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Morgan Stanley wants all of Citi venture: sources

Morgan Stanley is interested in buying all of Citigroup Inc's stake in their wealth management joint venture this year in what could be a roughly $10 billion deal, said people familiar with Morgan Stanley management's thinking.

Wall Street dips as housing shares drag

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Stocks edged lower on Friday, keeping the S&P 500 on track for its first weekly decline in six weeks as housing-related stocks fell after data showed a drop in single-family home sales.
Cast member Liam Hemsworth poses with actress Miley Cyrus at the premiere of "The Hunger Games" at Nokia theatre in Los Angeles

'Hunger Games' Star Liam Hemsworth Embarrassed Of Girlfriend? Miley Cyrus Most Embarrassing Moments

Miley Cyrus has been in the public eye since taking on the identity of Disney's Hannah Montana. Her actor boyfriend of over two years, Liam Hemsworth, has only been in the media because of their relationship, but that's all about to change with his highly talked about role in The Hunger Games. A source told Us Weekly magazine that the rising actor is sometimes embarrassed over Cyrus. Let's take a look at Miley Cyrus' most ridiculous and embarrassing mo...
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Futures flat, S&P on track for weekly drop

U.S. stock index futures were little changed on Friday after equities suffered their worst percentage drop in two weeks, with the S&P 500 on track for its first decline in the past six weeks.
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Stock index futures point to slightly higher opening

Stock index futures pointed to a slightly higher open on Wall Street on Friday, with futures for the S&P 500 up 0.1 percent, Dow Jones futures up 0.1 percent and Nasdaq 100 futures 0.4 percent higher at 1040 GMT.
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Japan regulator strips AIJ registration: minister

Japan's financial regulator has stripped AIJ Investment Advisors of its registration as an asset manager after the company was unable to account for the bulk of $2.4 billion in pension funds, Financial Services Minister Shozaburo Jimi said.
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Ernst & Young suit over Lehman heads to state court

A lawsuit from New York's attorney general accusing accounting firm Ernst & Young LLP of helping to hide financial problems at Lehman Brothers Holdings Inc. has been sent from federal court to the New York state court where it was originally filed.
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AIG says repaid government $1.5 billion

American International Group said on Thursday it has repaid the Treasury its remaining $1.5 billion preferred equity investment, but the insurer still owes taxpayers an estimated $45 billion for the bailout it received during the financial crisis.
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Fed officials clash on view of economy

The gap between the Federal Reserve's dovish core and its hawkish wing was on display on Thursday as a top Fed official said the economy is in better shape even as Fed Chairman Ben Bernanke focused on a source of weakness.
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AIG says repays U.S. government $1.5 billion

American International Group said on Thursday it has repaid the U.S. Treasury its remaining $1.5 billion preferred equity investment, but the insurer still owes taxpayers an estimated $45 billion for the bailout it received during the financial crisis.
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EBay to sell Rent.com to PRIMEDIA

EBay Inc agreed to sell its Rent.com unit to PRIMEDIA as the company shifts away from classified and listings businesses to focus on other e-commerce and payments efforts.
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Opel to submit plant closure plan to board: sources

General Motors' Opel managers will present a business plan next Wednesday to the unit's board that likely will involve closing two plants in Europe to reduce manufacturing capacity by some 30 percent, people familiar with the company's thinking said on Thursday.
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Morgan Stanley directors win pay lawsuit dismissal

Twelve directors of Morgan Stanley have won dismissal of a shareholder lawsuit accusing them of letting the Wall Street bank overpay its employees even while accepting taxpayer-funded federal bailouts.
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AIG says repays government $1.5 billion

American International Group said on Thursday it has repaid the Treasury its remaining $1.5 billion preferred equity investment, but the insurer still owes the government and Federal Reserve $45 billion for the bailout it received during the financial crisis.
Apple's New iPad: Spate of Performance Issues

Apple New iPad '3' Release: Cases, Accessories That Extend Battery Life

To power all of the new features in the new iPad on 10 hours of battery life, Apple upgraded the iPad 2's rechargeable battery and made it substantially bigger -- about 70 percent. Since the battery also drips when it's plugged in, we have four power cases for you that will recharge your new iPad on the go.
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FedEx settles hiring probe for $3 million

FedEx Corp will pay back wages and interest to more than 21,000 people rejected for jobs in a $3 million settlement of a bias case brought against two of the company's units by the U.S. Department of Labor.
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GameStop expects higher sales this year

GameStop Corp gave a fiscal-year outlook on the high end of analysts' estimates, saying it expects to boost sales of used videogames and to benefit from new hardware from Nintendo Co Ltd.
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Wall Street's face in Washington to step down

The chief lobbyist for the largest U.S. financial institutions will step down at the end of 2012, after more than a decade of waging regulatory battles, a trade group said on Thursday.
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Dow, S&P drop for 3rd day on global growth worries

The Dow and the S&P 500 fell for a third straight day on Thursday on concerns about the global economy's growth outlook after manufacturing data showed a drop in new orders in both the euro zone and China.
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Global growth concerns weigh on Wall Street

Wall Street fell for a third straight day on Thursday after continued contraction in manufacturing in both the euro zone and China fueled worries about the global economy.
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FedEx to pay Labor Dept $3 million over hiring

FedEx Corp will pay back wages and interest to more than 21,000 people rejected for jobs in a $3 million settlement of a bias case brought against two of the company's units by the U.S. Department of Labor.
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Jobless claims fall to four year low

The number of Americans claiming new unemployment benefits dropped to a four-year low last week, offering further evidence the jobs market recovery was gaining traction.

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