David Buik News
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European stocks climbed to their highest in more than 22 months, as U.S. reports showed employers added more workers in December and the services industry expanded more than forecast.
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U.K. stocks were little changed, paring earlier gains, after U.S. Senate Majority Leader Harry Reid said America looks to be heading for the so-called fiscal cliff of automatic tax increases and spending cuts.
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U.K. stocks tumbled by the most in almost a month after Mulberry Group Plc unexpectedly warned that profit will drop for the full year and as company earnings from the U.S. and continental Europe disappointed investors.
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Traders across London started showing up for work around midnight as dealing desks opened in the early morning to react to the U.K. election.
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July 26 (Bloomberg) -- Cantor Index Market Strategist David Buik and Philadelphia Trust Company's Michael Crofton outline the time frame in which ECB president Mario Draghi has to act to save the Euro. They speak with Betty Liu on Bloomberg Television's "Street Smart." (Source: Bloomberg)
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German Chancellor Angela Merkel’s export machine is generating far more in revenue than her anti- bailout voters are committing to euro-crisis fighting as the weakening currency adds to the country’s competitive edge.
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Yell Group Plc , the publisher of the U.K.’s yellow pages directories, surged the most in almost seven months in London trading amid speculation about a takeover bid for the company.
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When European Union financial-services commissioner Michel Barnier wrote a letter to U.S. Treasury Secretary Timothy F. Geithner on the complex topic of hedge-fund regulation, he used a little trick he learned from Olympic skiing champion Jean-Claude Killy : keep it short.
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Gartmore Group Ltd. fell in London trading after the U.K. money manager said that Guillaume Rambourg had quit the firm.
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European stocks declined, snapping the longest stretch of gains in six months, after Moody’s Investors Service put Spain’s debt rating on review for a possible downgrade.
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