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Posted by admin on August 18, 2008 under News | 
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Hershey raising prices to offset higher costs; shares fall
LOS ANGELES (MarketWatch) — Hershey Co. shares fell more than 4% Friday evening after the food producer revised its financial outlooks because it is facing higher costs.
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SEC short-selling ban on Fannie, Freddie to end (AP)
AP – A government order expires Tuesday that temporarily banned a certain kind of short-selling of the stocks of mortgage finance companies Fannie Mae and Freddie Mac and 17 large investment banks.
Posted by admin on August 17, 2008 under News | Be the First to Comment
Hershey raising prices to offset higher costs; shares fall
LOS ANGELES (MarketWatch) — Hershey Co. shares fell more than 4% Friday evening after the food producer revised its financial outlooks because it is facing higher costs.
Posted by admin on under News | Be the First to Comment
SEC short-selling ban on Fannie, Freddie to end (AP)
AP – A government order expires Tuesday that temporarily banned a certain kind of short-selling of the stocks of mortgage finance companies Fannie Mae and Freddie Mac and 17 large investment banks.
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Treasury bonds rise, boosted by commodities slide
NEW YORK (MarketWatch) — Treasury bonds rose Friday, sending yields sharply lower, as tumbling commodity prices eased worries about inflation and boosted expectations that the Federal Reserve will no…
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European shares climb further (AFP)
AFP – Europe’s main stock markets extended gains on Friday after an overnight rally on Wall Street which also helped to lift Japanese share prices, dealers said.
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More downside for weak SE Asia property stocks
KUALA LUMPUR – Malaysian property stocks have fallen more than 30 percent this year due to domestic politics and inflation, but an imminent increase in interest rates is dashing any hopes of bargain h…
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SEC, states close to auction-rate pacts: sources (Reuters)
Reuters – U.S. and state regulators are close to reaching a settlement with multiple banks accused of selling auction-rate securities under false pretenses that would force them to repurchase billions of dollars of the now-illiquid securities at face value, people familiar with the matter said on Wednesday.
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Drop in oil, gold reels in Toronto stocks Friday
SAN FRANCISCO (MarketWatch) — Canadian stocks retreated for the second straight day Friday as crude-oil and gold futures closed lower, pulling down shares of energy and mining companies.
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SEC, states close to auction-rate pacts: sources (Reuters)
Reuters – U.S. and state regulators are close to reaching a settlement with multiple banks accused of selling auction-rate securities under false pretenses that would force them to repurchase billions of dollars of the now-illiquid securities at face value, people familiar with the matter said on Wednesday.
