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    - If General Motors Co creates a fund to compensate victims of its faulty ignition switches, an option that a top legal adviser suggested it is exploring, the company could give up strong defenses to a wave of lawsuits. By setting up a fund, GM could avert years of civil litigation and limit its financial and reputational harm.

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    Walt Disney Co's (DIS) cable networks are expected to record high single-digit growth in operating income and domestic affiliate revenue from fiscal 2014 through 2016, Chief Financial Officer Jay Rasulo told investors on Thursday. "We feel very good about the long-term growth of our cable business," Rasulo said at a meeting for investors at its the company's ESPN (DIS) headquarters in Bristol, Connecticut.

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    Advanced Micro Devices Inc. (AMD) first-quarter loss narrowed as the chip maker reported a double-digit jump in sales, due to strong growth from the graphics and visual solutions unit. Shares climbed 5.4% to $3.89 in after-hours trading, as the results exceeded expectations and AMD gave a rosy outlook for current-quarter sales. AMD has been trying to restructure its operations to diversify its products and adapt to progressively weak demand for PCs, which also has weighed on its...

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    Chinese lawyer Hao Junbo wants to make you rich if you're a whistleblower after a bounty. The U.S. Securities and Exchange Commission received a tip-off a week from China last year, double the year before and five times more than in 2011.

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    SAN FRANCISCO-- Advanced Micro Devices Inc. (AMD) shares surged in the extended session Thursday after the chip maker's quarterly earnings and outlook topped Wall Street expectations. Shares of AMD rose 4.9% to $3.87 in heavy trading after the company reported adjusted first-quarter earnings of 2 cents a share on revenue of $1.4 billion. Analysts surveyed by FactSet were expecting a break-even quarter on revenue of $1.34 billion.

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    Luxury property developers in Singapore are facing their worst sales outlook in six years as a raft of government measures to cool one of the world's most expensive real estate markets bite. Sales of private homes, which account for just under one-fifth of the total property market, fell to their lowest in more than four years in January to March, official data showed this week.

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     Shares of Taiwan Semiconductor Mfg. The company reported year-over-year first quarter revenue increased 11.6%, while net income and diluted earnings per share both increased 21%.Net income rose to NT$47,871 in the first quarter 2014 from NT$39,577 in the first quarter of 2013.

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    Michaels Stores Inc, the biggest U.S. arts and crafts retailer, on Thursday confirmed that there was a breach of certain systems that process payment cards at its U.S. stores and that of its unit, Aaron Brothers. The company said in January that it was working with federal law enforcement officials to investigate a possible data breach.

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     Athenahealth was falling 1.1% to $144 after-hours Thursday after missing analysts' estimates for earnings and revenue in the first quarter. For the first quarter athenahealth posted earnings of 12 cents a share, missing analysts' estimates of 17 cents a share by 5 cents.

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     ADVANCED MICRO DEVICES (AMD)  stock is gaining in extended trading after the company reported a better-than-expected first quarter. After the bell, shares added 3.3% to $3.81. Over the three months to March, the chipmaker recorded break-even earnings, in line with analysts' estimates, and revenue 28.4% higher year over year to $1.4 billion. Must Read: Warren Buffett's 10 Favorite Stocks.

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    By Sue Chang and Saumya Vaishampayan, MarketWatch. SAN FRANCISCO-- SanDisk Corp. (SNDK) rallied on Thursday to the top of the S&P 500 in the wake of strong results while Google Inc. was one of the worst Nasdaq 100 performers following disappointing earnings. The flash-memory maker said late Wednesday its profit surged 62% in the first quarter as revenue rose 13%, with results topping analyst forecasts.

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    Cyprus Semiconductor shares are up 1.5% to $9.89 in trading after reporting first quarter earnings in line with analysts estimates.The company posted lower revenue --$170 million this quarter compared to $173 million over the same period in 2013 -- but increased EPS by 4 cents to 7 cents this quarter, matching analysts EPS estimates.The company attributed the higher returns despite falling reve...

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    Shares of Northrop Grumman Corp.  are up 1.20% to $122.05. CEO Wes Bush said that despite belt-tightening at the Pentagon, defense contractors can count on the military's continuing need for advanced technology and personnel training as well as expanded opportunities for exports to allies, the Wall Street Journal reported. Bush said the company's strategy isn't just to chase growth.

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    Illinois Attorney General Lisa Madigan's office said on Thursday it is investigating Herbalife Ltd (HLF), joining other state and federal probes of allegations that the weight loss and nutrition company is running a pyramid scheme. Herbalife shares fell 0.3 percent to close at $55.10, reversing earlier gains.

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     Shares of Linear Technology Corporation (LLTC) are trading higher 3.33% to $46.57 on Thursday after the company released its financial results for the third quarter of 2014. The company, which designs, manufactures and markets a variety of analog integrated circuits for companies around the world, reported a 4% rise in quarterly revenue to $348 million from $334 million in the previous quarter.