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U.S. markets news

Alibaba Success May Be Mixed Blessing to Street
It took a conference room full of bankers and executives from Alibaba Group Holdings Ltd. more than nine hours to hash out the final sale of the Internet giant's $25 billion stock offering.
Market looks to avoid hangover after Alibaba euphoria  USA TODAY
Alibaba's Banks Boost IPO Size to Record of $25 Billion  Bloomberg
Fortune   Related articles »  
Draghi Says Risks to Euro-Area Economy Clearly on the Downside
Economic activity in the euro area has slowed and there's a risk of a further downturn, European Central Bank President Mario Draghi said.
ECB's Draghi says ready to use more unconventional tools  Reuters
POLL-ECB's TLTRO take-up in December to be higher, but short of total  Daily Mail
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Big Oil's heirs join call for action as climate summit opens
For 140 years, the Rockefellers were the oil industry's first family, scions of a business empire that spawned companies called Exxon, Mobil, Amoco and Chevron.
Rockefellers, Heirs to an Oil Fortune, Will Divest Charity From Fossil Fuels  New York Times
Philanthropies, including Rockefellers, and investors pledge $50bln fossil ...  Reuters India
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US Existing-Home Sales Fall 1.8% in August
WASHINGTONï¿œU.S. existing-home sales fell for the first time in five months in August, a sign the housing market hit a soft patch after a brisk summer.
Aug. home sales fall 1.8%  USA TODAY
US Existing Home Sales Show Unexpected Drop In August  RTT News
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China Weighs on Markets as Silver Dives Again
Concerns over China's economy and a fresh profit warning by British retailer Tesco kept global stock markets in check Monday, while silver fell further to its lowest level in over four years.
London midday: Miners down after remarks from Chinese finmin, Tesco lower  IFA Magazine
European Markets Lower; Tesco Tumbles  London South East
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Siemens sees no more large oil and gas buys soon
FRANKFURT (Reuters) - Germany's Siemens (SIEGn.DE) does not foresee any further significant acquisitions in oil and gas equipment following its agreement to buy Dresser Rand (DRC.
German giants spend $25 billion to buy U.S. rivals  CNNMoney
VIASYSTEMS (VIAS) SHAREHOLDER ALERT - Andrews & Springer LLC Is ...  MarketWatch
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U.S. Stocks Open Lower
U.S. stocks edged lower Monday, as downbeat signals from China helped push back the Dow Jones Industrial Average from last week's all-time high.
US stocks open lower on weakness in China  Maryville Daily Times
China Growth Fears Weigh On Stock Futures  Investor's Business Daily
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UPDATE 3-Tesco cuts profit outlook again and suspends staff after accounting ...
... * Says overstated H1 profit by estimated 250 mln stg. * Working to establish extent of issues, impact on FY. * Deloitte, Freshfields to undertake review of issues.
Tesco boss Dave Lewis promises 'full and thorough investigation' ...  Telegraph.co.uk
Tesco CEO: 'Full and frank inquiry' into profit overstatement  BBC News
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Merck KGaA to Buy Sigma-Aldrich for $17 Billion to Add Chemicals
Merck KGaA agreed to buy Sigma-Aldrich Corp. for $17 billion in cash to expand in chemicals used in research labs and pharmaceutical manufacturing and reduce its dependence on drug development.
UPDATE 2-Germany's Merck to buy Sigma-Aldrich for $17 bln  Reuters
Germany's Merck to Buy Sigma-Aldrich for $17 Billion  Wall Street Journal
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Clorox exits Venezuela citing govt restrictions
OAKLAND, Calif. (AP) - Clorox is shutting down its operations in Venezuela, citing restrictions by the government, supply disruptions and economic uncertainty.
Clorox Co. (CLX) Has Surged To A 9-Month High After Exiting Venezuela  RTT News
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