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Eagle Eye Opener

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Investors should take note of today’s midday playoff baseball game between the Washington Nationals and the defending World Champion St. Louis Cardinals that likely will feature a number of players from both teams donning eyewear from Luxottica (LUX), whose brands include Ray Bans, Oakley, LensCrafters and Sunglass Hut.

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Investors in Wal-Mart Stores Inc (WMT) and American Express Co (AXP) should be encouraged by a new alliance that the companies formed to offer a prepaid debit card called Bluebird to lower-income shoppers — giving both companies entry into a highly desired new market — and a whole new line of profitability.

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The World Bank announced today that it reduced its growth forecasts for developing countries in East Asia to 7.2% for the year (excluding Japan and India) — its lowest growth rate in 11 years and down from 8.3% in 2011 and 7.6% in May. Part of the slowdown is due to manufacturing, which contracted in September from Europe to China as the euro area’s fiscal crisis hurt investor confidence and dimmed global growth prospects.