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U.S. markets news

Orders for US Durable Goods Increase More Than Forecast
Daniel Acker/Bloomberg. An employee works on the exterior of a wind turbine blade in Newton, Iowa. Orders for U.S. durable goods increased more than forecast in April, pointing to gains in business investment that will help manufacturing rebound in the ...
Durable goods orders rise, point to factory sector resilience  Reuters
European Stocks Pare Retreat as US Durable-Goods Orders Climb  Businessweek
Wall Street Journal   Related articles »  
P&G CEO switch will not lead to big strategy change-CFO
Fri May 24, 2013 8:49am EDT. (Reuters) - Procter & Gamble Co (PG.N) said on Friday the surprise return of A.G. Lafley as chairman and chief executive was not an indication of any bigger problems at the world's largest consumer products maker.
Ackman wins, P&G dumps CEO  CNN
New P&G CEO Lafley to Recieve $2 Million Annual Base Salary - Filing  Wall Street Journal
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Euro Gains as German Ifo Damps Easing Prospects
The euro rose on Friday after a German business sentiment survey beat forecasts, suggesting Europe's largest economy is picking up and lessening prospects of further euro zone monetary easing.
German Mood Brightens  Wall Street Journal
German Ifo Sentiment Rises for First Time Since February  Bloomberg
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Troubled Visa Settlement Takes Another Hit As Retailers File Own Suit
A $7 billion antitrust settlement over credit-card processing fees that critics say would make things worse for retailers suffered another setback today as Target Target, Macy's Macy's and J.C.
Large US retailers sue Visa, MasterCard over card fees  Reuters
More Retailers Challenge Card-Fee Settlement  Wall Street Journal
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Jobless Claims Fall to 340000
WASHINGTON�The number of U.S. workers seeking new unemployment benefits fell last week by more than expected, another sign of slow improvement in the labor market.
US jobless claims drop more than expected last week  Reuters
Ahead of the Bell: US Unemployment Benefits  Businessweek
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Abercrombie & Fitch Drops After Cutting Annual Profit Forecast
Abercrombie & Fitch Co. (ANF) declined in early trading after the teen retailer reduced its annual profit forecast and said comparable-store sales would be lower for the remainder of the year.
UPDATE 1-Abercrombie & Fitch same-store sales crater; stock drops  Reuters
Abercrombie & Fitch 1st-Quarter Loss Narrows, But Results Sharply Miss  Wall Street Journal
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Sears Plunges After $279 Million Quarterly Loss: Chicago Mover
Sears Holdings Corp. (SHLD), the retailer controlled by hedge-fund manager Edward Lampert, plunged as much as 15 percent in early trading after posting a $279 million first-quarter loss.
Sears shares down 15% in premarket trading  Chicago Tribune
Friday's movers: Pandora, Abercrombie  MarketWatch
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Volatile Tokyo instils global equity angst
Friday 12:30 BST. Japanese stocks closed higher, but only after another extremely volatile session leaked uncertainty into global equity markets, which some investors consider vulnerable after many months of strong gains.
Premarket: Stocks to see more losses ahead of long US weekend  Globe and Mail
Nikkei recoups some of Thursday's 7.3 percent dive, bull run seen intact  Reuters
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Officials say UN nuke agency's Iran probe driven by intelligence from US and its ...
VIENNA - The U.N. nuclear agency responsible for probing whether Iran has worked on a nuclear bomb depends on the United States and its allies for most of its intelligence, complicating the agency's efforts to produce findings that can be widely accepted ...
Why Economic Sanctions Rarely Work  Businessweek
South Korea's imports of Iranian crude up 7.5% in April  Tehran Times
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German Consumer Sentiment to Reach 5-Year High in June, GfK Says
German consumer confidence will jump to the highest in more than 5 1/2 years in June as low unemployment and receding inflation encourage households to spend, GfK AG said.
Germany reports sluggish first-quarter growth of 0.1%  BBC News
Private consumption helps Germany to meager growth in Q1  Reuters
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