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Sunday, August 27, 2017
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Stocks climb; S&P 500 breaks two-week losing streak (Finance, 11 articles) [UPDATE]
MSCI's benchmark emerging markets index was up 0.36 percent in morning trade to its highest since September 2014, with gains across the board in Asia and emerging Europe. Hong Kong shares also gained 1.2 percent to end the week up nearly 3 percent, whilst Hungary shares hit record highs, up 0.2 percent, and Turkish stocks rose 0.7 percent. World stocks climbed toward their best week in six on Friday, as a near three-year high in emerging market shares and a roaring rally in metals bolstered the year's global bull run. European shares overcame an early wobble after reassuring business confidence data from Germany and as the week's 3 and 7 percent rises in metals copper and nickel gave the region's miners a 4 percent weekly gain. The euro jumped more than 1 percent and yields on benchmark U.S. government debt remained at unattractive rates on Friday after the world's two leading central bankers declined to discuss monetary policy in keynote speeches. The Dow Jones industrial average fell 0.1 percent to 21,783.40, the Nasdaq Composite fell 0.1 percent to 6,271.33, and the Russell 2000 index of small-cap stocks rose 0.3 percent to 1,373.88.
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  • Amazon Prime Members to Get 'Special Savings' at Whole Foods (Finance, 5 articles) [UPDATE]
    A U.S. Democratic senator on Friday questioned the Federal Trade Commission's quick approval of A Inc's purchase of Whole Foods Market Inc this week, less than three months after the $13.7 billion deal was announced. The FTC said on Wednesday that it had ended its antitrust investigation without seeking a second request for additional information on a deal that has sent shock waves through the grocery industry. Whole Foods, purveyor of kale and other upper middle-class household staples, has been acquired by Amazon, purveyor of everything that can possibly be purveyed.
    Tiffany beats Street 2Q forecasts (Finance, 5 articles)
    Agilent shares rise more than 4% after company reports sales, EPS above forecastShares of Agilent Technologies Inc. rose more than 4% late Tuesday after the Santa Clara, Calif., company beat fiscal third-quarter earnings and sales expectations. Perry Ellis shares jump after earnings beatPerry Ellis International Inc. joins whose shares jumped in Thursday trading after reporting second-quarter results that beat expectations. The clothing retailer reported net income of $15.2 million, or 18 cents a share, on sales of $573.7 million, up from $545 million in the same quarter a year ago.

    Boeing Co. Financial Ratios (Finance, 4 articles)
    Its products and tailored services include commercial and military aircraft, satellites, weapons, electronic, and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training. The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services, principally to the commercial airline industry worldwide. Its Defense, Space & Security business comprises three segments: Boeing Military Aircraft, Network & Space Systems and Global Services & Support.

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