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Date:Wednesday, April 16, 2014Time:18:38:35
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Bank of America Swings to Quarterly Loss on Legal Costs - New York Times    4/16/2014 6:25:02 PM

New York Times

Bank of America Swings to Quarterly Loss on Legal Costs
New York Times
Bank of America continues to grapple with legal expenses nearly six years after the financial crisis Justin Sullivan/Getty ImagesBank of America continues to grapple with legal expenses nearly six years after the financial crisis. Updated, 8:50 a.m. |. Bank of ...
Bank of America slides to $276m loss on legal chargeFinancial Times
Bank of America: Here's what investors can expectMarketWatch
Legal costs hit Bank of America's bottom lineCNNMoney
Reuters -WBTV -WSOC Charlotte
all 69 news articles »
Wall St. to rise after Chinese data, Yahoo up on Alibaba - Reuters    4/16/2014 6:40:31 PM

New York Times

Wall St. to rise after Chinese data, Yahoo up on Alibaba
Reuters
NEW YORK (Reuters) - U.S. stocks were set to rise at the open on Wednesday after China's economic growth exceeded expectations and Yahoo shares rallied on the strength of revenue growth in Chinese e-commerce giant Alibaba, in which it has a stake.
Yahoo Shares Rise As Concerns Ease About Ad Sales, AlibabaWall Street Journal
Earnings spur Yahoo gains, trip up Bank of AmericaMarketWatch
Ahead of the Bell: YahooSFGate
TheStreet.com -Businessweek -ValueWalk
all 457 news articles »
Abbott Labs Profit Falls 31% - Wall Street Journal    4/16/2014 6:31:39 PM

ValueWalk

Abbott Labs Profit Falls 31%
Wall Street Journal
Abbott Laboratories said its first-quarter earnings fell 31% as the health-care products company reported negative currency impact that masked modest overall sales growth. Abbott has faced continuing challenges stemming from a recall last year by one of its ...
Abbott First-Quarter Profit Beats Estimates on Diagnostic TestsBloomberg
UPDATE 1-Abbott Laboratories beats profit forecast, sales lagsReuters
Las Vegas Sands Moves Up In Market Cap Rank, Passing Abbott LaboratoriesNASDAQ

all 10 news articles »
CME trading outage showed that man can still match the machine - Reuters Canada    4/16/2014 11:04:57 AM

Financial News

CME trading outage showed that man can still match the machine
Reuters Canada
By Cezary Podkul and Tom Polansek. NEW YORK/CHICAGO (Reuters) - Just over a week ago, CME Group Inc suffered the worst-ever trading outage on the world's most important agricultural markets, plunging electronic screens into darkness and sending ...
CME hit with class action complaint for alleged preference of high-frequency ...InsideCounsel
Lawsuit claims CME gave HFT early accessFierceFinanceIT
Futures Traders Sue CME Over Real-Time DataWall Street Journal

all 62 news articles »
US stocks higher after wild swings - iAfrica.com    4/16/2014 2:26:15 PM

Washington Post

US stocks higher after wild swings
iAfrica.com
US stocks finished higher on Tuesday after a wild swing lower led by tech stocks that saw the Nasdaq Composite index down nearly two percent at one point. Stocks opened strongly on good results from Johnson & Johnson and Coca-Cola but then sank, with ...
Corporate earnings: Coca-Cola, Intel, Yahoo, Johnson & JohnsonThe Denver Post
Stocks slip but then mount a comebackBoston Globe
India Morning Call-Global MarketsReuters
New York Times -Businessweek
all 395 news articles »
Obama, Mich. in talks to free up $100M for Detroit - USA TODAY    4/16/2014 6:06:57 PM

Washington Post

Obama, Mich. in talks to free up $100M for Detroit
USA TODAY
DETROIT — The Obama administration and Michigan officials are in discussions on a deal that would free up an additional $100 million to soften the blow to Detroit pensioners facing cuts in Detroit's bankruptcy negotiations, two people familiar with the talks ...
Chapter 9 turns page in Detroit, but remains far from closedThe Detroit News
Detroit reaches deal limiting pension cutsKTUU.com
Obama, Michigan in talks to free up $100M to aid Detroit pension dealPort Huron Times Herald
Boston Globe -TIME
all 308 news articles »
Global shares up on China relief, Ukraine strains remain - Reuters    4/16/2014 6:02:52 PM

Sky News Australia

Global shares up on China relief, Ukraine strains remain
Reuters
LONDON (Reuters) - Share markets made broad gains on Wednesday after China reported economic growth a touch above forecasts and another low euro zone inflation reading spurred speculation about the European Central Bank's policy options.
EM Morning Roundup: China Q1 GDP Growth Slows But BeatsBarron's (blog)
Japan, China push Asia higherBaystreet.ca
Asian shares rise, China growth beats forecastsChannel News Asia
Reuters Africa -Economic Times -Morningstar.com
all 89 news articles »
US home building up in March after frigid winter - Washington Post    4/16/2014 6:25:49 PM

US home building up in March after frigid winter
Washington Post
WASHINGTON — U.S home construction rose in March to the highest level in three months as builders resumed work at the end of a frigid winter. But applications for building permits slid, clouding the outlook for future construction. The Commerce Department ...
Housing starts increase 2.8% in MarchUSA TODAY

all 7 news articles »
Mt. Gox gives up; 'no prospects' for business - MarketWatch    4/16/2014 6:11:19 PM

Times of India

Mt. Gox gives up; 'no prospects' for business
MarketWatch
NEW YORK (MarketWatch) -- Mt. Gox, the Japanese bitcoin exchange that abruptly shuttered in late February, said Wednesday the Tokyo District Court had dismissed its application for a Japanese civil rehabilitation proceeding. The Japanese bankruptcy ...
Mt Gox CEO Mark Karpeles 'Not Willing' To Go To America ...YetForbes
Troubled Bitcoin exchange Mt. Gox reportedly asks court to be liquidatedFox News
Mt. Gox Gives Up Plan for Revival as CEO Karpeles Cedes ControlBloomberg
TIME -ABC News
all 159 news articles »
Union fights bipartisan effort to force IRS to hire private tax collectors - Fox News    4/16/2014 7:04:39 AM

Union fights bipartisan effort to force IRS to hire private tax collectors
Fox News
A public employees union is fighting a bipartisan effort in Congress to force the Internal Revenue Service to hire private contractors to collect some delinquent taxes. The IRS stopped using private tax collectors in 2009 after determining that agency employees ...

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