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WellPoint revising rate increases in California

(Reuters) - WellPoint Inc's (WLP.N) California unit will revise rate requests for its individual plans in the state that drew national political fire during the U.S. health reform debate.

Wall Street down on Goldman probe, GDP data

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U.S. stocks fell on Friday as shares of Goldman Sachs tumbled on reports of a federal probe into the Wall Street powerhouse and after first-quarter gross domestic product came in weaker than expected.
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Stock futures up ahead of GDP data

U.S. stock index futures were slightly higher on Friday ahead of the advance reading of first-quarter gross domestic product and investors awaited a deal to bail out Greece.
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Stock futures inch higher; eyes on GDP figures

U.S. stock index futures pointed to a higher open on Wall Street on Friday, as sovereign debt worries in the euro-zone soothed, while investors awaited the advance reading of first-quarter gross domestic product.
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Stocks, euro rise on hopes for quick Greek aid

Global equities rose and the euro held on to gains on Friday as Greece readied new austerity measures to secure a multi-billion-euro aid package that could be announced in coming days.
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Gulf of Mexico oil spill largest in US history

The massive oil spill in the Gulf of Mexico, leaking from a ruptured well moved closer to the mouth of the Mississippi River. Analysts said the oil spill that threatened to eclipse even the Exxon Valdez disaster spread out of control with a faint sheen washing ashore along the Gulf Coast.
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Oil rises towards $86 in Asian trade

Global oil prices extended gains in Asian trade Friday mainly on encouraging reports of resurgence in global economy. Light sweet crude for June delivery was seen trading at $85.61 a barrel at 11.30 a.m Singapore time while Brent crude was at $87.12 a barrel at the same time in London.
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Stocks rise, euro wavers; await Greek rescue news

Stocks rose on Friday and the euro steadied on hopes that a fractious European Union will agree on a bailout package for Greece within days as it struggles to keep the debt crisis from spreading to other weak countries. Shares were also buoyed by strong earnings reports from major U.S. companies, which pushed up Wall Street stocks and bolstered hopes that the world's largest economy was picking u...
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Stocks rise, euro wavers, await Greek rescue news

Stocks rose on Friday and the euro steadied on hopes that a fractious European Union will agree on a bailout package for Greece within days as it struggles to keep the debt crisis from spreading to other weak countries.
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Federal criminal probe into Goldman trading: report

U.S. federal prosecutors are conducting a criminal probe into whether Goldman Sachs Group Inc or its employees committed securities fraud in connection with its mortgage trading, the Wall Street Journal reported on its website on Thursday.
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United, Continental to announce merger Monday: report

UAL Corp's United Airlines and Continental Airlines Inc are expected to announce that they are merging to form the world's largest airline on Monday, the Wall Street Journal reported on Thursday, citing unnamed sources.
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Australian dollar outlook 30/4/2010

Australia: Overnight we saw risk appetite return to the markets after some positive earning results, positive data releases and reports that the bailout agreement for Greece is very close.
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Chavez exhorts Fidel, Morales to Twitter

Delighted at his cyber success, Venezuela's new Twitter convert President Hugo Chavez on Thursday invited Cuba's Fidel Castro and Bolivian President Evo Morales to join the micro-blogging site too.
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Wireless group pushes hunt for spectrum

The U.S. wireless industry is pressing a key senator to clear the way for a government study that could accelerate plans to free up airwaves for devices such as smart phones.
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Senate launches debate on Wall Street bill

The Senate opened debate on Wall Street reform on Thursday with an amendment to bar use of taxpayer funds in any future government actions to dismantle financial mega-firms that get into trouble.
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Wall Street rallies on earnings, Greece aid hopes

U.S. stocks chalked up their best day in nearly two months on Thursday as investors welcomed a string of robust earnings reports, while Greece appeared close to a bailout deal, easing fears about a wider sovereign debt crisis.
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Hugo Chavez invites Fidel, Evo to Twitter

Delighted at his cyber success, Venezuela's new Twitter convert President Hugo Chavez on Thursday praised the micro-blogging site and invited Cuba's Fidel Castro and Bolivian President Evo Morales to join.

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