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Posted by admin on December 21, 2008 under News | 
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Weyerhaeuser slashes dividend on earnings warning
NEW YORK (MarketWatch) — Weyerhaeuser Co. said Friday it's reducing its quarterly dividend to 25 cents a share from 60 cents a share and cutting costs to counteract a business slowdown.
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Madoff agrees to extension of asset freeze (Reuters)
Reuters – Bernard Madoff, the Wall Street investment adviser accused of running a $50 billion securities fraud, has agreed to extend court orders freezing his assets and appointing a receiver for his firm, according to court documents.
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New listings on domestic stock markets fall to 16-year low in 2008+
TOKYO, Dec. 19 (AP) – (Kyodo)Japanese stock markets saw only 49 new company listings in down 72 from the previous year to the lowest level since 1992, with Friday's debut of information technolo…
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London stocks finish down (AFP)
AFP – FTSE 100 stocks finished down on Friday on the back of ratings downgrades and further worrying news on the health of the economy.
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U.S. stocks plunge on oil slide, GE outlook
U.S. stocks ended sharply lower Thursday on market concerns over a collapse of oil prices and a lowering of American giant General Electric's credit outlook and that of its financial arm to negative.T…
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Stocks end bumpy session mostly higher (AP)
AP – Stocks finished a bumpy session mostly higher Friday, as investors, while still somewhat cautious about the economy, were encouraged by the government’s pledge to lend as much as $17.4 billion to U.S. automakers.
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Channell Announces Intent to Further Reduce Costs Through Accelerated SEC Deregistration and Nasdaq Delisting
CHNL ), a designer and manufacturer of telecommunications equipment supplied to operators of communications networks worldwide and water harvesting solutions distributed in markets throughout Austra…
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Automakers jump after TARP made available (Reuters)
Reuters – Shares of General Motors Corp and Ford Motor Co rose before the opening bell on Friday after a senior U.S. official said the White House would make available loans from the Troubled Asset Relief Program to ailing auto manufacturers.
Posted by admin on December 20, 2008 under News | 3 Comments to Read
New listings on domestic stock markets fall to 16-year low in 2008+
TOKYO, Dec. 19 (AP) – (Kyodo)Japanese stock markets saw only 49 new company listings in down 72 from the previous year to the lowest level since 1992, with Friday's debut of information technolo…
Posted by admin on under News | 9 Comments to Read
Nikkei falls 1.1 percent as Toyota slips, BOJ awaited (Reuters)
Reuters – The Nikkei average fell 1.1 percent on Friday in cautious trade ahead of a decision on interest rates by the Bank of Japan, with Toyota Motor (7203.T) retreating after a newspaper report warned about an annual operating loss.
