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    - Carlyle Group LP has decided to liquidate the two mutual funds it launched last year, regulatory filings showed this week, as the private equity firm seeks other ways to gain more traction with so-called liquid alternative funds. Developing mutual funds has historically been challenging for private equity firms because the average buyout fund is illiquid, with a typical life span of 10 years.

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    - Wal-Mart Stores Inc (WMT) said on Friday it would eliminate the position of zone manager in its U.S. stores while adding up to 8,000 new department heads as part of an overhaul of its store operations. There are about five zone managers in each of Wal-Mart's (WMT) 3,407 supercenters, and those employees will be reassigned to department manager or assistant manager positions, spokesman Kory Lundberg said.

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    Seagate Technology (STX) shares closed trading up 2.63% to $57.43 on Friday following the release of the computer disk drive manufacturer's third quarter earnings results before the opening bell today.The Dublin, Irland- based company reported third quarter earnings of $1.08 per share, topping analysts expectations for the period by 4 cents.

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     Comerica shares closed trading down 0.43% to $46 on Friday following the release of the Dallas-based financial services company's first quarter earnings results before the opening bell today.The company reported first quarter earnings of $132 million, or 73 cents per diluted share, that topped analysts expectations for the period of 72 cents by one cent.

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    Banks will be keeping a close eye on U.S. Congress over the next 42 days. We're talking about Cuba, of course. Must Read: Warren Buffett's 7 Secrets to Dividend Investing. Earlier this week, President Obama recommended that Cuba be removed from the list. The initial benefits of leaving this list will mostly be in the banking sector.

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     Mylan shares have spiked in afternoon trading today and are up 4% to $69.51 following reports that the biopharmaceutical company has become a takeover target for Teva Pharmaceutical Industries (TEVA), according to Bloomberg.However, Mylan released a statement less than an hour ago that disputes these claims, saying that the company is committed to remaining a stand alone entity."Although it has been ...

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    Shares of Oasis Petroleum  are slipping, down 5.34% to $17.36 in late afternoon trading Friday, as both WTI and Brent crude prices trade in the red. West Texas Intermediate was down 1.52% to $55.85 a barrel at 3:12 p.m. ET in New York, while Brent crude was lower by 0.64% to $63.57 a barrel.

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    Akebia Therapeutics (AKBA) shares are down 5.78% to $8.17 in trading on Friday after the Cambridge, MA-based biopharmaceutical company announced the pricing of its secondary public offering of 7,272,727 shares of common stock at a price to the public of $8.25 per share.The company is expecting net proceeds of $56.1 million for the offering which is expected to close April 22.

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    Analyst's stock price target of $14 is 53% below first-day close, 13% below IPO price. Etsy Inc. (ETSY) is learning quickly how fickle Wall Street can be. A day after investors welcomed the online marketplace for arts and crafts as a publicly traded company, by sending the stock up 88%, the shares tumbled as much as 12% intraday Friday before paring some losses in afternoon trade, following a downbeat research note from Wedbush Securities.

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    Ford Motor Co (F) said on Friday it will spend $2.5 billion to build a new generation of fuel-efficient engines and transmissions in Mexico, creating 3,800 jobs. The United Auto Workers union, in response, said putting jobs in Mexico rather than the United States will be a major issue at its upcoming U.S. labor talks with Ford, General Motors Co and Fiat Chrysler Automobiles.

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     Ford Motor announced today that it is investing $2.5 billion in new engine and transmission plants in the Mexican states of Chihuahua and Guanajuato in order to further build up its line of increasingly fuel-efficient engines and transmissions. Shares of Ford are down by 1.10% to $15.77 in mid-afternoon trading on Friday.

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    Buyers of General Motors Co vehicles will increasingly be able to use in-car mobile broadband systems to book hotel rooms, cut deals on driver insurance, pay for data usage and conduct a host of other transactions. And each time they do, GM will get a small cut from the seller.

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     Manitowoc shares are down 6.25% to $20.41 in trading on Friday after the capital goods manufacturer said that it expects to take a pre-tax loss from continuing operations of $9.5 million.The company also said that net sales for the period would decline 17% to $752 million, missing analysts' consensus estimates of $853 million in revenue by a wide margin.