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Fixing GDP calculations  

CNBC's Steve Liesman takes a look at how U.S. economic growth is measured and why changes are likely after "issues" surface about the data.
Source: CNBC.com
Inflation is coming, 5 trades: Smart Money Friday

Here's the best research calls from top Wall Street firms Friday.
Source: CNBC.com | By: John Melloy
UPDATE 2-Game maker Activision Blizzard raises forecast as digital sales grow

May 6- Videogame maker Activision Blizzard Inc raised its full-year profit and revenue forecasts and reported better-than-expected quarterly results, helped by growth in its high-margin digital business. Revenue from Activision Blizzard's digital business rose 53.3 percent in the first quarter ended March 31 from a year earlier, helped by robust online...
Source: Reuters | By: Subrat Patnaik and Anya George Tharakan
UPDATE 1-Videogame maker Activision Blizzard raises full-year forecast

May 6- Videogame maker Activision Blizzard Inc raised its full-year profit and revenue forecasts and posted better-than-expected results for the first quarter, helped by growth in its high-margin digital business. The company also raised its full-year adjusted revenue forecast to $4.43 billion from $4.40 billion earlier. The company also forecast an...
Source: Reuters
US STOCKS-Wall St moves lower after Yellen says equity valuations high

*Private employers add fewest jobs since Jan 2014. May 6- U.S. stocks moved lower in morning trading on Wednesday after U.S. Federal Reserve Chair Janet Yellen said equity valuations are "generally quite high," and warned of potential dangers.
Source: Reuters | By: Tanya Agrawal
US STOCKS-Wall St gives up initial gains as weak private job data weighs

*Private employers add fewest jobs since Jan 2014. MoneyGram and Synageva soar on buyout offers. "This is certainly going to change expectations for Friday's numbers," said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.
Source: Reuters
US STOCKS-Wall St set to open up as investors shrug off weak jobs data

*MoneyGram and Synageva soar on buyout offers. May 6- Wall Street was set to open higher on Wednesday as investors focused on healthy corporate earnings reports and a revival in dealmaking, shrugging off a rout in the global bond market and weaker-than-expected U.S. private jobs data. "This is certainly going to change expectations for Friday's numbers," said Joe...
Source: Reuters | By: Tanya Agrawal
Early movers: GEVA, MGI, JPM, WEN, NWSA & more

These are the stocks posting the largest moves before the bell.
Source: CNBC.com | By: Peter Schacknow
4 trades on tech, entertainment movers

"Fast Money" traders discussed how to play headlines from big names including Salesforce.com, Disney and Facebook.
Source: CNBC.com | By: Jacob Pramuk
UPDATE 2-Game publisher EA's profit, revenue trump estimates

*Forecasts full-year adj profit $2.75/ shr vs est $2.64. May 5- Video game publisher Electronic Arts Inc, known for titles such as "FIFA" and "Madden NFL", posted better-than-expected quarterly earnings and revenue on Tuesday, helped by strong digital sales and the release of "Battlefield Hardline". EA forecast an adjusted profit of $2.75 per share for the year ending...
Source: Reuters | By: Subrat Patnaik and Sai Sachin R