmaker Infineon reported an operating loss of 220 million euros($279.9 million) in its fourth quarter, missing expectations asit grapples with falling chip prices and declining demand fromautomakers, a key customer group.
Reuters

Daily Report: Dollar and Yen to Resume Rally Cautiously, Focus on Services Data
While dollar and yen retreats mildly from this week's high as stocks recovered, the pullback is so far mild and doesn't change the near term bullish outlook. Focus will turn to services data from Eurozone, UK and US today as well as some preview reports for Friday's Non-Farm Payroll. The...
actionforex.com

Drug marketing techniques compromising patients
London, December 3 : Patients' safety is being compromised in america because medicines these days are reviewed and released onto the market faster than ever before, says a report.
Big News Network

Goldman mulling Internet banking operation: report
(Reuters) - Goldman Sachs Group Inc is considering launching an Internet banking operation, The Wall Street Journal reported, citing people familiar with the situation.
Reuters

Cost Plus, Inc. (CPWM)
Cost Plus, Inc. (CPWM) - As expected, Cost Plus reported disappointing results for the third quarter. The company's sales trends have been weak for some time, and the current macro economic headwinds are not helping the company's prospects. Mall traffic suffered a severe decline in September, and those trends should continue throughout the holiday shopping season. This will further pressure the company's sales and profit margins. What's more, losses are mounting, and its balance sheet remains weak. This combination does not point to a higher stock price. We reiterate our Sell rating and our six-month target price of $0.50.
Zacks

REFILE-UPDATE 2-Now is time to buy: hedge fund Avenue Capital
HONG KONG, Dec 3 (Reuters) - Financial assets have becomeso cheap because of the credit crisis that now is a good timeto scoop up bargains, the head of one of the world's biggesthedge funds, Avenue Capital, said on Wednesday.
Reuters

Retail Rebound
Sears, Staples trade higher after quarterly reports.
Forbes

UPDATE 1-Deals of the day -- mergers and acquisitions
Dec 3 (Reuters) - The following bids, mergers, acquisitionsand disposals involving European, North american and Asiancompanies were reported by 1000 GMT on Wednesday.
Reuters

Swiss Re sigma Report Analyzes Emerging Markets, Takaful
Swiss Re's newly released sigma study explores the latest developments in the insurance sector of emerging market economies, with a special focus on the growing market for takaful, a form of Is
Insurancejournal.com

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