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AIG agrees to pay $725 million to settle lawsuit

American International Group Inc agreed to pay $725 million to settle a long-running securities fraud lawsuit led by three Ohio public pension funds, Ohio Attorney General Richard Cordray said on Friday.

Bank of America, Citi results show hurdles ahead

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Bank of America and Citigroup shares fell as the banks' results highlighted the sluggishness of the U.S. economic recovery and costs of potential regulation, offsetting better-than-expected quarterly profits on lower credit losses.

Bank of America and Citi results show hurdles ahead

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Bank of America and Citigroup shares fell as the banks' results highlighted the stagnant U.S. economy and costs of potential regulation, offsetting better-than-expected quarterly profits on lower credit losses.
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RealD, Qlik rally IPO market

Shares in RealD Inc , whose 3D technology was used to help make the movie Avatar, opened more than 22 percent above their initial public offering price on Friday and shares of business software maker Qlik Technologies Inc opened 20 percent higher.
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Wall Street futures point to flat open

Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 were little changed at 0757 GMT (3:57 a.m. EDT), pointing to a flat open on Wall Street on Friday.
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AgBank closes mega IPO with tepid HK debut

Agricultural Bank of China's $19.3 billion IPO limped across the finish line on Friday after a hectic three-month sprint, its modest Hong Kong debut gains reflecting valuations concerns and tough markets.
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Goldman settles with SEC for $550 million

Goldman Sachs Group Inc agreed to pay $550 million to settle civil fraud charges over how it marketed a subprime mortgage product, ending months of negotiations that rattled the bank's clients and investors.
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Goldman to settle with SEC for $550 million

Goldman Sachs Group Inc agreed to pay $550 million to settle civil fraud charges over how it marketed a subprime mortgage product, ending months of negotiations that rattled the bank's clients and investors.
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KKR shares slip 3 percent in long-awaited debut

The long-anticipated U.S. stock debut of Kohlberg Kravis Roberts & Co proved a disappointment on Thursday as investors shied away from the private equity firm that made its name with the leveraged buyout of RJR Nabisco in 1988.
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Carlyle strikes $3.8 billion deal for NBTY

Carlyle Group struck a $3.8 billion deal on Thursday to buy U.S. nutritional supplements maker NBTY Inc , beating several other buyout firms to clinch one of the biggest private equity deals so far this year.
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Goldman shares rise on SEC announcement

Securities regulators on Thursday said they will make a major enforcement announcement, fueling talk that a deal has been reached in their lawsuit against Goldman Sachs Group Inc .
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KKR makes subdued NYSE debut, shares slip

Storied buyout firm Kohlberg Kravis Roberts & Co made its long-awaited debut on the New York Stock Exchange on Thursday, but the start was subdued and shares traded slightly below their opening price.
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JPMorgan beats Street

JPMorgan Chase & Co posted better-than-expected quarterly earnings on Thursday as it wrote off fewer bad loans in the second quarter, but executives warned they were uncertain about the economic outlook for the rest of the year.
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KKR makes long-awaited debut on NYSE

Storied buyout firm Kohlberg Kravis Roberts & Co made its long-awaited debut on the New York Stock Exchange on Thursday, and its shares were nearly unchanged.
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JPMorgan beats expectations as loan loss reserve cut

JPMorgan Chase & Co posted better-than-expected quarterly earnings on Thursday as it wrote off fewer bad loans, but its shares dropped as investors fretted about management's sober assessment of the economy.
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Futures point to higher open after JPMorgan, data

U.S. stock index futures pointed to a higher open on Thursday as JPMorgan Chase & Co reported better-than-expected earnings and initial jobless claims fell to their lowest level in nearly two years.
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JPMorgan results lift futures ahead of data

Stock index futures were higher on Thursday after better-than-expected quarterly profits from JPMorgan Chase & Co allayed concerns about the strength of the financial sector.
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Wide investor audience awaits KKR

Kohlberg Kravis Roberts & Co's long-awaited listing on the Big Board brings a wide investor audience to the iconic private equity firm and could be a bellwether for rivals looking to follow suit.
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Many Americans will run short in retirement: study

No matter their income level, a significant number of U.S. workers are likely to struggle to meet basic expenses during retirement, a new study of baby boomers and generation Xers released on Tuesday shows.

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