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Monday, September 29, 2014

CNBC'S Squawk Box Monday - Belvedere and Schacknow

Matthew Belvedere & Peter Schacknow
In the news today
With just two trading days left in the third quarter, U.S. stock futures started off the week sharply lower following Friday’s big rally, which capped a volatile week of triple-digit moves up and down for the Dow(CNBC)
Chicago Fed President Charles Evans joins CNBC's "Squawk Box" at 8 a.m. ET with his views on interest rates, the economy, and financial markets.
Adding to market uncertainties, pro-democracy protesters expanded their rallies throughout Hong Kong today—defying calls to disperse in a major pushback against Beijing's decision to limit democratic reforms in the Asian financial hub. (AP) | Live CNBC blog | Hong Kong stocks tanked.
Friday's shock announcement that Pimco founder Bill Gross was leaving to join rival Janus Capital (JNS) has taken its toll on his former firm, with Deutsche Bank now expecting around $266 billion in outflows(CNBC)
new breast cancer drug from Switzerland’s Roche (RHHBY) has shown "unprecedented" benefits in a clinical trial, and experts urged its widespread use for women with an aggressive form of the disease. (Reuters)
An investigation of Apple’s (AAPL) tax affairs in Ireland by the European Commission is expected to result in the American tech giant being accused of prospering from illegal deals and facing a record fine. (FT)
Microsoft (MSFT) CEO Satya Nadella is promising to cooperate fully with Chinese authorities in their antitrust investigation, following a meeting with a top regulator in Beijing. (Reuters)
Japan's SoftBank is in talks to acquire DreamWorks Animation (DWA), the Hollywood studio behind the "Shrek" and "Madagascar" movie hits. The buyout terms under consideration would value DreamWorks at $3.4 billion.(Reuters)
Facebook (FB) is making its long-anticipated move to grow its reach and take on Google's (GOOG) DoubleClick. The social network’s new Atlas advertiser tools were unveiled this morning. (CNBC)

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