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AAUK News

De Beers, Freddie Mac, Pepsi: Hot Trends

Popular searches on the Internet Friday include De Beers on news that Anglo American has decided to buy the Oppenheimer family's 40% stake in the diamond company.

Stocks Edge Up After Fed Move

Stocks moved slightly higher Friday, as investors shrugged off the Federal Reserve's surprise discount rate hike amid tepid inflation data.

Anglo American '09 Profit Falls 54%

The metals and mining company said 2009 profit fell 54% as metals prices declined.

Goldman, Citi: Thursday's Headlines

Thursday's early headlines include earnings reports from Goldman Sachs, Citigroup, Nokia and Southwest Air, among others

Xstrata: No Bid for Anglo American

Xstrata said Thursday it won't make a bid for Anglo American despite the 'compelling strategic rationale' for a merger.

Breaking News

Wendy's Stock Surges As Activist Nelson Peltz Mulls Takeover Deal

Nelson Peltz and Trian Partners, Wendy's biggest shareholders, are planning to arrange a takeover of the iconic burger chain.

Fed Minutes Opinion: Powell Wields Interest Rate Hammer In A World Of Inflation Screws

Fed Chairman Jerome Powell has raised his inflation hammer, vowing sharp rate hikes to slow the fastest U.S. inflation in forty years. It won't work.

Mortgage Rates Ease, But Soaring Prices Keep Buyers, Refinancers Sidelined - MBA

“Most refinance borrowers continue to remain on the sidelines as a result, and refinance applications have fallen in nine of the past 10 weeks," said the MBA's Joel Kan.

General Motors Takes a Big Hit

GM says it found 'malicious login activity' on an unspecified number of online user accounts.