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Wednesday October 22nd 2014

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Business – Google News

Western Ky. retailer closing after 4 decades – WVAH


Western Ky. retailer closing after 4 decades
WVAH
GREENVILLE, Ky. (AP) — A large independently owned sporting goods store in western Kentucky is closing its doors after nearly 40 years. Lee Fauntleroy, owner of Uncle Lee's in Greenville, announced the closing this week. It affects about 90 employees.
Uncle Lee's store closing: Owner to retire after nearly 40 years in businessmessenger-inquirer

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Posted on 22 October 2014 | 9:12 am

Euro hits one-week low on ECB easing bets; eyes on Bank of England – Reuters


Reuters

Euro hits one-week low on ECB easing bets; eyes on Bank of England
Reuters
LONDON (Reuters) – The euro hit a one-week low against the dollar on Wednesday following a Reuters report that the European Central Bank was considering buying corporate bonds, highlighting the diverging policy outlooks for the euro zone and the …
European Stocks Decline as Some Earnings Miss EstimatesBloomberg
Europe's stress tests could lead to more bank bailoutsMarketWatch
Talk of ECB Stimulus Steadies Europe StocksWall Street Journal
Reuters UK -Financial Times -Channel News Asia
all 554 news articles »

Posted on 22 October 2014 | 8:46 am

Wet European summer leaves Heineken beer sales short – Reuters


Telegraph.co.uk

Wet European summer leaves Heineken beer sales short
Reuters
BRUSSELS, Oct 22 (Reuters) – Heineken, the world's third largest brewer, reported lower than expected beer sales in the third quarter as Europeans drank less during a wet summer, but retained its full-year outlook. The Dutch brewer, which makes Europe's …
Wet European summer dampens Heineken's beer salesTelegraph.co.uk
Heineken Revenue Misses Analyst Estimates as Europe WanesBusinessweek
Heineken Third-Quarter Profit FallsWall Street Journal
ABC News
all 41 news articles »

Posted on 22 October 2014 | 8:46 am

BOE Splits on Rate as Majority Sees Mounting Euro-Area Risk – Bloomberg


Bloomberg

BOE Splits on Rate as Majority Sees Mounting Euro-Area Risk
Bloomberg
Bank of England officials split for a third month on whether to increase the key interest rate as a majority saw increased risks from a slump in the euro-area economy. Minutes of the Monetary Policy Committee's Oct. 7-8 meeting published today showed Martin …
BOE Officials Gloomier on Economy, Minutes ShowWall Street Journal
Bank of England committee sees little scope to raise rates as eurozone crisis Telegraph.co.uk
EconomyBoE remains divided on when to hike ratesFinancial Times
Fox News -CNBC
all 29 news articles »

Posted on 22 October 2014 | 8:40 am

Coca-Cola Profit Down: Sales Under Pressure – WallStreet OTC


WallStreet OTC

Coca-Cola Profit Down: Sales Under Pressure
WallStreet OTC
Lower US sales caused McDonald's earnings to fall 30%, while Coca-Cola's fell 14%. McDonald's US sales have been under pressure as consumers switch to other chains, notably the fast-growing Chipotle Mexican Grill. Sales also fell in Russia, Germany …
Coke to Slash Costs as Soda Sales Remain FlatABC News
Coca-Cola falls amid sluggish sales growthBDlive
Coca-Cola Lowers Forecast and Plans Cost-CuttingNew York Times
USA TODAY -The Globe and Mail
all 359 news articles »

Posted on 22 October 2014 | 8:24 am

Government to announce Social Security COLA; preliminary numbers suggest it … – Fox Business


Government to announce Social Security COLA; preliminary numbers suggest it
Fox Business
WASHINGTON – Millions of older Americans who rely on government benefits are about to find out how much their monthly payments will increase next year. Preliminary figures suggest the annual cost-of-living adjustment for Social Security recipients, …

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Posted on 22 October 2014 | 7:47 am

U.S. stocks jump; Nasdaq enjoys best day in 21 months – MarketWatch


MarketWatch

U.S. stocks jump; Nasdaq enjoys best day in 21 months
MarketWatch
NEW YORK (MarketWatch) — U.S. equity investors bid up prices on Tuesday, delivering another day of gains for major indexes on the heels of upbeat quarterly results from tech giant Apple and talk of economic stimulus in Europe. By far the best performer, …
Asian stock markets gain on hopes for fresh European stimulus, China growthFox Business

all 223 news articles »

Posted on 22 October 2014 | 7:34 am

Yahoo Sales Top Estimates – Bloomberg


USA TODAY

Yahoo Sales Top Estimates
Bloomberg
Oct. 22 (Bloomberg) — Yahoo announced its third-quarter earnings as CEO Marissa Mayer worked to soothe shareholder fears over the company's turnaround and its acquisition strategy. Bloomberg's Caroline Hyde reports on "Countdown." (Source: …
Yahoo CEO Marissa Mayer parries activist investor attacksReuters
Under fire, Yahoo CEO assures shareholders 'we've achieved more than many Fox Business
Yahoo profit surges on Alibaba divestment, mobileThe Sun Daily
Boston Globe -Sky News -SFGate
all 379 news articles »

Posted on 22 October 2014 | 7:03 am

Kentucky’s bourbon industry smashes records – messenger-inquirer


USA TODAY

Kentucky's bourbon industry smashes records
messenger-inquirer
In the time it takes to age a Kentucky straight bourbon — that's two years — the Kentucky Bourbon industry has nearly doubled its work force, tripled its number of distilleries, and set new modern records for exports and barrel inventories. These are among the …
Kentucky's bourbon industry is boomingMarket Business News
Kentucky Bourbon Industry BoomingDumb-Out
Business of Bourbon Growing Fast in KentuckyNew York Times
WEKU -WHAS 11.com (subscription)
all 47 news articles »

Posted on 22 October 2014 | 6:41 am

Dear Monty: Rent-back clause prevents financial disaster​ – SouthCoastToday.com


Dear Monty: Rent-back clause prevents financial disaster​
SouthCoastToday.com
By Richard Montgomery. More Content Now. Reader question: The buyer backed out just days before closing, which left me in a financial disaster. I made my income out of my home renting rooms. I had to give them notice to move prior to the closing date.

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Posted on 22 October 2014 | 6:12 am