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A collection of news and information related to Stock Activities published by Tribune Company sources.
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Wall Street turns cautious ahead of employment report
AP Business WriterA period of relative calm on Wall Street has ended with stocks tumbling in the last hour of trading amid growing investor anxiety about the government's key November employment report. The major indexes have each fallen more than 2.5 percent, including...Tags: Ford Motor Co., Automotive Equipment, Financial Markets, Employment, General Motors Corp.
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World markets end lower ahead of key US jobs data despite European rate cuts
AP Business WriterLONDON (AP) — World stocks closed modestly lower Thursday, despite hefty interest rate cuts across Europe, as Wall Street retreated in the face of fresh grim corporate and economic news and Friday's November jobs report. Argentina was one of the...Tags: Globalization, Wages and Pensions, Central Bank, Business, Money and Monetary Policy
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T to cut 12,000 jobs, 4 percent of staff
AP Technology WriterNEW YORK (AP) — Pressured by the economic turmoil and the mounting loss of traditional phone customers, AT&T Inc. is cutting 12,000 jobs, about 4 percent of its work force. The Dallas-based telecommunications company, the nation's largest, said the...Tags: Layoffs and Downsizing, Collective Contract, Telecommunication Service, Dupont E I Nemours & Company, Unemployment
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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: Ford Motor Co., Macy's, Credit Ratings, Business, Automotive Equipment
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Bernanke wants foreclosure relief; economy sinks deeper as layoffs mount, retails sales tumble
AP Economics WriterWASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke pleaded Thursday for more government action to relieve the foreclosure crisis and break a vicious cycle in which the housing meltdown is plunging the country deeper into recession. Beaten-down...Tags: Ford Motor Co., Layoffs and Downsizing, Macy's, Kohl's Corporation, Business
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Mortgage rates drop to lowest since January amid new government effort to aid mortgage lending
AP Real Estate WriterWASHINGTON (AP) — Rates on 30-year mortgages plunged this week to the lowest level since January after the government launched a sweeping new effort to aid the U.S. housing market. Mortgage finance giant Freddie Mac reported Thursday that average...Tags: Fannie Mae, Consumers, Securities, Freddie Mac, Housing Industry
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Street turns cautious ahead of employment report
Associated PressNEW YORK -- A period of relative calm on Wall Street ended today as stocks tumbled in the final hour of trading on growing investor anxiety about the government's November employment report. The major indexes each fell more than 2.5 percent, including...Tags: Ford Motor Co., Financial Markets, Employment, Credit Ratings, Business
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Home mortgage rates fall, but worries remain about corporate bonds and commercial real estate
AP Business WriterNEW YORK (AP) — Rates may be falling for residential mortgages and the securities backed by them, but there hasn't been a similar loosening in other strained areas of the credit markets. Rising rates on corporate bonds and commercial mortgage-...Tags: Layoffs and Downsizing, Fannie Mae, Wages and Pensions, Securities, Freddie Mac
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STOCK MARKET: A Wild Ride Ends With Sharp Gains
Wall Street withstood another stream of bad economic readings Wednesday, closing sharply higher after investors shuttled between pessimism about the recession and hopes that the nation might start seeing relief soon. The major indexes saw big swings... -
AT & T to cut 12,000 jobs, 4 percent of staff
Associated PressNEW YORK -- AT&T Inc. joined the recession's parade of layoffs Thursday by announcing plans to cut 12,000 jobs, about 4 percent of its work force. The Dallas-based telecommunications company -- the nation's largest -- said the job cuts will take place in...Tags: Layoffs and Downsizing, Collective Contract, Telecommunication Service, Unemployment, Apple iPhone
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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 Broking, Sales, Federal Reserve, Productivity
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Dow withstands downbeat economic reports
From Tribune news servicesFrom Tribune news services Wall Street withstood another stream of bad economic readings Wednesday, closing sharply higher after big swings throughout the day. The major indexes closed up more than 2 percent, giving the market its second straight...Tags: Financial Markets, Federal Reserve
Dec 4, 2008
|Story| Orlando Sentinel
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|Story| Newsday
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|Story| Chicago Tribune
