Deal on offshore revenue for Nfld. and N.S. could come next week
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ST. JOHN'S, Nfld. (CP) - Newfoundland is on the brink of an offshore revenue deal with Ottawa that could see the country's poorest province end its dependence on equalization payments in as little as three years, says Premier Danny Williams.
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Brands, buys, and bulk products will color in the week that lies ahead.
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NEW YORK - Investors are expected to focus on oil prices and corporate earnings outlooks this week, and the slightest warning about company revenues could weigh on stocks.
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THE North-East could see investment and employm
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The Motley Fool's Rick Munarriz takes a look at the business week that approaches.
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Plus: SCO to cap legal costs...Novell sees weakness in IT spending...Salesforce reports rise in profit...Nortel to lay off 3,500.
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Stocks may come under pressure next  week as investors sell shares at year's end to prepare for tax  season. But crude oil prices, earnings outlooks and moves in  the dollar will also be closely watched.
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Goldman Sachs is close to completing a  15 billion pound ($29.5 billion) financing package to be used  by suitors for UK lender Northern Rock , the Sunday  Times reported, adding details may be unveiled this week.
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By Mark Harrington, Newsday, Melville, N.Y.  Sep.
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Liberty Media will regain ownership of  regional sports cable channels in Pittsburgh, Seattle and its  home market of Denver, in a deal expected to be announced this  week with News Corp., the Monday's Wall Street Journal said,  citing people close to the situation.
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With the Republican National Convention kicking off on Monday and a slew of economic reports due out in the week ahead, investors could be in for some rough sledding.
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A long-anticipated merger may soon come true.
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A new reporting period for company  earnings kicks into gear this week, giving investors a bit of  hard data to chew on, and markets could be volatile if the  price of crude oil stays north of $50 a barrel.
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ST. JOHN&#39;S, Nfld. (CP) - Newfoundland&#39;s fight with the federal government over offshore revenues erupted into accusations of threats and blackmail Thursday before ending in an apology and olive branches from both sides.
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A new reporting period for company earnings kicks into gear this week, giving investors a bit of hard data to chew on, and markets could be volatile if the price of crude oil stays north of &#36;50 a barrel.
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A light economic calendar this week should give traders a chance to look ahead to second-quarter earnings announcements.
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The Treasuryâs schedule of financing this week included the regular weekly auction of new three- and six-month bills on Thursday and an auction of four-week bills on Tuesday.