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JUL 08, 2014 - Business Insider

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10 Things You Need To Know This Morning (DIA, SPY, QQQ)

German Banks Are Next. After BNP Paribas, federal authorities are now targeting Commerzbank for violating U.S. sanctions, the New York Times reports. "The bank, which is suspected of transferring money through its American operations on behalf of companies in Iran and Sudan, could strike a settlement deal with the state and federal authorities as soon as this summer, said the people briefed on the matter, who were not authorized to speak publicly." Deutsche Bank will also come in for a settlement, the paper says.  Two Profit Warnings. Samsung is warning of a profits drop of as ... Read More

Tags: 10 Things You Need To Know This Morning (DIA, SPY, QQQ),  European Central Bank Latest News