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Microsoft Vaults to Enterprise Search Top Rung With Fast Buy (TechNewsWorld.com)
Microsoft is moving to buy Norway-based enterprise search specialist Fast Search and Transfer for $1.2 billion, a purchase that would instantly grow the software giant's business search footprint. Redmond is offering Fast shareholders about $3.50 per share, a 42 percent premium to the company's trading price last week.
Countrywide denies bankruptcy rumors as stock trading temporarily halted (Wichita Business Journal)
Countrywide Financial Corp.'s shares began to recover Tuesday afternoon after the mortgage lender released a statement denying bankruptcy rumors. (CFC)
TSX and dollar drop on crude-price slide, fear of TD writedown (Toronto Star)
The 2008 trading year continued to deteriorate yesterday as the Toronto stock market sustained another sharp loss on worries about the depth of an economic slowdown in the U.S. following the release of a dismal U.S. employment report on Friday.
Stock markets remain weak over worries about slowing U.S. economy (The Canadian Press via Yahoo! Canada News)
TORONTO - The Toronto stock market gave up an early modest lead and sold off across most sectors Monday morning amid a sharp fall in oil prices, big changes at CIBC World Markets (TSX:CM) and the related departure of TSX Group (TSX:X) CEO Richard Nesbitt.
TSX tumbles on US economic worries;NY indexes mixed (The Canadian Press via Yahoo! Canada News)
TORONTO - The 2008 trading year continued to deteriorate Monday as the Toronto stock markets sustained another sharp loss on worries about the depth of an economic slowdown in the United States following the release of a dismal U.S. employment report on Friday.
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