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Market watch
Published February 9, 2010, 12:00 pm, The Wenatchee World
NEW YORK (MCT) — A slump in financial stocks Monday sent the Dow Jones Industrial Average to its first close below 10,000 in three months as concerns about the global economy and U.S. interest-rate policy simmered. The blue-chip measure fell 103.84 points, or 1 percent, to 9908.39, near its intraday low in a session that saw selling accelerate into the closing bell. The Dow was led lower by a 3 ...
Greece’s Papaconstantinou Unveils Tax Overhaul to Boost Revenue
Published February 9, 2010, 11:58 am, Bloomberg
Feb. 9 (Bloomberg) -- Greece’s government announced an overhaul of the tax system, including higher levies on dividends, and reiterated a pledge to freeze wages of public workers to rein in the European Union’s biggest budget deficit.
PREP BOYS BASKETBALL: Foes hound Roundtree, take sparkle off of Stars
Published February 9, 2010, 11:52 am, Suburban Journals
McCluer North point guard Ollie Roundtree was feeding more guys than a McDonald's fry cook through the first 11 games of the season.
Rates to fight housing booms
Published February 9, 2010, 11:50 am, Business Day
Reserve Bank governor Glenn Stevens says the Reserve could raise interest rates in future to stop rising house prices developing into a boom and bust.
Mexico’s Nafinsa to Back 36 Billion Pesos in Loans (Update1)
Published February 9, 2010, 11:49 am, Bloomberg
Feb. 9 (Bloomberg) -- Mexican development bank Nacional Financiera SNC plans to auction guarantees this year for as much as 36 billion pesos ($2.8 billion) in loans that commercial banks will give small and medium-sized businesses.
Alpha Natural, Hartford Financial, Vishay: U.S. Equity Movers
Published February 9, 2010, 11:46 am, Bloomberg
Feb. 9 (Bloomberg) -- Shares of the following companies are having unusual moves in U.S. trading . Stock symbols are in parentheses. Prices are as of 1:45 p.m. in New York.
FanHouse: Kansas proves it’s as dominant as it gets
Published February 9, 2010, 11:45 am, MSNBC
AUSTIN, Texas -- As college basketball teams go these days, the top-ranked Kansas Jayhawks are about as dominant as they come. They defend well, rebound and can get scoring from all five positions on the floor.
Paul helps lead Missouri past Nebraska 70-53
Published February 9, 2010, 11:42 am, Park Hills Daily Journal
COLUMBIA, Mo. (AP) - An unexpected source of offense helped Missouri put away Nebraska.
Dow Surges Above 10,000 After Monday Slump
Published February 9, 2010, 11:39 am, WCBS-TV New York
The Dow Jones industrial average climbed back above 10,000 on hope that the European Union will help Greece manage its growing debt burden. The Dow was up more than 200 points Tuesday after closing below 10,000 on Monday for the first time in three months.
15% fall in share dividends leaves pensions exposed
Published February 9, 2010, 11:28 am, Guardian Unlimited
Sector left dangerously dependent on oil, tobacco and drugs firms as banks slump British companies paid out £10bn less in dividends in 2009 compared with the previous year leaving pension and other investment funds dangerously dependent on carbon-heavy oil groups, BP and Shell, for a quarter of all such income, new research shows. A total of £57bn was handed out to shareholders last year, 15 ...
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