Friday's Top 50 Finance & Global Markets News & Stories
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Breaking News,
FinanceBrief
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Wells Fargo reports strong mortgage loan growth and revenues in second quarter.
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Banks are paying consumers more interest on their personal accounts in the second quarter of 2014 -- but it’s online-only account holders who are reaping the biggest benefits, according to a new report by personal finance site WalletHub....
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U.S. stocks look set to win back a portion of Thursday’s losses. Banking heavyweight Wells Fargo extends a run of rising profit.
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Here’s what investors can expect when Citigroup reports second-quarter earnings on Monday.
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Shares in a company with no revenue, assets or full-time employees soar from four pence to almost £8 in less than a month.
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U.S. stock index futures pointed to a higher open, after a bumpy day which saw concerns over Portugal's banking sector cross the Atlantic.
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NEW YORK (MarketWatch) -- Shares of MGIC Investment tumbled 14% in active premarket trade after the mortgage-insurer said late Thursday the Federal Housing Finance Agency's newly-proposed standards for the industry would mean its availab...
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A shareholder revolt erupts at the annual general meeting for the luxury retailer, over its decision to pay the CEO £23m.
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The National Highway Traffic Safety Administration says it will probe a fatal, truck explosion that happened last spring when a forklift pierced the vehicle's natural gas fuel tank.
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* Other investors write to Shire board pushing case for deal
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One of Portugal's largest banks reassured investors that it has sufficient capital reserves and that its exposure to its troubled parent company is manageable.
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TORONTO, July 11 (Reuters) - The Canadian dollar weakened to a session low against the greenback on Friday after data showed the country's economy unexpectedly lost jobs last month.
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* Futures up: Dow 11 pts, S&P 1.5 pts, Nasdaq 9 pts (Updates prices, adds Wells Fargo earnings)
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Gold futures trade near the unchanged level, hovering at a four-month high set the previous day as concerns over the threat posed by a troubled Portuguese bank faded.
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Have you heard Cynk Technologies? Its stock has defied gravity in recent weeks, despite having no assets or revenue.
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July 11 (Reuters) - Nordion Inc , a Canadian supplier of medical isotopes, said it had cleared a U.S. antitrust hurdle, paving the way for the company to be acquired by Sterigenics.
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Asian markets have been mixed while the safe-haven yen edged up, following a sell-off on Wall Street and in Europe as fears over eurozone debt resurfaced.
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July 11 (Reuters) - CME Group Inc : * Released the following statement regarding the London bullion market
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Gold stayed near a three-and-a-half month high as an incipient funding crisis at Portugal's Banco Espirito Santo triggered safety-seeking flows, and weighed on global risk appetite.
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(Reuters) - European stocks opened firmer and lower-rated government bond prices edged up on Friday, as markets settled after a broad pullback overnight on concerns about Portugal's banking sector that highlighted contagion risk in the e...
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OTTAWA, July 11 (Reuters) - Canada unexpectedly shed 9,400 jobs in June and the unemployment rate rose to 7.1 percent from 7.0 percent in May as more people sought work, Statistics Canada data...
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Oil headed for its third weekly loss as worries about supply disruptions, although Brent stayed above $108.
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* BAT expects to buy more Reynolds shares to keep current stake
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U.S. stock-index futures pointed to gains on Wall Street Friday, after a tough session on Thursday.
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Bulgaria's central bank says it will strip the country's fourth-largest lender, Corpbank, of its license following an audit — the results of which will be submitted to prosecutors.
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The yen was poised to end the week higher, having lunged forward as a fall in global equities lifted demand for the currency.
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NEW YORK, July 10 (Reuters) - Domino Foods Inc, one of the biggest sugar refiners in the United States, cut refined sugar prices by 5 percent on Thursday, according to a letter seen by Reuters,...
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Wells Fargo says its second-quarter profit rose 3 percent, bolstered by loan growth, higher deposit balances and improved credit quality.
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This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
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This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
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MADRID, July 11 (Reuters) - Spain will issue 3-, 8- and 18-year bonds at a scheduled auction next Thursday, the Treasury said on Friday.
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After hundreds of job cuts in 2013 at the struggling Spanish carrier, its owner says more reform is needed to maintain viability.
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Gold steadied near 3-1/2-month highs, with the metal still on track for a sixth week of gains.
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SOFIA, July 11 (Reuters) - The state funds required to rescue Bulgaria's Corporate Commercial Bank (Corpbank) group will likely swell the country's fiscal deficit, possibly to more than 3 percent of...
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July 11 (Reuters) - Wells Fargo & Co, the largest U.S. mortgage lender, reported a 3 percent rise in quarterly profit as cost cuts helped to make up for a slight fall in revenue.
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Shares of CYNK Technology have been halted for trade. CYNK, which gained nearly 25,000% in just a few days, was the top story of the day yesterday as the company's meteoric rise came despite the company having no revenue. At one point ye...
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Wells Fargo revenue tops forecasts; shares slip 0.4%
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This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
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After four days of losses, share prices on the JSE have stabilised, moving the major indices only marginally higher than the previous close.
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HAVANA, July 11 (Reuters) - Russian President Vladimir Putin begins a six-day tour of Latin America on Friday, seeking greater influence in the backyard of the United States while under pressure from...
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NEW YORK, July 11 (Reuters) - When financial adviser Mike Gegen made the final decision to leave his job at RBC Capital Markets to move to Baird Financial Group, he resigned on May 23, the Friday...
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If you've been desperately trying to find a good Scud missile to add to your military arsenal, there's a Silicon Valley auction that's right up your alley. Up for sale on Friday and Saturday in Portola Valley, California is the Littlefie...
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Wells Fargo kicked off second-quarter earnings for the banks. The bank reported Q2 earnings per share of $1.01. That's right in line with consensus analyst estimates. The fourth largest U.S. bank was expected to report adjusted earnings ...
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European stock markets edge higher after rout caused by worries over the Portuguese and eurozone banks
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U.S. crude oil futures were poised to fall for the third week in a row as worries about supplies from the Middle East and North Africa ebbed.
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* LBMA settles on silver fix replacement after 2-month hunt
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July 11 (Reuters) - Medical device maker Covidien Plc said it recorded a pre-tax charge of about $180 million for the third quarter, related to litigation against some manufacturers of pelvic mesh...
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* Wheat prices near 4-month lows, corn prices also falling
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European markets rebounded on Friday as traders speculated bank issues in Portugal are unlikely to spread across the continent.
