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Nintendo Shares New Details on Super Smash Bros. for WiiU

Posted: 7:40 AM - In less than a month, Nintendo will release one of its most anticipated games just in time for Black Friday and the holidays. Thursday, the video game giant revealed new details on Super Smash Bros. for the WiiU.
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  • Look to energy names for global demand clues

    A Wall Street sign is pictured in the rain outside the New York Stock ExchangeBy Caroline Valetkevitch NEW YORK (Reuters) - Slumping energy shares drove the recent U.S. stock market selloff more than any other major group, so investors are turning to next week's slate of earnings to see if the sector can pull itself out of the pit. The third-quarter earnings picture for energy looks grim. Profit growth expectations for S&P 500 energy companies have fallen more than any other sector - from a forecast of 13.8 percent on July 1 to the current 1.8 percent, Thomson Reuters data showed. Energy shares dropped 9. ...


  • Fannie Mae settles shareholder lawsuit for $170 million

    Woman walks past Fannie Mae in WashingtonBy Jonathan Stempel NEW YORK (Reuters) - Fannie Mae has reached a $170 million settlement of a lawsuit accusing it of misleading shareholders about its finances, risk management and mortgage exposure before it was seized by the U.S. government during the 2008 financial crisis. The settlement, which requires court approval, was disclosed in a Friday filing with the U.S. District Court in Manhattan. ...


  • Exclusive: Ford to overhaul Lincoln brand, this time with big bucks

    The company logo is seen on the bonnet of a Ford car during the media day ahead of the 84th Geneva Motor Show in GenevaBy Paul Lienert and Bernie Woodall DETROIT (Reuters) - Ford Motor Co's new chief executive, Mark Fields, is giving the automaker's long-moribund Lincoln brand what his predecessor Alan Mulally never could: a little love and a lot of cash. Lincoln, a storied Detroit brand which Ford has owned since 1922, has been in a swoon for the past two decades, leaving dealers and customers wondering if Ford management had left the brand for dead. ...


  • U.S. appeals court rules for GM over Spyker's Saab sale

    An Opel car stands in front of the company's logo during the first media day of the 80th Geneva Car Show at the Palexpo in GenevaBy Jonathan Stempel (Reuters) - General Motors Co persuaded a federal appeals court to uphold the dismissal of a $3 billion lawsuit in which Spyker NV accused it of derailing a plan to sell the Swedish automaker Saab to a Chinese company. The 6th U.S. Circuit Court of Appeals in Cincinnati on Friday said Spyker failed to show GM intentionally interfered with the Dutch company's effort to sell Saab to Zhejiang Youngman Lotus Automobile Co, leading to Saab's bankruptcy. GM had sold a majority of Saab to Spyker in 2010. ...


  • Ex-Bank of New York Mellon employee pleads guilty to insider trading

    A BNY Mellon sign is seen on their headquarters in New York's financial districtBy Joseph Ax NEW YORK (Reuters) - A former Bank of New York Mellon Corp employee on Friday pleaded guilty to insider trading based on tips from a former Merck & Co Inc employee about potential pharmaceutical mergers. Federal prosecutors in New York said David Post, 41, a product manager at the bank, received nonpublic information from a former Rutgers Business School classmate about three companies: Idenix Pharmaceuticals, Ardea BioSciences and ViroPharma Inc . Prosecutors did not name the classmate, but on Oct. ...


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