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U.S. Morning Call: Apple defiant, hedge funds underperform

Thursday, April 05, 2012 - 01:58

April 5 - WSJ says Apple is reluctant to agree to terms sought by regulators probing possible e-book price fixing, and data shows hedge funds underperformed the market overall in the first quarter.

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Here's running off this Thursday apple holding out the Wall Street Journal says apple is reluctant to agree. To terms not I US and European regulators investigating. Possible electronic book price fixing publishers Pearson McMillan also unlikely to back the current terms while three others have indicated they are inclined to settle. The Justice Department seeking to unravel agreement apple secured from the five publishers -- it was launching an iPad and aiming to break up Amazon's dominance in the digital market. Well -- mainly the world's richest lists and owns stakes in professional sports teams but hedge fund managers deal with the ups and downs of investing. Just like everyone else. Data from Bank of America Merrill Lynch indicates they underperform the market overall in the first quarter rising about 2.3 percent on average well below the Dow. The NASDAQ and the S&P 501. Stand out when he tells his -- partners that it's surged 23 point six hours. It you can't beat them. Joined Delta Airlines considering a novel approach to dealing with high fuel prices. It may try to buy an idol Pennsylvania refinery -- -- a pilot. Delta's board met twice -- potential it. CNBC reported that -- it as much as 100 million dollars for the plant which was idle last September to depress margins and we -- me. Delta and kind of a decline com. On the economic docket today weekly jobless claims ahead of Friday's march jobs report economists looking for a slight decline to 355000. Thomson Reuters IFR markets -- steady decrease is continuing through the second quarter report out -- -- Stocks to watch today include cost of that retailer posting a 6% rise in same store sales in March which fell short. Market expectations and Bed, Bath & Beyond which reported -- quarterly profit that topped expectations. Thanks to our sales during the quarter rose nearly 10%. That's right call this Thursday at -- this is writers that are.

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U.S. Morning Call: Apple defiant, hedge funds underperform

Thursday, April 05, 2012 - 01:58