Asian shares tick higher, weak durable orders stall dollar

By Chikako Mogi TOKYO (Reuters) – Asian shares edged higher on Thursday, supported by views that a run of weak global economic data will encourage major central banks to keep or deepen their monetary stimulus, though dismal U.S. durable goods orders for March weighed on the dollar. Oil prices, copper and gold recovered, also helping […]

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Stock index futures indicate higher open

Stock index futures indicate higher openReuters Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the SP 500, Dow Jones … From: http://us.rd.yahoo.com/finance/news/rss/story/SIG=14miqoj9u/*http%3A//us.rd.yahoo.com/finance/news/topfinstories/SIG=12jvemtsn/*http%3A//finance.yahoo.com/news/wall-street-jumps-recovery-twitter-012743636.html?l=1

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Time for Apple to Answer Its Wake-Up Call

When earnings expectations are as low as they are for Apple (AAPL), results don’t get “released” as much as they escape captivity. Even if Apple sandbagged its guidance in order to make the actual numbers look good, the company is almost certain to report shrinking year-over-year profits for the first time in more than a […]

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Time for Apple to Answer Its Wake-Up Call

When earnings expectations are as low as they are for Apple (AAPL), results don’t get “released” as much as they escape captivity. Even if Apple sandbagged its guidance in order to make the actual numbers look good, the company is almost certain to report shrinking year-over-year profits for the first time in more than a […]

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Netflix Shares Soar After Earnings Beat

Netflix (NFLX) shot up more than 20 percent after the movie-rental company reported earnings that beat expectations. The headquarters of Netflix is shown in Los Gatos, California. REUTERS/Robert GalbraithWhat’s the stock doing now? (Click here for the latest after-hours quote.) (NFLX) The company posted first-quarter earnings excluding items of 31 cents a share, up from […]

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Nikkei bulls charge in as dollar/yen eyes 100

By Chikako Mogi TOKYO (Reuters) – Bulls drove Japanese shares to nearly five-year highs as yen bears clawed at the symbolic 100 yen/dollar door on Monday, encouraged by the Group of 20 gatherings in Washington all but endorsing the Bank of Japan’s bold reflationary policies. Asian shares inched higher while oil and gold rebounded after […]

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Bombing, Aftermath Could Cost Boston Billions

The economic impact of the Boston Marathon bomb suspect manhunt could run into the billions of dollars, according to one expert, as a million city residents were stuck at home, stores were shuttered and public transit ground to a halt. Boston businesses were advised to remain closed, city employees were told to stay home or […]

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Americans Grow More Pessimistic on Economy

The U.S. economy may be hitting another “spring swoon,” the same way it has for the past several years. A slowdown from the economy’s already slow rate of growth would not be surprising given the impact of the “sequester” and tax increases that went into effect earlier this year. These moves trimmed government spending across […]

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Wall Street Bounces Back, Tech Shares Lead

By Caroline Valetkevitch NEW YORK (Reuters) – Stocks rose on Friday as earnings from Google and other companies lifted tech shares, but the gains weren’t enough to stop the SP 500 from suffering its worst week since November. High volatility marked the week, with the SP 500 falling 2.3 percent on Monday in its worst […]

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Global growth worries cap Asian share prices

By Chikako Mogi TOKYO (Reuters) – Asian shares and oil prices climbed on Friday but investors remained cautious after a volatile week that began with a broad sharp sell-off, as more soft U.S. economic data and mixed U.S. earnings results sustained worries over global growth. The MSCI’s broadest index of Asia-Pacific shares outside Japan was […]

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