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U.S. markets news

Round Numbers Slow Down S&P 500 to Shaoul as Barish Sees 5% Drop
Amid a dozen rationales for this week's selloff in stocks, from Argentina to the Federal Reserve and Portugal's banks, Michael Shaoul said something simpler should be considered: the number 2,000.
The S&P 500 Suffers Worst Week in 2 Years
S&P 500 caps worst week since 2012 as crises overshadow data  Worcester Telegram
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Argentine Debt Feud Finds Much Fault, Few Fixes
Argentina is facing down its second default in 13 years and is mulling several legal options. What's the impact on global markets?
The Justice of Argentina's Default  New York Times
UPDATE 5-Argentina debt talks must continue after default: US Judge  Reuters
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Business notes: Automakers enjoy a booming sales month
Big discounts helped U.S. auto sales sizzle in July. Toyota, Ford, Nissan and Chrysler all saw double-digit sales gains. General Motors' sales were up 9 percent compared with last July.
New car, truck sales gain ground  Chattanooga Times Free Press
New car, truck sales up in July  Toledo Blade
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Plans to lay off 1100 West Virginia coal mine workers continue industry's ...
CHARLESTON, W.Va. - The announcement by a major U.S. coal company that it plans to lay off 1,100 coal mine workers has set off a chain reaction of finger pointing in West Virginia.
Alpha says reducing coal stockpiles could prevent layoffs  Beckley Register-Herald
Coal struggle endures with W.Va. mine layoff plans  The Inter-Mountain
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Job growth slows but gains for sixth straight month
WASHINGTON - U.S. employers extended their solid hiring into July by adding 209,000 jobs. It was the sixth straight month of job growth above 200,000, evidence that businesses are gradually shedding caution that marked the 5-year-old recovery.
July brings increase in hiring, job seekers  Alexandria Town Talk
Hiring solid, up again in July  Merced Sun-Star
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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's Nimble But Can't Dodge the Wipeout  Wall Street Journal
GoPro second-quarter selfie shows blemishes - GPRO GRMN  Investor's Business Daily
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Scientific Games to buy Bally in $3.3 billion slot-machine deal
JOHN FITZHUGH/SUN HERALD/FILEGabby Beard of Biloxi wipes down part of the Bally Technologies display at a previous Southern Gaming Summit and BingoWorld convention at the Coast Convention Center in Biloxi.
Harwood Feffer LLP Announces Investigation of Bally Technologies, Inc.  CNNMoney
SHAREHOLDER ALERT: Brower Piven Announces The Investigation Of Bally ...  MarketWatch
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Procter & Gamble will shed brands
EARNINGS. Profit up, P&G to shed brands. Procter & Gamble posted a 38 percent increase in profit Friday, helped by cost cutting.
Procter & Gamble to Streamline Offerings, Dropping Up to 100 Brands  New York Times
Procter & Gamble to Axe 90-100 Brands in its Portfolio  Fox Business
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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.
UPDATE 2-Fiat investors approve Chrysler merger  Reuters
Fiat Says Ciao to Italy, Chrysler Merger Ends Era  Bloomberg
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Watts Water Technologies is Now Oversold (WTS)
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index ...
ArcBest (ARCB) Enters Oversold Territory
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