Archive for August 15th, 2014

How the Dow Jones industrial average did Friday

August 15, 2014
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The stock market recovered from a midday swoon caused by the latest worries over Ukraine and ended little changed on Friday. The Ukrainian president said his military destroyed most of a Russian military convoy that entered his country. Russia denied it.
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Nordstrom and Gilead are big market movers

August 15, 2014
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NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
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Unbelievable record-breaking price for ’62 Ferrari at auction

August 15, 2014
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CARMEL, Calif. (AP) — A rare 1962 Ferrari 250 GTO once owned by a famed racing driver and Olympic gold medalist has sold for $34.65 million.
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Ferguson police ID officer in shooting

August 15, 2014
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FERGUSON, Mo. — After withholding his name for nearly a week, the Ferguson Police Department on Friday publicly identified the white patrol officer who recently shot and killed an unarmed black teen.
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Wall Street opens up, on track for strong week

August 15, 2014
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NEW YORK (Reuters) – U.S. stocks opened higher on Friday, with major indexes on track for a second week of gains, as traders bet there would be no immediate escalation in the tense situations in Ukraine or Iraq.
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Hong Kong cuts 2014 forecast as Q2 growth slows to 1.8%

August 15, 2014
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Hong Kong Friday cut its economic growth forecast for 2014 after an unexpected slowdown in second quarter expansion blamed on a fall-off in tourist spending and a slowdown in domestic demand.
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U.S. SEC widens probe of Cynk Technology to include auditor – WSJ

August 15, 2014
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(Reuters) – U.S. regulators are investigating the auditor of Cynk Technology Corp, the social media company that was briefly worth more than $6 billion (3.59 billion pounds) in June before its shares plummeted, the Wall Street Journal reported, citing people close to the probe.
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U.S. supermarket chain Supervalu investigating potential data breach : WSJ

August 15, 2014
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(Reuters) – Supervalu Inc is in the early stages of investigating a potential data breach that could have affected more than 1,000 stores, the Wall Street Journal reported on Thursday, citing people with knowledge of the matter.
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