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Stock futures suggest higher open on strong earnings

Sock index futures pointed to a higher open on Wednesday as continued strong earnings, including from Apple Inc , underscored the growing sense companies were faring well despite the soft patch in the economy.
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EU banks face fines if they fall short on capital

Banks in the European Union could face fines of up to 10 percent of turnover if they fail to comply with tougher capital and liquidity rules, the bloc's financial services chief said on Wednesday.
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Fed's Hoenig: growth to continue at modest pace

A top Federal Reserve official said on the Thursday the U.S. economy should grow at a modest pace for the next several years, but issued a harsh criticism of the U.S. central bank's just-concluded bond buying program.
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Samsung takes shot at iPad with new Galaxy Tab

South Korea's Samsung Electronics Co launched a thinner and lighter version of its Galaxy tablet in its lucrative home market, trying to chip into blockbuster sales of Apple Inc's iPad.
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China urges U.S. to boost confidence in debt, dollar

China pressed the United States to take responsible measures to boost market confidence in the dollar and U.S. government debt on Wednesday, underscoring investor worries that Washington could default on its debt.
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T-Mobile to offer unlimited data plans

Wireless telecom firm T-Mobile USA said it will begin offering unlimited data service plans, in a move aimed at wooing customers of bigger rivals Verizon Wireless and AT&T Inc which had stopped offering such plans.
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Stocks gain on U.S. debt deal hopes; Europe summit eyed

Asian shares rose on Wednesday as indications of progress on a U.S. budget-reduction deal boosted investor confidence while encouraging quarterly numbers from Apple Inc and International Business Machines helped Asia's beaten-down tech sector gain for a second day.
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Stocks gain on US debt deal hopes; Europe summit eyed

Asian shares rose on Wednesday as indications of progress on a U.S. budget-reduction deal boosted investor confidence while encouraging quarterly numbers from Apple Inc and International Business Machines helped Asia's beaten-down tech sector gain for a second day.
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UAW says transplant deal possible in 2011

The United Auto Workers is talking with a lot of foreign automakers about representing their U.S. plants' hourly workers and could see a deal by year end, top union officials said.
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UAW talking to a lot of foreign carmakers

The United Auto Workers is talking with several foreign automakers about representing their U.S. plants' hourly workers and could see a deal by year end, top union officials said.
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Asian stocks gain on U.S. debt deal hopes, tech results

Asian shares rose on Wednesday as indications of progress on a U.S. budget-reduction deal boosted investor confidence while encouraging quarterly numbers from Apple Inc and International Business Machines Corp helped Asia's beaten-down tech sector gain for a second day.
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Global stocks gain on U.S. debt deal hopes, tech results

Asian shares rose on Wednesday as indications of progress on a U.S. budget-reduction deal boosted investor confidence while encouraging quarterly numbers from Apple Inc and International Business Machines Corp helped Asia's beaten-down tech sector gain for a second day.
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Chipotle profit misses as costs rise, stock down

Chipotle Mexican Grill reported a quarterly profit that missed Wall Street's view as margins were hurt by higher food prices and legal costs related to a federal probe of illegal immigrant hiring.
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Lawmaker aims to clean up swap rules

A House committee will race to clean up new rules on swaps before they take effect, the panel's chairman said on Tuesday, warning the rules will harm small and medium-size businesses.
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Goldman stumbles in commodities

Goldman Sachs on Tuesday blamed its commodities trading desk for much of the massive drop in trading profits in the second quarter, even after its own analysts correctly called for a pull-back in prices.
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Boeing offers to re-engine 737 for AMR: sources

Scrambling to rescue a potential $20 billion plane order from American Airlines, Boeing Co has offered to put a new engine on its current version of the 737, retreating from an ambitious plan to completely redesign its best-selling aircraft, sources said on Tuesday.

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