Stock Markets News

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  Honda recalls 167,255 Acura TSX cars in the U.S.

  Reuters – 7 mins ago  
  DETROIT (Reuters) - Honda Motor Co Ltd (7267.T) said it would recall 167,255 Acura TSX sedans sold in the U.S. market to address the risk that power steering fluid could leak and cause an under-the-hood fire.

• Stock futures inch higher after GDP rises 3.2 pct

  AP – 10 mins ago  
  

  NEW YORK - Stock futures inched higher Friday after the government said the economy grew at a slightly slower pace in the first quarter than was expected.

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  S&P 500 futures pare gains after GDP

  Reuters – 21 mins ago  
  

  NEW YORK (Reuters) - S&P 500 stock index futures pared gains on Friday after the government said the U.S. economy grew at a slightly slower-than-expected pace in the first quarter.
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  World stocks rise amid Greek bailout hopes
• AP – 2 hrs 18 mins ago  
  

  LONDON - European stocks traded in a narrow range Friday as investors warily awaited the completion of a Greek support package and looked ahead of U.S. economic figures set to show the world's largest economy continuing to grow solidly.

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  London stocks subdued at open

  AFP – Fri Apr 30, 3:54 am ET  
  

  LONDON (AFP) - Shares in London started in the red on Friday as crisis-hit Greece appeared to edge closer to a bailout deal.

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  Workers march on Wall Street, protest big banks

  AP – Fri Apr 30, 12:28 am ET  
  

  NEW YORK - Thousands of workers and union leaders marched on Wall Street on Thursday to express their anger over lost jobs, the taxpayer-funded bailout of financial institutions and questionable lending practices by big banks.

• Palm shares soar on HP acquisition

  AFP – Thu Apr 29, 5:47 pm ET  
  

  NEW YORK (AFP) - Palm shares soared on Thursday after US computer giant Hewlett-Packard announced it had reached agreement to buy the troubled US mobile phone maker.

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  How the major stock indexes fared on Thursday

  AP – Thu Apr 29, 5:18 pm ET  
  Stocks surged higher Thursday after another series of upbeat earnings reports and a reading on unemployment provided more evidence of an improving economy.

• Dow climbs 122 on good unemployment, earnings news

  AP – Thu Apr 29, 5:05 pm ET  
  THE DOW'S BIG DAY: The Dow Jones industrials rose 122 points. That brought their two-day advance to 175 as they made back most of the 213 they lost Tuesday amid concerns about European debt problems.

• Goldman set to settle SEC fraud case soon: report

  Reuters – Thu Apr 29, 12:53 pm ET  
  

  LONDON (Reuters) - Goldman Sachs may soon settle its fraud case with the U.S. regulator, the New York Post reported on Thursday, opting to end a legal fight rather than endure a repeat of the public flogging it received this week.

• FTSE bounces back as Greek deal nears

  AFP – Thu Apr 29, 12:14 pm ET  
  

  LONDON (AFP) - London's leading stock exchange bounced back on Thursday after a top European Union official said talks on a debt bailout deal for Greece were nearly complete.

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  Goldman charges not linked to bill: SEC boss

  AP – Wed Apr 28, 7:15 pm ET  
  WASHINGTON - The head of the Securities and Exchange Commission said Wednesday there was no connection between the timing of the agency's fraud charges against Goldman Sachs and efforts in the Senate to speed passage of sweeping legislation overhauling financial regulation.

• A look at global economic developments

  AP – Wed Apr 28, 2:40 pm ET  
  A look at economic developments and activity in major stock markets around the world Wednesday:

• Greek financial crisis sends markets plunging

  AFP – Wed Apr 28, 6:06 am ET  
  

  LONDON (AFP) - Greece's deepening financial crisis sent stock markets and the euro reeling again on Wednesday after its debt was slashed to junk status, fanning fears of a default.

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  Greece crisis pulls FTSE down at open

  AFP – Wed Apr 28, 5:21 am ET  
  

  LONDON (AFP) - The leading stock exchange fell at opening on Wednesday, after sharp losses the previous day, as traders were gripped by Greece's financial crisis and the EU called a crunch summit.

• SEC probes hedge funds' use of side pockets: report

  Reuters – Wed Apr 28, 5:03 am ET  
  NEW YORK (Reuters) - The U.S. Securities and Exchange Commission is taking a closer look at whether hedge fund managers abused a practice known as "side pockets" to prevent clients from withdrawing billions of dollars during the 2008 financial crisis, the Wall Street Journal reported on Tuesday.