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U.S. markets news

Euro steadies at 11-month low as dollar reigns
LONDON (Reuters) - Some reassuring data from Germany eased pressure on the euro on Thursday after speculation of an earlier rate rise from the Federal Reserve had pushed the dollar to an 11-month high.
Manufacturing Slows From Europe to China on Trade Risks: Economy  Bloomberg
Euro-Zone Business Growth Slows in August  Wall Street Journal
Reuters India   Related articles »  
US stocks: Futures up as S&P 500 nears a record
MADRID (MarketWatch) - U.S. stock futures moved north on Thursday, as neither downbeat Chinese data nor a perceived hawkish set of Federal Reserve minutes swayed upbeat sentiment.
GRAPHIC-Italian, Spanish debt may shrug off any Fed rate hike  Reuters
New Fed Exit Strategy Emerges and Foreign Banks Big Winners  Wall Street Journal (blog)
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Bank of America agrees to nearly $17B settlement
Bank of America has agreed to pay nearly $17 billion to settle federal and state allegations it sold risky, mortgage-backed securities to investors before the national financial crisis, a person familiar with the matter said Wednesday.
Bank of America Expected to Settle Huge Mortgage Case for $16.65 Billion  New York Times
Why Bank of America deal might not cost it $17B  CNBC
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2 Connecticut UPS Stores Hit By Nationwide Data Breach
United Parcel Service has announced a computer data breach that affected 51 of its stores in 24 states. The UPS stores in Manchester and Avon were among those affected.
UPS Latest Payments Data Breach Victim  PYMNTS.com
Two Connecticut Locations Hit In UPS Data Breach  Hartford Courant
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Sears 2Q Loss Widens on Sluggish Sales
Sears said Thursday that its second-quarter loss widened as it continues to deal with weak sales. The retailer - which runs Sears and Kmart stores - lost $573 million, or $5.39 per share, for the period ended Aug. 2. That compares with a loss of $194 million, ...
Sears Posts Large Loss as Revenue, Margins Decline  Wall Street Journal
Sears Loss Widens as Seven-Year Revenue Decline Continues  Bloomberg
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US investors look to Jackson Hole, Yellen's speech
U.S. stock index futures indicated a higher open on Thursday, as the closely-watched Jackson Hole symposium of central bankers gets underway.
Dramas to match scenery at Jackson Hole  Financial Times
Mix of data ahead of Jackson Hole  NASDAQ
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Russia shuts McDonald's flagship restaurant
mcdonalds russia moscow Russia's first McDonald's drew in thousands when it first opened on Pushkin Square, Moscow, in early 1990.
Russian Consumer Watchdog Inspects McDonald's in 18 Regions Over ...  RIA Novosti
McDonald's faces risk of mass shutdown in Russia as checks spread  Fortune
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Twinkies May Last Forever, But Not the Bakery of Their Birth
To many Americans who grew up with Twinkies, this is hallowed ground. Almost 85 years after it started making those yellow creme-filled sponge cake snacks, the Schiller Park, Ill.
Twinkie bakery to close, putting 400 out of work  WKBT La Crosse
Hostess Twinkie plant in Schiller Park closes after 84 years  Chicago Tribune
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Target sees signs of progress, but cuts outlook for year [Star Tribune ...
Executives sounded upbeat about a strong start to the back-to-school shopping season Wednesday as they discussed the retailer's latest quarterly results.
Target cuts annual profit outlook as retailer continues to reel from breach  The Republic
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Dollar Tree's sales top estimates, profit dips
Dollar Tree Inc., which became mired in a bidding war for rival Family Dollar Stores Inc. earlier this week, reported its fiscal second-quarter sales exceeded expectations, but its profit declined as margins slipped.
Dollar Tree posts 2Q profit  Washington Post
Dollar Tree punts on Family Dollar bidding war  Fortune
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