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U.S. markets news

US economic growth slows in Q4; corporate profits fall
WASHINGTON, March 27 (Reuters) - U.S. economic growth cooled in the fourth quarter as previously reported and after-tax corporate profits took a hit from a strong dollar, which could undermine future business spending.
GDP: Economy Grows 2.2% in Fourth Quarter, Down From 5% in Third  CNSNews.com
US economic growth slows in Q4  Business Standard
Chron.com  
Why BlackBerry's Surprise Profit Doesn't Make It Ripe for You to Buy
Although the Canadian company started to make money again much sooner than many observers had expected, much of that profitability can be traced to its cost-cutting initiatives.
BlackBerry is 'financially under control': CEO  CNBC
BlackBerry posts quarterly profit  Business Standard
UPDATE 4-Dow Chemical to sell most chlorine assets in $5 bln deal
... * Dow to get $2 bln in cash, $2.2 bln in Olin stock. * Olin to assume $800 mln of pensions and other liabilities. * Dow shareholders will hold about 50.5 pct of Olin.
Dow's Deal Makes for a Cleaner Valuation  Wall Street Journal
Will $5B Sale Of Dow Chemical's Chlorine Business Silence Its Critics?  Forbes
Wall Street flat with Yellen on tap; biotechs climb
NEW YORK (Reuters) - U.S. stocks were flat on Friday, with the S&P 500 on track for its worst week since late January, ahead of a speech by Federal Reserve Chair Janet Yellen that could create a volatile close on Wall Street.
Stocks Rise Ahead of Yellen Speech; Crude Gains 7% for the Week  TheStreet.com
Dollar remains moderately higher after U.S. data, eyes on Yellen  Nasdaq
Bloomberg University of Michigan Post Consumer Sentiment Call
(Bloomberg) -- Following is the transcript from the University of Michigan Post Consumer Sentiment call with Dr. Richard Curtain, University of Michigan.
Harsh weather dents consumer confidence  CBS News
Low gas prices help push consumer optimism to decade high, survey finds  Los Angeles Times
Amazon.com Inc in talks to buy Net-a-Porter, potentially its biggest acquisition ...
Mike Kane/BloombergAmazon CEO Jeff Bezos. The Seattle-based company has long eyed the high-end fashion retail sector and any deal for Net-a-Porter would mean a new commitment in an area where the company lacks a strong presence, Forbes said.
Exclusive: Yoox and Net-a-porter in merger talks again - sources  Reuters UK
Oil Rigs Decline by Smallest Number in 15 Weeks
U.S. oil rigs fell by the smallest number in 15 weeks, a potential sign that America's oil-drilling crash may be tapering. Drillers idled 12 oil rigs (excluding gas rigs), dropping the number to 813, Baker Hughes reported on Friday.
US oil rig count plummets again  Business Insider
INFOGRAPHIC: Steep drop in drilling rigs operating in Ohio  Columbus Business First (blog)
Nebraska unemployment rate drops to lowest in the nation
The Nebraska Department of Labor announced the preliminary unemployment rate for February stood at 2.7%, seasonally adjusted, down two-tenths of a percent from January, down nearly a percent from February of last year.
North Dakota's Jobless Rate Is the Lowest No Longer  Wall Street Journal (blog)
Nebraska tops in the nation for low unemployment  Kotatv
Two Ex-Credit Suisse Bankers Avoid Jail Time in Tax-Evasion Case
WASHINGTON--Two former Credit Suisse AG bankers who pleaded guilty to helping wealthy American evade taxes received no jail time after cooperating in the U.S.
Ex-Credit Suisse bankers spared prison in US tax evasion case  Reuters
Swiss bankers avoid prison, get probation for tax fraud; helped US customers ...  Winnipeg Free Press
Florida Unemployment Down in February
Unemployment in Florida dropped slightly in February according to state data released Friday. Southwest Florida experienced similar reductions in the jobless rate.
Local jobless rate above state average, but below US rate  Mineral Wells Index
Iowa, Des Moines jobless rates fall in February  DesMoinesRegister.com