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End of golden era of cheap debt fires up dealmakers – Financial Times



AFP
End of golden era of cheap debt fires up dealmakers
Financial Times
Bankers who have been complaining about the lack of deals have found a new argument to push hesitant chief executives into action: the golden era of cheap debt financing is about to end – and it is hard to predict how soon and how bad that will be.
UPDATE 1-Verizon sued by shareholder over $130 bln Vodafone dealReuters
Waiting to Woo Vodafone, and Paying the PriceNew York Times
Will AT&T Try to Buy Vodafone?Businessweek
Bloomberg -Wall Street Journal -Forbes
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UPDATE 2-Suicide bomb kills at least 13 worshippers in Pakistan – Reuters



IBNLive
UPDATE 2-Suicide bomb kills at least 13 worshippers in Pakistan
Reuters
Fri Jun 21, 2013 4:30pm EDT. (Adds Taliban claims attack on lawmaker). By Jibran Ahmad. PESHAWAR, Pakistan, June 21 (Reuters) – A suicide bombing at a Pakistani religious centre killed at least 13 worshippers on Friday, the third major attack to test the 
Religious School Bombing Kills 14 in PakistanNew York Times
Bomber targets Shias in Peshawar; 15 killedPakistan Daily Times
Suicide bomber attacks mosque in Pakistan; at least 15 deadLos Angeles Times
CNN -Newsday -The Hindu
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UPDATE 1-Airplane WiFi provider Gogo has turbulent debut – Reuters



Wall Street Journal
UPDATE 1-Airplane WiFi provider Gogo has turbulent debut
Reuters
Fri Jun 21, 2013 1:14pm EDT. By Aman Shah and Neha Dimri. June 21 (Reuters) – Shares of in-flight WiFi provider Gogo Inc fell as much as 9 percent in their market debut as investors questioned the company's high valuation in the wake of a two-day slide in 
FAA's Big Gift to the GoGo IPOWall Street Journal (blog)
Gogo falls in market debutChicago Tribune
Gogo IPO Brings Investors A Play In Airborne Wi-FiInvestor’s Business Daily
Newsday -MarketWatch
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Euro bailout fund conditions complicate efforts to separate bad banks and … – Fox Business



Hindu Business Line
Euro bailout fund conditions complicate efforts to separate bad banks and
Fox Business
LUXEMBOURG – Euro zone finance ministers on Thursday agreed on how its bailout fund can invest in troubled banks, but imposed so many conditions that they may not completely succeed in their goal of separating problem banks from their indebted home 
UPDATE 2-Euro bailout fund conditions complicate efforts to separate bad banks Reuters
EU finance ministers meet to discuss banking resolutionIrish Times
Europe's Finance Ministers Start Negotiating Guidelines on Failing BanksNew York Times
Financial Times -Wall Street Journal -Bloomberg
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Factories in Philadelphia Fed Region Rise at Faster Pace – Bloomberg


Factories in Philadelphia Fed Region Rise at Faster Pace
Bloomberg
Manufacturing in the Philadelphia region unexpectedly grew in June at the fastest pace in two years as factories showed resilience in the face of slowing overseas markets. The Federal Reserve Bank of Philadelphia's general economic index climbed to 12.5, 
UPDATE 1-Philly Fed factory activity picks up to more than 2-yr high in JuneReuters
US June Philadelphia Business Outlook Report (Text)Businessweek
Philadephia factory activity improves in JuneMarketWatch
phillyBurbs.com -NASDAQ -Transport Topics Online
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China Manufacturing Contraction Deepens Amid Cash Pinch: Economy – Bloomberg



Bloomberg
China Manufacturing Contraction Deepens Amid Cash Pinch: Economy
Bloomberg
China's manufacturing is shrinking at a faster pace this month, adding to stresses in the economy and financial system after interbank borrowing costs surged to the highest in seven years. The preliminary reading of 48.3 for a Purchasing Managers' Index 
UPDATE 2-China factory activity hits 9-month low, policy action eyedReuters
Survey shows China manufacturing shrinks in JuneBusinessweek
China Manufacturing Contracts to Lowest Level in 9 MonthsNew York Times (blog)
CNBC.com -Reuters India -MarketWatch
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UPDATE 3-FedEx posts higher-than expected profit, will cut more capacity – Reuters



San Francisco Chronicle
UPDATE 3-FedEx posts higher-than expected profit, will cut more capacity
Reuters
Wed Jun 19, 2013 3:46pm EDT. By Nivedita Bhattacharjee. June 19 (Reuters) – FedEx Corp reported a higher-than-expected quarterly profit on Wednesday as it cut costs and its U.S. truck business continued to pick up steam. Shares were up 2.3 percent to 
FedEx May Deliver More Good NewsBarron’s
FedEx sees earnings drop in Q4 (Video)Atlanta Business Chronicle
FedEx Sees 2014 Profit Gain Up to 13% Amid Cutting CostsBloomberg
Monterey County Herald -Business Insider
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Tesla Has Its First Recall; Elon Musk Apologizes To Customers – Forbes



San Francisco Chronicle
Tesla Has Its First Recall; Elon Musk Apologizes To Customers
Forbes
Tesla Motors Tesla Motors stock has had a scorching spring. But now comes word that it's just like any car company in one sense. It has announced its first recall. According to Bloomberg News, Tesla is recalling 1,228 Model S electric sedans sold in the 
UPDATE 2-Tesla recalls some Model S cars due to seat-mount defectReuters
Seat latch problem on Model S prompts first Tesla Motors recallLos Angeles Times
Tesla Recall Cites Faulty LatchWall Street Journal
Digital Trends -PC Magazine -Bloomberg
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SEC considers policy shift on admissions of wrongdoing – Financial Times


SEC considers policy shift on admissions of wrongdoing
Financial Times
The Securities and Exchange Commission is considering a change that would require some defendants to admit wrongdoing when they have engaged in “egregious misconduct” – a move that would represent a shift away from a decades-long policy.
UPDATE 2-US SEC to seek admissions in some settlements -WhiteReuters
SEC to require admissions of guilt in some settlementsWashington Post
SEC to Seek More Admissions of FaultWall Street Journal
MarketWatch -Bloomberg
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UPDATE 1-European car sales hit 20-yr low as key markets suffer – Reuters



AFP
UPDATE 1-European car sales hit 20-yr low as key markets suffer
Reuters
Tue Jun 18, 2013 10:48am EDT. (Adds comment from analyst, study details and Hyundai). By Andreas Cremer and Christiaan Hetzner. BERLIN/FRANKFURT, June 18 (Reuters) – European car sales plunged last month to their lowest May level in two 
European car sales fall to lowest level since 1993Financial Times
EU car sales post biggest drop in 20 yearsAFP
Ford beats Europe's falling sales trend, but not GM EuropeThe Detroit News (blog)
Stockhouse -Nashville Ledger newspaper
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