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Market News Stories

Investors dump stocks, seek safe havens as bank fears flare

Pedestrians are reflected in an electronic board displaying various stock prices at a brokerage in Tokyo, Japan, February 4, 2016. Reuters/Yuya Shino Asian share markets were scorched on Tuesday as stability concerns put a torch to European bank stocks and … Continue reading

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Google CEO Pichai receives stock grant worth about $199 million

Letters spell the word ”Alphabet” as they are seen on a computer screen with a Google search page in this photo illustration taken in Paris, France, August 11, 2015. Reuters/Pascal Rossignol Google Chief Executive Sundar Pichai received restricted stock worth … Continue reading

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Google CEO Pichai receives stock grant

(Reuters) – Google Chief Executive Sundar Pichai received a grant for 273,328 Class C Google stock units, according to a regulatory filing by Google parent company Alphabet Inc (GOOGL.O) (GOOG.O). In addition to the Feb. 3 grant for the class … Continue reading

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Stocks dumped for safe havens as bank fears flare

By Wayne Cole SYDNEY (Reuters) – Asian share markets were scorched on Tuesday as stability concerns put a torch to European bank stocks and sent investors stampeding to only the safest of safe haven assets. As fear overwhelmed greed, yields … Continue reading

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Now it is Tesla’s turn to confront the bears

By Alexandria Sage SAN FRANCISCO (Reuters) – Tesla Motors Inc faces a pivotal moment Wednesday in its fight to convince skeptical investors that it can still win against traditional auto makers in the competition to reshape the auto business. The … Continue reading

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Obama Will Seek to Double Budgets for Wall Street Regulators

President Barack Obama will ask Congress to double funding for the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission over the next five years, bolstering two financial regulators that the White House sees as integral to curbing … Continue reading

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U.S. bank stocks and bonds clobbered by recession worry

By Caroline Valetkevitch and Will Caiger-Smith NEW YORK (Reuters/IFR) – U.S. bank stocks and bonds took a pounding on Monday as recession fears compounded concern about their exposure to the energy sector and expectations that global interest rates are unlikely … Continue reading

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Corporate winners of Obama budget still face long odds

By Lewis Krauskopf NEW YORK (Reuters) – Facing a hostile Congress in an election year, President Barack Obama will be hard-pressed to push through many of the proposals in his final budget as U.S. leader. But that could be a … Continue reading

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Cisco’s quarterly report to offer gauge of technology demand

By Noel Randewich SAN FRANCISCO (Reuters) – Investors spooked by a steep sell-off in enterprise tech stocks will get a fresh glimpse of the health of technology spending on Wednesday when bellwether Cisco Systems Inc posts its quarterly results. The … Continue reading

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U.S. regulators upgrade, expand Fiat Chrysler gearshift probe

By David Shepardson WASHINGTON (Reuters) – The U.S. National Highway Traffic Safety Administration said Monday it is expanding a defect investigation of 856,000 Fiat Chrysler SUVs and cars because the vehicles may roll away after drivers exit, thinking they have … Continue reading

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