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Wednesday, July 25, 2012

Financial news 07/25/2012

InvestorPlace: Rising dollar weakening multinational income repatriation 
NYT: NY Fed's regulatory ability questioned amidst interest rate scandal
Daily Finance: Bank bonuses a tough sell alongside corporate restructuring
BusinessWire: Apple profit up, but $1.04/share short of analyst estimates
BI: Wishing luck boosts performance more than praise per experiment
Commerce Dept: June new home sales 350K, down  32K from May
ZH: Fed monetary policy makes capital markets more of a "branch office"
AP: International shipper UPS says global economy to get worse
IBD: Eurozone more tight-fisted as Italy & Spain borrowing costs rise
BBC: Greek PM says recession to be deeper than expected
Bloomberg: China economic downtrend fueled less investments per IMF
Reuters: Japanese June exports fell 2.3% yr over yr on ¥61.7 bln surplus

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