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U.S. markets news

Apple CEO Keeps Growth Momentum With Watch Set to Roll Out Next
(Bloomberg) -- Tim Cook's array of new products boosted Apple Inc.'s sales growth last quarter to the highest level in three years, with momentum set to continue as the company rolls out its first smartwatch.
Apple iPhone sales trample expectations as profit sets global record  Reuters
Apple's $18 billion profit: How the company's China strategy paid off  Economic Times
As Fed ends meeting, it's expected to remain 'patient' about raising rates from ...
WASHINGTON - As the Federal Reserve ends its latest policy meeting Wednesday, it is widely expected to repeat the pledge it made in December: That it will be "patient" in raising interest rates from record lows.
FOREX-Dollar inches up, but caution rules before Fed statement  Reuters
Will the Federal Reserve boldly forge ahead today, or 'stall for time'?  The Globe and Mail
Dream Come True for Oil Companies: Obama Expected to Approve Drilling off ...
In a move likely to delight the oil and gas industry and upset environmentalists, the Obama administration plans to open up the Atlantic coast to drilling.
President Obama's Latest Proposals on Oil Drilling Exclude Alaska  West Texas News
Obama proposes offshore drilling in the Atlantic, angering environmentalists  National Monitor
US company outlooks worry investors, sending stocks lower
U.S. stocks slumped Tuesday after some of the market's largest companies reported disappointing earnings, taking investors on a turbulent ride that deepened the losses for the year.
US stocks suffer biggest drop in 3 weeks  MarketWatch
This Stock Should Be Added to the Dow Jones Industrial Average  Motley Fool
Consumer Confidence Reaches Highest Level since August 2007
It has been reported that the consumer confidence rose higher than expected in January to a level highest since August 2007. Market experts said this rise was seen after Americans showed more interest in improving labor market and prospects for higher ...
Consumers are giddy; businesses, not so much  USA TODAY
Index indicates Utah economy thriving  Deseret News
German consumer sentiment to reach 13-year high
FRANKFURT-German consumer confidence is set to strengthen further in February, as low energy prices that allow more scope for other expenditures buoy sentiment, a survey showed Wednesday.
German consumer confidence at 13-year high  Lexington Herald Leader
Burger chain Shake Shack boosts its IPO terms ahead of market debut
Shake Shack has raised the expected pricing for the company's initial public offering by $3 to a new range of $17 to $19 per share, a move that comes two days before the burger chain is expected to list.
Shake Shack Boosts Size of IPO to $95 Million  Bloomberg
Shake Shack raises projected price range for its IPO  Washington Post
Gas prices finally stop falling
The steady four-month decline in gas prices which has saved motorists more than a dollar per gallon has ended, at least for the moment.
After Steadily Falling, Price for Gas Notches an Increase  New York Times
UPDATE 1-CommScope to buy most of TE Connectivity's network business
(Adds details, background). Jan 28 (Reuters) - Telecom equipment maker CommScope Holding Co Inc said it would buy nearly all of Swiss electronics firm TE Connectivity's network gear business for about $3 billion to expand in Europe and Asia.
CommScope to Buy TE Broadband Unit for $3 Billion  Bloomberg
TE Connectivity to Sell Broadband Network Unit to CommScope  Wall Street Journal
American Electric Power Fourth-Quarter Results Fall Short
American Electric Power Co. on Wednesday said its transmission business continued to buoy its revenue in the fourth quarter, but the company's results fell below analysts' expectations.
AEP Reports 2014 Fourth-Quarter and Year-End Earnings; Solid Performance ...  MarketWatch
AEP misses Street 4Q forecasts  CNBC