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24/7 Wall St. Wire Articles
The FOMC is out with its highly anticipated minutes of its last meeting. While there is some clarification and some expansion of their comments along with Ben Bernanke anticipation, we would remind...
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ThinkstockBy a vote of 4 to 1, the U.S. Securities and Exchange Commission (SEC) has approved a proposed rule that would allow hedge funds, private equity firms, and other companies that raise money...
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ThinkstockWholesale inventories posted a fairly decent drop in the May, which may create further room for improved restocking activity into and exiting the summer months. Inventories were down by...
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ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories dropped by 9.9 million barrels last week,...
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courtesy of Apple Inc.In a U.S. District Court ruling this morning, U.S. Department of Justice charges against Apple Inc. (NASDAQ: AAPL) for colluding to fix prices for e-books with several...
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ThinkstockIn a move that even late Prime Minister Margaret Thatcher didn’t care to try, the United Kingdom’s postal service, the Royal Mail, is going to become a public company. The resulting...
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ThinkstockOil field services firm Nabors Industries Ltd. (NYSE: NBR) warned on second-quarter earnings after markets closed last night. The Bermuda-based firm said that it now projects operating...
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ThinkstockFamily Dollar Stores Inc. (NYSE: FDO) reported third-quarter fiscal 2013 results before markets opened this morning. The discount retailer reported diluted earnings per share (EPS) of $1.05...
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ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a drop of 4% in the group’s seasonally adjusted composite index, following...
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July 9, 2013: U.S. equity markets opened higher this morning on a day when there was no economic data due from the U.S. and only a bit from the rest of the world. In China, CPI was unchanged...
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ThinkstockThe U.S. Energy Information Administration (EIA) released the monthly revision to its Short-Term Energy Outlook today, and the major change is that the EIA expects the average price of a...
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ThinkstockIn the month of May, 52,000 U.S. homes were foreclosed, more than a revised total of 50,000 in April and down from 71,000 in May 2012, according to research firm CoreLogic Inc. (NYSE:...
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ThinkstockThe National Federation of Independent Business (NFIB) this morning reported a drop of 0.9 points in its small business optimism index, from 94.4 in May to 93.5 in June. The May index was...
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ThinkstockThe Kroger Co. (NYSE: KR) today announced that it would acquire supermarket chain Harris Teeter Supermarkets Inc. (NYSE: HTSI) for $49.38 a share in cash, or about $2.5 billion. The price...
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ThinkstockThe change was inevitable. The British Bankers Association has been kicked out as the controller of the London Interbank Offered Rate, better known as Libor, and replaced by NYSE Euronext...
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