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U.S. markets news

Alibaba Valuation Rises to $168 Billion After Eearnings
Alibaba Group Holding Ltd.'s estimated valuation rose 9.8 percent ahead of a potential initial public offering after China's biggest e-commerce company posted record sales and earnings.
Ousted Yahoo exec gets $58 million golden parachute  CNNMoney
Yahoo's de Castro got $58M for 15 months on job  Pensacola News Journal
CNET   Related articles »  
RPT-UPDATE 1-Europe's car sales upturn fails to halt price war
(Repeats to additional subscribers). By Laurence Frost. PARIS, April 17 (Reuters) - Europe's car sales recovery may be taking hold, according to registrations data published on Thursday, but a confidential industry survey shows the pickup is failing to halt a ...
European car sales recover further in March  MarketWatch
European Car Sales Rise 10% as Replacements Help Renault  Businessweek
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US STOCKS-Wall St gains on Yellen comments and Yahoo; BofA falls
... Stocks. * Yellen reaffirms monetary policy support. * Yahoo rallies after results; BofA falls. * U.S. industrial production rises for second month.
U.S. stocks rise on Yahoo earnings, data; Dow gains 1.00%  NASDAQ
US stocks gain for third-straight day  Sydney Morning Herald
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Google earnings disappoint; analysts ask how much can it continue to grow
Internet users are migrating to mobile devices, but ads on phones and tablets still do not have the familiarity and appeal they do on bigger computers.
Google earnings disappoint as ad prices slip  HeraldNet
Google's Q1 revenue misses Wall St targets
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AmEx Profit Surpasses Estimates as Customer Spending Increases
American Express Co. (AXP:US), the biggest U.S. credit-card issuer by purchases, posted a first-quarter profit that beat analysts' estimates as customer spending climbed.
American Express net income up 12%  Stock Market Wire
Leash on expenses helps AmEx counter muted user spending  Fox Business
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Uninsured Rate Drops More In States That Expanded Medicaid, Run Own ...
News outlets also provide updates on Medicaid expansion efforts and debates in Colorado, Virginia, Missouri, Montana, North Carolina and Indiana.
Uninsured rates lower in states that embraced Obamacare  Washington Times
Obamacare Helped Up to 10 Million Get Insurance, Gallup Finds
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European Stocks Are Little Changed After Yellen's Remarks
European stocks were little changed, with the Stoxx Europe 600 Index heading for a weekly gain, as Federal Reserve Chair Janet Yellen reiterated the central bank will continue to support the economy.
European Stock-Index Futures Little Changed After Yellen Remarks  Businessweek
Europe mixed after Yellen, earnings; Ukraine talks ahead
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Weibo IPO valued at lower-than-expected $3.46bn
Weibo, the Shanghai business described as China's answer to Twitter, will be valued at a lower-than-expected $3.46bn (�2.06bn) when it goes public on the Nasdaq on Thursday, amid concerns about the microblogging service's slowing user growth and ...
Weibo valued at $3.46bn after bottom-end IPO pricing  Irish Independent
Weibo prices IPO at low end of range - report  Telecompaper (subscription)
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Mortgage spats hurt Bank of America
New York - Bank of America swung to a quarterly loss as the second-biggest US lender booked $6 billion (R63.4bn) of costs tied to mortgage disputes.
Bank of America Still a Buy After Earnings Miss  Barron's
Bank of America posts quarterly loss on legal costs  Boston Globe
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SAP Sales, Earnings Miss Estimates Amid Shift to Online Software
A visitor enters an elevator in the lobby at the headquarters of SAP AG in Walldorf, Germany. Photographer: Krisztian Bocsi/Bloomberg.
UPDATE 2-SAP warns exchange rate impact to worsen in Q2  Reuters
SAP reports strong growth in cloud amid slow overall revenue growth  PCWorld
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