Posted on
March 12, 2010 by
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Bank of America added nearly 8,000 customers to the ranks of borrowers modifying mortgages under a government program in the latest month.
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March 12, 2010 by
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AnnTaylor Stores eked out a surprise profit in its latest quarter as a sales decline stabilized and it cut back on discounting. The women's clothing retailer forecast a return to sales gains this year.
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March 12, 2010 by
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South Africa defended an application for a $3.75 billion loan from the World Bank, hitting back at criticism the money will fund a power station and increase the country's carbon emissions.
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March 12, 2010 by
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Two U.S. initial public offerings fell on their debuts, underscoring the uncertainty surrounding the new-issues market.
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March 12, 2010 by
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Casino operator MGM Mirage agreed to sell its 50% stake in the Borgata Hotel Casino in Atlantic City in a settlement with New Jersey gambling regulators.
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March 12, 2010 by
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Sir Brian Pitman, the veteran banker who helped transform Lloyds TSB into one of Europe's largest banks, has died at age 78.
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Posted on
February 25, 2010 by
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Piraseus, one of four banks downgraded Tuesday by Fitch Ratings over concerns about Greek banks' funding costs and profitability, said nonperforming loans climbed to 5.1% of all loans, and provisions climbed 27%.
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Posted on
February 25, 2010 by
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Republicans plan to offer a handful of incremental proposals during this week's health-care summit after pushing for broad changes to the country's health-insurance system in recent years.
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Posted on
February 25, 2010 by
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Bonus has become a bad word for traders, investment bankers and top executives at Wall Street securities firms. For thousands of brokers, though, the big bucks just keep rolling in.
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Posted on
February 25, 2010 by
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Vermont's senate blocked efforts by Entergy Corp. to win a 20-year license renewal for its Vermont Yankee nuclear plant.
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