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Gold inches up as Ukraine tensions stoke safe-haven buying

SINGAPORE (Reuters) – Gold edged higher on Monday as heightened tensions in Ukraine sparked some safe-haven buying, but fund outflows and weak physical demand continued to cloud the metal’s outlook. FUNDAMENTALS Spot gold had gained 0.5 percent to $1,300.21 an … Continue reading

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Banking stocks gain on bond rally, earnings hopes

Reuters Market Eye – Lenders gain for a second consecutive day with the Bank Nifty up 0.6 percent after its 1.8 percent gain on Friday. A rally in bonds after the RBI fully sold the 200 billion rupees ($3.31 billion) … Continue reading

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Mobile payment startup Square plans sale as losses widen

(Reuters) – Square Inc has been in talks with several rivals for a possible sale as the mobile payments startup looks to stem widening losses and dwindling cash, the Wall Street Journal reported, citing people familiar with the matter. The … Continue reading

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Apple, Google vie to offer exclusive game apps

(Reuters) – Apple Inc and Google Inc are wooing game developers to ensure that top game titles arrive first on devices powered by their respective operating system, the Wall Street Journal reported, citing people familiar with the matter. Both the … Continue reading

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Tech stocks slump after Google, IBM disappoint

Stocks are drifting lower on Wall Street in midday trading, led by a decline in the technology sector after Google and IBM reported disappointing earnings. UnitedHealth Group also fell in early trading Thursday after its results also fell short of … Continue reading

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Financials nudge FTSE to one-week closing high as U.S. earnings reassure

By Tricia Wright LONDON (Reuters) – Britain’s top shares rose to a one-week closing high on Thursday after upbeat U.S. results from Morgan Stanley and Goldman Sachs drove up financials and allayed investor concerns about the current earnings season. Morgan … Continue reading

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Stocks edge lower after Google, IBM earnings

Stocks edged lower in midday trading on Thursday as investors digested a crop of mixed company earnings. Among the stocks weighing down the market were Google, IBM and insurers UnitedHealth and WellPoint. The decline came after three days of broad … Continue reading

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GE 1Q earnings fall, outlook strong

NEW YORK (AP) — General Electric’s new focus on oil and gas equipment helped the company to post strong first-quarter results. GE posted lower overall first-quarter net income than a year ago, but that’s only due to the sale of … Continue reading

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Wall St little changed amid earnings flurry

By Rodrigo Campos NEW YORK (Reuters) – U.S. stocks were little changed in choppy trading on Thursday following three days of gains, as underwhelming results from tech giants Google and IBM were offset by upbeat quarterly numbers including those from … Continue reading

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Google still a top pick for Wall St, despite mobile ad challenges

By Saqib Iqbal Ahmed (Reuters) – Google Inc’s disappointing first-quarter results left Wall Street unfazed about the internet giant’s ability to come to grips with the shift to the fast-growing mobile advertising market. Google shares were down about 3 percent … Continue reading

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