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- Wall Street falls fifth straight day on debt worries (Reuters)
- Bank profits continue to climb: FDIC (Reuters)
- Third-quarter growth cut on weak inventories (Reuters)
- Watered-down soup sales hurt Campbell (Reuters)
- Santander to sell near $1 billion stake in Chile unit (Reuters)
- IPOs are lifting investor spirits, but not stocks (AP)
- Iran says new sanctions from West "in vain" (Reuters)
- Campbell Soup 1st-quarter net income falls (AP)
- Tour operator Thomas Cook in financial trouble (AP)
- Criminal probe into online mortgage scams widens (AP)
- Greek workers to hold general strike (AP)
- Chains brace for season of holiday discounts (Reuters)
- Police arrest 15 at Massachusetts foreclosure protest (Reuters)
- Oil above $98 ahead of US crude supply data (AP)
- In NH, Obama to push for payroll tax cut extension (AP)
- UAW says could picket foreign brand dealers in U.S. (Reuters)
| Wall Street falls fifth straight day on debt worries (Reuters) Posted: 22 Nov 2011 09:24 AM PST |
| Bank profits continue to climb: FDIC (Reuters) Posted: 22 Nov 2011 07:13 AM PST Reuters - U.S. bank earnings reached their highest point since the second quarter of 2007 but the industry continues to have trouble boosting revenue with the economy struggling. |
| Third-quarter growth cut on weak inventories (Reuters) Posted: 22 Nov 2011 08:50 AM PST Reuters - The U.S. economy grew more slowly than previously estimated in the third quarter as businesses sold inventory to meet strong demand, and a need to restock will likely help propel the recovery this quarter. |
| Watered-down soup sales hurt Campbell (Reuters) Posted: 22 Nov 2011 07:55 AM PST Reuters - Campbell Soup Co , the world's largest soup maker, reported weak quarterly sales as higher prices at its U.S. soup and international businesses put off price-conscious shoppers, sending its shares down 5 percent. |
| Santander to sell near $1 billion stake in Chile unit (Reuters) Posted: 22 Nov 2011 09:19 AM PST Reuters - Spanish bank Santander will sell a 7.8 percent stake in Santander Chile , worth around a billion dollars, to help meet capital requirements amid Europe's spreading crisis, the Chilean affiliate said, sending the local unit's shares plunging. |
| IPOs are lifting investor spirits, but not stocks (AP) Posted: 20 Nov 2011 11:00 AM PST AP - U.S. companies are on track to post record profits this year. Stocks are cheap by some measures. And now even the hot IPO is back, handing riches to a lucky few and filling the rest of us with two emotions necessary for any bull market — envy and greed. |
| Iran says new sanctions from West "in vain" (Reuters) Posted: 22 Nov 2011 05:21 AM PST Reuters - Iran dismissed a new wave of sanctions Tuesday, saying the West's attempts to isolate its economy would only serve to unite Iranians behind their government's nuclear program. |
| Campbell Soup 1st-quarter net income falls (AP) Posted: 22 Nov 2011 09:19 AM PST |
| Tour operator Thomas Cook in financial trouble (AP) Posted: 22 Nov 2011 09:40 AM PST |
| Criminal probe into online mortgage scams widens (AP) Posted: 21 Nov 2011 05:24 PM PST AP - A criminal investigation into mortgage swindlers has expanded beyond deceptive advertising on Google's Internet search engine to root out con artists who were luring their victims on Bing and Yahoo, too. |
| Greek workers to hold general strike (AP) Posted: 22 Nov 2011 08:01 AM PST AP - Greece's two largest labor unions will hold a 24-hour general strike to protest next year's austerity budget — the first major walkout since the appointment of an interim coalition government earlier this month. |
| Chains brace for season of holiday discounts (Reuters) Posted: 21 Nov 2011 02:19 PM PST Reuters - Retailers trying to woo shoppers with early deals and longer hours this week, and throughout the holiday season, could be putting their profits at risk as shoppers search for bargains and not much else. |
| Police arrest 15 at Massachusetts foreclosure protest (Reuters) Posted: 21 Nov 2011 04:46 PM PST Reuters - Fifteen people were arrested at a sit-in against home foreclosures at a Bank of America branch in Massachusetts on Monday, while Tea Party supporters demonstrated across the street, organizers and police said. |
| Oil above $98 ahead of US crude supply data (AP) Posted: 22 Nov 2011 07:41 AM PST |
| In NH, Obama to push for payroll tax cut extension (AP) Posted: 22 Nov 2011 09:11 AM PST |
| UAW says could picket foreign brand dealers in U.S. (Reuters) Posted: 21 Nov 2011 02:07 PM PST Reuters - The United Auto Workers said on Monday it could set up protests outside the U.S. dealerships representing foreign automakers as part of a campaign to organize workers not represented by the UAW. |
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