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  • Man looks at an electronic board displaying Japan's Nikkei average and various countries' stock indices outside a brokerage in TokyoChina PMI as predicted, Aussie drops after data

    SYDNEY/SINGAPORE (Reuters) - Asian stock markets were little moved on Wednesday after a Chinese manufacturing survey met expectations, but the Australian dollar plunged to a two-week low after data showed surprisingly low inflation in that country's economy.

  • A worker walks past a steel factory in BeijingChina factory activity shrinks for fourth month

    BEIJING (Reuters) - China's factory activity shrank for the fourth straight month in April, signaling economic weakness into the second quarter, a preliminary survey showed on Wednesday, although the pace of decline eased helped by policy steps to arrest the slowdown.

  • A sample of Botox is seen at the Long Island Plastic Surgical Group at the Americana Manhasset luxury shopping destination in ManhassetValeant, Ackman offer to buy Botox maker Allergan for $47 billion

    (Reuters) - Canada's Valeant Pharmaceuticals International Inc said on Tuesday it and activist investor Bill Ackman made an unsolicited $47 billion bid to buy Botox maker Allergan Inc as it seeks to become one of the world's five biggest drug companies.

  • An engineer shows the ignition assembly which has a faulty 2005 ignition switch in a file photo.GM seeks U.S. court protection against ignition lawsuits

    (Reuters) - General Motors Co filed a motion in a U.S. court to enforce a bar on lawsuits stemming from ignition defects in cars sold before its 2009 bankruptcy as it fights proposed class action litigation that seeks to set aside the restriction.

  • A man stands on a skateboard outside a Wal-Mart store in WillistonWal-Mart to report how compliance targets impacted executive pay: WSJ

    (Reuters) - Wal-Mart Stores Inc <WMT.N> is set to report as soon as Wednesday on how its executives performed on their goals to overhaul compliance operations and how that affected their pay, the Wall Street Journal reported.

  • CN, CP Rail profits could leave sour taste for farmers

    (Reuters) - Canada's two largest railroads reported stronger-than-expected profits on Tuesday, results that could prompt fresh criticism from farmers already unhappy with the handling of a massive crop backlog during one of the harshest winters in decades.

  • A Comcast sign is shown on the side of a vehicle in San FranciscoComcast nears deal with Charter on $18-$20 billion in divestitures: source

    (Reuters) - Comcast may divest about 4 million subscribers after its merger with Time Warner Cable and is working to reach an accord to sell a portion of those customers to Charter Communications, a source familiar with the matter said Tuesday.

  • The AT&T logo is pictured by its store in Carlsbad, CaliforniaAT&T ups revenue growth forecast on new pricing model

    NEW YORK (Reuters) - AT&T Inc on Tuesday raised its forecast for full-year revenue growth to reflect its acquisition of LEAP wireless in March and the popularity of a new handset pricing model that charges customers for devices separately from their wireless plans.

  • A woman walks past a banner with the logo of Juniper Networks Inc. covering the facade of the New York Stock ExchangeJuniper's revenue rises as telecom clients ramp up networks

    (Reuters) - Network gear maker Juniper Networks Inc <JNPR.N> reported a higher-than-expected 10 percent rise in quarterly revenue as U.S. telecom carriers spent more to ramp up their networks to manage increasing data traffic on smartphones and tablets.

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