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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
Economic Times   Related articles »  
Ex-BP manager settles Gulf spill insider trading case
A former BP manager who led clean-up efforts after the massive Gulf of Mexico oil spill in 2010 has settled charges that he traded inside information about the catastrophe.
SEC: BP Employee Illegally Sold Shares After 2010 Spill  Fox Business
Ex-BP Worker Settles SEC Insider Trading Claims on Spill  Bloomberg
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UPDATE 2-Chipotle raising prices as steak, avocados, cheese costs rise
(Adds company comment, details on food costs, byline). By Lisa Baertlein. April 17 (Reuters) - Chipotle Mexican Grill Inc on Thursday said it will increase menu prices for the first time in nearly three years, fueled by all-time high costs for steak as well ...
Chipotle plans first price hike in 3 years
Chipotle to Raise Prices; Profit Climbs on Better Traffic  Wall Street Journal
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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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Wal-Mart Offering Money Transfers Sends Western Union Lower
Wal-Mart Stores Inc. (WMT)'s plan to start a money transfer business sent shares of Western Union Co. and other services lower on the threat of competition from the world's largest retailer.
Walmart's New Money Transfer Service: Should Banks, Western Union And ...  Forbes
Walmart partnership could be worth $100M to Euronet  Kansas City Business Journal
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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.
Goldman, Morgan Join in Citi Smackdown  Wall Street Journal
Gorman Will Seek to Boost Payouts to 100% of Earnings  Bloomberg
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Dollar off lows after upbeat U.S. data - The dollar regained ground against the other main currencies on Thursday after upbeat U.S. data on manufacturing and employment pointed to underlying strength in the economy.
Pound Strengthens to Four-Year High After Yellen; Gilts Decline  Bloomberg
FOREX-Dollar slips on Yellen's dovish stance, pound hits 4-1/2-year high  Reuters
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Almost 1/3 of Chicago-area homeowners still significantly underwater
Despite improving home prices, 31 percent of Chicago-area homeowners with a mortgage were seriously underwater in March, owing at least 25 percent more on their home loans than the property's value, a new report shows.
Home price slowdown leaves millions underwater
Nearly 2M Homeowners "Above Water" on Mortgages  My Champlain Valley FOX44 & ABC22
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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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Freddie Mac: Mortgage Rates Tick Down For Second Straight Week
Fixed mortgage rates ticked down for a second week in a row during the week ending April 17, according to Freddie Mac's Primary Mortgage Market Survey.
US average rate on 30-year home loan 4.27 percent  Washington Post
Mortgage Rates at 6 Week Low  LoanSafe
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