Wednesday, July 4, 2012

Groupon hit as analysts question model

MARKETWATCH FRONT PAGE

A revision of fourth-quarter results hurts the daily deals provider as two Wall Street analysts downgrade the shares � questioning the business model. See full story.

U.S. stocks rise after economic data

U.S. stocks climb after a gauge of manufacturing rises more than expected in March. See full story.

Gold turns higher; copper adds to gains

Gold futures edge lower Monday following steep gains in the previous session and a quarterly advance of 6.7%. See full story.

China PMI data paint mixed manufacturing picture

China�s manufacturing got a mixed assessment on Sunday, as the official survey for March improved to its highest in a year and a competing survey by HSBC showed the sector moving deeper into contraction. See full story.

U.S. manufacturers pick up pace in March

American manufacturers expanded at a somewhat faster pace in March and most industries experienced growth, according to a closely followed survey. See full story.

MARKETWATCH COMMENTARY

Instead of acknowledging that banks have become a part of government, we keep pretending they are private institutions, writes David Weidner. See full story.

MARKETWATCH PERSONAL FINANCE

Is the state that you have designs on retiring to tax friendly or not? And the basic questions to answer are these: How does the state tax your income? How does it tax your property and your consumption? And what�s the overall tax burden? See full story.

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