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U.S. markets news

Round Numbers Slow Down S&P 500 to Shaoul as Barish Sees 5% Drop
Amid a dozen rationales for this week's selloff in stocks, from Argentina to the Federal Reserve and Portugal's banks, Michael Shaoul said something simpler should be considered: the number 2,000.
S&P 500 posts biggest weekly decline since 2012  Financial Express
US stocks fall on data, geopolitical concerns; Dow falls 0.42%  Jerusalem Post
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Plans to lay off 1100 West Virginia coal mine workers continue industry's ...
CHARLESTON, W.Va. - The announcement by a major U.S. coal company that it plans to lay off 1,100 coal mine workers has set off a chain reaction of finger pointing in West Virginia.
1100 Layoffs Planned At Alpha Coal Mines In WV  WCHS-TV8
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Berkshire profit soars 41 pct to a record on investment gains
(Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) (BRKb.N) on Friday said second-quarter profit soared 41 percent to a record high, reflecting substantial investment gains and improved results in manufacturing, service and retail businesses.
Berkshire Posts Record Quarterly Profit -- Update 2  NASDAQ
Berkshire Hathaway 2Q profit jumps 41 percent  Grand Island Independent
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Business as usual in Argentina despite default
BUENOS AIRES: Argentina may have defaulted on its debt for the second time in 12 years on Thursday, but the packed elegant cafes in Buenos Aires show little sign of distress, and shoppers rather than protestors fill the streets.
Argentina's failure to pay bond interest to trigger default insurance ...  Irish Examiner
Argentina blames US mediator for debt default  BBC News
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Dollar weakens on soft U.S. July jobs report - The dollar weakened against most major currencies on Friday after a less-than-stellar U.S. jobs report sent investors selling the currency for profits.
Wall Street deepens stocks slump; dollar, US yields ease  Reuters India
US Dollar Slips Versus Yen, Euro After Jobs Report  Wall Street Journal
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Procter & Gamble to drop up to 100 brands
Procter & Gamble said that reducing its brands would allow it to concentrate on mainstays like Tide detergent. By Rachel Abrams, NEW YORK TIMES.
Procter & Gamble will shed brands  SFGate
Procter & Gamble to focus on top performers, shed up to 100 brands  Southeast Missourian
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Job growth in July is a sign of progress
As national layoffs appear to be slowing, a sign in New York solicits job-seekers at the future site of a clothing store. MARK LENNIHAN / Associated Press.
Job market shows new gains, but pace eases  Dallas Morning News
Economy adds 209000 jobs in July; unemployment rate edges up to 6.2 percent  Washington Post (blog)
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Harwood Feffer LLP Announces Investigation of Bally Technologies, Inc.
NEW YORK, Aug. 1, 2014 /PRNewswire/ -- Harwood Feffer LLP ( ) is investigating potential claims against the board of directors of Bally Technologies, Inc. ("Bally" or the "Company") (NYSE: BYI) concerning the proposed acquisition of the ...
SHAREHOLDER ALERT: Brower Piven Announces The Investigation Of Bally ...  Wall Street Journal
Bally move makes it one of two industry 'behemoths,' analyst says  VEGAS INC
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UPDATE 6-US auto sales fall short of expectations in July
(Adds analyst comment, final annual sales rate figure, luxury sales, details). By Bernie Woodall, Ben Klayman and Paul Lienert. DETROIT Aug 1 (Reuters) - Ford Motor Co and Toyota Motor Corp posted stronger-than-expected growth in U.S.
Auto sales sizzle in July, helped by discounts
Ford posts best July in eight years  WKZO
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Fiat to leave Italy as Chrysler merger deal is signed
Sarah Stack. Published 02/08/2014|00:00. 0 Comments; Share. Sergio Marchionne. Italy's largest manufacturer Fiat is leaving home after 115 years.
UPDATE 2-Fiat investors approve Chrysler merger  Reuters
With vote for Chrysler merger, Fiat looks abroad
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