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U.S. markets news

Dow, S&P 500 rise after Fed minutes reassure on rates
NEW YORK (Reuters) - U.S. stocks ended mostly higher on Wednesday, with the S&P 500 just missing a record close, after minutes from the Federal Reserve's July meeting gave investors reason to believe that the central bank is in no rush to raise interest ...
Stocks Close Higher After Fed Minutes Come Out  New York Times
S&P 500 jumps but closes just short of record  USA TODAY
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UPDATE 2-Hewlett-Packard posts surprise revenue gain after PC sales spike
(Adds CEO's comments). By Edwin Chan. SAN FRANCISCO Aug 20 (Reuters) - Hewlett-Packard Co posted a surprise increase in quarterly revenue after sales from its personal computer division climbed 12 percent, but a flat to declining performance from its ...
Hewlett-Packard posts surprise increase in sales  USA TODAY
Hewlett-Packard Reports Revenue Growth  Forbes
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Fed Minutes Show Some Pushing For Rate Hike Sooner Rather Than Later
Federal Reserve Chair Janet Yellen speaking at the International Monetary Fund in July. Then, Yellen said she doesn't see a need for the Fed to start raising interest rates to address the risk that extremely low rates could destabilize the financial system.
Fed more divided on health of labor market  MarketWatch
Fed minutes show debate on rate hike timing  USA TODAY
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Bank of America Set to Pay $17 Billion to End Crisis Probes
Bank of America will pay about $17 billion to settle a range of investigations into its crisis-era mortgage business, the AP and Bloomberg News are reporting, a figure that comes in at the high end of negotiations between the bank and government in recent ...
APNewsBreak: BofA reaches $17B settlement with US  SFGate
BofA in $16.5 billion deal with US over mortgage bonds: source  Reuters
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Icahn reveals stake in Hertz, plans to push management
BOSTON (Reuters) - Billionaire investor Carl Icahn said on Wednesday that he owns an 8.5 percent stake in Hertz Global Holdings Inc and plans to pressure the rental car company's management over accounting issues and operational failures.
Carl Icahn Takes 8.5% Stake in Hertz  Wall Street Journal
Carl Icahn Takes Stake in Hertz to Pressure Its Management  New York Times
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SAFT ON WEALTH-Buffett hoards cash, individuals' holdings hit 14-year low
(James Saft is a Reuters columnist. The opinions expressed are his own). By James Saft. Aug 20 (Reuters) - Individual investors have been cutting back on cash in portfolios, the exact reverse of what Warren Buffett has been doing at Berkshire Hathaway.
Warren Buffett's Firm to Pay $896000 Penalty  ABC News
Warren Buffett's Company Fined by Justice Dept. Over Stock Purchase  New York Times
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Target CEO Charts Comeback Plan With Benefit of Low Expectations
Brian Cornell, a PepsiCo Inc. executive, is Target Corp.'s first outsider chief executive officer. Photographer: Beth Hall/Bloomberg.
Target 'bit off way too much, too soon' in Canada, CFO says  The Globe and Mail
Target Lowers Forecast on Sales Slump, Canadian Losses  Bloomberg
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Libya's largest oil depot begins exports
CAIRO (AP) - Libya's largest export terminal begun loading a tanker Wednesday destined for Italy, its first shipment after a yearlong blockade over disputes between the central government, rebels and protesters, the country's oil corporation said.
Libya's Largest Terminal Resumes Oil Exports  Wall Street Journal (blog)
Libya restarts oil exports from biggest port as fighting rages in Benghazi  swissinfo.ch
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Harwood Feffer LLP Announces Investigation of International Rectifier Corp.
NEW YORK, Aug. 20, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of International Rectifier Corp.
SHAREHOLDER ALERT: Brower Piven Announces The Investigation Of ...  MarketWatch
Infineon cash flow covering International Rectifier integration  Reuters
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Russia Closes Four McDonald's in Moscow
Russia's consumer watchdog said further checks would take place at the restaurants, including Russia's first McDonald's, which opened shortly before the Soviet Union crumbled and became the world's most visited.
UPDATE 3-Russia shuts four McDonald's restaurants amid Ukraine tensions  Reuters
Russia shuts four McDonald's restaurants amid Ukraine tensions  Chicago Tribune
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