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John Rogers, President and CEO of CFA talks the importance of creating a professional standard in the financial industry.
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*Slovenia sells more than twice amount planned in T-bills. LJUBLJANA, April 17- Slovenia, struggling to avoid becoming the euro zone's next bailout case after Cyprus, raised more than twice as much as planned in a treasury bill tender on Wednesday aimed at easing pressure on its finances.
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*Bank of America falls after earnings. Yahoo Inc shed 1.8 percent to $23.36 in premarket trade after the Internet company's first quarter revenue fell shy of expectations as declining traffic to its Web properties and falling display advertising sales continue to weigh on the company.
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*EPS 20 cents vs Street view 22 cents. April 17- Bank of America Corp reported a lower-than-expected first-quarter profit and its revenue fell, sending the No. 2 U.S. bank's shares down 3 percent before the bell on Wednesday.
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*Slovenia sells more than twice amount planned in T-bills. LJUBLJANA, April 17- Slovenia, struggling to avoid becoming the euro zone's next bailout case after Cyprus, raised more than twice as much as planned in a treasury bill tender on Wednesday aimed at easing pressure on its finances.
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April 17- Medical device maker St. Jude Medical Inc said on Wednesday its quarterly earnings rose as expenses fell. First-quarter net earnings were $222 million, or 78 cents per diluted share, compared with $212 million, or 67 cents per diluted share, in the year ago period.
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First-quarter net earnings were $222 million, or 78 cents per diluted share, compared with $212 million, or 67 cents per diluted share, in the year ago period.
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*EPS 20 cents vs Street view 22 cents. April 17- Bank of America Corp reported a lower-than-expected first-quarter profit and its revenue fell, sending the No. 2 U.S. bank's shares down 3 percent before the bell on Wednesday.
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*Earnings per share of 11 cents exceed 9- cent Wall Street view. April 16- No. 1 toymaker Mattel Inc reported stronger-than-expected first-quarter results, helped by tight cost controls and increased demand for American Girl and Monster High dolls.
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Harvard economists Carmen Reinhart and Kenneth Rogoff have admitted that they made a wrong calculation with their influential economic research paper in 2010.
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LJUBLJANA, April 17- Euro zone member Slovenia, struggling to avoid becoming the currency bloc's next bailout case after Cyprus, will attempt an early rollover of debt on Wednesday to calm markets and ease pressure on its finances.
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*Profit $2.19 bln vs $2.07 bln a year earlier. *Per-share profit $4.29 vs Street view $3.88. April 16- Goldman Sachs Group Inc said revenue from trading bonds with clients fell 7 percent in the first quarter, raising questions about the health of the bank's biggest money maker and the prospects for fixed-income trading profits on Wall Street.
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*Gold prices rebound a day after massive selloff. NEW YORK, April 16- U.S. stocks jumped more than 1 percent on Tuesday, a day after their worst decline since November, as gold prices rebounded and earnings from Coca-Cola and Johnson& Johnson improved the outlook for first-quarter results.
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April 16- CSX Corp, the No. 2 U.S. railroad, said on Tuesday that quarterly profit rose as it cut expenses and saw shipment volumes of some merchandise rise, helping the company fight a still-weak coal business. The company, second to Union Pacific in the industry, said it cut expenses by $27 million, mostly as it managed overtime and training costs better.
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*Gold prices rebound a day after massive selloff. NEW YORK, April 16- U.S. stocks jumped more than 1 percent on Tuesday, a day after their worst decline since November, as gold prices rebounded and earnings from Coca-Cola and Johnson& Johnson improved the outlook for first-quarter results.
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SAN FRANCISCO, April 16- Yahoo Inc's net revenue in the first quarter was flat year-on-year, as the Internet company's display advertising business experienced declining revenue for the second quarter in a row.
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April 16- CSX Corp, the No. 2 U.S. railroad, posted a higher quarterly profit as strong business in merchandise and intermodal helped offset its struggles with the coal business. CSX earned $459 million, or 45 cents a share, in the first quarter, on revenue of nearly $3 billion. Last year, the company earned $449 million, or 43 cents a share.
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NEW YORK, April 16- U.S. stocks jumped more than 1 percent on Tuesday, a day after their worst decline since November, as gold prices rebounded and earnings from Coca-Cola and Johnson& Johnson improved the outlook for first-quarter results. The Dow Jones industrial average shot up 157.58 points, or 1.08 percent, to end unofficially at 14,756.78.
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*Gold prices rebound a day after massive selloff. NEW YORK, April 16- U.S. stocks advanced on Tuesday, a day after their worst decline since November, as gold prices rebounded and earnings from Coca-Cola and Johnson& Johnson improved the outlook for first-quarter results. U.S.-listed shares of Randgold Resources climbed 1.8 percent to $70.29.
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Bank of America reported first-quarter earnings on Wednesday that fell short of Street's expectations, sending shares lower in pre-market trading.
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April 16- TD Ameritrade Holding Corp, the biggest U.S. discount brokerage by client trading volume, said on Tuesday that continued double-digit growth in client assets helped its quarterly profit rise 5.1 percent.