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Posted by admin on September 10, 2008 under News | 
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Wall Street loses ground as financials weigh (Reuters)
Reuters – The Dow and the S&P 500 briefly turned negative in choppy trade on Wednesday as persistent worries about the health of the financial sector punctured an earlier bounce.
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Market closes well down
MELBOURNE – The Australian share market closed more than 1.5 per cent lower today, weighed down by falls in resource and energy stocks.At the 1615 AEST close, the benchmark S&P/ASX200 was down 87.4 po…
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World stocks soar after Freddie, Fannie bailouts (AP)
AP – World stock markets soared Monday after Washington announced a bailout of mortgage giants Fannie Mae and Freddie Mac
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U.S. stocks plunge as Lehman shares collapse
The europhic emergence of bulls Monday, following the government takeover of Freddie Mac and Fannie May, ended Tuesday as bears took control again.
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Wall Street may cheer Fannie, Freddie bailout (AP)
AP – Wall Street finally got what it’s been angling for: a bailout of Fannie Mae and Freddie Mac that could aid a recovery of the broken U.S. housing market and arrest a slide in stock and credit markets worldwide.
Posted by admin on September 9, 2008 under News | Be the First to Comment
US stocks surge on Fannie, Freddie takeover
US stocks soared as investors welcomed the government takeover of beleaguered mortgage giants Fannie Mae and Freddie Mac.
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Wall Street may cheer Fannie, Freddie bailout (AP)
AP – Wall Street finally got what it’s been angling for: a bailout of Fannie Mae and Freddie Mac that could aid a recovery of the broken U.S. housing market and arrest a slide in stock and credit markets worldwide.
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Stock Exchange back to normal after outage
Sign up for the FS newsletter today! According to a spokeswoman from the exchange, the outage occurred after 45 minutes of normal operation at 09:15(BST) yesterday. The outage was not fixed until 16…
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TCI wants Boerse to sell cash unit to LSE: report (Reuters)
Reuters – Hedge fund TCI wants German stock exchange operator Deutsche Boerse to sell its cash equities business to the London Stock Exchange, German business daily Handelsblatt reported on Tuesday.
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Updates, advisories and surprises
) the Dallas holding company for the filtration- and environmental-systems producer Peerless Manufacturing Co., swung to a fiscal fourth-quarter loss from a year-earlier profit on 56% higher revenue…
