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    The S&P 500 closed just 0.2% off its all-time high Monday. Tim Seymour, managing partner of Triogem Asset Management, disagreed, saying growth is taking stocks higher. Bonds have not performed well. Seymour said commodities appear to have bottomed. When it comes to fracking companies, Seymour said EOG Resources (EOG) and Anadarko Petroleum (APC)  are "very efficient," even with oil at $50 per barrel.

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    GLASGOW, May 5 (Reuters) - European shares were set to pause at the open on Tuesday after strong gains in the previous session, with the UK's top share index set to outperform after a public holiday. Financials were set to be in focus after UBS said it is in advanced talks with the U.S. Department of Justice (DOJ) to settle allegations of foreign exchange market rigging, as Switzerland's biggest bank by assets posted forecast-beating first-quarter earnings. Futures on the Euro Stoxx 50, German DAX and French CAC were all 0.1 percent to 0.3 percent lower by 0614 GMT. European shares advanced in thin trade on Monday, boosted by better-than-expected German manufacturing data and merger and acquisition speculation about chemicals companies. Germany's DAX rose 1.4 percent Trading volume was lighter than usual on most indexes because of a public holiday in Britain, Europe's largest stock market. Futures on the FTSE 100 were up 0.7 percent on Tuesday, with traders saying Britain's FTSE 100 was set to play catch up with Europe after missing out on Monday's gains. Some traders cited continued uncertainty over Greece as capping market gains in the euro zone. Wide differences over pension and labour reforms continued to dog intensive negotiations between Greece's leftist government and its international creditors despite progress in other areas as the country's cash position becomes increasingly critical. "An agreement on Greek debt load remains elusive so waiting on the side-lines could prove an acceptable approach," Derek Baker, trader at London Capital Group, said in a note. Cement makers Holcim Ltd and Lafarge S.A. on Monday won U.S. antitrust approval to merge after they agreed to divest assets, the Federal Trade Commission. COMPANY NEWS CREDIT SUISSE Credit Suisse has quietly withdrawn a request for a waiver to raise capital more easily, after U.S. Securities and Exchange Commission staffers told the bank in recent weeks it would not win approval, people familiar with the matter told Reuters. For more, click on UBS UBS said it is in advanced talks with the U.S. Department of Justice to settle allegations of foreign exchange market rigging, as Switzerland's biggest bank posted forecast-beating first-quarter earnings. For more, click on HOLCIM, LAFARGE Holcim Ltd, a Swiss cement maker, and Lafarge S.A., which is based in Paris, on Monday won U.S. antitrust approval to merge after they agreed to divest assets, the Federal Trade Commission. For more, click on ROYAL DUTCH SHELL - Shell's quest to return to Arctic drilling for the first time in three years could face delays after Seattle ruled that the city's port must apply for a permit for the company to use it as a hub for drilling rigs. SANOFI Rebel investors made a mark at the drugmaker's annual shareholder meeting as resolutions approving millions of euros paid to attract a new boss and pay off the one it had sacked were passed with fewer than two out of three votes cast. VINCI The construction and concessions group said it completed the acquisition of Indonesian company PT Istana Karang Laut, which is active in the upstream and downstream sectors of Asia's oil and gas industry, and has annual revenue of around 30 million euros. CREDIT AGRICOLE Credit Agricole appointed the head of its Credit Agricole Assurances and Predica insurance businesses as chief financial officer to replace Bernard Delpit, who is leaving the French bank to take up the same role at aerospace group Safran. GDF SUEZ, AREVA French gas and power group GDF Suez is interested in some of the activities of nuclear firm Areva, a spokesman for the company said. Areva said it won a contract from Exelon Nuclear to supply 30 additional used fuel storage modules at the Nine Mile Point nuclear station in Scriba, New York. SAINT-GOBAIN The Swiss financial regulator denied an appeal by investors including Bill Gates over a proposed 2.75 billion Swiss franc ($3 billion) takeover of Swiss firm Sika by French rival Saint-Gobain. CARMAT The company said its second artifical heart patient died on Saturday, nine months after receiving the transplant operation. OLYMPIQUE LYONNAIS The soccer club plans to launch a 52 million euro capital increase in the coming weeks, which will be used to refinance convertible bonds and pay for construction work. The group said nine-month sales fell 20 percent to 76.2 million euros. UNILEVER Consumer goods maker Unilever says its brands that most fully embrace its CEO's passion for sustainability perform the best, adding fuel to its oft-repeated argument that social responsibility is good for business. UK ELECTION Ahead of Britain's parliamentary election on Thursday, Prime Minister David Cameron's Conservatives and the opposition Labour Party are tied at 33 percent, according to a YouGov opinion poll for the Sun newspaper published on Monday. SIKA The Swiss financial regulator on Monday denied an appeal by investors including Bill Gates over a proposed 2.75 billion Swiss franc ($3 billion) takeover of Swiss firm Sika by French rival Saint-Gobain. For more, click on DUFRY Dufry said it swung to a first-quarter net loss of 9 million francs after amortization from the acquisition of Nuance. The duty-free retailer said the integration is expected to be completed by year-end and confirmed the 70 million francs in synergies it expects to reap in 2016, but said small contributions could already by seen in 2015. SWISSLOG Swisslog said first-quarter earnings before interest and tax rose sharply to 3.3 million francs as the company worked down a large order backlog from year-end, publishing quarterly figures for the first time in order to align its reporting practices with those of KUKA AG, its main shareholder. BASILEA Basilea said a clinical phase 1 study with the orally administered investigational drug BAL3833/CCT3833 in patients with advanced solid tumors began. BAL3833/CCT3833 is the lead compound of a series of small molecule panRAF inhibitors recently in-licensed by Basilea. HELVETIA Helvetia said the takeover of Nationale Suisse successfully completed and the two firms' insurance units have been merged. At the same time, an integrated organisation model has been introduced for office and field staff. ------------------------------------------------------------------------------ MARKET SNAPSHOT AT 0552 GMT: LAST PCT CHG NET CHG S&P 500 2,114.49 0.29 % 6.2 NIKKEI 19531.63 0.06 % 11.62 MSCI ASIA EX-JP 512.14 -0.5 % -2.55 EUR/USD 1.1132 -0.11 % -0.0012 USD/JPY 120.03 -0.06 % -0.0700 10-YR US TSY 2.146 -- 0.01 YLD 10-YR BUND YLD 0.456 -- 0.00 SPOT GOLD $1,188.04 0.03 % $0.34 US CRUDE $58.90 -0.05 % -0.03 > Asian shares falter, Aussie dollar volatile after rate cut > Wall Street ends on upbeat earnings from Berkshire, Cognizant > TREASURIES-Long bond drops more than a point in thin trading > FOREX-Aussie rebounds after short-lived dip on RBA rate cut > PRECIOUS-Gold clings to gains; US jobs data, rate outlook eyed > METALS-London nickel hits five week high > Brent crude slips on Saudi plan to halt Yemen bombing (Reporting by Alistair Smout)

