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AP - The nation's retailers are set to report sales for established stores on Thursday that are expected to mark the weakest October performance since 1969, when the International Council of Shopping Centers index began. The figures are based on same-store sales, or sales at stores opened at least a year, which are considered a key indicator of a retailer's health.
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0 Comments Reuters - Stocks rose on Friday as financial shares gained on optimism over further signs of thawing in the credit markets, but the Dow remained on track to log its worst month in a decade after being battered by worries of a deepening slowdown.
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Reuters - European airlines face a cut-throat battle to survive the winter as recession threatens the recipe many have used to ride out a spike in oil prices -- sharing the pain with consumers by slapping on fuel surcharges.
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Reuters - Companies receiving public money under a U.S. government financial rescue program must use it for lending or they will be violating the law, the powerful chairman of the U.S. House of Representatives Financial Services Committee said on Friday.
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