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- Latin American countries will differ in their resilience to the current international crisis, depending partly on the quality of their macroeconomic policies in recent years. Since 2003, Latin America has enjoyed sustained economic growth due mainly ...
- Oct. 8 (Bloomberg) -- Idled Toyota Motor Corp. assembly- line workers in San Antonio are spending two weeks cleaning city parks, removing graffiti, painting benches and fixing fences instead of building pickup trucks. Japan's largest automaker, which ...
- Oct. 7 (Bloomberg) -- The following companies may have unusual price changes in Japanese trading today. Stock symbols are in parentheses, and share prices are from the previous close. The information in each item was released after markets shut ...
- The panicked selloff in the stock market that sent the Dow Jones industrial average down as much as 800 points on Monday before it recovered left investors' jangled nerves further on edge. It also exacerbated worries about money that have grown as ...
- TORONTO - One of Canada's biggest mortgage lenders, TD Canada Trust, is increasing the interest rate charged for its home equity line of credit and variable-interest mortgages. The bank has been charging its prime rate for its Home Equity Lines of ...
- Anchor BanCorp Wisconsin, parent company of AnchorBank, is seeking permission to sell up to $200 million in stock and other securities to raise capital to counter bad commercial loans and help finance its earlier purchase of a New Richmond bank. The ...
- CHARLOTTE, N.C., Oct. 6 /PRNewswire-FirstCall/ -- Bank of America Corporation today reported third quarter 2008 net income of $1.18 billion, or $0.15 per share, down from $3.70 billion, or $0.82 per share, a year earlier. (Logo: http://www.newscom ...
- Oct. 6 (Bloomberg) -- The following companies are having unusual price changes in U.S. trading . Stock symbols are in parentheses, and share prices are as of 2:30 p.m. in New York. Airlines dropped after reporting declines in September passenger ...
- The credit crisis, which has made loans more difficult to obtain, has had a dramatic effect on the sale of pools in the Valley, putting companies out of business and leaving others scrambling to diversify. Pool builders were feeling the pinch as home ...
- NEW YORK (MarketWatch) -- Shares of National City Corp. plunged more than 30% on Monday, dragging down the broader regional banking sector, after Fitch Ratings downgraded the company's issuer default ratings. , , ) "has been battling asset-quality ...
- Mrs. Fields' Original Cookies said the U.S. Bankruptcy Court confirmed its Chapter 11 reorganization plan, providing it with a $10 million, three-year senior term credit facility from certain note holders. It will issue its first publicly traded ...
- SAN ANTONIO--( BUSINESS WIRE )--U.S. Global Investors (Nasdaq: GROW), a registered investment adviser specializing in natural resources and emerging markets, announces that shareholders of the mutual funds managed by the company have approved all of ...
- Oct. 6 (Bloomberg) -- European governments from Brussels to Copenhagen to Berlin rushed to shore up their faltering banks as the credit crunch worsened in Europe. BNP Paribas SA agreed to buy Fortis's units in Belgium and Luxembourg for 14.5 billion ...
- Every week the adage "you can take it to the bank" seems more outdated as the banking industry dumps more bad news on consumers. The news of banks failing has consumers in a panic. Big-name lenders are reducing or freezing existing home-equity lines ...
- In the end, the temptation to join its fellow European governments in insuring the bank deposits of its citizens was just too great for Germany to resist. Chancellor Angela Merkel 's government has become the latest in Europe to insure private ...
- ATLANTA , Oct. 6 /PRNewswire/ -- Almost two-thirds of homeowners who called Consumer Credit Counseling Service (CCCS) of Greater Atlanta for foreclosure prevention counseling in recent months appear to meet the threshold requirements for relief under ...
- Oct. 6 (Bloomberg) -- European governments from Brussels to Copenhagen to Berlin rushed to shore up their faltering financial systems as the credit crunch deepened in Europe. BNP Paribas SA agreed to buy Fortis's units in Belgium and Luxembourg for ...
- A day of reckoning is approaching for some small business owners: Oct. 15, when those who got extensions of the deadline for filing 2007 tax returns must now send in their completed forms -- and pay any tax they owe. For some owners, coming up with ...
- With news from Criterion and IFIC. With stock prices having plunged in September, and mutual fund sales also dismal and massive redemptions, last week was hardly an auspicious time from a marketing perspective to launch a new equity fund and ...
- NEW YORK -- A day of reckoning is approaching for some small-business owners: Oct. 15, when those who got extensions of the deadline for filing 2007 tax returns must now send in their completed forms -- and pay any tax they owe. For some owners ...
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