The stock market's comeback is set to pause with futures flat

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The stock market's comeback is set to pause with futures flat

U.S. stock index futures were little changed on Tuesday as Wall Street’s rebound from last week’s sell-off was set to pause. Around 7 a.m. ET, Dow Jones Industrial Average futures indicated a drop of less than 20 points at the open. Futures on the S&P and …
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Yes Bank tanks 7% after talk of financial irregularities at CG Power

Yes Bank shares fell more than 7 percent intraday on August 20 following worries over the valuation of stake in Gautam Thapar’s CG Power, which has been hit by allegations of financial irregularities. The stock lost nearly 11 percent in two straight sessions …
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Aramco Is Said to Select Lazard, Moelis for World's Biggest IPO

Saudi Aramco has picked Lazard Ltd. and Moelis & Co. to advise on the oil giant’s second attempt at the world’s largest initial public offering, people with knowledge of the matter said. The boutique investment banks have started preparatory work on the …
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Bain, Carlyle examining higher offer for Osram – sources

MUNICH (Reuters) – Private equity firms Bain and Carlyle (CG.O) are considering raising their offer for German lighting group Osram (OSRn.DE), two people familiar with the matter told Reuters. This is one of several options the two investors are examining, …
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Persimmon profits fall as housebuilder looks at repairing reputation

Profits at the housebuilder Persimmon slipped as it invested in customer service in an attempt to to repair its reputation after criticism over shoddy workmanship and an overreliance on the government’s help-to-buy scheme. The company said it had increased …
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