Fox, Time Warner Cable ink temp deal to avoid blackout (Reuters)

Reuters - Time Warner Cable and News Corp’s Fox Networks agreed to a brief extension of their current carriage contract on Thursday to avoid a blackout that would have prevented 13 million U.S. homes from seeing TV shows like “The Simpsons” and college and NFL football games.

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Fox, Time Warner Cable ink temp deal to avoid blackout
(Reuters)

Few called market turn, fewer predict it will last (AP)

AP - Few analysts forecast this year’s remarkable stock market rebound as major indexes were plunging to 12-year lows last March. Now, with most experts predicting the pace of stocks’ gains will slow in 2010, there’s reason to believe they will be proven correct

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Few called market turn, fewer predict it will last
(AP)

Stock Funds Rocket Out Of The Ditch (Investor’s Business Daily)

Investor’s Business Daily - Stock mutual funds pulled a Lazarus in 2009.

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Stock Funds Rocket Out Of The Ditch
(Investor’s Business Daily)

Stocks fall sharply as investors close out 2009 (AP)

AP - The stock market closed out a remarkable 2009 with a loss as investors bet the improving economy will lead the government to pull back on its stimulus measures. But stocks still managed their best year since 2003 as they recovered from the financial crisis and recession.

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Stocks fall sharply as investors close out 2009
(AP)

Fed’s balance sheet shrinks slightly (Reuters)

Reuters - The U.S. Federal Reserve’s balance sheet shrank slightly in the latest week on a small dip in its holdings of agency mortgage-backed securities, Fed data released on Thursday showed.

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Fed’s balance sheet shrinks slightly
(Reuters)

Time Warner agrees to cooling-off period (Reuters)

Reuters - Time Warner Cable Inc said on Thursday it has agreed to a 30-day cooling-off period in its talks over fees with News Corp.

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Time Warner agrees to cooling-off period
(Reuters)

Mortgage interest rates rise, set to climb higher in 2010 (The Christian Science Monitor)

The Christian Science Monitor - Mortgage interest rates crept up for the fourth week in a row Thursday, a troubling sign for borrowers hoping that home finance will remain near historic lows during the new year.

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Mortgage interest rates rise, set to climb higher in 2010
(The Christian Science Monitor)

WaMu says tax refund may double, shares soar (Reuters)

Reuters - Washington Mutual Inc said it could receive an additional $2.6 billion in tax refunds due to a recently enacted law, sending shares of the bankrupt bank holding company soaring on Thursday.

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WaMu says tax refund may double, shares soar
(Reuters)

Electronics Led Jump in Online Holiday Shopping (NewsFactor)

NewsFactor - More customers chose to point and click rather than park and swipe this Christmas season, with a five percent increase in online shopping over the same period last year, a study by the Internet marketing firm comScore says.

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Electronics Led Jump in Online Holiday Shopping
(NewsFactor)

Wells Fargo grants $25 million in stock bonuses to top execs (Reuters)

Reuters - Wells Fargo & Co said on Thursday it gave Chief Executive John Stumpf and three other top executives stock payouts worth a total of about $25 million, but it said none of these executives will receive a cash bonus for 2009.

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Wells Fargo grants $25 million in stock bonuses to top execs
(Reuters)

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