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Dec. 2 (Bloomberg) -- There’s not a lot of light in Paulson & Co.’s 28th-floor headquarters on a drizzly November afternoon. The Alexander Calder sculpture and multicolored prints have been shipped to the firm’s new offices six blocks south. Darkness envelops the New York skyline.
Bonds and stocks have morphed into options. And there you were, thinking you were hunkered down in something safe Times of crisis like today require changes in the way people think about investments. That's because things that had been considered utterly unthinkable are now happening by the day.
PHILADELPHIA----SE Financial Corp. , the holding company for St. Edmond’s Federal Savings Bank, announced net income of $212.7 thousand for the three months ended October 31, 2008 as compared to a net loss of $86.6 thousand for the same period last year.
An expected famine of dividends from beleaguered UK companies has seen investors push their money into investment trusts with large revenue reserves that should be able to maintain pay-outs over the coming months.
NEW YORK (AP) — Wall Street finished higher Friday, wrapping up its biggest five-day rally in more than 75 years, even as investors digested signs of a bleak holiday season for retailers and fears that a flurry of reports next week will show more economic distress.
Wall Street climbed again Friday, wrapping up its biggest five-day rally in more than 75 years, even as investors digested signs of a bleak holiday season for retailers and fears that a flurry of reports next week will show more economic distress.
NEW YORK -- Wall Street climbed again Friday, wrapping up its biggest five-day rally in more than 75 years, even as investors digested signs of a bleak holiday season for retailers.
NEW YORK - Wall Street climbed again today, wrapping up its biggest five-day rally in more than 75 years, even as investors digested signs of a bleak holiday season for retailers.
Wall Street wrapped up its biggest five-day rally in more than 75 years Friday, even as investors digested signs of a bleak holiday season for retailers and fears that a flurry of reports next week will show more economic distress.
Nov. 29 (Bloomberg) -- Japan’s 10-year bonds completed a monthly gain yesterday after a government report showed factory output fell more than expected, signaling a recession in the world’s second-largest economy is deepening.
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