Business Stories from August 18, 2011 (Change date)
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Anger over Finnish deal on Greek bailoutAug 18, 2011 12:00 am - BRUSSELS — A little-noticed deal requiring Greece to put up collateral in order to receive a bailout loan from Finland triggered similar requests from several other euro...
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Falling reserves may signal bond market return: Argentina creditAug 18, 2011 12:00 am - Argentine reserves are falling to their lowest levels in a year, fueling speculation the government may have to tap international debt markets in 2012 for the first time...
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Mortgage rates dip furtherAug 18, 2011 12:00 am - Mortgage rates declined for a third straight week, with the benchmark conforming 30-year fixed mortgage rate now 4.45 percent, according to Bankrate.com’s weekly nationa...
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Anglo Irish plans 30-day talks on redundancies, union saysAug 18, 2011 12:00 am - Anglo Irish Bank Corp. plans to complete negotiations with staff representatives on its redundancy program within 30 days, according to a spokesman for the Irish Bank Of...
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Fitch says U.S. Can issue more debt than other AAA nationsAug 18, 2011 12:00 am - The U.S. is able to issue and support more debt than other AAA-rated sovereign borrowers because of the dollar's status as the world's main reserve currency and its dive...
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Area existing home sales leap 19.2% over 2010Aug 18, 2011 12:00 am - Existing home sales in the area spiked 19.2 percent in July compared to a year ago, the Illinois Association of Realtors reported Thursday. In the nine-county Chicagolan...
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Forest wins board battle against Icahn as investors rallyAug 18, 2011 12:00 am - Aug. 18 (Bloomberg) -- Forest Laboratories Inc. won the support of shareholders today against billionaire investor Carl Icahn’s attempt to restructure the drugmaker’s bo...
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Treasury yields sink to record lowsAug 18, 2011 12:00 am - NEW YORK — Weak economic reports are driving Treasury prices higher and pushing yields to record lows. The yield on the 10-year Treasury briefly dipped below 2 percent ...
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Ask.Com expands web-based smart answers across new categoriesAug 18, 2011 12:00 am - Ask.com today announced several partnerships to drive the expansion of Smart Answers across new categories, enabling people to more easily find actual answers- not links...
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Lawyers accused of scam in bank lawsuitsAug 18, 2011 12:00 am - COSTA MESA, Calif. — California prosecutors filed a major lawsuit against several lawyers and call center operators for allegedly running a nationwide scam to dupe despe...