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U.S. markets news

Federal Reserve Eyes End of Bond Buying, Spooking Markets
In a news conference, Federal Reserve Chairman Ben Bernanke talks about current monetary policy and situations that would lead to a change in those policies.
Bernanke Sees Beginning of End for Fed's Record Easing  Bloomberg
Treasury Yields Touch 15-Month High After Fed: Asian Bonds Slide  Businessweek
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UPDATE 2-China factory activity hits 9-month low, policy action eyed
Thu Jun 20, 2013 12:49am EDT. * PMI at 9-month low as new orders drop to 10-month low. * Adds to markets nerves post Fed decision.
China manufacturing at nine-month low in June  AFP
Survey shows China manufacturing shrinks in June  Businessweek
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Zimmer, You Might Not Like the Way This Looks
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan.
George Zimmer is out at Men's Wearhouse  Los Angeles Times
Men's Wearhouse Fires Founder and Pitchman George Zimmer  Businessweek
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United Airlines to Raise Hurdle for Elite Flier Status
The parent of United Airlines said it would add a minimum annual spending level that passengers will have to meet to qualify for elite frequent-flier status.
Airlines to Cheapskate Road Warriors: Pay Up to Keep Your Elite Status  Businessweek
United hikes fees for changing flights booked with awards miles  Chicago Tribune
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GLOBAL MARKETS-Asia assets hammered on China fears, Fed upset
Thu Jun 20, 2013 1:16am EDT. * MSCI Asia ex-Japan slides 3.5 pct to 9-month low. * U.S. Treasury yields hit 15-mth high, underpin dollar.
Asian stocks tumble on weak China PMI, Fed policy plan  Reuters India
US Stock Futures up as Inflation, House Data Loom  Wall Street Journal
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Banks Blundered on Mortgage Pact
Four large U.S. banks have failed to comply with key elements of a landmark $25 billion mortgage settlement, an independent monitor said Wednesday.
Big banks are violating national mortgage settlement, report says  Washington Post
Banks' Mortgage-Service Fixes Faulted by Settlement Monitor  Bloomberg
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GAO Says Airline Merger Will Reduce Competition
The planned merger between American Airlines and US Airways will reduce competition in a far larger number of airports than earlier airline mergers, including the one that created the nation's current leader, United-Continental, according to a report released ...
US Airways chief warns lawmakers of potential service cuts  Reuters
US Airways-AMR Antitrust OK Said Unlikely by Mid-August  Bloomberg
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US consumer prices edge higher
The cost of living in the US rose slightly in May as higher energy costs were offset by the first drop in food prices in almost four years, signalling inflation remains at bay.
Inflation back up as transport costs fuel a steeper rise in May  CITY A.M.
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Sony pressed for response on spin-off plan at shareholder meet
By Mari Saito. TOKYO | Wed Jun 19, 2013 10:36pm EDT. TOKYO (Reuters) - Sony Corp (6758.T) shareholders pressed its chief executive on Thursday for a response to a proposal by hedge fund Third Point to spin off its profitable entertainment business, ...
Sony Rebuffs New Call to Sell Entertainment Unit  New York Times (blog)
Third Point Boosts Sony Stake as Daniel Loeb Seeks Talks  Bloomberg
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UPDATE 3-FedEx posts higher-than expected profit, will cut more capacity
Wed Jun 19, 2013 3:46pm EDT. By Nivedita Bhattacharjee. June 19 (Reuters) - FedEx Corp reported a higher-than-expected quarterly profit on Wednesday as it cut costs and its U.S.
FedEx Earnings: Hurt by Restructuring Charges  Wall Street Journal
FedEx Sees 2014 Profit Gain Up to 13% Amid Cutting Costs  Bloomberg
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