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European Stocks Seen Lower Ahead of FedEuropean bourses are expected to open a bit lower ahead of the Fed's meeting, which is inducing some fresh caution in the markets. Oil was slightly higher, and the euro was lower against the dollar.
Wall Street Journal Tuesday, August 11, 2009Small manufacturers' pulses perk up
Positive signals from makers of specialty products hint that recovery, if still distant, is not beyond expectation.
Star Tribune Tuesday, August 11, 2009U.S. bailout panel: toxic assets may need more support
WASHINGTON (Reuters) - The Treasury Department should consider expanding programs to cleanse troubled assets from bank balance sheets if current efforts fail to restart markets or if economic conditions worsen, a U.S. bailout watchdog panel said on Tuesday.
Reuters Tuesday, August 11, 2009Wall Street's Woes Boost B-List Firms
Big Wall Street firms are shedding traders as they ratchet back their risk-taking, and smaller firms are stepping up to hire the trading talent.
Wall Street Journal Tuesday, August 11, 2009Stocks On Hold as Fed Looms
The Dow industrials slipped 0.3% as investors took a breather from last week's rally and prepared for the Fed meeting.
Wall Street Journal Tuesday, August 11, 2009Friends Provident in U-turn over Resolution takeover bid
INSURER Friends Provident was on the brink of losing its independence last night after it reopened talks on a fourth takeover approach from Resolution Group worth £1.86 billio
Scotsman Tuesday, August 11, 2009Furniture sales rise but rain sees clothes take a back seat
A LIFT in the housing market combined with wet weather last month sparked the best growth in furniture sales in three years, new figures from the British Retail Consortium
Scotsman Tuesday, August 11, 2009Lloyds shares slump on rights issue uncertainties
SHARES in Lloyds banking group slumped 4 per cent yesterday after two major shareholders showed little appetite for a possible rights issue.
Scotsman Tuesday, August 11, 2009Wall Street retreats
Stocks slipped Monday as investors pulled back ahead of a two-day Federal Reserve meeting and following a big rally that pushed the Dow and S&P 500 to 9-month highs.
CNN Tuesday, August 11, 2009Stimulus plan gives jobless program a timely boost
The state also outlined plans for spending the rest of the funds.
Star Tribune Tuesday, August 11, 20091 2 3 4 5
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