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Stocks rise after improved jobs, housing data (Reuters) Wed, 25 Nov 2009 16:56:08 Reuters - U.S. stocks edged up on Wednesday after data pointed to stabilizing labor and housing markets, considered two big headwinds slowing down a recovery. Source: Reuters Item Category: business

U.S. consumer spending rises, jobless claims tumble (Reuters) Wed, 25 Nov 2009 14:35:55 Reuters - U.S. consumer spending rose more than expected in October, while new applications for jobless aid last week fell to their lowest level in more than a year, suggesting the economic recovery is gaining traction. Source: Reuters Item Category: business

U.S. new home sales rise sharply in October (Reuters) Wed, 25 Nov 2009 15:06:19 Reuters - Sales of newly built U.S. single-family homes in October rose more than expected to their highest level in a year, data showed on Wednesday, pointing to a stabilizing housing market after a three-year slump. Source: Reuters Item Category: business

GM grapples with Saab, Opel futures (Reuters) Wed, 25 Nov 2009 16:24:57 Reuters - General Motors cast around for fresh options for Sweden's loss-making Saab on Wednesday after the collapse of its sale added another dimension to tortuous European restructuring plans. Source: Reuters Item Category: business

Tiffany adds shine to holiday view, shares rise (Reuters) Wed, 25 Nov 2009 17:09:56 Reuters - Tiffany & Co , which resisted the temptation to deeply discount its jewelry in the recession, posted earnings showing its upscale shoppers around the world are coming back to life. Source: Reuters Item Category: business

FTSE gains, shrugging off recession data (AFP) Wed, 25 Nov 2009 12:03:29 AFP - The FTSE 100 rose on Wednesday as investors shrugged off data showing the economy is stuck in a record recession. Source: AFP Item Category: world

Capmark Financial gets OK to sell units (AP) Wed, 25 Nov 2009 16:59:40 AP - Capmark Financial Group Inc. said it has received approval to complete the $515 million sale of its North American servicing and mortgage banking units to a joint venture owned by Warren Buffett's Berkshire Hathaway Inc. and Leucadia National Corp. Source: AP Item Category: business

Rates on 30-year mortgages sink, match record low (AP) Wed, 25 Nov 2009 16:33:04 AP - Average rates for 30-year fixed mortgages fell this week, matching a record low set last spring and more than a full percentage point below what they were a year ago, Freddie Mac said Wednesday. Source: AP Item Category: business

Coldwater Creek drops as 3Q results miss views (AP) Wed, 25 Nov 2009 16:04:41 AP - Shares of Coldwater Creek Inc. slumped Wednesday after the women's apparel retailer posted a third-quarter loss that missed Wall Street's expectations. Source: AP Item Category: business