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China central bank: we want 'healthy' stock market

China's central bank said on Friday it wants to see a "healthy" stock market.
Source: Reuters
UPDATE 2-Panama awards $2 bln subway job to Odebrecht, FCC Construcciones

PANAMA CITY, May 29- Panama on Friday awarded a nearly $2 billion contract to build a new subway line in the capital to a consortium that includes Brazilian conglomerate Odebrecht and Spanish construction firm FCC Construcciones. Panama's office of public contracts awarded the contract after having decided earlier this month that the Odebrecht-FCC...
Source: Reuters | By: Elida Moreno
Battle over ownership of giant emerald may be over

Los Angeles County Superior Court Judge Michael Johnson tentatively ruled on Thursday that FM Holdings Inc. had established clear title to the Brazilian gem, which has been appraised at $372 million. Unless other parties object, the ruling will become final, then a judgment will be submitted and Johnson will sign off on it, said Andrew J. Spielberger, an attorney...
Source: The Associated Press
Trade management 101: Oil & GOOGL  

A willing oil trade. Why aren't oil stocks rallying? And a bullish trade on Google. With CNBC's Melissa Lee and the Options Action traders.
Source: CNBC.com
Big auto deals coming?  

Deal chatter heats up, as autos look to shift into high gear, with CNBC's Melissa Lee and the Options Action traders.
Source: CNBC.com
Biotech breakout coming?  

Biotech stocks near their record highs. Is there a biotech breakout ahead? And is it too late to buy in? With CNBC's Melissa Lee and the Options Action traders.
Source: CNBC.com
Dollar Tree will sell 330 stores to private equity firm

NEW YORK- Dollar Tree said Friday that it has agreed to sell 330 of its stores to the private equity firm Sycamore Partners in order to get regulatory approval for its $8.5 billion purchase of Family Dollar. The Federal Trade Commission required Dollar Tree to sell the stores before it would sign off on the Family Dollar acquisition. Dollar Tree prices all items...
Source: The Associated Press
SAFT ON WEALTH-The power of the fear of missing out

There are two markets right now which show meaningful signs of attracting capital in substantial part because of this fear: China's stock market and Silicon Valley's unicorn factory. In China, which is enjoying a vertiginous market ride upwards, money is flowing into stocks in part because investors believe the authorities' want' a bull market and in part...
Source: Reuters | By: James Saft
This CEO will pay for your kid's education  

Boxed CEO, Chieh Huang, says he is going to pay for the college tuition of all his employees' children. The Closing Bell panel discusses what's behind this move.
Source: CNBC.com
Why don't more Americans use this key to college?

Assets in 529 college savings plan are near record highs and lawmakers want to expand the plans' tax benefits, but college costs keep rising.
Source: CNBC.com | By: Tom Anderson