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BREAKING NEWS ON: BUSINESS, ECONOMICS & FINANCE, STOCK & MARKETS BREAKING NEWS IN WORLD
TD AMERITRADE (AMTD) slipped in pre-market trading, after the company announced plans to acquire thinkorswim (SWIM).
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Specialty retailer Limited Brands, Inc. (LTD) reported Thursday a decline in comparable store sales for the month of December, negatively impacted by the difficult retail environment. In addition, the company lowered its earnings per share outlook for the fourth quarter.
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Nordic American Tanker (NAT) slid in pre-market trading, after announcing a public offering of 3 million shares.
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Thinkorswim (SWIM) jumped in pre-market trading, on news the company will be acquired by TD AMERITRADE (AMTD).
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EMC (EMC) climbed in pre-market trading, after expecting fourth quarter results to be in line with prior guidance and revealing its restructuring program.
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Parametric Technology (PMTC) declined in pre-market trading, after lowering its first quarter earnings estimate.
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Wal-Mart (WMT) dropped in pre-market trading, after cutting its fourth quarter earnings from continuous operations view.
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Intuitive Surgical (ISRG) fell in pre-market trading, after announcing its preliminary fourth quarter revenue results.
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Crucell (CRXL) rose in pre-market trading, after confirming merger talks with Wyeth (WYE).
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The stock markets across the Asia-Pacific region closed sharply lower on Thursday after worsening jobs data and corporate profit warnings reignited concerns about the health of the U.S. economy. Tech stocks were hit hard after chip maker Intel warned of lower revenues, while resource stocks were dragged down by the fall in commodity prices. Crude oil rose to above $43 per barrel in late Asian trades Thursday after its biggest single-day percentage decline in more than seven years overnight.
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