Markets
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New investment funds target foreclosuresJul 05, 2008 11:00 pm - Vulture funds, as the name suggests, swoop in and buy bankrupt companies and then sell them with a profit in mind. Now a similar investment fund here recently formed to ...
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Indie artists drum up ties to corporations for successJul 05, 2008 11:00 pm - When Greg Laswell recorded a demo in 2002, he ordered 1,000 copies of the CDs, sold a few if he got the chance and saved the boxes in which they were delivered to use as...
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Bottom stock fishers, bewareJul 05, 2008 11:00 pm - Many stocks are looking bombed out, but that doesn't mean they are cheap. That is because earnings estimates often haven't fallen quickly enough to reflect ever-dimmer e...
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Oil prices fall more than $1 a barrel
Jul 04, 2008 11:00 pm - Oil prices fell more than $1 a barrel Friday from record levels set a day earlier on hopes that tensions surrounding Iran's nuclear program could ease and cut the chance...
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Indie artists drum up ties to corporations for successJul 02, 2008 11:00 pm - When Greg Laswell recorded a demo in 2002, he ordered 1,000 copies of the CDs, sold a few if he got the chance and saved the boxes in which they were delivered to use as...
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Stocks end mixed following jobs, services data
Jul 02, 2008 11:00 pm - NEW YORK -- Wall Street capped a shortened trading week with a mixed finish Thursday after some uneven economic data: news of a contraction in the nation's services sect...
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Oil prices rise on supply news
Jul 01, 2008 11:00 pm - NEW YORK -- Oil prices shot to a new high near $144 a barrel Wednesday and headed for a record close as the government reported a bigger-than-expected drop in U.S. crude...
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Stocks drop after new record for oil prices
Jul 01, 2008 11:00 pm - NEW YORK -- Wall Street resumed its sell-off Wednesday after oil hit a new record and a bearish analyst report renewed concerns that General Motors Corp. could run out o...
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Oil climbs on concerns about tight global supplies
Jun 30, 2008 11:00 pm - NEW YORK -- Crude oil futures closed at a new record near $141 a barrel Tuesday on worries about tight supply and mounting tensions in the Middle East. Light, sweet crud...
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Fed auctions $75 billion to ease credit stresses
Jun 30, 2008 11:00 pm - WASHINGTON -- The Federal Reserve has auctioned another $75 billion in loans to squeezed banks to help them overcome credit problems and announced it will provide a fres...