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    Monthly Archives: July, 2012

    Treasuries Surge on Refuge Demand as Auctions Set Records

    Treasury yields fell close to all- time lows as an almost insatiable desire for the safest assets amid signs global growth is stalling helped...

    Peugeot Chief Seeks Cuts to Labor Costs

    PARIS—Investors abandoned Peugeot SA in droves Friday, driving its share price to its lowest level in over a quarter century, as a potential credit...

    With slower growth, China can’t play economic hero

    BEIJING (AP) — China's economic growth fell to a three-year low, and a potential recovery later this year will probably be too weak to...

    Wells Fargo Posts $4.6 Billion Profit, Up 17%

    Wells Fargo reported its 10th consecutive quarter of earnings growth as a result of a booming business originating and refinancing mortgages. The bank’s second-quarter profit...

    Visa, MasterCard Settle Merchants’ Swipe-Fee Lawsuit

    Visa Inc. (V), MasterCard Inc. and some of the biggest U.S. banks agreed to a settlement of at least $6.05 billion in a price-fixing...

    PFGBest chief arrested, admits 20-year fraud, FBI says

    CHICAGO (Reuters) - Russell Wasendorf Sr was arrested on Friday after allegedly stealing more than $100 million from clients of his now-bankrupt brokerage PFGBest,...

    Mining company cries foul over postponement of N.W.T. hearings

    A mining company is concerned the postponement of public hearings on its NICO project could delay construction plans and add another year to a...

    In Latest Data on Economy, Experts See Signs of Pickup

    Despite the recent run of disappointing economic data, a broad range of experts and forecasters expect the economy to improve slightly in coming months,...

    Martha Stewart, J.C. Penney deal hits legal setback

    NEW YORK (Reuters) - A state judge on Friday temporarily blocked plans by Martha Stewart Living Omnimedia to sell certain branded products at J.C....

    Three Common Mistakes of First-Time Investors

    Before you jump into the markets, take the time to learn from the missteps of novice investors. Here are three common first-time investing mistakes. Not...

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