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U.S. markets news

Multinationals' Scanty Tax Pay Angers UK
LONDON�The storm brewing over Apple Inc.'s tax practices in the U.S. has already rained down hard in the U.K., where multinationals including Starbucks Corp.
Disarming Senators, Apple Chief Eases Tax Tensions  New York Times
News Summary: Senate panel grills Apple CEO Cook over company tax strategy  Washington Post
San Francisco Chronicle   Related articles »  
Japan posts worst April trade deficit
TOKYO - Japan on Wednesday posted its worst April trade deficit as a weak yen ramped up import costs and helped extend the run of monthly shortfalls to the longest in more than three decades.
Japan Exports Miss Estimates After Yen Slides to 4-Year Low  Bloomberg
Japanese trade deficit sees 70% expansion to $8.6 billion in April  The Japan Daily Press
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Victory for Dimon as JPMorgan Shareholders Reject CEO-Chairman Split
JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon won more investor support this year than in 2012 to remain chairman, surviving a push to divide the roles after the biggest U.S.
Strong Lobbying Helps Dimon Thwart a Shareholder Challenge  New York Times
Dimon clings to JPMorgan chairman title, after fight  Reuters
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Fannie Mae, Freddie Mac 2013 bill sale calendar
Tue May 21, 2013 10:27am EDT. May 21 (Reuters) - The following is a list of scheduled U.S. agency bill sales from Fannie Mae and Freddie Mac for 2013.
Fannie Mae Said to Plan $2 Billion CMBS Offering to Cut Holdings  Bloomberg
Fannie Mae Sees Economic Growth Accelerating in Second-Half of Year  Wall Street Journal
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Prosecutors consider using racketeering law against SAC: source
By Emily Flitter. NEW YORK | Tue May 21, 2013 7:50pm EDT. NEW YORK (Reuters) - Prosecutors are considering charging Steven A. Cohen's SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trading in stocks, according to a ...
Scandal or not, one SAC investor can't get enough of Steve Cohen  Fox Business
SAC Capital Aims to Stem Withdrawal Requests  New York Times
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Home Depot's First-Quarter Earnings Exceed Expectations
Home Depot's first-quarter net income rose 18 percent, with help from the housing recovery, despite a chilly and wet spring. Add to Portfolio.
UPDATE 3-Housing recovery boosts Home Depot results; outlook raised  Reuters
Dow Moves Higher on Fed Remarks, Home Depot Earnings - The Motley Fool  Motley Fool
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Buffett, With His Magic Touch, May Be Irreplaceable - CNBC.com
Acquisitions usually come with a nice premium for the seller. But when Warren E. Buffett is the buyer, there is typically something of a discount.
Wells Fargo overtakes Coke as Buffett's favorite  MarketWatch
Lessons in estate planning from Warren Buffett  Globe and Mail
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Sony Rises on Report Board May Discuss Entertainment Spinoff (2)
Sony Corp. (6758) rose to the highest level in more than two years in Tokyo trading after the Nikkei reported the company's board may discuss spinning off its entertainment division.
Sony: Report Company Leaning Toward Partial Spin-Off Of Entertainment Arm ...  Wall Street Journal
Is Sony un-Japanese enough to entertain change?  Reuters
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Australia Shares Flat Before Bernanke; Miners Up, Financials Down
SYDNEY--The Australian share market is flat in cautious trade as investors wait for U.S. Federal Reserve Chairman Ben Bernanke's testimony to U.S.
In Europe, a Fed President Urges Quantitative Easing  New York Times
Dollar Lower After Two-Day Drop Versus Euro Before Bernanke  Bloomberg
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Raj lawyer wants tapes tossed
Rajat Gupta's conviction on insider trading charges was the absolute correct verdict given the evidence presented at trial - but some of that evidence should be tossed, his lawyer said today.
Ex-Goldman exec seeks retrial in NY  Wall Street Journal
Rajat Gupta seeks re-trial over insider trading case  NDTV
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