Intel Corp. cuts revenue forecast

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Source: Marketwatch

Intel Corp. cut its growth perspective citing the shortage of the hard disks supply that impacted the whole PC industry. Intel announced it projects sales to amount $13.7 billion as compared to $14.7 billion previously expected. The share price of the company lost over 4% in the morning trades.

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Mon, 12 Dec 2011 19:27:21 GMT

Gold declines below USD 1,700

Gold futures rapidly fell to six-week low declining below psychologically-significant level of USD 1,700 an ounce. The commodity price was mainly impacted by stronger greenback and concerns over the euro-zone's debt crisis. On the Comex division of the New York Mercantile Exchange, gold futures for delivery in February were traded at USD 1,663.75 a troy ounce at the morning US trade, losing 3% since opening.

Mon, 12 Dec 2011 16:21:59 GMT

Switzerland's employment increases in Q3

The level of employment in Switzerland increased more than expected in Q3, according to official data. The number of the people employed people increased to 4.05 million on a seasonally adjusted basis in Q3 as compared to 4.02 employed in previous quarter. Experts predicted the employment to achieve 4.04 million in Q3.

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