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S&P cuts Russia's credit rating
MOSCOW (AP) — The Standard & Poor's credit agency has cut Russia's credit rating from BBB to BBB-, citing the capital flight and risk to investment in the ... Read More
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Cairn India slumps as Jan-March earnings disappoint
Reuters Market Eye - Shares in Cairn India Ltd slump 4.5 percent as its net profit lags some analysts' estimates, especially after adjusting for other ... Read More
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Holcim's Indian units fall on non-operational boost in earnings
Reuters Market Eye - Shares in ACC Ltd and Ambuja Cements India Ltd fall even as their earnings beat forecasts as dealers say other income and tax credit ... Read More
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Fed, OCC differ in enforcing leveraged lending guidelines
Banking and regulatory sources with direct knowledge of the situation said the U.S. Federal Reserve and the Office of the Comptroller of the Currency (OCC) ... Read More
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Asian stocks mixed on US earnings, goods orders
BEIJING (AP) — Asian stocks were mixed Friday after solid earnings for Apple and Caterpillar and better U.S. durable goods orders. Read More
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KKR, Nasdaq plan market for trading stakes in buyout funds - WSJ
(Reuters) - Private equity firm KKR & Co LP plans to allow investors to sell parts of their stake in buyout funds through a new private market run by Nasdaq OMX ... Read More
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New Microsoft CEO Nadella impresses Wall Street, stresses challenges
By Bill Rigby SEATTLE (Reuters) - Microsoft Corp's new chief executive on Thursday won rave reviews for his first public encounter with Wall Street analysts who ... Read More
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Hyundai Motor down 3 percent after first-quarter earnings
SEOUL (Reuters) - Shares in Hyundai Motor Co dropped more than 3 percent on Friday after the automaker reported a smaller than expected quarterly profit hit by ... Read More
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Newmont 1st-quarter earnings fall but costs down, output up
Newmont Mining Corp, which sources have said is in talks with Barrick Gold Corp on a merger, reported a steep drop in first-quarter earnings on Thursday as a ... Read More
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Microsoft beats Wall Street on new CEO debut
By Bill Rigby SEATTLE (Reuters) - Microsoft Corp's new chief executive got off to a winning start with Wall Street on Thursday as the world's largest ... Read More
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