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Stock Market News Stories

US stocks edge lower after a six-day rise

NEW YORK (AP) — The stock market slipped Wednesday, after rising for six straight days, as investors worked through another round of quarterly earnings reports from U.S. companies. Intuitive Surgical was among those announcing disappointed results. A worse-than-expected report on … Continue reading

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Gannett 1Q net profit falls 43 pct

MCLEAN, Va. (AP) — Gannett Co. said Wednesday that its first-quarter net profit dropped 43 percent, pulled down by restructuring costs, but its adjusted profit managed to beat Wall Street predictions by a penny. The media company, which publishes USA … Continue reading

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China, US data keep a lid on global stocks

LONDON (AP) — Lackluster economic data out of China and the U.S. offset a string of positive developments in Europe to keep a lid on global stock markets on Wednesday following a strong run, particularly on Wall Street. A day … Continue reading

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London close: FTSE ends slightly lower ahead of US earnings

LONDON (ShareCast) – – FTSE closes down 7.02 points at 6,674.74- Focus turns to Apple (NasdaqGS: AAPL – news) and Facebook (NasdaqGS: FB – news) earnings- UK public sector net borrowing falls techMARK 2,742.15 +0.13%FTSE 100 6,674.74 -0.11%FTSE 250 15,989.64 … Continue reading

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Chipmaker Skyworks forecasts upbeat quarter; shares up 12 pecrent

By Aurindom Mukherjee (Reuters) – Chipmaker Skyworks Solutions Inc’s second-quarter results and current-quarter forecast beat Wall Street estimates, helped by strong sales of chips used to connect machines to the Internet. Shares of the company, whose radio frequency analog chips … Continue reading

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Asia shares edge ahead, cautious before China data

By Wayne Cole SYDNEY (Reuters) – Asian shares crept higher on Wednesday following merger-driven gains in Europe and on Wall Street, though investors were wary in case coming figures on Chinese manufacturing again disappointed. Japan’s Nikkei put on 0.9 percent … Continue reading

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Become A Hiring Trailblazer

View photo . Become A Hiring Trailblazer Credit: Wikipedia Commons In 2010, renowned financial author Michael Lewis released The Big Short, a book about the massive crash on Wall Street in 2008. In the book, Lewis focused on some people who … Continue reading

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China is a driver, not a drag, for U.S. earnings in first qtr

By Lewis Krauskopf NEW YORK (Reuters) – Economic growth may be slowing in China, and fears of a credit crunch there may be rife, but the world’s second-largest economy was a driving force for U.S. company profits in the last … Continue reading

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Comcast’s profit rises; company adds video subscribers

By Liana B. Baker (Reuters) – Comcast Corp , the largest U.S. cable operator, posted higher first-quarter revenue and net income on Tuesday showing it could add video subscribers for two quarters in a row, a rare sight in the … Continue reading

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Harley-Davidson 1Q earnings roar ahead

MILWAUKEE (AP) — Shares of Harley-Davidson jumped almost 7 percent in premarket trading after the company reported first-quarter earnings that were 18.7 percent higher than a year ago. The Milwaukee company said motorcycle sales grew 5.8 percent worldwide and efficiency … Continue reading

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