US Jobless Claims Fall Under Key Level – New York Times MSN Philippines News US Jobless Claims Fall Under Key LevelNew York TimesBy REUTERS WASHINGTON — First-time claims for state unemployment benefits fell more than expected last week, dropping below the important 400000 level for the first time since April, according to a government report [...]
Continue reading …US Stock Futures Slightly Higher Ahead Of Debt Plan Vote, Data – Wall Street Journal
July 28, 2011 No Comment
US Stock Futures Slightly Higher Ahead Of Debt Plan Vote, Data – Wall Street Journal USA Today US Stock Futures Slightly Higher Ahead Of Debt Plan Vote, DataWall Street JournalNEW YORK (Dow Jones)–US stock futures rose slightly Thursday morning, lifting hopes for the first gain in five sessions, but investors remained tentative ahead of a [...]
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Did S&P flip flop on US debt target? – Reuters USA Today Did S&P flip flop on US debt target?ReutersLONDON, July 28 (IFR) – Just when the rating agencies were starting to win some kudos for standing firm in the face of increased regulatory pressure and posturing by politicians, one of their number goes and [...]
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C.Suisse sees robust CoCo market despite FSB snub – Reuters Globe and Mail C.Suisse sees robust CoCo market despite FSB snubReutersZURICH, July 28 (Reuters) – Swiss bank Credit Suisse still sees a strong market developing for contingent convertible bonds (CoCos) after banking regulators ruled they don't count towards the extra core capital big banks must [...]
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Investors, Worried About Debt Talks, Look for Havens – New York Times Globe and Mail Investors, Worried About Debt Talks, Look for HavensNew York TimesGold, currencies like the Swiss franc and bonds issued by companies like Caterpillar are some Treasury alternatives investors are looking to while they ride out uncertainty over the debt-ceiling negotiations in [...]
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Credit Suisse to cut 2000 jobs as profits drop – Houston Chronicle Reuters Credit Suisse to cut 2000 jobs as profits dropHouston ChronicleBy JOHN HEILPRIN AP © 2011 The Associated Press GENEVA — Credit Suisse Group announced fresh job cuts Thursday after posting steeply lower second-quarter net profits of 768 million Swiss francs ($ 959 [...]
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A default could hurt just about everyone – The Tennessean Los Angeles Times A default could hurt just about everyoneThe TennesseanMichael Pistillo, left, calls out prices at the New York Stock Exchange. The Dow Jones industrial average dropped nearly 200 points as Congress continued its stalemate on raising the debt ceiling. / Richard Drew / [...]
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Snapshot: What to expect Thursday in debt crisis – Reuters Fox News (blog) Snapshot: What to expect Thursday in debt crisisReuters* House of Representatives Speaker John Boehner at a closed-door session with fellow Republicans is expected to discuss his revised plan to raise the debt ceiling in a two-step process that links any debt increase [...]
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Dunkin’ Brands has a sweet first day – STLtoday.com Kansas City Star Dunkin' Brands has a sweet first daySTLtoday.comThe Dunkin' Brands Group, owner of the Dunkin' Donuts and Baskin Robbins chains, got a warm reception from investors in its market debut on Wednesday, one of the busiest weeks for public offerings since the financial crisis. [...]
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Citing bailout, S&P cuts Greece’s rating – Boston Globe USA Today Citing bailout, S&P cuts Greece's ratingBoston GlobeIn the latest downgrades to hit the euro zone, Greece had its credit rating cut by Standard & Poor's yesterday, while Moody's Investors Service cut the rating for Cyprus. S&P's rating for Greece, already in junk territory, …Odds [...]
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