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Markets Fall Just Before Closing (AAPL, GIS)

By: , dated May 22nd, 2012
Markets were ahead for most of the day, but just before they closed major indices ended down. This in spite of the fact that the National Association of Realtors said that home resales increased 3.4 percent in April. In corporate news, Millward Brown’s BrandZ study announced that Apple (AAPL) had the most valuable brand in the world for the second year in a row. Meanwhile, General Mills (GIS) will be laying off 850 employees.

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