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U.S. markets news

The S&P 500 Suffers Worst Week in 2 Years
Markets ended the day lower across U.S. indexes�and sectors�Friday�but avoided the kind of steep selloff we saw Thursday. The S&P 500 saw its steepest weekly drop in two years.
Round Numbers Slow Down S&P 500 to Shaoul as Barish Sees 5% Drop  Businessweek
S&P 500 posts biggest weekly decline since 2012  Financial Express
Jerusalem Post   Related articles »  
Argentina's failure to pay bond interest to trigger default insurance settlement
Argentina's economy minister Axel Kicillof. Argentina is the first nation to trigger default swaps since Greece restructured its debt in 2012.
US judge orders new talks on Argentina debt dispute  Channel News Asia
The Justice of Argentina's Default  New York Times
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Berkshire profit soars 41 pct to a record on investment gains
(Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) (BRKb.N) on Friday said second-quarter profit soared 41 percent to a record high, reflecting substantial investment gains and improved results in manufacturing, service and retail businesses.
Berkshire Posts Record Quarterly Profit -- Update 2  NASDAQ
Berkshire Hathaway 2Q profit jumps 41 percent  CNBC
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Dollar weakens on soft U.S. July jobs report - The dollar weakened against most major currencies on Friday after a less-than-stellar U.S. jobs report sent investors selling the currency for profits.
Wall Street deepens stocks slump; dollar, US yields ease  Reuters India
Dollar slips on US jobs report  Channel News Asia
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Procter & Gamble to drop up to 100 brands
Procter & Gamble said that reducing its brands would allow it to concentrate on mainstays like Tide detergent. By Rachel Abrams, NEW YORK TIMES.
Procter & Gamble will shed brands  SFGate
Procter & Gamble to focus on top performers, shed up to 100 brands  Southeast Missourian
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More Rejoin Labor Force; Jobless Rate Up to 6.2%
A recent job fair in Philadelphia. The average monthly gain in payrolls across the country has been above 200,000 for the last six months.
Job market shows new gains, but pace eases  Dallas Morning News
Job growth in July is a sign of progress
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GoPro Reports Wider Loss in First Report After IPO
GoPro Inc. (GPRO:US), in its first earnings release as a public company, reported a wider quarterly loss, helping to send shares down 15 percent.
GoPro CEO Woodman focusing on long-term growth  CNBC
GoPro Inc (NASDAQ:GPRO) First Earnings Report Post IPO Disappoints Investors  US Trade Media
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Harwood Feffer LLP Announces Investigation of Bally Technologies, Inc.
NEW YORK, Aug. 1, 2014 /PRNewswire/ -- Harwood Feffer LLP ( ) is investigating potential claims against the board of directors of Bally Technologies, Inc. ("Bally" or the "Company") (NYSE: BYI) concerning the proposed acquisition of the ...
Bally move makes it one of two industry 'behemoths,' analyst says  VEGAS INC
INVESTOR ALERT -- Bally Technologies, Inc.: The Law Offices of Vincent Wong ...  Wall Street Journal
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UPDATE 6-US auto sales fall short of expectations in July
(Adds analyst comment, final annual sales rate figure, luxury sales, details). By Bernie Woodall, Ben Klayman and Paul Lienert. DETROIT Aug 1 (Reuters) - Ford Motor Co and Toyota Motor Corp posted stronger-than-expected growth in U.S.
Automakers post big July sales amid growing consumer confidence  Los Angeles Times
Auto sales sizzle in July, helped by discounts
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Fiat to leave Italy as Chrysler merger deal is signed
Sarah Stack. Published 02/08/2014|00:00. 0 Comments; Share. Sergio Marchionne. Italy's largest manufacturer Fiat is leaving home after 115 years.
Fiat gets green light for global reorganisation  Economic Times
UPDATE 2-Fiat investors approve Chrysler merger  Reuters
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