Monthly Archives: June 2011

TMX Group kills merger with London Stock Exchange

TORONTO (AP) — The operators of the Toronto and London stock exchanges have killed a $3.8-billion proposed merger, saying the controversial deal could not garner enough shareholder support to go ahead. TMX Group said Wednesday that a majority of proxy … Continue reading

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BofA’s $8.5 billion settlement won’t be its last

SymbolPriceChangeAGO16.100.00BAC11.140.00C41.500.00JPM40.450.00WFC28.070.00{“s” : “ago,bac,c,jpm,wfc”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} Read More from the Article Source: http://us.rd.yahoo.com/finance/news/rss/story/*http%3A//us.rd.yahoo.com/finance/finhome/topstories/apf/*http%3A//biz.yahoo.com/ap/110629/us_bank_of_america_what_s_next.html

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FDA panel: Revoke drug’s breast cancer approval

SymbolPriceChangeMDCO16.320.00PFE20.670.00{“s” : “mdco,pfe”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} SILVER SPRING, Md. (AP) — A panel of cancer experts has ruled for a second time that Avastin, the best-selling cancer drug in the world, should no longer be usedRead More … Continue reading

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Goldman Sachs warns that layoffs could reach 230

SymbolPriceChangeBRK-A115,540.000.00GS132.530.00{“s” : “brk-a,gs”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} NEW YORK (AP) — Goldman Sachs Group Inc. said Wednesday that it could lay off as many as 230 workers in New York by next spring. The investmentRead More from the … Continue reading

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Fed orders banks to lower retailers’ debit fees

SymbolPriceChangeMA309.700.00TCB14.340.00TGT46.490.00V86.570.00{“s” : “ma,tcb,tgt,v”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} WASHINGTONRead More from the Article Source: http://us.rd.yahoo.com/finance/news/rss/story/*http%3A//us.rd.yahoo.com/finance/news/topnews/*http%3A//biz.yahoo.com/ap/110629/us_fed_debit_cards.html

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Justin Timberlake part of group buying MySpace

Bass guitarist Cameron Schnittger, with the pop rock band Four O’clock Heroes, points to his picture on on the bands’ MySpace web site page in San Jose, Calif., Wednesday, June 29, 2011. News Corp. has sold struggling social networking site … Continue reading

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Report: American Airlines to replace US fleet

SymbolPriceChangeAMR5.410.00BA72.720.00LUV11.390.00{“s” : “amr,ba,luv”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} FORT WORTH, Texas (AP) — American Airlines is in talks with aircraft manufacturers AirbusRead More from the Article Source: http://us.rd.yahoo.com/finance/news/rss/story/*http%3A//us.rd.yahoo.com/finance/news/topnews/*http%3A//biz.yahoo.com/ap/110629/us_american_airlines_us_fleet.html

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Oil near $95 amid hopes for Greek debt resolution

BANGKOK (AP) — Oil hovered below $95 a barrel Thursday in Asia after Greece’s approval of a harsh austerity plan eased concerns about a spreading financial crisis in Europe. Benchmark oil for August delivery was down 27 cents to $94.50 … Continue reading

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Greece set for final vote on cuts after riots

Protesters sleep near tents at Syntagma square in central Athens on Thursday, June 30, 2011. Greek lawmakers are set to pass a bill Thursday to fast-track fresh austerity measures demanded by creditors following two days of rioting in Athens that … Continue reading

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FTSE rallies on Greek expectations (AFP)

LONDON (AFP) – London shares rallied on Wednesday, mirroring gains in most of Asia, on prospects that Greek lawmakers will approve a radical budget action to avert default, while miners gained on rising metals prices. The benchmark FTSE 100 index … Continue reading

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