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U.S. Morning Call: Google may shell out $22.5 mln fine

Tuesday, July 10, 2012 - 02:16

July 10 - Google may pay $22.5 million to settle charges that it bypassed the privacy settings of customers using Apple's Safari web browser, says The Wall Street Journal.

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Google paying the price and diamond forgoing pay -- morning call this Tuesday. Google is reportedly close to paying the largest fine the Federal Trade Commission has ever handed out to a single company. The lawsuit journal says the search giant shell out 22 point five million to settle charges that it bypass the privacy settings of customers using. Apple's safari web browser the move allowed to monitor those users who had -- such tracking. Google says that tracking was inadvertent and did not cause any harm to consumers. Earnings it's earnings season off to a slightly better start than anticipated Alcoa reporting a profit that beat lowered expectations. Sales -- -- top forecasts the Dow component which is one of the first firms to report quarterly results. Saying is sticking with its estimate for global aluminum demand in spite of lower prices and curtailing production. So far at least two brokerages aren't convinced they have cut their price target on the stock. Other stocks to watch today include eight S and L and the world's largest chip equipment maker. Intel investing that four billion in the Dutch firm to find some of its research. And to buy up to 15%. Stake. And -- the aviation firm announcing it has a deal to provide GE capital with 10730. Sevens. It also said it's easy aviation market growing at 4% year over the next twenty years. -- is former CEO passing up hey Bob Diamond forgoing his deferred compensation and bonus of up to thirty million for about three million instead diamond forced out of the British bank as a result of the Libor fixing scandal which has already cost more than 450 million in fines. From the US and UK regulators. And is it another MF global more than 200 million in customer funds appears to be missing from accounts. A futures broker PF she passed regulators making the announcement just after the firm's founder and attempted suicide. A broker at can't keep messing with founder's son spoke of a suicide note alluding to some kind of financial troubles with that company. -- your morning called this Tuesday you can follow us on Twitter at Reuters Insider and cliches that are Reuters YouTube channel at Reuters dot com slash Reuters TV. I'm Lisa Bernhard this is Reuters.

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U.S. Morning Call: Google may shell out $22.5 mln fine

Tuesday, July 10, 2012 - 02:16