Daily Outlook - Nov 19.<h1><strong>Fed officials play down impact of weak dollar</strong></h1> Federal Reserve officials on Thursday downplayed the consequences of the falling U.S. dollar, underscoring that deflation is still a threat, especially with commercial real estate prices falling. <a href="http://www.ibtimes.com/articles/20091119/fed-officials-play-down-impact-of-weak-dollar.htm">Read Full Article here</a>. <h1>U.S. recovery seen subdued, jobless rate high: OECD</h1> The U.S. economic recovery will be weaker than after previous deep recessions, and the high jobless rate will decline only slowly, the OECD said on Thursday. <a href="http://www.ibtimes.com/articles/20091119/urecovery-seen-subdued-jobless-rate-high-oecd.htm">Read Full Article here</a>. <h1>Sony pushes back profit margin target to 2013</h1> Japan's Sony Corp pushed back an elusive target of an operating profit margin of 5 percent to March 2013, as it heads for its second straight loss and loses ground to overseas competitors. <a href="http://www.ibtimes.com/articles/20091119/sony-pushes-back-profit-margin-target-to-2013.htm">Read Full Article here</a>. <h1>Nokia sees corporate interest for netbook</h1> Top cellphone maker Nokia has seen growing interest among companies for its first netbook or mini-laptop, a company executive said on Thursday. <a href="http://www.ibtimes.com/articles/20091119/nokia-sees-corporate-interest-for-netbook.htm">Read Full Article here</a>. <h1>Blackstone's Pinnacle to buy Birds Eye: report</h1> Blackstone Group's Pinnacle Brands Corp is likely to buy U.S. frozen vegetable company Birds Eye Foods for more than $1.3 billion, the Wall Street Journal said, citing people familiar with the matter. <a href="http://www.ibtimes.com/articles/20091119/blackstones-pinnacle-to-buy-birds-eye-report.htm">Read Full Article here</a>. <h1>Financial reforms grind forward in Congress</h1> The U.S. Congress edged closer on Wednesday to creating new government powers to break up giant financial firms, which Europe is already doing, while a U.S. derivatives market crackdown got more complicated. <a href="http://www.ibtimes.com/articles/20091118/financial-reforms-grind-forward-in-congress.htm">Read Full Article here</a>. |
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