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Tuesday, December 23, 2014

Daily Investor Briefing: Dow ends above 18,000 for first time...

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12/23/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Dow ends above 18,000 for first time on strong GDP report
NEW YORK (Reuters) - U.S. stocks rose on Tuesday, with the Dow closing above 18,000 for the first time ever and the S&P 500 ending at a record after an unexpectedly strong report on economic growth.
Third-quarter U.S. economic growth strongest in 11 years
WASHINGTON (Reuters) - The U.S. economy grew at a 5.0 percent clip in the third quarter, its quickest pace in 11 years and the strongest sign yet that growth has decisively shifted into higher gear.
Oil up on stronger-than-expected U.S. GDP growth data
NEW YORK (Reuters) - Oil rose by more than $2 a barrel on Tuesday, rallying for a second time in three days, after data showing the fastest rate of U.S. economic growth in 11 years bolstered expectations for crude demand.
Coke to cut up to 2,000 jobs in coming weeks: WSJ
(Reuters) - Coca-Cola Co plans to cut 1,000-2,000 jobs globally in the coming weeks, the Wall Street Journal reported, citing people familiar with the matter.
Keurig recalls 7.2 million single-serve brewers, stock falls
(Reuters) - Keurig Green Mountain Inc said on Tuesday it was recalling about 7.2 million single-serve brewing machines because they could overheat and spray hot liquids on users.
Family Dollar adjourns shareholder meeting on Dollar Tree deal
(Reuters) - Family Dollar Inc shareholders voted not to proceed with a vote on an agreed takeover by Dollar Tree Inc in the face of a higher hostile bid from Dollar General Corp .
Argentina loses U.S. appeal over creditors' subpoenas
NEW YORK (Reuters) - A U.S. appeals court on Tuesday rejected Argentina's bid to reverse a decision requiring the country and various banks to provide holdout creditors with information about the country's assets, including military equipment and diplomatic property.
Standard Chartered replaces long-time advisor UBS with Bank of America
LONDON (Reuters) - Standard Chartered has replaced UBS as one of its corporate advisors as it attempts to improve its relationship with major shareholders.
Stock swings may signal bull run is in its last throes
LONDON (Reuters) - Stocks are showing the kind of volatility that preceded major falls in the past, suggesting to some that one of the most blistering U.S. rallies on record may be nearing its end.
SEC's new investor watchdog lays out risky products for 2014
WASHINGTON (Reuters) - The U.S. securities investor watchdog office on Tuesday unveiled its list of the top products and practices that bedeviled mom and pop investors in 2014.
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