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U.S. markets news

Euro on track for worst quarter...ever
The euro is seen clocking up its biggest quarterly decline at the end of March since its launch in 1999�and could fall even further over the coming months.
GRAPHIC-Shanghai shares top performer in hectic first quarter  Reuters
Euro Traders Foresee More Weakness After Record Quarterly Slide  Bloomberg
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It's Normal That UK GDP Is Still Below Pre-Crisis Levels
We've just had the revisions for the latest set of GDP figures for the UK and they show that the UK GDP is rising strongly, at 0.5% (note that UK figures are reported as a quarterly number, while US figures are an annual rate from that quarter) per capita.
U.K. Economy Grows More Than Estimated on Consumers, Exports  Bloomberg
U.K. Revises GDP Upward  Nasdaq
Comcast to Invest $4 Billion in New Company With CFO Angelakis
(Bloomberg) -- Comcast Corp. is creating a new company with Chief Financial Officer Michael J. Angelakis that will focus on investing in and operating growth-oriented companies, both domestically and internationally.
Comcast to form new company with CFO Michael Angelakis  Reuters
Comcast plans to establish a $4.1 billion strategic investment company  Fox Business
Endurance to Buy Reinsurer Montpelier Re
Endurance Specialty Holdings Ltd. agreed to buy Montpelier Re Holdings for $1.83 billion in cash and stock, in a move to expand its reinsurance business.
Endurance Specialty Holdings to Acquire Montpelier Re Holdings  MarketWatch
Endurance Specialty To Buy Montpelier Re Holdings In $1.8 Bln Deal - Quick Facts  Nasdaq
Power outage hits much of Turkey, officials won't rule out terrorism
(CNN) A massive power outage spread across Turkey Tuesday, blacking out a broad swath of the country and affecting some flights. Turkish Prime Minister Ahmet Davutoglu said all possible causes were under investigation, including terrorism.
Turkey Investigates Cause of Worst Power Outages in 15 Years  Bloomberg
Turkey power cut hits big cities  BBC News
China's Telecom Giant Says Profit Soared As Smartphones Gain Greater Appeal
Although Huawei Technologies said its latest results �show strong financial performance across all business groups,� the company's smartphone business is certainly worthy of closer attention.
Huawei 2014 net profit up 32.7%, revenue surges 20.6%  Khaleej Times
Huawei rotates rotating CEO, confirms financials  Total Telecom
Philips sells LED and car business stake to PE groups for $2.8bn
Philips has sold off a majority stake in its LED and car business to private equity investors for $2.8bn as part of the Dutch group's plan to move beyond lightbulbs and focus more on healthcare equipment.
Philips in $2.8bn lighting components deal  BBC News
UPDATE 4-Philips sells 80 pct of lighting components unit for $2.8 bln  Reuters
UPDATE 1-China to bring in bank deposit insurance, step towards liberalisation
(Adds details of scheme, context). BEIJING, March 31 (Reuters) - China will introduce an insurance scheme for bank deposits from May 1, the cabinet said on Tuesday, bringing in a reform seen as crucial for the liberalisation of the banking sector.
China announces plans for deposit insurance in bank reform  SunHerald.com
Last-minute tax moves
The heat is on. With the April 15 deadline less than three weeks away, taxpayers have filed just over half of the 150 million returns expected this year.
Tax tips for last minute filers  Atlanta Journal Constitution (blog)
It's time to buy Warren Buffett's second-favorite stock
Warren Buffett, head of Berkshire Hathaway, sips a Cherry Coke at his company's shareholders meeting. Berkshire has a $16.2 billion stake in Coca-Cola.
Kraft will not be sporting too many holes now  gulfnews.com
York Capital's Dinan says bought more Kraft shares on Heinz deal - CNBC  Reuters