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November 22, 2009
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Stocks may sputter with Black Friday eyed NEW YORK (Reuters) - U.S. stocks could sputter this week as volumes dry up in holiday-shortened trading and with a slew of economic reports likely to illustrate the recovery is still fragile.
Cadbury prefers merger with Hershey over Kraft: report LONDON (Reuters) - Cadbury Plc would prefer a merger with U.S. chocolate maker Hershey Co rather than Kraft Foods Inc , the British company's chairman Roger Carr told the Sunday Telegraph newspaper.
Nestle seen weighing possible Cadbury bid: report ZURICH (Reuters) - Swiss food giant Nestle may consider a bid for Britain's Cadbury to challenge a hostile 9.9 billion-pound bid by Kraft Foods Inc and a potential move by Hershey, Bloomberg reported on Sunday.
BofA may extend CEO search into 2010: report NEW YORK (Reuters) - Bank of America may extend its search for a new chief executive into next year if its board is unable to pick a candidate in the next four days, according to a report on the Bloomberg News website.
"Black Friday" deals may not signal retail comeback CHICAGO (Reuters) - When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened, but even more bargain-hungry customers cross their thresholds.
NY Times to Goldman Sachs: Pay up to cut public debt NEW YORK (Reuters) - A New York Times editorial slammed Goldman Sachs for its role in the financial crisis and said that instead of paying big bonuses to its employees it should make a multibillion-dollar gift to help reduce the U.S. national debt.
Indian PM says no substitute for U.S. dollar: report NEW DELHI, NOV. (Reuters) - Indian Prime Minister Manmohan Singh said on Sunday there was no substitute to the U.S. dollar for replacement as the global reserve currency.
CORRECTED: "Black Friday" deals may not signal retail comeback CHICAGO (Reuters) - When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened, but even more bargain-hungry customers cross their thresholds.


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