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Morgan Stanley Dean Witter & Company

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  • Initial jobless claims drop sharply to 334,000, near five-year low

    Initial jobless claims drop sharply to 334,000, near five-year low
    WASHINGTON -- Initial jobless claims dropped sharply last week to 334,000, close to a five-year low, the Labor Department said Thursday.
  • Monsanto withdraws bids to grow GMO crops in Europe

    Monsanto withdraws bids to grow GMO crops in Europe
    Monsanto Co. said Thursday it will largely drop its bid to grow some of its genetically modified crops in Europe. The world's largest seed-maker has nine pending applications with the European Commission, the executive body for the European Union. A...

    Stocks hit fresh highs, but Google, Microsoft earnings disappoint

    Stocks hit fresh highs, but Google, Microsoft earnings disappoint
    Enjoy the stock market's latest record while you can. The Dow Jones industrial average and Standard & Poor's 500 index both turned in fresh highs Thursday, propelled by favorable earnings and a drop in jobless claims. Share prices also got a boost...

    Stocks boosted by strong profit reports from Wall Street banks

    Stocks boosted by strong profit reports from Wall Street banks
    NEW YORK — Investors pushed major U.S. indexes to a fresh round of all-time highs this week after strong profit reports from Wall Street banks were seen as another sign that the economy is improving. Citigroup Inc., Goldman Sachs and Morgan...

    Upbeat data may prompt Fed to act

     Upbeat data may prompt Fed to act
    WASHINGTON — Improving economic data is making the prospects more likely that the Federal Reserve will start tapering its massive bond buying next month, a move that suggests the recovery is on solid ground but that would be likely to roil Wall...