Finance
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Goldman Sachs 4Q earnings fall 10 percentJan 16, 2015 12:01 am - NEW YORK - Goldman Sachs posted a 10 percent drop in fourth-quarter earnings Friday as trading activity declined. Wall Street investment bank's fixed income, currency an...
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Citigroup says fourth-quarter profit dropped on legal costsJan 15, 2015 12:01 am - NEW YORK - Citigroup said Thursday that its fourth-quarter profit dropped 86 percent after incurring large legal and restructuring charges. The bank earned $350 million...
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Bank of America earnings fall 11 percentJan 15, 2015 12:01 am - NEW YORK - Bank of America reported an 11 percent drop in fourth-quarter earnings Thursday, caused partly by the slowdown in trading revenue that has hit Wall Street. It...
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Switzerland stuns markets by giving up on currency pegJan 15, 2015 12:01 am - LONDON - Bowing to the inevitable, Switzerland has ditched an increasingly expensive policy to limit the export-sapping rise of the Swiss franc - a decision that propell...
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Wells Fargo's earnings edge up as revenue risesJan 14, 2015 12:01 am - NEW YORK - Wells Fargo & Co. reported a slightly higher fourth-quarter profit as the country's biggest mortgage lender generated more income from interest payments. Quar...
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JPMorgan profit falls, hit by legal costs and lower tradingJan 14, 2015 12:01 am - NEW YORK - JPMorgan Chase reported a 7 percent drop in fourth-quarter earnings Wednesday, hit by more legal costs and a drop in trading revenue. JPMorgan, the biggest U....
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Nearly perfect last year, preferred funds face more pressureJan 11, 2015 6:41 am - NEW YORK - Sometimes the middle road is the most exciting one. Both stock and bond mutual funds did well last year, but some of the best returns came from funds that sit...
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Don't know your credit score? You can see it for freeJan 11, 2015 6:19 am - NEW YORK - Good news for those resolving to keep a close eye on their credit history in 2015: There's no need to pay a dime to do so. It's never been easier for consumer...
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1793 penny sells for $2.35 millionJan 09, 2015 12:01 am - DALLAS - A U.S. one-cent piece dating to 1793 has sold at auction for $2.35 million. Dallas-based Heritage Auctions said the penny sold at auction Wednesday in Orlando,...
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Euro sinks after Draghi gives another stimulus hintJan 02, 2015 12:01 am - LONDON - The euro fell Friday to a 4 ½-year low against the dollar after European Central Bank President Mario Draghi indicated the bank could soon back a government bon...