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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Stocks haven’t exactly been following oil’s lead, but you can still feel crude’s impact in two key sectors – energy and consumer discretionary – and that means you may want to target stocks like Dollar General (DG) and AutoZone (AZO) as well as ETFs…

Category : Stocks, World News

Stocks haven’t exactly been following oil’s lead, but you can still feel crude’s impact in two key sectors – energy and consumer discretionary – and that means you may want to target stocks like Dollar General (DG) and AutoZone (AZO) as well as ETFs like XLY and VCR. 4 comments!

Link: Stocks haven’t exactly been following oil’s lead, but you can still feel crude’s impact in two key sectors – energy and consumer discretionary – and that means you may want to target stocks like Dollar General (DG) and AutoZone (AZO) as well as ETFs…

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Pending Home Sales Trump Poor Jobless Claims: Dave’s Daily

Category : Business

Jobless Claims (388K vs 375K expected & prior revised higher 389K) allowed for a beat with (ahem) revisions. Pending Home Sales (4.1% vs 1% expected & prior at -.5%) is what bulls seized on shrugging off poor employment data. Bulls see claims data as just more of the same. But people are also losing their benefits with 700K expected to be out of luck by next month.

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Waiting on Jobs Report: Dave’s Daily

Category : Stocks

NEW YORK (ETF Digest) —

It seems investors were biding their time Thursday ahead of a long holiday weekend and the unique Friday holiday release of the April Employment Report with markets closed. It would seem most investors don’t wish to expose themselves to potential market fluctuations when markets are closed.

Thursday’s Jobless Claims report continued the consistent trend of revising previous claims higher allowing for a headline “beat”. The data showed 357K claims vs 363K higher previously (adjusted higher from 359K). This led to headlines like: “Jobless Claims Lower” and so forth.

Consumer Discretionary (XLY) shares were much in focus as heavyweight McDonalds (MCD) led the sector higher overall. Financials (XLF), Materials (XLB) and Homebuilders (ITB) led the way lower.

Click to view a price quote on AA.

Click to research the Metals & Mining industry.

Read more: Waiting on Jobs Report: Dave’s Daily

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The First Quarter Gets Some Window Dressing: Dave’s Daily

Category : Business, Stocks

Economic data Friday was mixed and depending on your vision or bias was spun to suit. Personal Income & Spending was a dangerously mixed bag with income down and spending up: (Personal Income .2% vs .4% expected & prior .3%. Spending .8% vs .6% expected & .4% prior. Core PCE was .1% vs .2% prior). With spending up a good portion of this goes to food and energy excluded in the “core” PCE. Since the “core” stuff is what the Bernank et al focus on it will justify ongoing ZIRP and perhaps more QE. It’s all contrived and absurd frankly.

Later the Chicago PMI (62.2 vs 63 expected & prior 64) also disappointed with a miss but bulls didn’t mind.

Click to view a price quote on LIZ.

Click to research the Consumer Non-Durables industry.

Go here to read the rest: The First Quarter Gets Some Window Dressing: Dave’s Daily

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Accident-Prone Markets: Dave’s Daily

Category : Business, Stocks

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Greece Keeps the Lady Waiting: Dave’s Daily

Category : Business

“Never put off until tomorrow what you can do the day after tomorrow”

Click to view a price quote on BA.

Click to research the Aerospace/Defense industry.

Continued here: Greece Keeps the Lady Waiting: Dave’s Daily

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