Finance
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Cyprus lawmakers approve key bills for bailoutMar 22, 2013 8:14 pm - NICOSIA, Cyprus — Lawmakers in Cyprus approved three key bills Friday that aim to raise enough money to qualify the country for a broader bailout package and help it avo...
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Investors quitting bonds? Not yetMar 22, 2013 5:21 pm - Market pros call it the Great Rotation. That’s the long-awaited scenario when investors take their money out of bonds and sink it into stocks. It was the buzzword this m...
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Investigators scold Boeing over 787 commentsMar 22, 2013 4:52 pm - Boeing’s comments about the smoldering batteries on its 787 have annoyed the National Transportation Safety Board. Boeing gave its own account of two battery incidents, ...
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Earnings reports buoy stock pricesMar 22, 2013 4:29 pm - Strong company earnings boosted stocks on Wall Street Friday. Investors also saw a chance to add to their holdings after declines earlier in the week. Nike reported a su...
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Cyprus to vote on new plan, Europe skepticalMar 22, 2013 10:35 am - NICOSIA, Cyprus — Cypriot lawmakers are due to vote Friday on a raft of new measures they hope will qualify the country for a bailout package and avoid financial ruin ne...
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Weak Oracle sales, Cyprus fears weigh on US stocksMar 21, 2013 6:53 am - Stocks closed lower on Wall Street Thursday after Oracle’s weak sales results weighed down big U.S. technology companies. Traders also worried about Cyprus running out o...
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Cypriot officials: Plan B drawn up to get bailoutMar 20, 2013 8:45 am - NICOSIA, Cyprus — Searching for a way out of a crippling financial crisis, officials in Cyprus on Wednesday pursued a new bailout strategy that could include a loan from...
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JPMorgan, MF Global trustee reach agreementMar 20, 2013 7:14 am - NEW YORK — JPMorgan Chase has agreed to a deal that will return $546 million to former customers of trading firm MF Global Holdings Ltd., which collapsed in 2011 with $1...
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Deutsche Bank takes $0.8 billion lawsuits chargeMar 20, 2013 7:08 am - FRANKFURT, Germany — Deutsche Bank has cut its 2012 profit figure because of new charges for possible costs from mortgage-related lawsuits in the U.S. The bank said Tue...
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China Telecom profit falls 9.5 percentMar 20, 2013 7:08 am - HONG KONG — State-owned China Telecom Corp. said Wednesday that profit fell 9.5 percent last year because it spent more to market the iPhone as it battled rivals for hig...