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And Federal Mogul Holdings largest shareholder, activist investor Carl ICON, offering to buy the rest of the

auto parts maker for $7 a share. Global stocks meanwhile moving lower as investors proved

underwhelmed by vague commitments to spur growth at a meeting of a group of 20

finance chiefs and a cut in China's reserve requirement ratio. Japan's

yen strengthening with gold and government bonds on haven demand. We check

the markets every 15 minutes throughout the

...