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    GLASGOW, May 5 (Reuters) - Britain's FTSE 100 index is seen opening up 45 to 47 points, or 0.7 percent higher on Tuesday, according to financial bookmakers. For more on the factors affecting European stocks, please click on * The London stock market was closed for a holiday on Monday. On Friday, the blue-chip FTSE 100 index closed up 0.4 percent at 6,985.95 points, boosted by a surge in Lloyds. * ROYAL DUTCH SHELL - Shell's quest to return to Arctic drilling for the first time in three years could face delays after Seattle ruled that the city's port must apply for a permit for the company to use it as a hub for drilling rigs. * UNILEVER - Consumer goods maker Unilever says its brands that most fully embrace its CEO's passion for sustainability perform the best, adding fuel to its oft-repeated argument that social responsibility is good for business. * UK ELECTION - Ahead of Britain's parliamentary election on Thursday, Prime Minister David Cameron's Conservatives and the opposition Labour Party are tied at 33 percent, according to a YouGov opinion poll for the Sun newspaper published on Monday. * UK CORPORATE DIARY: Aberdeen Asset Half Year 2015 Aberdeen Asset Management PLC Management PLC Earnings Release Just Eat PLC Q1 2015 Just Eat PLC Interim Management Statement Release HSBC Holdings PLC Q1 2015 HSBC Holdings PLC Interim Management Statement Release Indivior PLC Q1 2015 Indivior PLC Earnings Release TODAY'S UK PAPERS > Financial Times > Other business headlines Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit http://topnews.session.rservices.com * BridgeStation: view story .134 For more information on Top News visit http://topnews.reuters.com (Reporting by Alistair Smout)

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    * Quarterly net profit 1.98 bln Sfr vs 1.1 bln Sfr in poll. * Wealth management rm raises 19 bln Sfr in net new money. * Bank says DoJ talks in forex case at an "advanced stage" * Shares up 6.5 pct, highest since late-2008. By Joshua Franklin.

