real estate

Australia shares slip in choppy trade, RBA eyed

* Retailers fall as turnover comes in-line, weather dampens

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UPDATE 2-Element says to pay $1.4 bln for PHH auto leasing unit

(New throughout, adds confirmation of agreement, details of financing, quotes)

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US STOCKS-Dow, S&P edge up; revised ISM reportedly more bullish

* Revised ISM manufacturing data will come close to expectations

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