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30Apr/130

Tim Hortons investor agitates for buybacks, new strategy

NEW YORK - Canadian coffee-and-doughnut chain Tim Hortons Inc is under pressure from one of its top investors to boost profitability through moves like buying back shares with borrowed money or paring back in the United States, according to documents seen by Reuters and two sources familiar with the matter on Tuesday.

reuters.com

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30Apr/130

Speed traders eyed after Twitter hack attack: regulator

WASHINGTON - The phony tweet from the Associated Press' hacked Twitter account, which sparked a short-lived panic in the stock market a week ago by saying that President Barack Obama was injured in two explosions at the White House, underscored the need to look at regulating automated trading, the top U.S. derivatives regulator said on Tuesday.

reuters.com

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30Apr/130

Court rules in favor of NYSE, Nasdaq in NetCoalition case

NEW YORK - A U.S. appeals court on Tuesday dismissed complaints filed by Google , Yahoo! and other Internet companies that sought to reduce the fees the New York Stock Exchange and Nasdaq Stock Market charge for market data, saying the Dodd-Frank bill stripped it of jurisdiction in the case.

reuters.com

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30Apr/130

Avon first-quarter revenue flat, excluding currency impact

- Avon Products Inc on Tuesday said first-quarter revenue fell 3.5 percent to $2.48 billion because of currency fluctuations, and the beauty products company reported a net loss of $13.7 million, or 3 cents per share, compared with net income of $26.5 million, or 6 cents per share a year earlier.

reuters.com

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30Apr/130

College is free!

Two things about higher education have become clear. First, your children need it more than ever to stay competitive -- and so might you, if you need to upgrade for a fast-changing job market. Second, the model colleges use to deliver that education is broken. Rising tuition, high student debt, and stingier funding for public colleges are making it more difficult for families to keep up.

CNNMoney.com

30Apr/130

Japan’s Dreamliner operators estimate grounding costs at $110 million

TOKYO - ANA Holdings and Japan Airlines Co Ltd , which together operate nearly half the world's fleet of Boeing Co Dreamliners, estimate the jet's three-month grounding will shave a combined $110 million of operating profit, an expense they may ask the American aircraft maker to shoulder.

reuters.com

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29Apr/130

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