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    Issuance of municipal bonds have steadily increased in 2015 and are up about 60% compared to 2014's pace, according to Jim Grabovac, portfolio manager for the McDonell Intermediate Municipal Bond Fund . The current municipal bond market offers investors a "strong value" right now, Grabovac said. Read More: Warren Buffett's Top 10 Dividend Stocks.

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    HONG KONG-- Investors continue to overlook China's weakening economy in the belief that Beijing will "do what it takes" to restore growth. But the Chinese economy is stubbornly refusing to react to stimulus efforts, and an increasingly overvalued currency may be to blame. Last week, Beijing inadvertently put the yuan in the spotlight after speculation that the People's Bank of China might become the latest central bank to resort to taking out the big bazooka of quantitative easing.

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     General Motors  celebrated completing its 500 millionth vehicle vehicle Monday but the automaker is looking ahead, not back. GM plans to invest $5.4 billion over the next few years to improve its production facilities in the U.S. Alan Batey, president of GM North America, said for automakers that want to be successful in today's market need to have an "incredible array of vehicles."

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    Cisco's  new CEO is already earning high marks from analysts. Robbins hinted that he would improve operational efficiency to control costs but said he would also honor the IT company's long-standing goals and forge ahead with a fresh competitive agenda. Chambers is stepping down after 20 years to pursue personal interests in a move he suggested more than a year ago.

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    The Mayweather-Pacqiao fight this weekend is a lot like trading this bull market: There are a ton of bears calling for the market to turn down, yet it continues to chug along to their consternation. Many fans hate that Mayweather is where he is and it further annoys them that he is usually correct in predicting the outcome of his fights.

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    IT services and consulting giant Cognizant Technology Solutions (CTSH) said Monday its new Digital Works initiative, which helps its clients design, build and run their digital businesses by simplifying big data issues and offering better analytics, is helping the company lure its digital enterprise clients to its traditional services, too.

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     How should we value early stage start-up companies? . With some thinking that a new tech bubble is brewing, it's an important question these days. And it's a tough one to answer. Our formula for valuation is more of an art than a science, but it's rooted in logic. Capital Requirements. The first thing we look at is how much capital a start-up needs to accomplish their 12-to-18 month goals.

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    After what was no doubt a wild weekend in Omaha, it seems only fitting to kick off the week looking at Berkshire Hathaway  shares. For now, Warren Buffett gets a pass into the bullish camp, but I will say up front that the long-term picture of Berkshire shares isn't without its challenges. We can see price move above resistance on Friday going into the weekend's annual shareholder meeting.

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    3 ways the next bear market could hit. Few people believe the U.S. market is in a bubble. After all, we've made all-time highs, numerous analysts have appeared on TV stating the bull market is just getting started, and according to sentiment indicators, complacency is at historic levels.

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    Comcast (CMCSA) remains a huge, well-positioned company, but investors may want to see more than just business as usual if the stock is to regain momentum after last month's termination of its planned merger with Time Warner Cable (TWX), Possible catalysts include a new video offering along the lines of Dish Network's   SlingTV or Time Warner's  HBO NOW, or even another acquisition, albeit one with a much sm...

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    The stock market's five major averages are straddling their key weekly moving averages, so it's premature to follow the popular investing strategy of "Sell in May and go away." New highs are possible for these averages, but so are closes below all five key weekly moving averages.

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    Kids need information to make good decisions. As parents, conversations with our kids about careers can be frustrating for a number of obvious reasons. But as high school and college graduations approach and the kids prepare to leave for school or to enter the real world, now may be the best time to talk about careers.