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    Shares of Workday Inc. (WDAY) climbed in Wednesday's extended session after the cloud-based business reported a smaller quarterly loss on a per-share basis. Workday said its second-quarter loss came in at $69.4 million, or 37 cents a share, compared with a loss of $69.2 million, or 38 cents a share, a year ago. Revenue rose to $282.7 million from$ 186.8 million.

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     Cameron International stock closed up 41.3% to $60.01 on heavy trading volume after the company agreed to be acquired earlier today by Schlumberger in a deal valued at $14.8 billion. Schlumberger stock, however, closed down 3.35% to $70.09, also on heavy volume. The companies agreed to 0.716 Schlumberger shares and $14.44 in cash per each Cameron share.

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    Shares of Verizon (VZ) were gaining 3.6% to $45.07 on heavy trading volume Wednesday after the company telecommunications company announced the available of 'hum', its aftermarket vehicle technology and subscription service. The new hum includes an onboard diagnostic reader that plugs into the OBD-II port that can turn any vehicle made since 1996 into a connected vehicle.

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    Petrobras shares are up 1.37% to $4.45 in afternoon trading on Wednesday after the Brazilian oil company announced that it intends to offer $833 million in debentures to finance its latest business plan. The company is making the move as the cost of overseas borrowing has increased due to Brazil's weakening local currency, which has fallen 27% this year, according to Bloomberg.

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     Petrobras shares are up 1.1% to $5.03 in afternoon trading on Wednesday after the Brazilian oil company announced that it intends to offer $833 million in debentures to finance its latest business plan. The company is making the move as the cost of overseas borrowing has increased due to Brazil's weakening local currency, which has fallen 27% this year, according to Bloomberg.

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    Plunging commodity prices are testing the viability of emerging currencies' long-standing pegs to the dollar, with some already abandoned as countries balk at the cost of clinging to fixed exchange rates. Kazakhstan unshackled its tenge last week, and bets are growing that from Hong Kong to Saudi Arabia, dollar pegs are at risk.

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    Added worry is that 200- day moving average is falling. Apple Inc.' s stock chart has produced a bearish "death cross" pattern for the first time in nearly three years, and even though it was well-anticipated, it could still spook investors, given what happened the last couple of times it appeared. The stock climbed 2.2% in midday trade, but it was still down 15% since July 22. That's when its 50- day moving average, which chart watchers use as a guide to the short-term trend, started turning...

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    Bill Gross's Janus Global Unconstrained Bond Fund suffered its second day of declines in its net asset value on Tuesday, wiping out gains for the year, according to fund-research firm Morningstar Inc on Wednesday. The $1.5 billion Janus fund's returns stood at negative 2.63 percent year-to-date as of Aug. 25, which places Gross's portfolio behind 92 percent of its peers category, Morningstar said.

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    By Sue Chang and Mark DeCambre, MarketWatch. Apple extends gains for second day. Abercrombie& Fitch Co., Monsanto Co., Cameron International Corp. and Apple Inc. are among stocks making notable moves on Wednesday with the S&P 500 poised to snap a six-session losing streak.

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     Toll Brothers shares are up 0.26% to $35.17 in morning trading on Wednesday, continuing to climb following the release of the company's third quarter earnings results yesterday. The company reported net income of $66.7 million, or 53 cents per share on an adjusted basis, on revenue that fell 3% year over year to $1.03 billion.

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    Shares of Kinross Gold (KGC) were falling 2% to $1.71 on Wednesday as gold prices continue to decline for a second day. Gold for December delivery was down 1.53% to $1,121.20 an ounce on the Comex Wednesday morning. Prices of the precious metal were falling due to the strength of the dollar, according to Reuters.

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    Greece is under growing pressure to take care of banks' problem loans so they are free to lend again, but the depth and complexity of its crisis will make it tough to replicate the comprehensive "bad bank" models set up in Ireland and Spain.

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    Shares of Avago Technologies   are up by 4.25% to $113.12 in mid-morning trading on Wednesday, ahead of the release of the company's 2015 third quarter earnings results, due out after the market close today. Analysts are expecting that the company will post a year over year rise in earnings and revenue for the most recent quarter.

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    Shares of Eldorado Gold (EGO) were falling 5.7% to $2.80 Wednesday as gold prices continue to decline for a second day. Gold for December delivery was down 1.63% to $1,120 an ounce on the Comex Wednesday morning. Prices of the precious metal were falling due to the strength of the dollar, according to Reuters.

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     Seadrill shares are up 2.05% to $6.47 in early market trading ahead of the release of the offshore drilling contractor services provider's second quarter earnings release tomorrow before the market opens. The Bermuda-based company is expected to report second quarter earnings of 64 cents per share on revenue of $1.19 billion.

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     Cameron International stock is climbing by 41.25% to $59.99 on heavy trading volume on Wednesday morning, after the company agreed to be acquired by Schlumberger in a transaction valued at $14.8 billion. Schlumberger stock is falling 5.25% to $68.71 on heavy trading volume this morning. Cameron shareholders will receive 0.716 Schlumberger shares and $14.44 in cash per each share.