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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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SEC weighs requiring brokers to identify where trades made: Bloomberg

(Reuters) – The U.S. Securities and Exchange Commission is weighing a proposal that would require brokers to tell investors exactly where their stock trades are executed, Bloomberg reported on Saturday. The proposed requirement would give investors more clarity on whether … Continue reading

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US stock market edges higher as earnings pour in

Major U.S. stock indexes rose in afternoon trading Thursday as investors reacted to quarterly results from a batch of U.S, companies. Google, IBM and insurer UnitedHealth were among the biggest decliners, while General Electric and Morgan Stanley were among the … Continue reading

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US stock market edges higher as earnings pour in

Major U.S. stock indexes rose in afternoon trading Thursday as investors reacted to quarterly results from a batch of U.S, companies. Google, IBM and insurer UnitedHealth were among the biggest decliners, while General Electric and Morgan Stanley were among the … Continue reading

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Wall St edges higher during earnings flurry

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

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