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WRAPUP 2-Defense firms profits beat, but growth a concern

WRAPUP 2-Defense firms profits beat, but growth a concern

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European Stock-Index Futures Advance; Siemens, BASF May Gain on Earnings

European stock-index futures rose as better-than-estimated earnings from Siemens AG and BASF SE outweighed a Federal Reserve report that showed growth slowed in some areas of the economy. U.S. futures climbed.

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Timing of stock sales by Moody's chief raises questions

WASHINGTON_ The chief executive of Moody's Investors Service sold almost $3 million in company stock this year, and $7.1 million last year, both times right before his company's stock price fell from its peak levels, a McClatchy analysis has found.

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MetLife Swings to Profit on Revenue, Derivative Gains

MetLife Inc., the biggest U.S. life insurer, swung to a second-quarter profit as revenue improved and the company booked an investment gain on derivatives. The stock rose 2.8 percent in extended New York trading.

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Molycorp Tumbles 14% on First Day After Reducing Rare-Earth Stock Offering

Molycorp Inc., owner of the worlds largest non-Chinese deposit of rare-earth metals, declined in its first day of trading after chopping the size of its initial public offering by 18 percent.

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London Stock Exchange Group (LON:LSE) and India's National Stock Exchange (NSE) Sign Letter of Intent

London, United Kingdom, July 28, 2010 - (ABN Newswire) - London Stock Exchange Group (LON:LSE) and India's National Stock Exchange (NSE) today signed a Letter of Intent to evaluate joint strategic business opportunities, and to co-operate together more closely in the future.

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Volatility Trade Buffett Embraced Backfiring for Hedge Experts

A bullish stock market trade embraced by the smartest money is backfiring. And that has investors wondering if what Warren Buffett and Goldman Sachs Group Inc. know about derivatives is obsolete.

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