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Global shares wilt, dollar nervous before Fed outcome; Apple outperforms

SYDNEY/TOKYO - Asian stock markets followed Wall Street into the red on Wednesday, while the dollar was on edge following speculation the Federal Reserve could take a dovish turn in its post-meeting statement later in the session.

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AT&T results beat Wall Street, shares rise after hours

SAN FRANCISCO - AT&T Inc on Tuesday posted a quarterly net loss that was slightly slimmer than Wall Street expected, as its mobile device deals attracted more customers, but its users switched to other networks at a higher rate.

27 Jan 2015

Oil drops more than 1 percent on firm dollar, U.S. stock build

SINGAPORE - Oil fell more than 1 percent on Wednesday as the dollar strengthened in early Asian trade, while an industry report showing a larger-than-expected rise in U.S. crude inventories also dragged on prices.

12:20am EST

Amgen profit tops expectations on Enbrel sales, tax credit

- Amgen Inc on Tuesday reported higher-than-expected fourth-quarter profit, driven by strong sales of its blockbuster rheumatoid arthritis drug Enbrel and a tax credit.

27 Jan 2015

U.S. business spending weakens, but consumers upbeat

WASHINGTON - U.S. business investment spending fell for a fourth straight month in December, a sign that slowing global growth may be weighing on the economy, but consumers remained upbeat and new home sales in December hit their highest level since June 2008.

27 Jan 2015

JPMorgan profited from soaring Swiss franc: Bloomberg

- JPMorgan Chase & Co's currency traders made a profit of as much as $300 million when the Swiss central bank shocked markets by scrapping its cap on the franc this month, Bloomberg reported, citing two people with knowledge of the matter.

27 Jan 2015

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