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US auto manufacturers score biggest April since 2007 – Los Angeles Times

A rebound in pickup truck sales led the way, especially for the Detroit automakers. Small businesses are replacing aging trucks that they’ve kept since the Great Recession. Ford’s sales increased 18 percent, with the F-Series pickup gaining 24 percent. At Chrysler, sales rose 11 percent, led by the Ram pickup, with a 49 percent sales [...]

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Moody’s Puts Merck On Review for Downgrade, Noting Share Buyback – Wall Street Journal

Email Newsletters and Alerts The latest news and analysis delivered to your in-box. Check the boxes below to sign up. New! To sign up for Keyword or Symbol Alerts click here. To view or change all of your email settings, visit the Email Setup Center. Moody’s Puts Merck On Review for Downgrade, Noting Share Buyback [...]

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Delphi raises outlook as US car sales accelerate – Financial Times

Last updated: May 1, 2013 4:34 pm By Robert Wright in New York Delphi raises outlook as US car sales accelerate – Financial Timeshttp://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEy7TBZ08P9ZiZEg9t4xAPXHHGYKg&url=http://www.ft.com/cms/s/0/ed146e56-b25c-11e2-8540-00144feabdc0.htmlhttp://news.google.com/news?pz=1&cf=all&ned=us&hl=en&topic=b&output=rssBusiness – Google NewsGoogle Newshttp://www.gstatic.com/news-static/img/logo/en_us/news.gif

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Companies hire less, manufacturing growth slows in April – Reuters

By Leah Schnurr NEW YORK | Wed May 1, 2013 11:40am EDT NEW YORK (Reuters) – Companies hired the smallest number of employees in seven months in April while manufacturing growth slowed, suggesting the economy is encountering a soft patch as tighter fiscal policy starts to hold back growth. Businesses added 119,000 employees to their [...]

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Stocks: Investors begin May by selling – CNNMoney

Click the chart for more stock market. With the calendar now reading May, investors are wondering if it will pay to “Sell in May and Go Away” again this year, as it has for the last three. While it’s only the first trading day of the month, investors are starting by taking a step back. [...]

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Caribbean bank accounts are next IRS target – USA Today – USA TODAY

A Wells Fargo sign at a bank branch in New York. (Photo: CX Matiash, AP) Opening a new front in the U.S. crackdown on offshore tax evasion, federal investigators late Monday won court approval for a summons that will force a Caribbean bank to turn over account data for wealthy American clients. Investigators planned to [...]

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Apple to Sell $17 Billion in Bonds – Wall Street Journal

By KATY BURNE And MIKE CHERNEY NEW YORK—Apple Inc. is selling $17 billion of bonds Tuesday, a record amount for a U.S. investment-grade corporate offering, according to investors familiar with the deal. The offering generated more than $50 billion in new orders, people familiar with the offering said. An Apple spokesman declined to comment on [...]

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Home Prices in 20 U.S. Cities Climb by Most Since May 2006

Home Prices in 20 U.S. Cities Increase by Most Since May 2006 – Bloomberg

Residential real-estate prices increased in February by the most since May 2006, showing the U.S. housing market is strengthening. The S&P/Case-Shiller index of property values in 20 cities rose 9.3 percent from February 2012, more than forecast, after advancing 8.1 percent in the year ended in January, the group said today in New York. The [...]

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Consumer Confidence in U.S. Rose More Than Forecast in April

Consumer Confidence in U.S. Rose More Than Forecast in April – Bloomberg

Consumer confidence unexpectedly jumped in April, and the rebound in home values accelerated earlier this year, showing the recovery in residential real estate is buttressing the U.S. economy. The Conference Board’s sentiment index climbed to 68.1, exceeding the highest estimate in a Bloomberg survey of economists, data from the New York-based private research group showed [...]

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UBS Joins Lloyds Beating Estimates as Deutsche Bank Sells Stock

UBS Joins Lloyds Beating Estimates as Deutsche Bank Sells Stock – Bloomberg

UBS AG (UBSN), Deutsche Bank AG (DBK) and Lloyds Banking Group Plc posted profit that topped analysts’ estimates in a sign Europe’s largest lenders are rebounding from the financial crisis after years of job cuts, loan losses and capital raising. UBS rose as much as 7.3 percent in Swiss trading after posting first-quarter net income [...]

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