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Tremendous Tuesday Follows Muddy Monday Despite Looming European Issues (GM, SBUX)

By: , dated June 12th, 2012
US Markets recover from a bitter Monday, despite looming concerns in Europe, to record gains on Tuesday. Global markets acted similarly, as well. In corporate news, General Motors (GM) is negotiating with German labor unions as the car company tries to turn around it’s European business, which has been recording losses. Starbucks (SBUX) has released a line of products aimed at helping spur US job growth, as well as creating a positive PR image for the coffee giant. And Amazon (AMZN) has released its cloud player on Apple’s (AAPL) iOS after a long wait from consumers.

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