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Facebook Inc. shares rallied on Wednesday, trading above $70 for the first time in four months ahead of the social network's second-quarter report. Facebook was last up 2% at $70.69. The Menlo Park, Calif.-based technology… Read More
The International Monetary Fund on Wednesday trimmed its forecast for U.S. economic growth to 1.7% from 2% due to unexpected weakness in the first quarter. At the same time, the IMF said U.S. growth would pick up above 3%… Read More
Shares of Xilinx Inc. continued falling Wednesday, shedding more than 14% to become the worst performer on the S&P 500. BMO Capital downgraded the chip-maker's stock to market perform from outperform, and slashed its price… Read More
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