Decline of listed firms on London's junior market slows

A decline in the number of companies listed on London's junior stock market eased this year and around half the companies that did leave were bought up or transferred to bigger exchanges, a Deloitte report shows.It said the number of companies listed on the London Stock Exchange's Alternative Investment Market (AIM) had fallen every year since 2007, but the fall in 2012 was just 4 percent, compared...

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Toyota Tsusho Corp secures almost 98 percent of France's CFAO

Toyota Tsusho Corp , the Japanese conglomerate, said on Monday it had secured almost 98 percent of French distribution company CFAO .The Japanese company said it would decide within three months whether to keep CFAO's French stock market listing.TTC had bought a 29.8 percent stake in CFAO in July from luxury and retail group PPR . TTC later launched a tender offer for CFAO, including PPR's remaining...

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S&P cuts Egypt rating on political strife

Standard & Poors' cut Egypt's long-term credit rating on Monday and said another cut was possible if deepening political turbulence undermines efforts to prop up the economy and public finances.Egypt's popular uprising two years ago chased away tourists and foreign investors, helping push its budget deficit into double digits as a percentage of national output and worsening its balance of payments.A...

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U.S. budget uncertainty hangs over quiet stocks, FX

 European shares and oil prices edged lower on Monday with Wall Street expected to follow suit, as a deadlock in U.S. budget talks left an undercurrent of uncertainty in markets ahead of the Christmas break.With a number of stock markets including in Germany, Italy and Switzerland closed for the Christmas holiday, the FTSEurofirst300 provisionally closed down 0.1 percent at 1,137.94 after a shortened...

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Wall Street edges lower in thin trade

U.S. stocks edged lower on Monday after the S&P 500 suffered its worst drop since mid-November on continued worry legislators will be unable to reach a deal to avert the "fiscal cliff."The Dow Jones industrial average dropped 27.95 points, or 0.21 percent, to 13,162.89. The Standard & Poor's 500 Index dropped 2.55 points, or 0.18 percent, to 1,427.60. The Nasdaq Composite Index dropped 6.23...

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NFL: Colts clinch playoff berth with win against Chiefs

The Indianapolis Colts crowned their remarkable turnaround by clinching an AFC wild-card playoff berth with a 20-13 victory over the Kansas City Chiefs on Sunday.The Colts, who tied for the NFL's worst record last season at 2-14, improved to 10-5 with their win over the 2-13 Chiefs.Rookie quarterback Andrew Luck, who the Colts claimed with the top pick in the NFL Draft thanks to their woeful record,...

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Bengals book playoff spot with win over Steelers

Josh Brown booted a 43-yard field goal with four seconds left to play to earn the Cincinnati Bengals a 13-10 win over the Pittsburgh Steelers and a ticket to the National Football League playoffs on Sunday.The victory was the Bengals' (9-6) first over their bitter AFC North rivals in six meetings and eliminated the Steelers (7-8) from post-season contention spoiling the holiday mood for the capacity...

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Column: NFL's 'nice little story' gets even better

The Colts were a nice little story six weeks ago.That's when a team that started 1-2 and had "rebuilding" written all over it responded to the loss of rookie coach Chuck Pagano with one of those how-did-they-do-it winning streaks — and that was supposed to be that. Considering the Colts finished 2-14 a year ago, then said goodbye to Peyton Manning and turned the rest of the roster upside-down, the...

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Luck sets rookie record, rookie PK sets NFL mark

Andrew Luck has broken the NFL rookie record for yards passing, and rookie kicker Blair Walsh has broken the league mark for 50-yard plus field goals in a season.On a Sunday featuring a slew of records, Luck topped Cam Newton's year-old mark for yards passing in the first half of Indianapolis' win at Kansas City. Newton's record was 4,051 yards. Luck entered the game needing 74 yards to break the...

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Anthony leads Knicks over Timberwolves

Carmelo Anthony took over in the last two minutes to carry the New York Knicks to a 94-91 victory over the Minnesota Timberwolves on Sunday.Anthony, who was ejected during Friday's loss to the Chicago Bulls, finished with 33 points, scoring 19 in the fourth quarter, as the Knicks came from behind to secure the home win."We didn't want to look back at this game later in the season and say this was...

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