BP may sell German gas stations for $2.6 billion (Reuters)

Reuters – BP Plc is seeking to sell its German petrol station chain Aral for around 2 billion euros ($2.6 billion), German magazine Wirtschaftswoche reported on Saturday, citing investment bankers familiar with BP’s plans.

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BP may sell German gas stations for $2.6 billion
(Reuters)

Jobs data, earnings latest test for stocks (Reuters)

Reuters – U.S. stocks are unlikely to break above a key technical level next week unless monthly jobs data and consumer company results paint a more promising picture of the recovery.

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Jobs data, earnings latest test for stocks
(Reuters)

Imports slow Q2 growth as business spending surges (Reuters)

Reuters – U.S. economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer spending eased, raising concerns about the recovery in the rest of 2010.

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Imports slow Q2 growth as business spending surges
(Reuters)

Wall Street marks best month in a year in July (Reuters)

Reuters – U.S. stocks closed little changed on Friday, but Wall Street wrapped up its best month in a year after the earnings season rounded the final turn with a group of strong results that offset the impact of poor economic data

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Wall Street marks best month in a year in July
(Reuters)

Cuomo widens insurer probe with 6 more subpoenas (Reuters)

Reuters – New York Attorney General Andrew Cuomo has subpoenaed six more insurers as the state widens a probe into whether life insurance companies have defrauded families of deceased members of the military.

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Cuomo widens insurer probe with 6 more subpoenas
(Reuters)

SEC accuses Dallas investors of insider trading (AP)

AP – Sam and Charles Wyly, Dallas billionaire investors known for their support of conservative candidates and causes, made $550 million in undisclosed profits through 13 years of insider trading, according to a Securities and Exchange Commission lawsuit filed Thursday.

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SEC accuses Dallas investors of insider trading
(AP)

SEC charges Wyly brothers with $550 million fraud (Reuters)

Reuters – The Securities and Exchange Commission charged billionaire Samuel Wyly and his brother Charles with fraud for reaping more than $550 million of illicit gains by trading stock in four companies while they were serving as directors.

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SEC charges Wyly brothers with $550 million fraud
(Reuters)

Citigroup to pay $75 million to settle SEC charges (Reuters)

Reuters – Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday.

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Citigroup to pay $75 million to settle SEC charges
(Reuters)

MetLife posts Q2 earnings of $1.5 billion, beating Street (Reuters)

Reuters – MetLife Inc , the biggest U.S. life insurance company, posted a second-quarter profit of $1.53 billion, helped by higher premium revenue from sales domestically and abroad.

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MetLife posts Q2 earnings of $1.5 billion, beating Street
(Reuters)

Wall St falls on tech outlook worries (Reuters)

Reuters – U.S.

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Wall St falls on tech outlook worries
(Reuters)

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