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Summary: Stocks jumped on Fed minutes; Alcoa earnings rise; Gap CEO to retire; Costco profits beat forecasts. Bobbi Rebell reports.
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Investors punished both JC Penney and Sears- but there are clear signs their business prospects are headed in very different directions. Bobbi Rebell reports.
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Fresh investment momentum created by the buzz around India’s new prime minister Narendra Modi looks set to continue, with infrastructure and consumer sectors looking bright, says JPMorgan’s Tai Hui.
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Belus Capital CEO Brian Sozzi talks about how JC Penney is making headway with its turnaround efforts, but Sears’ future is bleak.
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Duncan left Africa for the United States, by official accounts, a healthy man. Just over two weeks later, he passed away in a Dallas, Texas, hospital with Ebola.
Breakingviews: Watch Tianhe insiders to gauge scandal impact
– http://www.reuters.com/business-videos
Despite a lengthy rebuttal of anonymous fraud claims, shares in Tianhe Chemicals slumped some 40% upon resuming trade. Key now will be how company insiders react, says Breakingviews’ Peter Thal Larsen.
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