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Posted by admin on March 23, 2009 under News | 
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Mexico surprises with 75-basis point rate cut; stocks lose ground
LOS ANGELES (MarketWatch) — Mexican equities slipped Friday, losing gains that followed the central bank's surprise decision to deliver a deeper-than-expected interest-rate cut, with policymakers cit…
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SEC charges adviser to ex-NY official on kickbacks (Reuters)
Reuters – The U.S. Securities and Exchange Commission on Thursday charged the political adviser to New York state’s former comptroller for “corrupting the integrity” of the pension fund by taking kickbacks from companies seeking to manage its money.
Posted by admin on March 22, 2009 under News | Read the First Comment
Wall St slips on profit-taking; Indian ADRs tumble
The Wall Street slipped considerably on Friday owing to profit-taking following its sharp recent gains. The Dow Jones industrial average index shed 1.7% (122 points) at 7,278. The Nasdaq dropped 1.8% …
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Stock futures point to lower open; eyes on Fed (Reuters)
Reuters – U.S. stock index futures pointed to a lower open on Wall Street on Wednesday as investors awaited decisions from the Federal Reserve’s two-day policy setting meeting.
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Egregious Wall Street bonuses may escape unscathed
NEW YORK (Reuters) – The rush to recover bonuses paid by companies getting taxpayer money might not only drain talent away from Wall Street, but perversely, could actually fail to recover cash from th…
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Alcoa down after cutting dividend (Reuters)
Reuters – Shares of Alcoa Inc fell 12.1 percent to $5.38 in premarket trade on Tuesday after the aluminum company cut its quarterly dividend to 3 cents from 17 cents late Monday.
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New York Stock Exchange says it will bump Visteon shares from trading on March 30
DETROIT (AP) – The New York Stock Exchange says it will remove shares of auto parts supplier Visteon Corp. from the exchange starting March 30. The exchange released its decision in a filing Friday a…
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FTSE closes higher on insurers (AFP)
AFP – Leading stocks in London closed slightly in the black on Friday, largely due to positive performances across the board from insurers.
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Stocks Show Weakness Entering Last Hour Of Trading
(RTTNews) – Entering the last hour of trading for the week, stocks are just off their lows of the day, holding well below the unchanged line.Real estate and banking stocks continue to lead the declin…
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Wall St. hurt by banks as TALF falls short (Reuters)
Reuters – Stocks slid on Friday as the Federal Reserve’s plan to rekindle consumer and small business lending fell short of expectations and General Electric was hit by analysts’ bearish comments.
