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    Last update: December 22, 2009

    +GM has post-bankruptcy loss of $1.15 billion
      General Motors Co., the successor to General Motors Corp., reports a third-quarter loss of $1.15 billion, even as government stimulus programs help increase its sales and pull down the size of its inventory in the period following the automaker's emergence from bankruptcy in July.

    +Before the Bell: Cisco, Shire, EADS in focus Monday
      A roundup of financial and business news breaking before the opening bell on Wall Street Monday.

    +Economic Report: Retail sales rise 1.4% on rebound in autos
      U.S. retail sales increase a seasonally adjusted 1.4% in October, led by a rebound in auto sales, the Commerce Department estimates.

    +Earnings Watch: Updates, advisories and surprises
      A roundup of the latest corporate earnings reports and what companies are saying about future quarters.

    +Devon Energy shedding Gulf of Mexico assets
      Devon Energy plans to concentrate on its domestic onshore business, potentially generating after-tax proceeds of $4.5 billion to $7.5 billion for properties it plans to sell as part of an overall corporate repositioning.

    +Housing-market slump dents Lowe's profit
      Home-improvement retailer Lowe’s says its third-quarter profit plunged 30%, hurt by recession-minded consumers who are still holding back on big-ticket purchases.

    +Cisco lifts Tandberg bid to $3.4 billion
      Cisco Systems on Monday increased its bid for Norway's Tandberg to 19 billion Norwegian kroner ($3.4 billion), as the U.S. networks giant seeks to overcome resistance from shareholders of the Norwegian videoconferencing company.

    +Currencies: Dollar slips against major rivals in Asian trading
      The dollar slipped against major rivals in Asian trading Monday, pressured by stepped-up rhetoric from China, better-than-expected Japanese growth data and rising gold futures.

    +Movers &Shakers: Monday's biggest gaining and declining stocks
      Among the shares expected to see active trade in Monday's session are Bristol-Myers Squibb, Cellcom, Citi, FedEx, Iberiabank, Landry’s, Mead Johnson, Nabi Biopharmaceuticals, and TTM Technologies.

    +Europe Markets: European shares higher for fourth straight day
      European shares rose Monday, with miners advancing as dollar weakness boosted metals futures, while deals and broker upgrades lent a hand elsewhere.

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