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Stocks plunge more than 2% for week on earnings, global growth concerns

U.S. stocks closed about 1 percent lower, despite surprisingly strong Amazon earnings, as signs of slower global growth weighed on sentiment.
Source: CNBC.com | By: Evelyn Cheng
Facebook defeats shareholder litigation over IPO

An appeals court upheld the dismissal of litigation by Facebook shareholders who accused the firm of deceiving them about its growth prospects.
Source: Reuters
22 banks accused of Treasury auction manipulation

Twenty-two financial companies that have served as primary dealers of U.S. Treasury securities were sued in federal court on Thursday.
Source: Reuters
Copper faces long bear market: Goldman

Copper is headed for a seven-year-long bear market cycle, Goldman Sachs said in a report Wednesday, slashing its medium to long-term.
Source: CNBC.com | By: Aza Wee Sile
METALS-London copper recovers from veer towards six-year lows

MELBOURNE, July 23- London copper rose on Thursday as shorts rushed to cover positions in a volatile session, after a bearish call by Goldman Sachs had earlier sent the metal to its lowest in a fortnight and veering towards six-year lows. Goldman Sachs substantially cuts its price outlook for copper on the basis of forecasts for slower Chinese demand growth and...
Source: Reuters | By: Melanie Burton
METALS-London copper topples towards six year low as GS cuts outlook

MELBOURNE, July 23- London copper slid towards six-year lows on Thursday after Goldman Sachs issued a bearish call for copper prices based on lower demand for China and better than anticipated supply. *Shanghai Futures Exchange copper dropped 2.1 percent to 38,820 yuan a tonne. *Goldman Sachs on Wednesday substantially lowered its outlook for copper prices on...
Source: Reuters
Clinton rakes in Wall Street cash amid tough talk

Already among the top donors to Hillary Clinton's political career, megabank employees have funneled big money into her campaign.
Source: CNBC.com | By: Jacob Pramuk
Banks back rival to Bloomberg messaging system

A messaging service for business is being launched by some of the world's biggest banks in a bid to challenge Bloomberg's dominance of the market.
Source: Financial Times | By: Ben McLannahan
US oil ends at $50.15 a barrel; lowest since April

Oil prices slipped on Monday, despite data showing a sharp drop in Saudi Arabia's crude oil exports.
Source: Reuters
Morgan Stanley earnings, revenue top estimates

Morgan Stanley delivered quarterly earnings and revenue that topped analysts' expectations on Monday.
Source: CNBC.com | By: Fred Imbert