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U.S. markets news

Brexit: A messy divorce between two Britains
Londoner one to me this morning: "It feels like we've gone to war and the whole world has gone mad." Londoner two to me this morning: "There are too many stupid people here, that's why we had to have Brexit.
Brexit: The Nationalist-Populist Rebellions Continue  Breitbart News
EUROPEAN COMMISSION PRESIDENT: This is not the beginning of the end of the EU  Business Insider
New York Times  
15 US stocks get absolutely crushed by 'Brexit'
The United Kingdom's decision to pull out of the European Union is sending global markets sharply lower. But the pain is being felt hardest by a handful of companies most exposed to the decision.
Shares of BorgWarner Inc. Drop 10% After Brexit Vote  Motley Fool
BorgWarner Inc. (NYSE:BWA) Median EPS Target At $0.9  Enterprise Leader
What investment managers are saying about 'Brexit'
To star Los Angeles investor Jeffrey Gundlach, bull markets and bear markets aren't about how much stocks have climbed or fallen, but about teamwork - whether players in the economy are working together.
Gundlach: Calm Down, Avoid Stocks, Buy Gold and Bonds  Newsmax
Gundlach: DoubleLine sold its European equities late Thursday  Reuters
Energy Transfer Cleared to Walk Away From Williams Takeover
Billionaire Kelcy Warren just won a huge hand in the biggest M&A poker game he's ever played in the U.S. oil patch. Eighteen months after Warren's Energy Transfer Equity LP began talks to acquire rival pipeline giant Williams Cos.
Court says ETE can walk away from $20 bln Williams takeover  Reuters
Court Sinks Pipeline Deal -- WSJ  Nasdaq
US Stocks Plummet 500 Points on Brexit
And that's a good sign. Brexit is landing a body blow to the Dow and the S&P today. And investors should feel pretty good about it.
Wall St. Plunges At The Open After Shock Brexit Vote  Huffington Post
Wall St. slides as Brexit takes investors by surprise  Yahoo News
SEC Accuses 'Frack Master' of Defrauding Investors
The Securities and Exchange Commission on Friday accused Chris Faulkner, referred to as the “Frack Master” in his online profile, of defrauding investors in his oil-and-gas company out of $80 million.
Breitling's 'Frack Master' bilked investors out of $80 million ...  Fort Worth Star Telegram
SEC: Texas CEO used funds on strip clubs, private jets  Washington Times
S&P 500 Weekly Update: One Word: 'Brexit'. The Apocalyptic Views Are ...
Technical support levels will now be tested and provide the clues to navigate this market now. Avoid becoming your own worst enemy, lose the emotion.
Brexit vote sends shock waves around the world  New York Post
Brexit Backlash: Dow Closes Down More Than 600 Points  NBCNews.com
Illinois insurance co-op sues feds over health law payments
CHICAGO -- A struggling Illinois health insurance co-op is suing the federal government, claiming it is being shortchanged $72.8 million in promised payments under the Affordable Care Act.
Will House Republican Health Proposal and Trustees' Report Make Medicare ...  Wall Street Journal (blog)
Finish Line Sees Sales Picking Up -- WSJ
Finish Line Inc. on Friday became the latest retailer to cite a challenging retail landscape for sharply lower quarterly earnings.
Finish Line shares soar after results impress investors  Indianapolis Business Journal
Why Finish Line Inc (FINL) Stock Is Soaring Today  Investorplace.com
Durable-goods orders sink across the board in May
An earlier version of this story gave an incorrect figure for the previous government estimate for April durable-goods orders. The story has been corrected.
Now This: May Durable Goods Much Weaker than Expected  Barron's (blog)
Durable Goods New Orders Down 2.2% in May  Modern Distribution Management