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U.S. markets news

Wall Street edges higher during earnings flurry
NEW YORK (Reuters) - Stocks advanced slightly in choppy trading on Thursday after three days of gains, as underwhelming results from tech bellwethers Google and IBM were offset by upbeat quarterly numbers, including those from Morgan Stanley and ...
US Stocks Fluctuate as GE Offsets Google, IBM Miss  Businessweek
Stocks edge lower after Google, IBM earnings  Newsday
SFGate   Related articles »  
Ex-BP worker charged with insider trading
A former BP crisis manager was hit with insider-trading charges Thursday for using confidential information about the magnitude of the 2010 Deepwater Horizon oil-spill disaster to unload his family's $1 million portfolio of company stock.
Ex-BP manager settles Gulf spill insider trading case  CNNMoney
Former BP official charged with insider trading  Telegraph.co.uk
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Chipotle shares chill on lower-than-expected earnings
Shares of Chipotle Mexican Grill cooled Thursday after the casual restaurant chain reported an 8.5% increase in first-quarter profit that missed Wall Street expectations for earnings per share.
This Is Why Chipotle Is Totally Unstoppable  TIME
Chipotle plans first price hike in 3 years  SFGate
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Wal-Mart takes on money transfer companies with new service
(Reuters) - Wal-Mart Stores Inc is launching a money transfer service in a direct challenge to the dominance of Western Union Co. and MoneyGram, aiming to broaden the financial services it offers to low-income customers and increase store traffic.
Wal-Mart Offering Money Transfers Sends Western Union Lower  Bloomberg
Walmart's New Money Transfer Service: Should Banks, Western Union And ...  Forbes
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Jobless claims, factory data put some shine on economy
WASHINGTON (Reuters) - New claims for jobless benefits hovered near their pre-recession levels last week and manufacturing in the Mid-Atlantic region accelerated in April, suggesting an upswing in economic activity after a brutally cold winter.
Jobless claims edge up, but 4-week average falls to prerecession level  Los Angeles Times
Weekly jobless claims rise less than expected  Business Record
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UPDATE 2-Amid frigid winter, Goldman, Morgan Stanley see commodity gains
... slideshows. * Goldman says commodity revenue "significantly higher". * Morgan Stanley says "strong performance" bolstered FICC.
Morgan Stanley Sees Lone Trading Jump as Goldman Drops  Businessweek
US stocks rise on earnings from General Electric, Morgan Stanley  CNBC.com
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Yellen: Stimulus remains needed for job market
Federal Reserve Chair Janet Yellen, center, speaks during a luncheon at the Economic Club of New York on Wednesday. Yellen said that the U.S.
U.S. stocks open lower after earnings reports; Dow Jones down 0.15%  NASDAQ
Yellen: Fed will keep interest rates low even when economy recovers  CNBC.com
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Number of underwater Minnesota homes below national average
The technical name for it is 'negative equity,' but the commonplace term for it among homeowners is 'underwater' or 'upside-down.
Almost 1/3 of Chicago-area homeowners still significantly underwater  Chicago Tribune
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UPDATE 2-Sina Weibo soars in debut, overcoming censorship concerns
(Updates with analyst comment, stock price). By Alexei Oreskovic and Tanya Agrawal. SAN FRANCISCO, April 17 (Reuters) - Shares of Weibo Corp rose as much as 41 percent in their U.S.
In Twitter-Like Leap, Weibo Pops 40% In IPO Debut  Forbes
Weibo shares pop 10% in IPO  CNNMoney
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Average 30-year mortgage rate falls to 4.27%
WASHINGTON (AP) - Average U.S. rates on fixed mortgages fell this week for the second straight week as the spring home-buying season begins.
Freddie Mac: Mortgage Rates Tick Down For Second Straight Week  Mortgageorb
Mortgage Rates Drop To Six-Week Low - Freddie Mac  Barron's (blog)
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