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Tech stock correction stirs growth vs. value debate

With S&P 500 information technology services (CME:Index and Options Market: .SPLRCTEHW) stocks trading down more than 3 percent year to date after a volatile downturn in August, some household names have fared better than others. Shares of Microsoft (NASDAQ: MSFT) are trading more than 6 percent lower, IBM (NYSE: IBM) has seen an almost 8 percent decline, and shares of Qualcomm (NASDAQ: QCOM) ...
Source: CNBC.com | By: Anita Balakrishnan
TREASURIES-Prices slip after oil rally triggers inflation fears

* Fears of higher inflation hurt longer-dated Treasuries * Fed Vice Chair comments weigh on short-dated notes * Month-end buying caps short-dated note losses (Updates prices, adds comments) NEW YORK, Aug 31 (Reuters) - Longer-dated U.S. Treasuries prices fell on Monday after lower U.S. oil production and OPEC's readiness to talk with other producers heightened inflation fears, while weekend ...
Source: Reuters | By: Sam Forgione
European shares slide to worst monthly performance since August 2011

* FTSEurofirst down 0.2 pct, worst month since Aug. 2011 * UK stock market closed for holiday * ENI rises after gas field discovery off Egypt * Europe bourses in 2015: http://link.reuters.com/pap87v * Asset performance in 2015: http://link.reuters.com/gap87v LONDON, Aug 31 (Reuters) - European shares suffered their worst monthly performance in four years on Monday, as concerns over a Chinese ...
Source: Reuters | By: Sudip Kar-Gupta
European shares drop lower, set for weakest month since August 2011

* Euro STOXX 50, DAX, CAC all down about 1 pct * UK stock market closed for holiday * FTSEurofirst set for weakest month since 2011 * ENI rises after gas field discovery off Egypt LONDON, Aug 31 (Reuters) - European shares fell on Monday, with Germany's DAX and France's CAC on track for their weakest month for four years, hit by sliding Chinese stocks and prospects of a near-term U.S. interest ...
Source: Reuters | By: Atul Prakash
Cramer's Mad Dash: UTX & PLNT  

Media Link Transcript Now about eight minutes for the opening balance the graver mad dash to the market overly talk about upgrades doesn't agree. This isn't and this is again emblematic of where we are Barclays takes United Technologies GAAP. Because they cut the price of 13100. Now this stock OK right euros reflected a lot of positives what year the stock was in the mid eighties last week. I ...
Source: CNBC.com
European shares dip, set for weakest month since August 2011

* Euro STOXX 50, DAX, CAC all down about 1 pct * UK stock market closed for holiday * FTSEurofirst look set for weakest month since 2011 * ENI rises after gas field discovery off Egypt LONDON, Aug 31 (Reuters) - European shares fell on Monday, with Germany's DAX and France's CAC on track for their weakest month for four years, hit by sliding Chinese stocks and prospects of a near-term U.S. ...
Source: Reuters | By: Atul Prakash
Austria inspects trucks for migrants, creates 18-mile backup

BUDAPEST, Hungary (AP) - Austria stepped up vehicle inspections Monday at its Hungarian border after 71 migrants apparently suffocated in a truck, creating a huge traffic jam on the main Budapest-Vienna highway. In addition to the gridlock at the Hegyeshalom border crossing - about a 30-kilometer (18 1/2-mile) backup at its peak - traffic was slower than usual at other spots along the ...
Source: The Associated Press
EXCLUSIVE-Citi aims to boost equities franchise amid industry shakeout

NEW YORK, Aug 31 (Reuters) - Citigroup plans to rebuild its long-neglected equities franchise seeking to capitalize on a retrenchment by rivals in the face of new rules designed to make the financial system less risky, according people familiar with the bank's plans. A lack of investment in equities and a traditional focus on bond trading kept the No. 3 U.S. bank by assets in the lower ...
Source: Reuters | By: John McCrank and Olivia Oran
India's latest GDP data could give Modi a boost

For investors worried about the health of emerging economies, India's gross domestic product data for April-June should supply some cheer on Monday - the country is expected to remain the fastest growing major economy for a second straight quarter. The median estimate from a Reuters poll of economists put GDP annual growth at 7.4 percent in the quarter, just below 7.5 percent in January-March. ...
Source: Reuters
Indian economy offers hope as China struggles

NEW DELHI, Aug 31 (Reuters) - For investors worried about the health of emerging economies, India's gross domestic product data for April-June should supply some cheer on Monday - the country is expected to remain the fastest growing major economy for a second straight quarter. The median estimate from a Reuters poll of economists put GDP annual growth at 7.4 percent in the quarter, just below ...
Source: Reuters | By: Rajesh Kumar Singh