Finance
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Report: Feds conducting big insider trading probeNov 19, 2010 10:00 pm - NEW YORK — Federal authorities are examining whether multiple insider-trading rings reaped illegal profits totaling tens of millions of dollars, The Wall Street Journal ...
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Harrah's cancels plans for IPONov 18, 2010 10:00 pm - LAS VEGAS — Harrah's Entertainment is canceling its initial public offering, citing market conditions. The casino operator was expected to price the offering on Thursday...
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2 Madoff associates arrested in NY caseNov 17, 2010 10:00 pm - NEW YORK — The FBI says it has arrested two members of Bernard Madoff's back office staff. Joann Crupi was arrested Thursday morning at her home in Westfield, N.J. Annet...
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Mortgage applications tumble for weekNov 16, 2010 10:00 pm - NEW YORK — Applications for mortgages to buy homes and to refinance dropped last week as mortgage rates pulled away from historic lows. The Mortgage Bankers Association ...
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Discover involved in purchase-by-mobile-phone projectNov 15, 2010 10:00 pm - AT&T Inc. and Verizon Wireless, the biggest U.S. mobile carriers, hired former General Electric Co. executive Michael J. Abbott to head a venture that would let people m...
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FDIC issues report on Broadway Bank closureNov 15, 2010 10:00 pm - A new report indicates the failure of Illinois Treasurer Alexi Giannoulias' family bank in Chicago was due to a heavy concentration in real estate loans. The Federal De...
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China to play role in General Motors IPONov 12, 2010 10:00 pm - DETROIT — Among the banks helping General Motors with its initial public stock offering next week are two identified by initials only: ICBC and CICC. Americans uncomfort...
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Mortgage rates fall to fresh lows this weekNov 10, 2010 10:00 pm - NEW YORK — Rates on fixed mortgages dropped to their lowest levels in decades this week after the Federal Reserve unveiled a massive bond-buying program to help spur eco...
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Mortgage rates rise to 4.24 pct, near record lowNov 03, 2010 11:00 pm - WASHINGTON — Rates on 30-year fixed mortgages edged up this week to an average of 4.24 percent, still close to their lowest level in decades. The average rate for 30-yea...
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Freddie Mac posts $4.1 billion loss for third quarterNov 02, 2010 11:00 pm - WASHINGTON — Government-controlled mortgage buyer Freddie Mac on Wednesday posted a narrower loss of $4.1 billon in the third quarter as it asked for an additional $100 ...