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Reuters Finance & Stock Market News

UPDATE 3-AbbVie profit beats estimates on surging Humira sales

(Adds details on tax rate, updates shares)By Ransdell PiersonJuly 25 (Reuters) - AbbVie Inc, which last week
[12 Minutes Ago]

EXCLUSIVE-Exxon eyes expanding Texas refinery into biggest in U.S. -sources

* Targets exports of fuel to foreign markets* Total size could be up to 800,000 bpd* First major U.S. refinery project since shale boom
[20 Minutes Ago]

UK's fraud office settles Vincent Tchenguiz claims

(Adds details, background, comment from Vincent and Robert
[41 Minutes Ago]

UPDATE 2-Citigroup unit to pay $5 million to settle U.S. SEC charges

(Adds more background, comments from Citigroup)By Sarah N. Lynch and John McCrankJuly 25 (Reuters) - A private trading venue owned by
[44 Minutes Ago]

Destination Maternity gives up chase for UK's Mothercare

July 25 (Reuters) - U.S. baby product retailer Destination
[55 Minutes Ago]

M&S appoints Tesco Internet executive as IT director

LONDON, July 25 (Reuters) - Britain's Marks & Spencer
[1 Hour Ago]

UPDATE 4-Carillion in talks with Balfour Beatty on 3 bln pound merger

* Carillion and Balfour shares jump* Biggest gainers on FTSE 250 index* Potential merger worth 3 billion pounds
[1 Hour Ago]

Lloyds bill for mis-selling insurance to top 10 bln stg -analysts

* Analysts expect Lloyds to set aside another 500 mln stg* Provision would take total to 10.3 bln stg* Lloyds expected to report 20 pct rise in H1 profitBy Matt ScuffhamLONDON, July 24 (Reuters) - Lloyds Banking Group is
[1 Hour Ago]

European shares hit by weak German data and LVMH

* FTSEurofirst 300 ends down 0.7 pct at 1,372.11 points* Weak German Ifo reading weighs on DAX* LVMH slumps after below-forecast Q2 results* DAX down 1.5 pct, CAC falls 1.8 pctBy Sudip Kar-GuptaLONDON, July 25 (Reuters) - Weak German economic data and a
[1 Hour Ago]

UPDATE 5-BSkyB to pay $9 billion to create Sky Europe

* New company will have 20 million customers* Will pay in cash, debt, TV stake, share placing* Murdoch likely to use proceeds to pursue Time Warner* Risks seen in creation of "Sky Europe"* BSkyB shares fall 5 pct
[1 Hour Ago]

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