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Last updateFri, 22 Nov 2013 4am

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Twitter Raises $1.82 Billion Pricing IPO Above Offer Range

 Twitter Inc. (TWTR) raised $1.82 billion in its initial public offering, seizing on demand for its shares to price the stock above a proposed range.

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Asian Markets Trade Lower Amid Fears Of U.S. Government Shutdown

Asian stock markets are mostly trading lower on Thursday, tracking cues from Wall Street where stocks declined overnight amid fears of a possible government shutdown next week. A lack of triggers from the region is also contributing to the sluggish trend in most of the markets.

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U.S. Stocks Fall on Budget, Economic Growth Concerns

U.S. stocks fell for a fourth day amid concerns over budget talks and economic growth as investors weighed prospects for easing tensions in the Middle East.

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European Stocks Seen Soft On Fears Over US Budget

 European stocks may turn in another lackluster performance on Thursday, as investors grapple with the uncertainty about Federal Reserve policy and watch keenly political developments in the U.S. for signs of progress on a budget agreement ahead of the September 30 deadline to avert a partial government shutdown.

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Adidas Declines After Cutting Forecast on Russia, Golf

Adidas AG (ADS), the world’s second-largest sporting-goods maker, fell the most in more than a year after cutting its 2013 profit forecast for reasons that include Russian distribution difficulties and a weak golf market.

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European Stocks Seen Subdued Due To US Budget Deadlock

 European stocks may see a cautious start on Wednesday, tracking losses on Wall Street and mixed cues from the Asian markets on concerns the stand-off over U.S. budget talks will damp the economy. The Congress needs to agree on spending, in particular over President Barack Obama's landmark healthcare law, before September 30 to avoid a government shutdown.

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European Stocks Seen Subdued As Fed Euphoria Fades

European stocks are seen opening lower on Friday, as the Fed's inaction failed to remove uncertainty as to the timetable to unwind QE3. Some encouraging U.S. data on existing home sales, regional manufacturing activity and the Conference Board's leading economic indicators strengthened expectations that the Fed would likely start pulling back stimulus sometime in October-December.

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Asian Stocks Fall Second Day as U.S. Confidence Declines

Asian stocks fell for a second day, paring the best monthly advance since January 2012 for the regional benchmark index, after U.S. consumer confidence slumped in September to a four-month low.

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Australian Futures Rise While Yen Holds Gains; Oil Slips

Australian index futures rose before services data from China to the U.K. and U.S., while contracts on Japan’s Nikkei 225 Stock Average retreated amid a stronger yen. Crude oil fell for the fourth time in five days.

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