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Reports due this week will include German trade and industrial production data for May Monday; the International Monetary Fund’s assessment of the global economy, and China’s consumer and producer price inflation data for June Tuesday; China’s trade data for June (Wednesday); United States weekly initial jobless claims Thursday; and the Thomson Reuters/University of Michigan United States consumer sentiment preliminary report for July, and United States producer prices for June

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Ramba Puku Katha

Co reported that equity awards were made to three new employees subject to the terms and conditions of the XenoPort 2010 Inducement Award Plan. The employees were granted stock options to purchase an aggregate of 12,000 shares of XenoPort's common stock and restricted stock units representing an aggregate of 10,900 shares of XenoPort's common stock. The stock options have a per share exercise price of $4.92.

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Equities opened in the green after the June nonfarm payrolls report handily beat expectations (195K actual, 166K Briefing.com consensus). However, the details of the report took some shine off the headline number as individuals working part-time for economic reasons increased by 322,000, the number of discouraged workers was up by 206,000 from the year-ago period; the percentage of long-term unemployed workers (i.e. 27 weeks or longer) was still too high at 36.7%; and the U6 unemployment rate, which accounts for unemployed and underemployed workers, rose to 14.3% from 13.8%.

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