HMV struggles in 'severe' market
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Profits at music retailer HMV more than halve as it battles against competition from supermarkets and online retailers.
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The market has been shaken by uncertainty surrounding bond insurers and whether they will be able to handle large losses in the value of mortgage-backed bonds.
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&quot;Every [PC maker] has to deal with this, one way or another,&quot; International Data Corp. analyst Roger Kay said. The problem is that it&#39;s difficult to make money on PCs today, given how cutthroat competition has driven down prices.
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The real issue users need to keep their eyes on is will these three companies be able to leave well enough alone. How other companies have handled past acquisitions might provide some insight into how these company mergers and their products will fare long term.
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Merck &amp; Co.&#39;s decision to pull its Vioxx anti-arthritis drug from the markets due to severe side effects left pharmaceutical sector mixed Thursday.
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SALES at consumer goods giant Unilever slumped 4% in its latest quarter, heaping yet more bad news on long-suffering investors. Just weeks after a devastating profit warning braced the markets for grim tidings
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HMV was the biggest mid-cap gainer Wednesday as the FTSE closed sharply lower.
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Don't buy without considering threat of entry, bargaining power, and more.
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UNITED KINGDOM - The process of property market weakening has been recently observed due to declining mortgage lending for the last two months in a row in the UK.
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A strategy to cope with the market's malaise.
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Shares in the retailer (UK:HMV: news, chart, profile) were last up 3 percent to 253.5 pence in London trade. HMV said it will invest around 10 million pounds to launch and market the online digital music store
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UK retailer Sports Direct says the wet weather has led to "exceptionally difficult" trading.
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MCI has reported a $3.4bn (Â£1.8bn) third-quarter loss due mainly to a write-off of the value of its assets. The company&#39;s efforts to recover from its bankruptcy are being hampered by stiff competition in
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Individual investors are struggling to find a balanced approach at an unreliable time for the market.
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The banking company is holding up in a tough market.
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Business & money: UK life insurer attempts to streamline its business after seeing its profits virtually wiped out last year
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Confidence among UK manufacturers has slipped in the face of slowing demand and higher costs, a survey has said. The CBI said the sector was facing &quot;clear threats&quot;, with profit margins under pressure from