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More pain ahead for Toll Bros and other homebuilders (Reuters)

Reuters - Amid the United States housing market’s faltering recovery, investors are bracing for more bad news from Toll Brothers Inc and for housing in general when the biggest luxury builder reports quarterly earnings on Wednesday.

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More pain ahead for Toll Bros and other homebuilders
(Reuters)

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Washington Post shares off, Kaplan faces scrutiny (AP)

AP - Washington Post Co. shares fell almost 7 percent Friday as a cloud of uncertainty gathered over its biggest revenue and profit driver: the Kaplan education business

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Washington Post shares off, Kaplan faces scrutiny
(AP)

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BP stock gains ground, but major resistance looms (Reuters)

Reuters - Shares in BP rose 1.2 percent in London on Friday, taking their bounce since the near 14-year low in June to 45 percent, lifted by the group’s latest progress in plugging the ruptured oil well in the Gulf of Mexico.

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BP stock gains ground, but major resistance looms
(Reuters)

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AIG beats Street and starts talks on govt exit (Reuters)

Reuters - American International Group Inc’s quarterly results topped Wall Street’s expectations on Friday, and the insurer said it had started talks on repaying one of the biggest U.S. taxpayer bailouts.

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AIG beats Street and starts talks on govt exit
(Reuters)

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EU’s $580 billion safety fund up and running (Reuters)

Reuters - A European Union financial stability fund with the potential to raise up to 440 billion euros ($580 billion) to help EU countries weather debt problems is now fully operational, officials said on Friday.

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EU’s $580 billion safety fund up and running
(Reuters)

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Obama visits company as new job figures come out (AP)

AP - President Barack Obama will visit a small business and talk about job-creation Friday shortly after the government releases unemployment figures for July.

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Obama visits company as new job figures come out
(AP)

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Economic developments around the globe (AP)

AP - A look at economic developments and activity in major stock markets around the world Thursday:

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Economic developments around the globe
(AP)

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

Reuters - MetLife Inc , the biggest U.S.

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

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On the Call: Goodyear President-CEO Richard Kramer (AP)

AP - Tire inventories dwindled during the recession with money so tight.

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On the Call: Goodyear President-CEO Richard Kramer
(AP)

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FTSE 100 edges up in early deals (AFP)

AFP - London’s leading shares rose slightly at the start of trading on Thursday as positive corporate earnings figures countered weak US economic data.

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FTSE 100 edges up in early deals
(AFP)

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