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Bioverativ, Juno and Halliburton rise; Sanmina-SCI tumbles
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Monday:...

IMF hikes outlook for global growth for 2017 to 3.7 percent
WASHINGTON (AP) -- The International Monetary Fund is upgrading the outlook for the world economy, noting surprisingly strong growth in Europe and Asia and predicting that U.S. tax cuts will give the American economy a short-term boost....

US tax reform writedown pushes Switzerland's UBS to Q4 loss
BERLIN (AP) -- Swiss bank UBS has reported a 2.22 billion-franc ($2.3 billion) loss for the fourth quarter as a result of a large writedown caused by the newly enacted U.S. tax reform....

UK holiday spending squeezed by Brexit-related inflation
LONDON (AP) -- Retail sales in Britain sank in the holiday shopping month of December, official figures showed Friday, rounding off the worst year in four as a Brexit-related rise in inflation weighed on spending....

Bank of New York Mellon and Albemarle skid while AES soars
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Thursday:...

Morgan Stanley's profits fall 59 percent due to tax bill
NEW YORK (AP) -- Morgan Stanley's earnings fell 59 percent in the fourth quarter, the company said Thursday, as the investment bank had to book $990 million in charges related to the new tax law....

Exports, consumers drive China's 6.9 percent growth in 2017
HONG KONG (AP) -- China's economy gained steam in 2017, expanding at a 6.9 percent pace in 2017 in its first annual increase in seven years, according to data released Thursday that exceeded economists' forecasts and the government's target....

Trump claims credit for what is still mostly Obama's economy
WASHINGTON (AP) -- President Donald Trump relentlessly congratulates himself for the healthy state of the U.S. economy, with its steady growth, low unemployment, busier factories and confident consumers....

Bank of America 4Q profits fall by 48 percent due to tax law
NEW YORK (AP) -- Bank of America said Wednesday that its fourth-quarter profits fell by nearly half from a year ago, as the bank had to book $2.9 billion in charges related to the new tax law. But setting aside those charges, the bank is showing signs that whatever damage was left over from the financial crisis is largely healed....

Goldman Sachs posts $1.9 billion 4Q loss due to new tax law
NEW YORK (AP) -- Goldman Sachs says it lost $1.93 billion in the fourth quarter, as the bank had to record more than $4 billion in charges related to the new tax law....

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