Bank will renegotiate nasty mortgages with borrowers, but its plan is short on details.
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The engine maker lowered its sales growth estimate on fears of a global slowdown.
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In a public dissection, a researcher discusses the company’s biggest product flops.
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Shares plummett as the bank opts for a pricey capital injection over government money.
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The Brazilian iron miner announces it will slash production due to slowing demand.
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Shares plummett as the bank opts for a pricey capital injection over government money.
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Consumer sentiment slides in October, providing justification for latest rate cut.
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French drugmaker bumps up earnings estimate despite canceling a diabetes treatment.
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These close polls are hard to stomach.
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The S&P 500 index lost nearly 20% in October?its worst monthly decline since October 1987.
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Housing slump chills earnings at wood-products concern.
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JP Morgan Chase unveiled a bold new foreclosure prevention program Friday.
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EMI, one of the world’s largest record companies, is considering turning over its distribution, sales and marketing operations in the United States to a rival in an attempt to cut its extensive losses, music industry sources said Friday.
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Still looking for a last-minute Halloween costume to scare those trick-or-treaters knocking on your door? Just put on a suit and tie and start bashing bank stocks. Eek! A short seller!
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Federal Reserve Chairman Ben Bernanke said Friday that the federal government will need to continue to play a role in the future of the mortgage financing market.
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As General Motors struggles to sell cars, one repeated bit of advice is that it needs to shed some brands — especially if it joins forces with Chrysler. But there’s one big roadblock in the way — the dealers who sell those cars.
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Fifth Third Bancorp, which is receiving $3.5 billion in bailout money, will acquire Florida’s failed Freedom Bank.
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The federal government issued another $976.5 million worth of economic stimulus checks to American households in October, the Treasury Department announced Friday.
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The makers of high-end fragrances are smelling profits.
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Lending rates continued to fall Friday, in a sign that the government’s numerous plans to ease the credit crisis are taking hold.
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The art world finally starts to feel the weight of the global financial crisis. All eyes are on New York now.
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Growth in online spending in the U.S. slowed in the third quarter, according to a study released Friday, in yet another sign that the economic slowdown has caused the American consumers to pull back.
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The U.S. dollar rose against its main trading partners Friday as investors took shelter in lower-yielding currencies at the end of a volatile month in global financial markets.
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