In the financial industry, down is up. Iconic bank brands that once inspired confidence now strike fear into the markets.
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Some mortgage companies are slashing the amount that borrowers owe, deciding that a permanent cut in the loan balance may pay off if that helps teetering borrowers avoid foreclosure.
WASHINGTON (Reuters) - Chances dimmed that a last-minute plan being crafted by Republican senators, with White House support, to provide $25 billion to bail out U.S. automakers would receive enough backing from Democrats to pass before the end of this week.
Among the companies whose shares are expected to see active trade in Thursday’s session are Dell Inc., Gap Inc., and GameStop Corp.
Limited Brands Inc. reports its quarterly profit fell 65% from the year-earlier period as store traffic declined at its retail chains, including Victoria's Secret and Bath & Body Works.
COMMODITIES-Copper, oil get cold shoulder, gold seen saferForbes,NY- 43 minutes ago"The data coming out is very, very lousy," said Matthew Zeman, head of trading at LaSalle Futures Group in Chicago. "We simply need the economic backdrop to …Gold Falls in NY as Dollar Climbs; Platinum, Silver Decline BloombergGold range bound, eyeing FOMC minutes for a possible breakout Eco...
CME Group Announces Thanksgiving Day Holiday HoursMarketWatch- 1 hour ago… November 26, the trading floors will cease trading at noon for Foreign Exchange and Interest Rates Products only. On Friday, November 28, Commodities, …CME Group Announces Thanksgiving Day Holiday Hours Trading Markets (press release)all 28 news articles Written by "futures trading" - Google News a...
BOSTON (Reuters) - General Electric Co has quietly changed the way it communicates with Wall Street over the past month, using a company blog, GEReports.com, to share news with investors.
The Big Three U.S. car manufacturers cut their advertising spending this year in another sign of the auto industry's turmoil.
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