 Treasurys end year as one of best 2011 investments
(AP)
 30.12.2011 22:24  0 views  0 comments
AP - Investors clamored for Treasurys in 2011, giving the market its best return since 2008, even after the US government lost its sterling AAA credit rating. The turmoil in global markets only seemed to increase demand for Treasurys, which are still seen as the lowest-risk investments anywhere. Read more »
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AIG's UGC business to launch loan-document product
(Reuters)
30.12.2011 18:16 3 views 0 comments
Tags: Reuters, American, International, Group
Reuters - American International Group Inc's mortgage-insurance subsidiary plans to launch a product next month that will independently review and store loan paperwork for a fee, the latest attempt to cut down on the battles between banks and insurers over bad mortgage loans. Read more »
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Ford brand 2011 U.S. sales top 2 million
(Reuters)
30.12.2011 17:34 5 views 0 comments
Tags: Reuters, United, States, United States, Path, Four, Andy, Star, Brian
 Reuters - Ford Motor said its primary Ford brand vehicle sales topped 2 million in the United States this year, the first time since 2007 that any single automotive brand has reached that level.
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Spain revises up deficit and raises taxes
(AP)
30.12.2011 15:12 2 views 0 comments
Tags: Space
AP - Spain's new government warned Friday that the country's budget deficit will be much higher than anticipated this year, as it unveiled a first batch of austerity measures that include surprise income and property tax hikes. Read more »
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Oakland protesters who took over foreclosed home arrested
(Reuters)
30.12.2011 14:55 10 views 0 comments
Tags: Ward, Reuters, Street, Wall Street
Reuters - A dozen anti-Wall Street protesters who had taken over a foreclosed home in Oakland were arrested on Thursday, protest organizers said. Read more »
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Financial market credit tightened at year end: Fed
(Reuters)
29.12.2011 19:26 2 views 0 comments
Tags: Reuters, Financial, Federal, Reserve, Federal Reserve, Bang
Reuters - Banks tightened the screws on lending to major financial market participants in recent months, the U.S. Federal Reserve said on Thursday, reflecting concerns about Europe's banking crisis. Read more »
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Retail gasoline prices rise 4 cents across Texas
(AP)
29.12.2011 16:58 5 views 0 comments
Tags: Texas
AP - Retail gasoline prices across Texas jumped 4 cents this week as motorists continue traveling during the holidays, some to New Year's gatherings. Read more »
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Saudi to set bourse opening rules by January 15: source
(Reuters)
29.12.2011 15:21 5 views 0 comments
Tags: Reuters, Saudi, January
Reuters - Saudi Arabia is pressing ahead with a long-awaited plan to open up its stock market to foreigners and is now hoping to formalize its rules by January 15, a source with knowledge of the matter told Reuters. Read more »
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Profit and sales rise at egg producer Cal-Maine
(AP)
27.12.2011 16:39 4 views 0 comments
Tags: Maine
AP - Cal-Maine Foods Inc. sold more eggs at higher prices in its fiscal second quarter, boosting profit despite rising feed costs. Read more »
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Bidders queue for MF Global LME stake: sources
(Reuters)
19.11.2011 16:26 16 views 0 comments
Tags: Reuters, Global, London
Reuters - A raft of bidders including J.P. Morgan is lining up for failed brokerage MF Global's stake in the London Metals Exchange, two sources familiar with the situation said, providing some solace for creditors. Read more »
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China says will "strengthen" yuan's trading flexibility
(Reuters)
19.11.2011 15:28 14 views 0 comments
Tags: China, Reuters
Reuters - China will make the yuan more flexible in either direction and recent reforms to make the currency more market-oriented have begun to achieve some results, Premier Wen Jiabao said on Saturday. Read more »
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Asia needs further steps amid euro zone crisis: Japan PM
(Reuters)
19.11.2011 14:26 12 views 0 comments
Tags: Minister, Reuters, Japan, Saturday, Asia, Prime, Prime Minister, Japanese
Reuters - Japanese Prime Minister Yoshihiko Noda said on Saturday Asia needs to consider further steps to avoid a financial crisis as the euro zone's debt problems could spill into the region. Read more »
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More deals in focus as Olympus scandal widens
(Reuters)
19.11.2011 10:36 12 views 0 comments
Tags: Move, November, Reuters, Corp, Tour, Olympic, People
 Reuters - As attention in the Olympus (7733.T) accounting scandal turns to whether funds used to cover up losses were funneled to criminal groups, scrutiny is set to increase on deals not yet in the spotlight, including an ill-fated $780 million investment in technology firm ITX.
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A rally could happen in week ahead but some big "ifs"
(Reuters)
19.11.2011 1:47 19 views 0 comments
Tags: Ward, Reuters, Street, Wall Street
Reuters - Wall Street is in for a volatile week as escalating problems in Europe's debt crisis continue to keep investors on their toes. Read more »
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Analysis: Deficit deadlock may send new chill through markets
(Reuters)
19.11.2011 1:44 13 views 0 comments
Tags: Congress, Reuters
Reuters - A brutal year for global investors may get even worse next week if Congress proves yet again it is too bitterly divided to deliver on its promise to reduce the gaping U.S. budget deficit. Read more »
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Romney declines to endorse supercommittee deal
(AP)
19.11.2011 0:50 4 views 0 comments
Tags: Republican, Chamber, Mike, Manchester
 AP - Republican presidential hopeful Mitt Romney on Friday declined to back a deficit-cutting plan offered by some GOP lawmakers that includes increased tax revenue while comparing the supercommittee process created to help balance the federal budget to a deal with the devil.
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Brazil: Up to 2,600 barrels of oil leaked
(AP)
18.11.2011 23:22 6 views 0 comments
Tags: Police, Federal, Ocean, Frays, Atlantic, Brazilian
 AP - Nearly 110,000 gallons of oil may have spilled into the Atlantic Ocean because of a leak at an offshore Chevron drilling site, Brazil's environmental protection agency said Friday.
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Analysis: IMF can no longer avoid bigger role in euro zone
(Reuters)
18.11.2011 23:12 5 views 0 comments
Tags: Reuters, International, Fund, International Monetary, Monetary, Monetary Fund
Reuters - The International Monetary Fund is inserting itself more forcefully into Europe's efforts to resolve its debt crisis, hoping to stem a contagion that is spreading worldwide and threatening global growth. Read more »
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Congress unlikely to probe Gingrich's Freddie work
(Reuters)
18.11.2011 22:14 5 views 0 comments
Tags: Congress, Republican, Reuters, Congressional, News, Gingrich
Reuters - Congressional committees are in no rush to investigate what U.S. Republican presidential candidate Newt Gingrich did for up to $1.8 million in consulting fees from troubled mortgage giant Freddie Mac. Read more »
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Low-end stores opening earliest on Black Friday
(Reuters)
18.11.2011 20:10 3 views 0 comments
Tags: Reuters, Blast
Reuters - Thanksgiving Day is for eating turkey, watching football and, apparently, shopping at lower-end retailers. Read more »
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