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Monday, October 29, 2012

Financial news 10/29/2012

• AP: Revenue growth, not cost cutting key to earnings in Q4, 2012
• Money News: NY Mercantile Exchange suspended Monday
• NYT: Nation's financial center braces for Hurricane Sandy
• Bloomberg: Hurricane Sandy's costs forecasted at near $18 bln
• Reuters: Congress to face '13 debt-ceiling  increase from $16.4 trln 
• CNBC: Six oil refineries in N.E. account 7% of U.S. capacity
• BI: Annualized '12 GDP growth of 1.8% puts recovery at risk
• CNN Money: Retailers sold out of emergency supplies in N.E.
• HBJ: NYSE-Euronext closed for trading Monday
• BBC: Ex-Italian PM lashes out after tax evasion sentencing

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