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Wayne Ellis

[DirecTV satellite]
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DirecTV combined a growing subscriber base with an increase in subscriber rates to produce sterling Q3 earnings.

[HSBC building]
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At a time when U.S. banking giants like JPMorgan Chase and Bank of America are being held out to dry by regulators and investors alike, Europe’s largest financial institution, HSBC, recorded a 10 percent profit for Q3.

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New manufacturing orders increased for the fourth month in a row in the European Community, according to the October Manufacturing Purchasing Managers’ Index (PMI).

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Following an 85-year old trend, the S&P 500 Index should power 6 percent higher through year’s end, reaching 1,862.79 — which would be a full 20 percent higher than the previous record high.

Vernon Davis, NFL player
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Vernon Davis, the starting tight end for the San Francisco 49ers, is the second National Football League (NFL) player after Adrian Foster of the Houston Texans to sign up for an IPO through Fantex, a sports marketing and management firm. Fantex plans to buy 10 percent of Davis’ future earnings for $4 million and then sell independent investors shares in a tracking stock linked to his economic performance.

[Twitter logo]
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Interest in Twitter, Inc.’s (TWTR} upcoming initial public offering (IPO) is quickly building, with the banks managing the offering claiming to be oversubscribed even before taking orders for shares.