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U.S. markets news

Shares gain on Yellen comments, reduced bank fears
NEW YORK Stock indexes worldwide rebounded on Wednesday after comments from Federal Reserve Chair Janet Yellen eased concerns about the U.S.
This Is Why the Fed Is Paying Interest to Big Banks  Bloomberg
4 takeaways from Janet Yellen's testimony  CNNMoney
The Daily Progress  
Tesla's 4Q Net Loss Doubles but Shares up on Outlook
Tesla Motors posted its 11th straight quarterly loss Wednesday, and its results badly missed Wall Street's forecasts. But the electric car maker's shares soared anyway on news that its lower-priced Model 3 sedan is on schedule to be released next year.
Tesla's Model X Lags But Big Plans Still On Track  Fortune
Tesla Plans To Rev Up To 90000 Deliveries In 2016, Trampling Any Bears In ...  Forbes
Twitter growth grinds to a halt
SAN FRANCISCO - Twitter fourth-quarter performance in 140 characters or less? Not great. Shares (TWTR) fell nearly 3% in after-hours trading on Wednesday as quarterly results showed once again just how mightily the social media service is struggling ...
Twitter's User Growth Goes Nowhere As It Meets Revenue Expectations Of $710M  TechCrunch
Twitter failed to grow as quickly as investors wanted. In fact, it actually ...  Washington Post
Burger King to launch grilled hot dogs
Burger King is about to become the biggest restaurant seller of hot dogs in the country. The fast food chain is broadening its beef kingdom to include two different kinds of grilled hot dogs permanently hitting the menu at its roughly 7,100 U.S ...
Burger King's Next Conquest: Hot Dog King  ABC News
UPDATE 1-Burger King to add hot dogs to permanent menu in US  Reuters
Peninsula stores spared in latest round of Sears, Kmart closings
Sears says it will begin closing a handful of Kmart stores across the country this week. Sears says it will begin closing a handful of Kmart stores across the country this week.
Sears to close 2 more Michigan stores  MLive.com
Stock Analyst: Sears Is No Longer 'Viable As A Retailer'  The Consumerist
Cisco: Massive Dividend Hike Was Needed
After the bell on Wednesday, Cisco Systems (NASDAQ:CSCO) announced its fiscal second quarter results. While the overall results and guidance were mostly as expected, the big news came in regards to the company's capital return program.
Cisco Forecast Shows Spending Holding Up, Easing Concerns  Bloomberg
Cisco beats profit estimates, adds $15 billion to buyback  Reuters
Mylan to buy Swedish drugmaker Meda in $7.2 billion deal
Generic drugmaker Mylan NV (MYL.O) said it would buy Meda AB (MEDAa.ST) in a $7.2 billion cash-and-stock deal in its third attempt to buy the Swedish company.
Statement by the Board of Directors of Meda in relation to the public offer ...  Business Wire (press release)
Mylan (MYL) Enters Agreement to Acquire Meda in ~$9.9B Deal  StreetInsider.com
HBO Now Has 800000 Paid Streaming Subscribers, Time Warner Says
HBO's stand-alone video streaming service has attracted about 800,000 paying subscribers since starting last April, the premium cable network said Wednesday, the first time it has disclosed numbers for the service.
HBO Now slow to catch on with 'cord-cutters'  CNET
HBO Now Has 800000 Paying Subscribers Since April Launch  ABC News
Cisco, Amazon shares rally on buybacks
SAN FRANCISCO - Amazon and Cisco both saw their shares rise in after-hours trading Wednesday after the companies announced share buyback schemes.
Amazon Brings in Corning CEO to Board, Will Let International Business Chief ...  Wall Street Journal (blog)
Amazon board approves $5 billion stock buyback program  GeekWire
Zynga pins hopes on ad revenue potential and high-end Dawn of Titans strategy game
Zynga beat Wall Street's estimates for bookings for its fourth quarter, and it also announced 10 games that will launch in 2016.
'FarmVille' creator Zynga forecasts lower-than-expected bookings  Reuters
Company Update (NASDAQ:ZNGA): Zynga Inc Announces Fourth Quarter and 2015 ...  Smarter Analyst