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Homebuilders have had a rough 2008, with revenues down nearly 40 percent in the first nine months of the year. Figures due out this week for November existing and new home sales are expected to show...
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S&P TOPS 900, REACHES ONE-MONTH HIGH
U.S. equity investors acclaimed the Federal Reserve’s gloves-off effort to blunt the effects of economic recession, launching major market averages sharply hig...
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Filed under: Earnings reports, Analyst upgrades and downgrades, Ford Motor (F), General Motors (GM), Toyota Motor Corp. (TM), Altria Group (MO), Best Buy (BBY), Centex Corp (CTX), Kroger Co (KR), Fede...
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DELINQUENCIES HIT RECORDS AMID DISMAL LABOR STRAITS
Banks, consumer credit providers, and homebuilders all turned sharply weaker in Friday’s trading, providing ample evidence - as is such were needed...
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GOV’T PLANS ON MORTGAGES FINDS TRACTION
There’s been a measure of bailout fatigue on the part of Wall Street recently. Everyday a new plan, many of them met with disinterest and yawns. The latest wrin...
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