Reuters – The economy kept growing overall in recent weeks, but unevenly and it actually slowed in a few regions as housing markets softened after the end of a popular tax break, the Federal Reserve said on Wednesday.

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Reuters – U.S. stocks fell on Wednesday after weak durable goods figures and a downbeat assessment of the economy from the Fed’s Beige Book kept the benchmark S&P 500 trapped below its 200-day moving average.

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Reuters – Sprint Nextel Corp said it lost fewer valuable contract customers in the second quarter than analysts expected, helped by its most advanced smartphone, the EVO from HTC Corp (2498.TW).
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Reuters – Visa Inc , the world’s largest credit and debit card processing network, beat expectations with a quarterly profit of $716 million on Wednesday, as consumers resumed spending.

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Reuters – U.S. advisers backed a potential blockbuster blood thinner from AstraZeneca on Wednesday, a victory for a company seeking new drugs to offset expiring patents on some of its best-selling medicines.
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