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  • 04/09/2012 - Bernanke calls for better shadow bank regulation
  • The chairman of the Federal Reserve called Monday night for better regulation of the so-called shadow banking industry, which he says poses risks to the financial system as a whole. Fed Chairman Ben Bernanke told at an Atlanta Fed conference on financial policy that regulation of financial-services firms isn't yet up to the same standards of monetary...
  • 04/08/2012 - Mexican, Brazilian stocks join global selloff
  • Mexican and Brazilian stocks fell Wednesday, taking part in a worldwide selloff in equities as global growth concerns were stoked by a spike in borrowing costs for Spain because of weak demand for the country's debt. The ramp-up in concerns about Spain's economy further fed euro-zone recession fears. It also followed worries about the strength of...
  • 04/08/2012 - Yahoo to cut 2,000 jobs, sees $375 million savings
  • Yahoo Inc. on Wednesday said it's cutting 2,000 jobs in hopes of turning the Web portal into a "smaller, nimbler, more profitable" company. Yahoo (YHOO) said it anticipates saving roughly $375 million a year as a result of the job cuts, as management pursues a plan to "intensify efforts and redeploy resources globally." But one analyst warned ...
  • 03/13/2012 - IBM moves to new all-time highs ...
  • IBM: IBM moves to new all-time highs @ 201.57, lifting over last weeks high vol. peak; IBM now +0.30% in th4 DIA...
  • 03/08/2012 - U.S. jobless claims rise to five-week high
  • New applications for unemployment benefits rose to the highest level in five weeks, but they remained in a range usually associated with better labor-market conditions, government data showed Thursday. Initial claims climbed by 8,000 to a seasonally adjusted 362,000 in the week ended March 3, the Labor Department said. Claims from two weeks ago were re...
  • 02/29/2012 - Europe stocks close flat after Bernanke, LTRO
  • European stock markets posted a flat finish Wednesday after U.S. Federal Reserve Chairman Ben Bernanke, in congressional testimony, said the global economic outlook remains uncertain. Equities had seen choppy trade in earlier activity, struggling to find direction after the European Central Bank allotted 529.5 billion ($713.4 billion) in cheap, three-...
  • 02/22/2012 - Vivus weight-loss drug backed by FDA advisers
  • Vivus Inc. said late Wednesday a Food and Drug Administration advisory panel recommended 20 to 2 that the agency approve its weight-loss drug Qnexa. Shares of Vivus, which had been halted all day Wednesday, surged 91% to $20.11 on heavy volume in after-hours activity. The FDA, which is not bound by the panel recommendations but often follows them, is set to ...
  • 02/22/2012 - The U.S. dollar gained ground versus most major rivals on Wednesday
  • The U.S. dollar gained ground versus most major rivals on Wednesday , climbing above the psychologically important 80-yen level versus the Japanese currency and edging higher versus the euro after data showed weaker-than-expected activity in the euro zone and China....
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