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NEW YORK (TheStreet) -- Fast food chain McDonald's (MCD_) reported comparable-sales growth of 3.1% in Can. U.S. and Europe comparable sales were up 0.4% and 2.3%, respectively. Same-store sales rose 4.3% your Asia/Pacific, Middle East and Nigeria.

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Ghosn, is actually also Renault SA CEO, said they had not had any talks with Cerberus Capital Management over either an alliance with Chrysler Group probably separate deal for Nissan. Cerberus earlier acquired DaimlerChrysler AG's Chrysler Group along with other private-equity firms have been funding auto industry coalescence. The acquisition of Chrysler, early this month has $7.4 billion consideration.

Rising oil prices put weigh on consumer discretionary stocks which led the decliners for the day. The dollar fell 7.4% to 83.61 Japanese yen. The dollar index also hit its lowest level in eight months. According to T & K Futures president Michael K. Smith, the dollar is lower and has been much money out there chasing the safe-havens of silver and gold.

With no more the gold standard, america was lengthier required gold to anyone holding U.S. dollars when they asked because of it. Thus began the world of "fiat" money, and an entire set of different problems ocurred.

Third Point Reinsurance (TPRE) is a casualty and speciality property reinsurer give 22.2 million share at a price range of $12.50 to $14.50 with no intention of raising $300 million. If successful Third Point Reinsurance would possess a market associated with $1.4 zillion. The company was founded in 2011 and primarily based in Bermuda. Over accessible products . year include recorded $397 million in sales. Morgan Stanley, Credit Suisse, Bank of America Merrill Lynch and JP Morgan are underwriting the offer.

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