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S&P forecasts regional growth despite federal cuts

(Reuters) – Standard & Poor's Ratings Services said on Thursday that broad federal spending cuts through sequestration should not be a drag on overall economic growth, but will have different effects among the country's regions. S&P said it expects the strongest growth in 2013 to occur in the mountain region, which encompasses Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah and Wyoming, as well as in the west south central states of Arkansas, Louisiana, Oklahoma and Texas. .. Continue reading

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Global stocks, euro rise after Cyprus banks reopen

By Ellen Freilich NEW YORK (Reuters) – Major stock markets recovered, with the benchmark S&P 500 stock index traded above its record closing high, and the euro edged off a four-month low on Thursday, as banks in Cyprus reopened to relative calm following the island's controversial bailout. Stocks rose on Wall Street, setting the stage for a record close. The record closing high on the S&P is 1,565.15, set on October 9, 2007. Continue reading

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Stocks, euro rise after Cyprus banks reopen

By Ellen Freilich NEW YORK (Reuters) – The benchmark S&P 500 stock index set a record closing high while the euro rose from a four-month low as banks in Cyprus reopened to relative calm on Thursday after the island's controversial bailout that taxed large depositors. Stocks rose on Wall Street, the S&P closing at 1,569.19, surpassing the previous record high on October 9, 2007 Continue reading

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Military employees to get 30 days’ notice of furloughs

Defense employees will get notice of any furloughs that may occur under sequestration. Continue reading

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Military creates brain repository to study wounds

The Pentagon has created a brain bank to research the damage that can occur in combat. Continue reading

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Will US role at climate talks change after storm?

During a year with a monster storm and scorching heat waves, Americans have experienced the kind of freakish weather that many scientists say will occur more often on a warming planet. Continue reading

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Two dead as police clash with protesters in Peru’s capital

LIMA (Reuters) – Two people died and 21 others were injured in Peru's capital on Saturday as protesters clashed with police trying to shut down a sprawling wholesale market, raising the death toll to four since street battles erupted at the site on Thursday. The unrest in Lima's downtown has stunned residents and could hurt Mayor Susana Villaran's chances of winning a recall election in the chaotic city of 8 million. The date of the vote has not been set, but must occur within 40 days. Continue reading

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Two dead as police clash with protesters in Peru’s capital

LIMA (Reuters) – Two people died and 21 others were injured in Peru's capital on Saturday as protesters clashed with police trying to shut down a sprawling wholesale market, raising the death toll to four since street battles erupted at the site on Thursday. Continue reading

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Realogy Announces Full Exercise of Underwriters’ Option to Purchase Additional Shares

PARSIPPANY, NJ–(Marketwire – Oct 12, 2012) –  Realogy Holdings Corp. ( NYSE : RLGY ) (the “Company”) today announced that the underwriters of its initial public offering exercised in full their option to purchase an additional 6,000,000 shares of common stock from the Company at the initial public offering price, less underwriting discounts and commissions. As a result, the total initial public offering size is 46,000,000 shares of common stock Continue reading

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Analysis: Does history suggest China growth is about to rebound?

BEIJING (Reuters) – The last time China's vast manufacturing sector had conditions like those in August it was March 2009 and the economy was about to rebound from the global financial crisis. Continue reading

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