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Bank of Japan likely to hold rate-cut fire for now
The Bank of Japan's policy board will consider additional measures to calm financial markets and bolster consumer confidence this when it meets this week, but is unlikely to announce further interest rate cuts Friday.
Bond Report: Treasurys edge up as reports add to dismal economic outlook
Treasurys are little changed after a private report said companies cut more jobs than expected in October, adding to evidence the U.S. economy is in recession.
Economic Preview: Harsh economic data expected for coming week
The economic data in the coming holiday-shortened week is expected to take a dramatic turn for the worse, with weak durable-goods sales, consumer spending, and housing data, analysts say.
Economic Preview: Harsh economic data expected for coming week
The economic data in the coming holiday-shortened week is expected to take a dramatic turn for the worse, with weak durable-goods sales, consumer spending, and housing data, analysts say.
Fidelity Nat'l Financial ends plan to acquire LandAmerica
Fidelity National Financial Inc. said late on Friday that it ended its definitive agreement to acquire LandAmerica Financial Group Inc.
Fidelity Nat'l Financial ends plan to acquire LandAmerica
Fidelity National Financial Inc. said late on Friday that it ended its definitive agreement to acquire LandAmerica Financial Group Inc.
FDIC and state regulators shutter three banks
In the biggest number of bank seizures on a single day, the Federal Deposit Insurance Corp. and state regulators have shut down two banks in Southern California and one in Georgia.
FDIC and state regulators shutter three banks
In the biggest number of bank seizures on a single day, the Federal Deposit Insurance Corp. and state regulators have shut down two banks in Southern California and one in Georgia.
Citi under $4, Pandit said to reject Smith Barney sale
Shares of Citigroup crumble as much 24%, skidding below the $4 mark based on news reports that Chief Executive Vikram Pandit has blamed ?rumormongering? for the collapse of its stock price, and that he has ruled out a sale of the firm?s Smith Barney investment-banking business.
Weekend Investor: Stocks look cheap, but that doesn't mean you should buy
Call it the Great Give-Back. The market's latest swoon this week sent the Standard & Poor's 500 Index to its lowest level in more than a decade, and the benchmark has lost almost half of its value since October 2007. Optimism is in short supply; so are stocks cheap? Is the U.S. market now the Great Give-Away?
Financial Stocks: Banking stocks sell off; Citi below $4 a share
Citigroup Inc. appears to be in a struggle for survival heading into the weekend as the company's shares trade below $4 amid the latest slide in banking stocks.
Geithner, Clinton, Richardson tapped for key Obama posts
Reaching out to veteran policy-makers in a troubled economic climate, President-elect Barack Obama reportedly fills three critical posts for his administration.
The Stockpickers: Loomis Sayles fund manager favors H-P, Travelers, Pulte Homes
WASHINGTON (MarketWatch) -- The bear market has been a steel trap for investors, but mutual-fund managers such as Warren Koontz are beating the bushes for long-term values once the economy recovers.
Currencies: Dollar lower as stocks recover ground
The U.S. dollar declined Friday versus major currencies including the euro and British pound as currency markets took the cue from the gains in U.S. stocks.
Currencies: Dollar lower as stocks recover ground
The U.S. dollar declined Friday versus major currencies including the euro and British pound as currency markets took the cue from the gains in U.S. stocks.
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