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Stephen-FFC-Trump-052417.jpg The Federal Communications Commission or FCC will not take any action against CBS Corp.'s "Late Show with Stephen Colbert" despite receiving thousands of complaints about the talk show comedian's controversial joke about President Donald Trump.

ECB-052417.jpg Eurozone financial market stress remained contained in the past six months, though the risk of further bond market repricing remains and the risk of a return of concerns over debt sustainability has risen, the European Central Bank said in a report released on Wednesday. Further, the ECB warned that excessive exuberance in regional house prices warranted close monitoring.

wallstreet-112814_24May17.jpg After closing higher for four straight sessions, stocks could see some further upside in early trading on Wednesday. The major index futures are currently pointing to a modestly higher open for the markets, with the Dow futures up by 12 points.

PayPal-Sues-Pandora-052417.jpg Payments giant PayPal filed a lawsuit against music streaming company Pandora Media over alleged similarities in both companies' logos. The trademark infringement lawsuit was filed last week in U.S. District Court for the Southern District of New York, seeking legal costs and unspecified damages. PayPal also called for Pandora to cease use of its current blue "P" logo.

WallST-052417.jpg The market is keenly awaiting the FOMC minutes that might provide some insights of a rate hike in June. The mortgage application data and house price index are the other important data to be published today. Moody's downgrading of China is closed watched by the market. Initial trading in the U.S. Future market suggest that Wall Street will open broadly lower at the opening. Asian shares closed hig

Tiffany-052417.jpg Tiffany & Co. reported Wednesday higher profit in its first quarter, above market estimates. Net sales edged up, but missed market view amid lower comparable sales in all regions. Further, the company maintained its fiscal 2017 earnings view, but updated sales growth view on a constant exchange rate basis. In pre-market activity, Tiffany shares were losing 3.92 percent.

Lowes-052417.jpg Lowe's Co. reported Wednesday lower profit in its first quarter, reflecting a loss on extinguishment of debt, despite higher sales and comparable sales. Adjusted earnings per share and sales missed market estimates. Further, the company updated its fiscal 2017 earnings view to reflect the loss, and backed sales growth forecast. In pre-market activity, shares were declining 7.34 percent.

stockMarket-mixed-052417.jpg European stocks were little changed on Wednesday as gains in energy stocks were offset by losses in the mining sector. Automakers also turned broadly lower after the U.S. government filed a suit against Fiat Chrysler, accusing the Italian carmaker of using illegal software to fake emission results...

KingFisher-052417.jpg Shares of Kingfisher Plc were declining around 7 percent in the morning trading in London after the home improvement retailer reported Wednesday weak sales in its first quarter on a constant currency and like-for-like basis amid continued weaker sales in France. On a reported basis, sales increased from last year.

Bunge-Glencore-052417.jpg Shares of U.S. grains trader Bunge Ltd. climbed around 17 percent on Tuesday after the Swiss mining giant Glencore Plc confirmed that its agriculture joint venture has made an informal takeover approach. Bunge, meanwhile, said its not engaged in business combination talks with Glencore or its JV Glencore Agriculture Limited.

stockMarket-Lower-052417.jpg European stocks are seen opening slightly lower on Wednesday after British Prime Minister Theresa May raised the U.K.'s terror threat to "critical" from "severe" and Moody's cut its sovereign credit rating on China, citing concerns over a slowing economy and growing debt. Asian stock markets are...

Pharma-052417.jpg Today's Daily Dose brings you news about FDA approval of Merck's Keytruda for yet another indication; Neurocrine's disappointing phase II study of Ingrezza in Tourette syndrome; Spring Bank's results from phase 2a segment of its ACHIEVE trial and Syndax' public offering.

May23-052317.jpg Here's why GLYC and PBYI soared while ALXN and CERS dived.

target-052317.jpg Target Corp. has agreed to pay $18.5 million to settle all investigations related to a massive data breach that occurred before Christmas in 2013. New York Attorney General Eric Schneiderman Tuesday announced that 47 states and the District of Columbia have reached a $18.5 million settlement with...

Alexion-052317.jpg Alexion Pharmaceuticals Inc. (ALXN) continues to reshape its top-level management after the company was hit by an internal investigation into its sales practices. Alexion will start a search for a new Chief Financial Officer after current CFO Dave Anderson announced he will resign at the end of August....

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