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U.S. markets news

Google Revenue Jumps, but Misses Forecasts
Google has been on a buying binge that has had little to do with its core business of Internet search and advertising. Credit Jim Wilson/The New York Times.
Google first-quarter revenue misses Wall Street targets  Reuters
Google shares drop on worries over advertising income  BBC News
Fox Business   Related articles »  
Profit and Revenue Slip at IBM
Virginia M. Rometty, chief executive of IBM. Over the years, the company has sold off its personal computer and storage disk-drive divisions, as well as its industry-standard server business.
IBM Sales Fall for 8th Quarter, Pressuring Rometty's Goal (1)  Businessweek
IBM Shares Dip As It Meets Q1 Earnings Expectations But Revenues Continue ...  Forbes
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Bank of America Posts Loss on Litigation Charges
Bank of America (BAC) swung to a loss in the first quarter, as a $6 billion litigation charge weighed on the bank's earnings. The company said Wednesday it booked a loss of $276 million, or five cents a share, versus a year-ago profit of $1.48 billion, or 10 ...
Bank of America's Earnings Cup Springs a Leak  Wall Street Journal
Bank of America loss isn't just a mortgage story  MarketWatch
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Weak US prices, not inflation, the threat now: Fed's Yellen
NEW YORK (Reuters) - Persistently low inflation poses a more immediate threat to the U.S. economy than rising prices, Federal Reserve Chair Janet Yellen said on Wednesday, stressing that the U.S.
Dovish Sign? Janet Yellen Says Nothing About Asset Bubbles  Businessweek
Dollar Holds Gains Against Yen  Wall Street Journal
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NAHB: Housing Starts Up Nearly Three Percent in March
Led by a six percent rise in single-family starts, nationwide housing production rose 2.8 percent above an upwardly revised February rate of 920,000 to a seasonally adjusted annual rate of 946,000 units in March, according to newly released figures from the ...
US Housing Starts Climb 2.8%--Update  Wall Street Journal
US home building up in March after frigid winter  The Augusta Chronicle
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Economy Thawing Out, Fed 'Beige Book' Finds
Economic activity in most of the country rebounded in recent weeks from weather-related slowdowns earlier this year, according to the Federal Reserve's survey of regional economic conditions released Wednesday.
US economic activity increased in most regions -Fed  Reuters
Fed Saw Continued Growth Across US as Harsh Weather Abated  Businessweek
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Yahoo shares jump as Alibaba's revenue surges ahead of IPO
Yahoo Inc's shares rose as much as 9 per cent in heavy trading on Wednesday, a day after Chinese internet company Alibaba Group Holding Ltd, in which it holds a 24 per cent stake, reported a surge in quarterly revenue.
Yahoo! Up 7%: Alibaba Upside in Focus; Street Likes Search, Display Trends  Barron's (blog)
US STOCKS-Futures gain after Chinese data, Yahoo up on Alibaba  Reuters
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perils of the chief who stays too long
To the news that General Electric's board of directors has been meeting in solemn conclave to debate whether its chief executives should serve a 20-year term, the natural response is: which egomaniac came up with that idea?
How long is too long to be CEO?  Washington Post (blog)
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China's Slowdown Likely to Spur Stimulus, Not Reforms
BEIJING�China's slowdown in growth, widely expected to continue through the second quarter at least, will boost pressure on Beijing to dial up stimulus measures and dial back structural reforms, economists said.
China fears it could miss targets as GDP increases at slowest rate for 18 months  The Guardian
China's economic growth slows to 18-month low  TODAYonline
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NY Attorney General Sends Subpoenas to High-Speed Firms
WASHINGTON�New York Attorney General Eric Schneiderman's office sent its first wave of subpoenas to about a half-dozen high-frequency trading firms in an investigation into whether some rapid-fire firms have an unfair advantage over other trading ...
NY AG subpoenas high-frequency traders: Report
NY Attorney General Sends Subpoenas To High Frequency Traders  ValueWalk
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