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U.S. markets news

Twitter layoffs expected soon
The plans to cut Twitter's space and staffing are part of an effort to trim what many insiders see as an organization that has grown bloated in the past few years.
Twitter planning layoffs: Report  Times of India
Twitter plans layoffs next week: Report  Hindustan Times
Dell offering EMC US$27.25 per share and special VMware stock
For the deal to go through, analysts have suggested that an offer of at least $30 per share would be needed from Dell. EMC's shares rose 4.3 percent to $27.07 on the New York Stock Exchange.
Top Local Business Stories of the Week
Dell to use VMware to help pay for EMC deal  Herald Current
Dollar gains against euro, franc on risk appetite
While doubts about the pace of recovery in the US have pressured the dollar recently, the prospect of a longer period of lower rates lifted global sentiment this week.
2 Fed officials think data will justify rate hike this year  Kansas City Star
Fed official still looking at 2015 rate hike  Rapid News Network
Leading economies agree plan to fight corporate tax avoidance
LIMA The Group of 20 major economies have endorsed a package of measures to tackle corporate tax avoidance, but questions remain about whether countries will follow through on the plans or leave loopholes multinationals can exploit.
Global tax deal targets profits of multinationals  Irish Times
G20 ministers endorse plan to fight corporate tax avoidance  Fox News Latino
US stocks rally
US stocks traded higher in the morning session, as investors continued to digest the minutes from the US Federal Reserve's September meeting.
USA stocks edge up despite weak Alcoa earnings  Dispatch Times
How the Dow Jones industrial average fared on Friday  Washington Post
Ferrari US IPO to raise as much as $900 mln
NEW YORK: Italian sports car maker Ferrari's U.S. IPO is expected to raise as much as $900 million at the planned price range of $48-$52 per share.
Ferrari to Be Valued at Up to $9.82 Billion in IPO
Ferrari's US IPO to raise as much as $900 million  Dispatch Times
Walmart Names Finance Chief in Executive Shuffle
Walmart on Friday named a new chief financial officer and installed a chief merchant, in the latest shuffling of its management ranks as the retailer grapples with sluggish earnings.
Wal-Mart names worldwide executive Brett Biggs as next chief financial officer  Herald Current
Walmart Announces New Chief Financial Officer  Dispatch Times
GE is in talks to sell its $30 billion loan portfolio to Wells Fargo
General Electric is in advanced talks to sell a specialty finance portfolio, worth more than $30 billion, to Wells Fargo, according to a person familiar with the matter, as the industrial conglomerate returns to its roots.
Traders Sell Shares of Wells Fargo on Strength After Analyst Downgrade  Dispatch Times
Where is Wells Fargo & Company (NYSE:WFC)'s Stock Headed?  Rapid News Network
Commodity surge lifts world equities; dollar falls
NEW YORK Stocks on major world markets posted their biggest weekly advance since 2011 on Friday, as greater investor appetite for riskier assets propelled gains in equities and a surge in commodities and crude oil prices.
Glencore to slash zinc production by more than a third  Irish Times
Copper Climbs to Three-Week High on Glencore Supply Concerns  Wall Street Journal
Netflix raising US price for most popular video plan by $1
FILE - This March 20, 2012 file photo shows Netfilx headquarters in Los Gatos, eapcontent.ap.orgFILE - This March 20, 2012 file photo shows Netfilx headquarters in Los Gatos, Calif.
Netflix raising United States price for most popular video plan by $1  Rapid News Network
These 4 companies can get away with a price hike  CNBC