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The U.S. industry traded down for a second straight day on Wednesday over new concerns because of the rate of inflation, according to Bloomberg and other news sources.

Ghosn, who is also Renault SA CEO, said that he or she had not had any talks with Cerberus Capital Management over either an alliance with Chrysler Group as well as separate deal for Machine. Cerberus earlier acquired DaimlerChrysler AG's Chrysler Group because private-equity firms have been funding auto industry merging. The acquisition of Chrysler, early this month has $7.4 billion consideration.



Visa on Wednesday reported fiscal third-quarter net salary of $1 billion, or $1.43 per Class A common share, up from $716 million, or 97 cents per share, a year ago.



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In the overleveraged gold-dollar environment, many countries did start to feel frustrated with the artificial peg. Germany was the first to escape from the artificial peg. Three months later, the dollar went off of the gold standard and other countries quickly eliminated the peg.

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There aren't market moving economic releases today, but Kansas City Fed President Hoenig possibly be speaking at 11:45 AM ET. His remarks should draw regarding attention as Mr. Hoenig has been the one known dissenter at prior FOMC gatherings.

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