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Homebuilder Confidence in US Rises to One-Year High – Bloomberg
Aug 17th
The Associated Press Homebuilder Confidence in US Rises to One-Year High Bloomberg Aug. 17 (Bloomberg) — Confidence among US homebuilders rose to a one-year high, another sign that the worst of the housing decline that began in 2006 has passed. The National Association of Home Builders/Wells Fargo confidence index … Home-Builder Sentiment Improves Wall Street Journal Builders' confidence inches higher in August MarketWatch Homebuilder sentiment index rises in August The Associated Press Reuters
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US Stocks Lower In Global Sell-Off, Materials Cos Pace Drop – MarketWatch
Aug 17th
Boston Globe US Stocks Lower In Global Sell-Off, Materials Cos Pace Drop MarketWatch US stocks and commodities suffered a broad-based decline Monday as fear spread around the globe that an economic rebound may be further off than previously thought. US investors woke up Monday to China's Shanghai Composite Index on … Stocks tumble as investors worry about consumers The Associated Press Stocks slide on consumer woes CNNMoney.com MARKET COMMENT: Bks, Miners Pace Sharp Losses For Europe Shrs Wall Street Journal New York Times
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Japan Economy Expands 3.7%, Emerges From Recession – Bloomberg
Aug 16th
MSN Malaysia News Japan Economy Expands 3.7%, Emerges From Recession Bloomberg Aug. 17 (Bloomberg) — Japan's economy grew for the first time in five quarters as a revival in exports and consumer spending helped the country climb out of its worst postwar recession. Stocks fell on concern the … Japanese Economy Grows New York Times Exports, stimulus lift Japan out of recession Washington Post Japan's Economy Grows 0.9% in Second Quarter Wall Street Journal MarketWatch
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China Secures 35% Price Cut in Iron Ore Price From Fortescue – Bloomberg
Aug 16th
NEWS.com.au China Secures 35% Price Cut in Iron Ore Price From Fortescue Bloomberg By Bloomberg News Aug. 17 (Bloomberg) — China secured a 35 percent cut in iron ore prices from Australia's Fortescue Metals Group Ltd., and will ask the world's biggest producers Vale SA, BHP Billiton Ltd. and Rio Tinto Group for a similar reduction. … Nikkei Falls; Fortescue Gains Wall Street Journal China announces iron ore deal with Australia miner Forbes Bulletin on 2009 China imported iron ore price negotiation result Alibaba News Channel New York Times
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China Steelmakers Block Privatization – Wall Street Journal
Aug 16th
Straits Times China Steelmakers Block Privatization Wall Street Journal BEIJING — For the second time in a month, protesting steelmakers in China have forced the government to abandon privatization plans, a sign increasing worker activism. Officials in Henan province called off the takeover of the … After Protest, Chinese Officials Halt Steel Mill Sale New York Times Worker protest blocks China steel takeover -report Reuters Chinese steelworkers' protest halts plant takeover The Associated Press AFP
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BB&T Takes Over Failing Colonial BancGroup – New York Times
Aug 15th
Boston Globe BB&T Takes Over Failing Colonial BancGroup New York Times Wall Street's biggest banks may be roaring back to life, but trouble still lurks in corners of the financial industry that remain plagued by a legacy of bad investments. A branch in Washington, of BB&T, a big bank that bought Colonial … Colonial becomes biggest bank failure of 2009 MarketWatch BB&T buys Colonial bank; 4 other banks fail CNNMoney.com BB&T Continues Its Aggressive Climb With Deal Wall Street Journal Bizjournals.com
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BB&T buys Colonial bank; 4 other banks fail – CNNMoney.com
Aug 14th
Boston Globe BB&T buys Colonial bank; 4 other banks fail CNNMoney.com NEW YORK (CNNMoney.com) — Troubled Colonial BancGroup will be bought by rival BB&T Friday, the government said after state regulators closed the bank whose assets had been frozen by a … Colonial BancGroup, 4 other banks shut down The Associated Press It's official: Colonial BancGroup fails Bizjournals.com BB&T Continues Its Aggressive Climb With Deal Wall Street Journal Forbes
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BB&T to buy Colonial bank – report – CNNMoney.com
Aug 14th
Boston Globe BB&T to buy Colonial bank – report CNNMoney.com Southern regional bank Colonial BancGroup, on verge of failure according to judge, could see rival BB&T grab its branches and accounts. By Chris Isidore, CNNMoney.com senior writer The FDIC will notify you by mail about your accounts/loans. … US HOT STOCKS: BB&T, Colonial BancGroup, Tenet, Boeing Wall Street Journal BB&T Said to Be Taking Colonial in Year's Biggest Bank Failure Bloomberg FDIC to seize Colonial, sell assets to BB&T: report Reuters MarketWatch
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Wall Street at new '09 highs – CNNMoney.com
Aug 13th
BBC News Wall Street at new '09 highs CNNMoney.com Stocks muster gains as optimism in Fed report ultimately trumps weaker retail sales and more jobless claims. By Alexandra Twin, CNNMoney.com senior writer When do you believe you will drive an electric vehicle such as the GM Volt? You've got a job. … Wal-Mart, Kohl's beat forecasts, see 'new normal' The Associated Press Wal-Mart Gathers Momentum Forbes US STOCKS-Wall Street edges up, Wal-Mart offsets data Reuters Wall Street Journal
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Wal-Mart quarterly profit roughly flat – Reuters
Aug 13th
Conde Nast Portfolio Wal-Mart quarterly profit roughly flat Reuters SAN FRANCISCO (Reuters) – Wal-Mart Stores Inc reported roughly flat quarterly profit as the strong US dollar lowered the value of its international sales and it faced tough comparisons with last year, when shoppers spent US government issued stimulus … Wal-Mart posts unexpected profit increase MarketWatch Walmart Second Quarter Earnings Exceed Consensus Estimates SYS-CON Media Wal-Mart Stores Q2 Profit Declines – Quick Facts RTT News Gainesville Sun
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