U.S. Stocks Retreat as Yahoo, Energy Producers Lead Declines

U.S. Stocks Retreat as Yahoo, Energy Producers Lead Declines
U.S. stocks fell as Yahoo! Inc. led a slump in technology and media companies after sales trailed analysts’ estimates and energy producers fell on a government report showing an unexpected increase in oil inventories.
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Hong Kong Stocks Decline; Merchants Bank, Oil Producers Retreat

Hong Kong Stocks Decline; Merchants Bank, Oil Producers Retreat
Dec. 14 (Bloomberg) — Hong Kong stocks fell after China Merchants Bank Co. said it will raise as much as 22 billion yuan ($3.2 billion) in a rights offer, while oil producers dropped along with crude prices.
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