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U.S. markets news

FOREX-Euro battling losses after poor German data
... * Euro under pressure near 8-month low vs dollar. * Upbeat U.S. employment data supports dollar vs yen. * Japan CPI as expected, muted reaction from dollar/yen (Updates after German data, adds new comments, prices).
Euro battling losses after poor German data  Reuters India
German Business Confidence Index Continues to Decline: Euro Falls to 8 month ...  Stixs News
Wall Street Journal   Related articles »  
UPDATE 2-BSkyB to pay $8 billion to create Sky Europe
... * New company will have 20 million customers. * Will pay in cash, debt, placing of new shares. * Murdoch likely to use proceeds to pursue Time Warner (Adds detail, recasts).
BSkyB to Take Over Italian, German Pay TV Networks  ABC News
Murdoch Consolidates European Pay-TV Assets Under BSkyB  Businessweek
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Amazon's Heavy Investing Eats Into Bottom Line, Shares Drop
SAN FRANCISCO -- (AMZN) posted a much larger-than-expected loss in the second quarter as it continues its rapid pace of investment in new businesses such as digital content and consumer electronics.
Amazon Foresees Half-Billion Dollar Loss In Next Three Months  Chinatopix
Amazon posts $126m loss despite bumper revenue increase  Inquirer
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McDonald's Japan stops all sales of chicken produced in China
The fallout from the scandal over food safety at a Chinese supplier to McDonald's and KFC owner Yum Brands Inc spread Friday, as McDonald's Japan said it would stop selling all chicken items produced in China.
In China meat scandal, McDonald's Japan switches to Thai chicken, no ...  Reuters India
McDonald's Japan Calls Foul on Chinese Chicken  Wall Street Journal
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Online real estate giant Zillow in reported $2 billion bid for Trulia
Two of the most popular real estate sites in the nation -- Zillow and Trulia -- may combine in a move that would create an online colossus in a tradition-bound industry disrupted by massive technology change in recent years.
Zillow in Talks to Buy Rival Trulia  Realty Today
Report: Zillow seeking to buy rival website Trulia  Columbus Dispatch
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S&P 500 inches to new high ... but not 2000
The major gauges barely budged Thursday, but it was a big day for buyout rumors. The S&P 500 was only up about one point, but that was enough notch another all-time high.
Stocks End Little Changed; S&P 500 at Record  Wall Street Journal
How the Dow Jones Industrial Average Did Thursday  ABC News
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Walmart US CEO Bill Simon Steps Down: Investors Should Be Concerned
Bill Simon is being replaced by CEO of Walmart China, Greg Foran. This can add to Walmart US' existing problem of lower comparable sales.
Wal-Mart names new CEO of US discount division  Worcester Telegram
Walmart taps Greg Foran to head its US stores  New York Post
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David vs. Goliath: Family feud leads to workers' revolt at supermarket chain
WEST BRIDGEWATER, Mass. -- It's been called a David vs. Goliath story, a "Tale of Two Arthurs" and even the "ultimate Greek tragedy," but the characters in this drama are not Biblical or literary figures.
Strikes and boycotts support an ousted CEO
Let the market decide  Foster's Daily Democrat
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Pocket money squeezed despite recovery, suggests Halifax survey
The economic recovery in the UK has not been felt by youngsters who have seen their pocket money fall in the last year, a survey suggests.
UK GDP rises 0.8%, passes pre-crisis peak  MarketWatch
UK economy recovers output lost to crisis, grows 0.8%  The Globe and Mail
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UBS Said to Sell Notes to Benefit From HK-Shanghai Link
UBS AG (UBSN), the world's largest wealth manager, is marketing structured notes that seek to benefit from price differences between Hong Kong and Shanghai-traded shares of Chinese companies with dual listings when the markets link up later this year, ...
Hong Kong shares finish week at fresh 3-year highs as China markets climb  Reuters
Hong Kong shares end 0.31% higher  GlobalPost
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