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Intel (INTC) reports slightly lower than expected sales and earnings
Target lowers 1Q sales and earnings projections
Volatility Index (VIX) rises
U.S. housing construction jumps 7% in March
European March car sales down over 10% and IMF sees drop in GDP for Euroland
Posted on Wednesday, April 17, 2013 11:55 AM
European car sales have slid to a 20 year low on a 17% decline in auto sales in Germany. Sales of GM vehicles fell 13% including a 28% drop in Chevy sales in Europe. In addition, Toyota sales in Europe fell 17% in March.