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| Archive: Feb 24, 2010 |
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Top Stories Movers & Shakers: Wednesday's biggest gaining and declining stocks Microtune, Navistar, NetSol, Talbots, Wet Seal, ZymoGenetics were among the stocks making notable moves in Wednesday's stock market. Europe Markets: European markets reverse losses to trade higher A successful Portuguese debt auction provides some relief, although bank stocks are mostly lower. Market Snapshot: U.S. stocks rise as Europe worries fade NEW YORK (MarketWatch) -- U.S. stocks bounced back from the previous day's declines as concerns about European bank health subsided. Currencies: Dollar weaker against euro, U.K., Canadian units The U.S. dollar weakens versus most major rivals on Wednesday amid better news out of Canada and the U.K. and a positive opening for U.S. stocks. See All Top Stories >> |
Overnight Stocks AAPL +/- An Apple Inc. senior executive said that the iPhone and Mac maker has looked at large cos. as part of its mergers and acquisition strategy, but none have passed muster. COO Tim Cook noted AAPL has traditionally made small acquisitio... Fed Pres Bullard +/- St. Louis Federal Reserve Bank President James Bullard said on Tues. that regulatory reform proposals before Congress probably won't prevent a future crisis and could hamper the central bank's ability to deal with one. Fed Pres Bull... C + Citigroup Inc. is in talks to sell a hedge-fund business with about $4B in assets as the bank co. continues to whittle down a $547B pool of assets marked for sale, according to people familiar with the sale talks. SkyBridge Capital, a NY...
Consumer Confidence
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ABC News reported that its weekly measure of U.S. consumer confidence slipped NMR + Nomura Holdings Inc. will almost triple annual salaries for some investment-banking and trading recruits, closing a compensation gap with workers who joined in the 2008 takeover of Lehman Brothers Holdings Inc.’s Asian unit. See All Overnight Stocks >> |
Ups & Downs See All Ups & Downs >> |

There was a lot to digest yesterday, in what should have been a fairly benign trading day. Federal Reserve Chairman Ben Bernanke goes before Congress today, in the first of two days of hearings. That should have put many on hold. However, the Treasury made an announcement at noon, increasing its supplementary Financing Program, SPF, to $200 billion from $5 billion. There will be eight $25 billion, 56-day SPF bill sales, each Wedne... full story >>