Highlights
A collection of news and information related to Stock Broking published by Tribune Company sources.
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Wall Street turns cautious ahead of Friday's employment report; Dow industrials tumble 216
AP Business WriterNEW YORK (AP) — A period of relative calm on Wall Street ended Thursday as stocks tumbled in the final hour of trading on growing investor anxiety ahead of the government's November employment report. The major indexes each slid more than 2.5...Tags: Target Corporation, Unemployment, Metal and Mineral, Employment, General Motors Corp.
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Constellation to lay off more than 800 workers
Constellation Energy Group Inc. will lay off as much as 8 percent of its work force, or more than 800 people, mostly from the commodities trading division that propelled the company to the brink of bankruptcy this year and forced it into a proposed...Tags: Berkshire Hathaway Incorporated, Restructuring and Recapitalization, Unemployment, Bankruptcy, Sales
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Market hope beats pessimism
Associated PressWall Street withstood another stream of bad economic readings yesterday, closing sharply higher after investors shuttled between pessimism about the recession and hope that the nation might start seeing relief soon. The major indexes experienced big...Tags: Federal Reserve, Sales, Philosophy, Productivity
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Nomura to layoff up to 1,000 workers in London as global financial crisis takes toll
Associated Press WriterTOKYO (AP) — Nomura Holdings Inc. will layoff up to 1,000 employees in London, less than three months after it bought big chunks of the global business of failed U.S. investment bank Lehman Brothers Holdings Inc. Since Nomura's headline-grabbing...Tags: Unemployment, Marketing, Lehman Brothers Holdings Incorporated, Employees, Financial Markets
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Stocks rally despite downbeat data
Wall Street withstood another stream of bad economic readings yesterday, closing sharply higher as investors shuttled between pessimism about the recession and hopes that the nation might start seeing relief soon. The major indexes saw big swings...Tags: Stock Activities, Federal Reserve, Sales, Productivity
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Using $2 Million Of UConn's Money, Students Tackle Volatile Stock Market
Special To The CourantTwenty University of Connecticut students have been playing the wildly gyrating stock market this fall -- with money from the university's endowment. Participating in an annual program, the students are getting academic credit for putting nearly $2...Tags: University of Hartford, Colleges and Universities, University of Connecticut, Bankruptcy, Mutual Funds
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Stocks finish higher despite dismal economic data
Associated PressStock prices rose sharply Wednesday, staging their seventh advance in eight sessions, despite another stream of downbeat economic readings. The major indexes saw big swings throughout the day, but all closed up more than 2%. The Dow Jones industrials...Tags: Prices, Sales, Metal and Mineral, E-Commerce Industry, Bonds
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Focusing and building on strengths helps you climb the career ladder
Dania Khan, 31, counts the jobs she's had since college — about seven professional positions. Her career is not atypical of a young professional. It often takes years of exploration before landing a job that fits best. The average person born in...Tags: Colleges and Universities, Lilly Eli & Co, Unemployment, Boca Raton, Boynton Beach
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Orlando brokerage wins award from trade organization
Sentinel Staff WriterThe Orlando office of brokerage giant Cushman & Wakefield has won the 2008 "Company of the Year" award from the Commercial Real Estate Women trade organization in Orlando. Cushman & Wakefield supported CREW with "committee involvement, leadership...Tags: Housing Industry
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Shares in UK rail-bus firm Stagecoach drop 16.5 percent on profit warning
LONDON (AP) _ Shares in Stagecoach Group PLC dropped 16.5 percent Wednesday after the U.K.-based transport company said it expects rail revenue to fall next year amid the deepening economic downturn. Shares fell 16.5 percent to close at 143.2 pence ($2....Tags: Economy
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Ford CEO's Assessment Soothes Stock Market
In a session that showed more indecision than conviction, the stock market rebounded Tuesday from the previous day's massive decline. Investors wary about the economy drew solace from Ford Motor Co. Chief Executive Alan Mulally, who said the automaker...Tags: Stock Activities, Automotive Equipment, General Motors Corp., Ford Motor Co.
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Act now for a more secure retirement
Chicago TribuneWhen it comes to your money, you might have had trouble finding any reason to be thankful. With the stock market down sharply and many a bond fund hit by the credit crisis too, 401(k)'s and other savings have been brutalized in one of the worst financial...Tags: Medicare, Private Health Care, Employers, 401K, Mutual Funds
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