Stocks turn in worst performance for new president (AP)

Posted by admin on March 13, 2009 under News | Be the First to Comment

Stocks turn in worst performance for new president (AP)

Anthony Rinaldi, right, of LaBranche & Co. directs trading in shares of Merck & Co. on the floor of the New York Stock Exchange, Monday, March 9, 2009 in New York. Merck & Co. is buying Schering-Plough Corp. for $41.1 billion in stock and cash in a deal that gives the companies more firepower to compete in a drug industry facing slumping sales, tough generic competition and intense pricing pressures. (AP Photo/Henny Ray Abrams)AP – The election of Barack Obama offered the promise of a new set of fixes for the financial crisis and the economy, a do-over that might help nurse the stock market back to health.


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