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U.S. markets news

Russia Unexpectedly Cuts Key Rate as Economy Eclipses Ruble
(Bloomberg) -- Russia's central bank lowered its main interest rate as concern over a looming recession took precedence over stabilizing the ruble and taming runaway inflation.
Russian banks rush to rescue credit-starved large corporates  Reuters
Russia faces capital outflow catastrophe
Financial Times  
Spain grows at fastest rate in seven years
The Spanish economy is growing faster than at any time since the start of the financial crisis seven years ago, amid signs that the country's recovery is gaining in breadth and feeding through into all parts of the economy.
Spanish Economic Growth Accelerates
Spain Defies Deflation Threat as Economy Expands Most Since 2007  Bloomberg
Intuit will undo unpopular changes in its TurboTax software
Changes in its popular TurboTax software caught many users by surprise. The changes required them to upgrade - and pay more - to use some of the same tax forms this year as last tax season.
Intuit Cries Uncle, Will Reverse TurboTax Deluxe Changes  Forbes
Intuit to Announce Second-Quarter FY '15 Results on Feb. 19  MarketWatch
Northrop optimistic about 2015 as next-generation bomber contract looms
The LRSB contract would be worth up to $55 billion, and Northrop is competing with a mega-team of Lockheed Martin and Boeing for the contract.
Northrop Grumman Corp Predicts Higher Than Expected Profit Estimates For 2015  Maine News Online
Northrop upbeat as bomber award looms  HeraldNet
Apple's Shares Should Continue To Rise
Apple Apple reported blowout December quarter results driven by huge iPhone sales. Management gave March quarter guidance that was in-line with Street expectations and when the stronger dollar is taken into account would have been better than ...
Apple Inc. (AAPL) Posts Most Profitable Quarter In History  ValueWalk
Apple Inc. (NASDAQ:AAPL) a Buy: Timothy Arcuri
Amazon's stock rallies as profit beats forecasts Inc. said its fourth-quarter profit declined less than expected and sales surged 15%, though the e-commerce giant's spending continued to weigh on its bottom line., Inc. (AMZN) Stock Jumps On Q4 Earnings Beat  Bidness ETC
Prime Turns Amazon Profitable Again
Dealing With Recalls, Honda Cuts Profit Forecast for the Year
TOKYO - Facing mounting costs to recall cars containing potentially deadly airbag defects, the Japanese automaker Honda Motor on Friday cut its profit forecast for the year by more than $400 million.
Recall costs prompt Honda profit warning  Financial Times
Honda's Lower Mileage From Yen, Oil  Wall Street Journal (blog)
Newsweek's cover illustration sparks online controversy
Newsweek is under fire for its latest cover, which shows a woman dressed in red standing while a mouse cursor lifts up her skirt. The cover has been stirring a lot of controversy online, but the story "What Silicon Valley Thinks of Women" is not meant to be ...
The Bible proves to be a big seller for Newsweek  CNNMoney
Quinn: Silicon Valley in the gender hot seat again  Silicon Valley
RPT-Despite Glass failings, Google defends 'license' to spend
(Repeats with no changes). By Alexei Oreskovic. SAN FRANCISCO Jan 29 (Reuters) - Google Inc plans to keep making ambitious and costly bets on futuristic products, even if it means shelving some of its most beloved projects.
Google Payments And Commerce Vision
Fourth-quarter revenue of Google misses Wall Street target  Maine News Online
UPDATE 1-Mattel sales fall again as Barbie fails to woo holiday shoppers
(Adds details, CEO comment, background, shares). Jan 30 (Reuters) - Mattel Inc, the maker of Barbie dolls and Fisher-Price preschool toys, reported its fifth straight fall in quarterly sales in North America, a nagging decline that likely cost Brian Stockton his job ...
Mattel vows heightened urgency to improve results  MarketWatch
CompaniesMattel's Barbie sales slump 12 per cent  Financial Times