DAI: Wall St falters on European debt woes

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Good evening Pan, MON 29 Nov 2010    Wall St falters on European debt woes Markets doubtful as Germany, France say euro saved Wal-Mart to pay $2.3 billion for control of Massmart Retail stocks shrug off strong Black Friday sales weekend Morgan Stanley's Meeker joins Kleiner Perkins Toyota to fix 378,000 Prius hybrids for heat risk Retailers hope Cyber Monday keeps shoppers buying Kraft-Starbucks coffee conflict heats up Labor Dept wants more target date disclosure Supreme Court rejects Tiffany trademark appeal vs eBay Euro zone expects slower growth 2011 Mega Monday - online Xmas sales soar Irish bailout fails to rally euro Wall St falters on European debt woes November 29, 2010 04:10 PM ET NEW YORK (Reuters) - Stocks edged down in low volume on Monday on worries Europe's credit crisis will spread despite a weekend agreement to bail out Ireland. Full Article Markets doubtful as Germany, France say euro saved November 29, 2010 02:40 PM ET BERLIN/PARIS (Reuters) - Germany and France said on Monday that Europe had acted decisively to save the euro by rescuing Ireland and agreeing the basis of a permanent debt resolution system, but financial markets were unconvinced. Full Article Wal-Mart to pay $2.3 billion for control of Massmart November 29, 2010 02:42 PM ET JOHANNESBURG (Reuters) - Wal-Mart Stores Inc has agreed to pay $2.3 billion for control of Massmart Holdings Ltd , giving the world's largest retailer a substantial presence in South Africa and paving the way for further expansion across the continent. Full Article Retail stocks shrug off strong Black Friday sales weekend November 29, 2010 02:38 PM ET NEW YORK/CHICAGO (Reuters) - Store chains had a strong start to the holiday shopping season, but investors who bid up retail stocks were not impressed as they waited to see how much of a sales lull might set in. Full Article Morgan Stanley's Meeker joins Kleiner Perkins November 29, 2010 12:32 PM ET NEW YORK (Reuters) - Morgan Stanley internet analyst Mary Meeker, once dubbed "Queen of the Net," has left the bank and joined venture capital firm Kleiner Perkins Caufield & Byers. Full Article Toyota to fix 378,000 Prius hybrids for heat risk November 29, 2010 04:04 PM ET DETROIT (Reuters) - Toyota Motor Corp will pay to fix about 378,000 Prius models in the United States for a coolant pump glitch that could cause the top-selling hybrid to overheat and lose power, the automaker said on Monday. Full Article Retailers hope Cyber Monday keeps shoppers buying November 29, 2010 02:10 PM ET NEW YORK/SAN FRANCISCO (Reuters) - Retailers are hoping to cash in on Cyber Monday, one of the biggest days for Internet commerce, after strong weekend online sales. Full Article Kraft-Starbucks coffee conflict heats up November 29, 2010 03:54 PM ET NEW YORK/LOS ANGELES (Reuters) - Starbucks Corp and Kraft Foods Inc began airing a messy divorce in public on Monday, fighting over the dissolution of their partnership selling bags of Starbucks coffee at supermarkets. Full Article Labor Dept wants more target date disclosure November 29, 2010 03:55 PM ET NEW YORK (Reuters) - The Department of Labor on Monday proposed a rule that will require employers to provide more information to their employees about the role of "target date" mutual funds in retirement plans. Full Article Supreme Court rejects Tiffany trademark appeal vs eBay November 29, 2010 02:39 PM ET WASHINGTON (Reuters) - The Supreme Court said on Monday that it rejected an appeal by Tiffany & Co arguing that eBay Inc should be held liable for trademark infringement for selling counterfeit goods on its website. Full Article

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