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Mike McCann, Prudential Fox & Roach Realtors, weighs in on the Philadelphia housing market.
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May 13- Michigan's biggest city is "clearly insolvent" and needs to restructure its debt and renegotiate its labor contracts to address its problems, Detroit's emergency financial manager said on Monday.
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*Core U.S. retail sales rise 0.5 percent in April. *Yum Brands falls as monthly Chinese sales drop. NEW YORK, May 13- U.S. stocks were mostly flat on Monday as investors paused following a rally that took indexes to record highs, though a strong read on retail sales limited declines and the Nasdaq ticked up on a rally in Netflix.
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LOS ANGELES, May 12- Disney's ABC network will become the first broadcast network to stream its shows live online through an ongoing service, starting with viewers of its TV stations in New York and Philadelphia on May 14 and expanding to its other stations by the end of the summer.
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NEW YORK, May 8- When Barbara Grover and her husband received an inheritance they were not expecting five years ago, they planned a luxurious family trip. Rather than plowing the money back into retirement savings, the Grovers took their two daughters as well as their spouses and children along on an eight-day safari in Tanzania.
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May 3- Following is some company-related and market news that could affect the Taiwan stock market. >Microsoft goes mainstream to win phone share. TAIWAN ADRS COMPANY RIC PCT CHANGE TSMC +2.20 UMC -0.53 Advanced Semi Engineering +0.69 AU Optronics -9.20 Chunghwa Telecom +0.88 Siliconware -2.34 Philadelphia semicon index +1.38.
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April 30- Following is some company-related and markets news that may affect the Taiwan stock market. REUTERS HEADLINES> Taiwan Q1 growth seen slowing. >AU Optronics executive sentenced for price-fixing> Alibaba to invest in Weibo.
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Meritor made claims on heavy truck transmissions. Meritor, a joint venture of Meritor Inc, indirect subsidiary Meritor Transmission Corp and Z.F. Friedrichshafen AG, had said Eaton violated antitrust laws by giving loyalty discounts in the form of rebates to truck makers who bought more than a certain percentage of parts from Eaton.
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Meritor, a joint venture of Meritor Inc, indirect subsidiary Meritor Transmission Corp and Z.F. Friedrichshafen AG, had said Eaton violated antitrust laws via its exclusive deals with truck manufacturers.
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Meritor, a joint venture of Meritor Inc, indirect subsidiary Meritor Transmission Corp and Z.F. Friedrichshafen AG, had said Eaton violated antitrust laws via its exclusive deals with truck manufacturers.
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US companies have easily beaten expectations for first-quarter earnings so far, but analysts don't expect the rest of the season to be as robust.
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NEW YORK, April 28- U.S. companies have easily beaten expectations for first-quarter earnings so far in the reporting season, but nearly half of the members of the S&P 500 are yet to announce results and they are unlikely to be as robust.
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ORLANDO, Fla., April 26- Representatives of a national organization of mothers were prevented on Thursday from delivering a petition to Walt Disney World accusing it of trying to block laws that would require companies to provide paid sick leave for employees.
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*Boeing rallies after results, offsets Dow and S&P losses. NEW YORK, April 24- U.S. stocks edged lower on Wednesday as weaker-than-expected economic data and disappointing earnings, including some from the biggest corporate names, overshadowed a rally in Boeing shares.
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Russell Golden, 42, was named chairman of the seven-member U.S. Financial Accounting Standards Board by its parent organization, the Financial Accounting Foundation. A former FASB staff member and a former partner at accounting giant Deloitte& Touche LLP, Golden will replace Leslie Seidman, whose term as chair expires at the end of June.
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*U.S., China, Germany factory data stoke growth concerns. Tuesday's data from the United States, China and Germany showed manufacturing activity either contracted or slowed in April, stoking worries of a deterioration in global demand in the second quarter for a third straight year. "
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NEW YORK, April 22- The dollar slipped against the Japanese yen on Monday but remained within a hair's breadth of the key 100 level while global equities erased earlier losses as Wall Street attempted a rebound after its worst weekly decline this year.
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*Halliburton and Caterpillar rise after results. Caterpillar Inc and Halliburton ranked among the S&P 500' s biggest gainers after reporting results. Caterpillar's stock gained 2.6 percent to $82.55.
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*Halliburton rallies after results, Caterpillar up modestly. General Electric Co and McDonald's Corp both fell for a fourth straight day, extending declines from Friday, when both Dow components reported lackluster results. McDonald's lost 1.2 percent to $98.66 in midday trading on Monday.
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*Gold jumps over 2 pct, rebounding from last week's tumble. On Wall Street, blue chip stocks like General Electric Co and McDonald's Corp both fell for a fourth straight day, extending declines from Friday.
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New York's LaGuardia and John F. Kennedy airports reported delays of more than an hour, and Philadelphia international airport also reported delays due to furloughs, the FAA said.