Moroccans fear suicide attacks could wreck growth

(Reuters) - Moroccans fear a series of suicide bombings in the commercial hub Casablanca may wreck the very economic growth needed to reduce the poverty seen as a breeding ground for jihadist foot soldiers.

Two suicide bombers, Mohamed Baha and his brother Omar, blew themselves up outside U.S. diplomatic offices in a Casablanca on Saturday in the first such targeted attacks in four years.


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Sallie Mae agrees to be sold for $25 bln: paper

(Reuters) - The group plans to pay $60 per share for the student lender, also known as SLM Corp., the Journal said.

None of the companies or investment firms were immediately available for comment.


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UPDATE 1-ABN gives early Q1 numbers as merger talks intensify

(Reuters) - The Netherlands' biggest bank said its net profit rose 30.6 percent to 1.31 billion euros in the first quarter from a year earlier. Earnings per share from continued operations rose 30 percent to 0.65 euro from 0.50 euros, the bank said.

ABN AMRO said it issued the summary of results ahead of its scheduled April 26 earnings announcement "in light of recent developments and in order to be fully transparent."


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Swiss Central Bank President Roth Says the Franc Could See a `Correction'

(Bloomberg) -- Swiss central bank President Jean- Pierre Roth comments on global risks, financial markets, the Swiss franc and the economy.

He was speaking at a briefing after a meeting of the International Monetary Fund in Washington today.


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Euro Rises to Record Versus Yen as Group of Seven Refrains From Criticism

(Bloomberg) -- The euro rose to a record against the yen after the Group of Seven industrial nations refrained from saying Japan's currency is too weak.

The 13-nation currency climbed to the highest since January 2005 against the dollar after European officials said its advance isn't holding back the region's economy. The G-7 said in its April 13 statement that global trade imbalances are narrowing and stopped short of expressing concern on a particular currency.


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Celesio, Continental, DaimlerChrysler, Kloeckner, Siemens: German Preview

(Bloomberg) -- The following stocks may rise or fall in German markets today. Stock symbols are in parentheses after the company names and prices are from the April 13 close.

The DAX advanced 1 percent to 7212.07 on the Xetra electronic-trading system on April 13.


Read more at Bloomberg Stocks News

Adobe, Google, Kraft, Office Depot and USEC May Move: U.S. Equity Preview

(Bloomberg) -- The following is a list of companies whose shares may have unusual price changes in U.S. exchanges on April 16. This preview includes news that broke after exchanges closed. Stock symbols are in parentheses after company names.

Adobe Systems Inc. (ADBE US): The software maker's shares may climb above $50 within a year as more people use broadband Internet connections and mobile devices, Barron's said, citing Jeffrey Hammond of Forrester Research. The stock fell 76 cents to $41.64 in regular trading.


Read more at Bloomberg Stocks News