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  • US STOCKS-Wall St falls amid Greece worries, China tumble Thursday, 28 May 2015 | 10:10 AM ET

    *Avago rises after agreeing to buy Broadcom for $37 bln. *Abercrombie& Fitch rises after positive forecast. European officials downplayed talk that Greece and its lenders were drafting an agreement that would provide Athens much-needed debt relief.

  • NEW YORK— U.S. stocks fell slightly Thursday, following a sell-off in the Chinese market and continued worries about the approaching debt payment deadline for cash-starved Greece. In corporate news, chipmakers Avago Technologies and Broadcom agreed to merge in a $37 billion deal. Both stocks had jumped sharply Wednesday— Broadcom by 22 percent and Avago by 8...

  • *Avago rises after agreeing to buy Broadcom for $37 bln. *Abercrombie& Fitch rises after positive forecast. Initial claims for state unemployment benefits rose by 7,000 to a seasonally adjusted 282,000 for the week ended May 23, the Labor Department said on Thursday.

  • US STOCKS-Futures edge lower as Greece worries weigh Thursday, 28 May 2015 | 7:24 AM ET

    May 28- U.S. stock index futures were lower on Thursday, weighed down by concerns about Greece's ability to strike a deal with its creditors. *European officials downplayed talk that Greece and its lenders were drafting an agreement that would provide Athens much-needed debt relief. *Broadcom shares rose 0.85 percent to $57.64 in premarket trading after Avago...

  • Share markets in China, Hong Kong, Australia skid. LONDON, May 28- The dollar took a breather on Thursday after hitting its highest level against the yen since 2002, and stocks stuttered as high-flying Chinese shares tumbled and European officials downplayed talk of an imminent deal to keep Greece afloat. Commodity markets rebounded as the dollar's momentum...

  • Italy will sell five-, 10- and 17- year bonds and while the sales are expected to be taken down smoothly, some strategists said a lack of clarity over Greece may see jittery post-auction trading. Lower-rated euro zone bonds had rallied Wednesday after Greek officials spoke optimistically of reaching a cash-for-reforms deal, with economy minister George...

  • *Share markets in China, Hong Kong, Australia skid. *Uncertainty on Greece keeps investors hopeful but wary. TOKYO, May 28- An index of Asian shares fell on Thursday as the Chinese, Hong Kong and Australian markets slipped, while the dollar scaled its highest level against the yen since 2002 on expectations the U.S.

  • TOKYO— Chinese shares dived Thursday after big gains in the past three months and other global stock markets were mostly lower as a deadline neared for cash-starved Greece to make a debt payment. In Europe, France's CAC 40 slipped 0.5 percent to 5,155.42 and Germany's DAX lost 0.4 percent to 11,725.46. Britain's FTSE 100 inched up 0.2 percent to 7,046.80.

  • *Vague hopes of deal for Greece underpin shares. *Investors still cautious amid uncertainty on Greece. TOKYO, May 28- Asian shares edged up on Thursday on vague hopes of a rescue deal for Greece while the dollar was at the helm in currency markets on expectations that the U.S.

  • Tiffany and Michael Kors are big market movers Wednesday, 27 May 2015 | 4:34 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. Tiffany& Co., up $9.01 to $94.54. Michael Kors Holdings Ltd., down $14.66 to $45.93.

  • NEW YORK, May 27- European stocks lead major markets higher on Wednesday and the euro edged up on signs, later dismissed, that Greece and its creditors were drafting an agreement that would provide Athens much-needed debt relief. Greece's government said it is starting to draft an agreement with creditors including the European Union and the International...

  • LONDON, May 27- European shares rebounded on Wednesday from a one-week low the day before, supported by the prospect of an accord between Greece and its creditors. The FTSEurofirst 300 index of top European shares closed 1.3 percent up at 1,622.96 points, a rebound that accelerated on reports of staff-level agreement between Greece and its creditors, traders...

  • NEW YORK, May 27- The euro stabilized in volatile trading and stocks rose on Wednesday after reports that Greece and its creditors, including the European Union and IMF, had reached an agreement that will provide debt relief to the struggling nation. The agreement between Greece and the Brussels Group, comprised of major creditors that include the EU and...

  • LONDON, May 27- Yields on Greek bonds fell and European shares extended their gains on Wednesday on the prospect of an accord between Greece and its creditors. A Greek government official told Reuters that the Brussels group of Athens' official creditors had started procedures to draw up a staff-level agreement. Greek 10- year government bond yields fell 42 bps...

  • *Michael Kors slumps on weak sales, weighs on rivals. The strong dollar, which means that U.S. companies earn less when sales abroad are brought back, and concerns about Greece has weighed heavily on Wall Street. "The market seems to be in a relief rally and looks like its catching its breath after yesterday's selloff," said Peter Cardillo, chief market economist at...

  • US STOCKS-Futures edge higher after dollar rally subsides Wednesday, 27 May 2015 | 7:41 AM ET

    May 27- U.S. stock index futures were higher on Wednesday as the dollar retreated from its largest gain in two years and as worries about Greece receded. *Greece and its European creditors have also played down fears that Athens would default on a payment to the International Monetary Fund next week. *Michael Kors Holdings fell 11 percent to $53.92 after the...

  • LONDON, May 27- European shares rebounded from a one-week low on Wednesday, with the construction and materials sector leading the market higher after Holcim and Lafarge agreed with CRH on their divestment plans. The STOXX Europe 600 Construction and Materials index rose 0.6 percent after cement firms Holcim and Lafarge said they had reached a binding...

  • Asia stocks uneven as Greece deadline looms, Tokyo gains Wednesday, 27 May 2015 | 2:58 AM ET

    Investors remain focused on Greece's debt problems. MERGER APPROVAL: Tobacco companies Lorillard and Reynolds American rose after the Federal Trade Commission gave its tacit approval to the companies' $27.4 billion merger. Lorillard, maker of Newport cigarettes, was up 84 cents, or 1.1 percent, to $72.96.

  • *Signs of Greek woes spreading to Spain dent risk appetite. TOKYO, May 27- Asian stocks sagged and the dollar stood tall on Wednesday on growing prospects the Federal Reserve was on track to raise interest rates later this year and concerns that financial woes could engulf Spain in addition to Greece. Spreadbetters expected a modestly higher open for Britain's...

  • *Signs of Greek woes spreading to Spain dent risk appetite. TOKYO, May 27- Asian stocks sagged and the dollar stood tall on Wednesday on growing prospects the Federal Reserve was on track to raise interest rates later this year and concerns that financial woes could engulf Spain in addition to Greece. Taking a lead from Wall Street's slide, MSCI's broadest index of...