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U.S. markets news

Alibaba Valuation Rises to $168 Billion After Eearnings
Alibaba Group Holding Ltd.'s estimated valuation rose 9.8 percent ahead of a potential initial public offering after China's biggest e-commerce company posted record sales and earnings.
It's official: Yahoo's former No. 2 made a lot more than his boss  NDTV
Ousted Yahoo exec gets $58 million golden parachute  CNNMoney
Economic Times   Related articles »  
European Car Sales Rise Sevent Straight Month on Renault
Registrations in March jumped 10 percent to 1.49 million vehicles, the Brussels-based European Automobile Manufacturer's Association, or ACEA, said today.
European Car Sales Rise 10% as Replacements Help Renault  Businessweek
European Car Sales Strengthen on Manufacturer Incentives  New York Times
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FOREX-Dollar hurt by Yellen's low rate stance, pound at 4-1/2 yr high
(Recasts, adds fresh quotes, changes DATELINE). * Sterling strong near 4-1/2 year high vs dollar. * Trading activity winding down ahead of Easter holidays.
European Shares Take Pause From Rally on Fed Comments  Wall Street Journal
Low inflation is major risk in US economy - Yellen
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Stocks gain for 3rd consecutive day
Investors drove stock prices to their highest level in a week Wednesday, encouraged by a crop of corporate earnings and reassuring U.S.
US Stocks Close Higher for Third Day in a Row  ABC News
US STOCKS-Wall St gains on Yellen comments and Yahoo; BofA falls  Reuters
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Google earnings disappoint; analysts ask how much can it continue to grow
Internet users are migrating to mobile devices, but ads on phones and tablets still do not have the familiarity and appeal they do on bigger computers.
The GOOG Disappoints Analysts (Again)
Google earnings disappoint as ad prices slip  HeraldNet
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Uninsured rate drops more in states that expanded Medicaid, run own exchanges
News outlets also provide updates on Medicaid expansion efforts and debates in Colorado, Virginia, Missouri, Montana, North Carolina and Indiana.
Obamacare Helped Up to 10 Million Get Insurance, Gallup Finds
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AmEx Profit Surpasses Estimates as Customer Spending Increases
American Express Co. (AXP:US), the biggest U.S. credit-card issuer by purchases, posted a first-quarter profit that beat analysts' estimates as customer spending climbed.
American Express net income up 12%  Stock Market Wire
UPDATE 2-Leash on expenses helps AmEx counter muted user spending  Reuters
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Mortgage spats hurt Bank of America
New York - Bank of America swung to a quarterly loss as the second-biggest US lender booked $6 billion (R63.4bn) of costs tied to mortgage disputes.
Bank of America posts quarterly loss on legal costs  Boston Globe
Legal costs hit Bank of America's bottom line  CNNMoney
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Sina Weibo sees shares priced below expectations in US IPO
Billed as China's Twitter service, Sina Weibo has sold fewer shares than expected in its US-based IPO, with the share price leaving much to be desired.
Sina Weibo to be listed in Nasdaq  ecns
Weibo Woes Ahead Of Nasdaq Flotation  Sky News
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UPDATE 2-SAP warns exchange rate impact to worsen in Q2
... * Sees Q2 forex hit of 8 pct points on operating profit. * FY profit hit would be 5 pct points at March forex rates. * Q1 operating profit 919 mln euros, below poll of 961 mln.
SAP Earnings Miss Estimates Amid Shift to Online Software (2)  Businessweek
SAP Q1 Profit Rises; Reiterates Full-year Outlook  RTT News
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