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Watch out! Sep. 13, 2014
Less bang for buybacks? Sep. 12, 2014
Mobile money Sep. 11, 2014
Euro woes Sep. 10, 2014
- Glimcher and Apple are big market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
- French prime minister wins confidence vote
PARIS (AP) — French Prime Minister Manuel Valls won a vote of confidence on Tuesday in a tense ballot, allowing him to push through economic reforms that have divided his Socialist Party.
- Egypt minister projects 6% growth in 3 years
CAIRO (AP) — Egypt's finance minister on Tuesday predicted growth rates of up to 6 percent within three years, which would mark a major turnaround following three years of political turmoil that has crippled the economy.
- US CEOs less optimistic about hiring, spending
WASHINGTON (AP) — Optimism among chief executives at the largest U.S. companies fell in the July-September quarter after reaching a two-year high in the previous quarter.
- World Bank: Palestinian economy to shrink in 2014
RAMALLAH, West Bank (AP) — The Palestinian economy is expected to contract for the first time in seven years in 2014, the result of the recent Gaza war, continued Israeli and Egyptian restrictions on Palestinian trade and a drop in foreign aid, the World Bank said Tuesday.
- Alibaba risk: China's rise leaves out investors
WASHINGTON (AP) — American investors are clamoring to buy a stake in Chinese e-commerce giant Alibaba, which is launching what may prove the biggest initial public stock offering ever.
- Ukraine, Scotland dent German investor optimism
FRANKFURT, Germany (AP) — A key measure of German investor optimism fell in September for the ninth month in a row, dragged down by worries over the crisis in Ukraine, economic stagnation in Europe and the upcoming independence referendum in Scotland.
- Russian ruble drops to historic low amid sanctions
MOSCOW (AP) — Russia's currency dropped to an all-time low against the dollar on Tuesday as investors fret about long-term economic damage from Western sanctions.
- Drops in food, gas prices push UK inflation down
LONDON (AP) — Official figures show that inflation in the U.K. eased further below the Bank of England's target in August following falls in food and fuel prices.
- Eurozone economic growth forecast cut
FRANKFURT, Germany (AP) — A major international organization has cut its growth forecast for the countries that use the euro and says the troubled currency union needs even more stimulus from the central bank and governments.