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U.S. markets news

Russia Debt Rating Cut to Step Above Junk at S&P
Russia's sovereign debt rating was cut to the lowest investment grade at Standard & Poor's, which said further downgrades are possible if economic growth deteriorates and the conflict in Ukraine sparks wider sanctions.
Russia Credit Score Cut to Step Above Junk at S&P on Ukraine (1)  Businessweek
S&P cuts Russia's credit rating in the wake of Ukraine crisis  Fox News
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Stocks mostly higher on earnings gains; Apple up
Continue reading below. Stock closed mostly higher, helped by positive earnings at several big companies, including Apple and Caterpillar.
Apple rallies a day after announcing 7-for-1 stock split  Economic Times
Asian stocks mixed on US earnings, goods orders
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GLOBAL MARKETS-Asian shares, dollar struggle on Ukraine anxiety
... * Nikkei edges up but on track for modest weekly loss. * Dollar index slips even as yen drifts off session highs. By Lisa Twaronite.
Dollar under pressure on rising Ukraine tension
GLOBAL MARKETS-Asian shares struggle, dollar slips as Ukraine tensions rise  Reuters Africa
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GM Manages $125 Million Profit Amid Crisis
The recall won't destroy General Motors' balance sheet, and customers are still buying the company's vehicles at a similar pace as before reports of the defect surfaced.
Earnings: General Motors' profit drops; CEO sees no recall hit to sales  Columbus Dispatch
Tom Walsh: Five reasons not to panic about GM (yet)  Detroit Free Press
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CPI in Tokyo rises 2.7% in April after consumption tax hike
Tokyo's consumer prices climbed 2.7 percent in April from a year earlier, the biggest increase in more than 20 years, on rises in a broad range of items following a consumption tax hike on April 1, the government said Friday.
Japan CPI Rises Less Than Expected  Wall Street Journal
Japan Inflation On Tap For Friday  RTT News
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Microsoft's profit dips less than expected
The Nokia Oyj Lumia 1520, left, and Nokia Lumia Icon smartphones at the Microsoft Developers Build Conference in San Francisco. Photo: Bloomberg.
Nadella says Microsoft will go 'boldly into mobile-first, cloud-first ...  MarketWatch (blog)
Microsoft Corp posts $5.66 bn profit, beats Wall Street estimates on new CEO ...  Financial Express
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Durable Goods Sales Rebound for the Second Straight Month in March
The highly-volatile transportation sector often skews these results higher, including in March. Nondefense aircraft orders rose 8.6 percent for the month, boosting overall transportation orders by 4.0 percent.
Treasuries Slip As Durable Goods Orders Climb  Barron's (blog)
Durable-Goods Orders Rise 2.6% -- Update  Wall Street Journal
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Amazon's first quarter revenue up 23 per cent to $19.7 billion
Amazon's chief executive Jeff Bezos.The company's revenue grew 23 per cent to almost $20 million in the first quarter. Photo: Bloomberg.
Amazon first-quarter profits up 18%  Irish Examiner
Amazon Spending Hailed by Investors as Bezos Touts Growth  Bloomberg
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Alibaba founders fund mega charity ahead of IPO
The billionaire co-founder of Alibaba has set up charitable trusts ahead of the company's highly anticipated IPO, a move that could mark the start of a new era of Chinese philanthropy.
Alibaba's Jack Ma Sets Up Philanthropic Trust  Wall Street Journal
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Ronald McDonald Gets Modern Makeover: Are You Lovin' It?
Did Ronald McDonald just go through a big breakup? :::Pause to do a quick Google search and make sure McRib is still being sold--OK, it is, good::: Whatever inspired it, the company's classic clown just totally overhauled his image in full-on revenge breakup ...
Ronald McDonald Gets a New Look  Atlanta Black Star
Ronald McDonald gets a hip new makeover  The Week Magazine
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