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Archive for 'money'

Exiting managers cast pall over hedge fund industry

August 29, 2008

Running a hedge fund was long considered the crown jewel in finance but this summer a growing number of managers have called it quits, […]

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Banks to buy back auction-rate securities

August 25, 2008

Merrill Lynch & Co., Goldman Sachs Group Inc. and Deutsche Bank on Thursday joined other major financial companies in settling with regulators over their […]

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Bargain hunters boost BJ’s Wholesale

August 22, 2008

BJ’s Wholesale Club Inc. raised its full-year profit forecast on Wednesday as the warehouse club operator benefited from frugal shoppers looking for deals.
The Natick, […]

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Fannie Mae raises fees again to mitigate losses

August 6, 2008

Fannie Mae is raising some fees on mortgage loans its purchases, marking the fourth increase in nearly a year, to reflect higher credit risk […]

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Changing Japan grabs investor attention

July 1, 2008

With the rest of the world smarting from the global credit crisis and singed by rising inflation, Japan, rarely a top pick of global […]

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Bankruptcies rose steeply in April

June 6, 2008

Personal bankruptcies in Canada rose to their highest level in more than four years in April, newly released statistics show, as a battered manufacturing sector […]

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Imperial Tobacco plans stock issue

May 21, 2008

LONDON – Imperial Tobacco Group PLC said Tuesday its profit sank 45 percent in the first half and it plans to raise $9.6 billion (all […]

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Condos lift starts, houses at 17-year low

May 18, 2008

WASHINGTON–Construction of new homes in the United States posted the biggest increase in more than two years in April. The growth was driven by […]

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Weston chief lauds Loblaw leaders

May 8, 2008

The head of George Weston Ltd. says executive changes announced last month at the Loblaw subsidiary "will facilitate better overall execution" at the battered grocery […]

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WestJet traffic slips in April

May 6, 2008

CALGARY – A 15-month streak of record load factors ended in April for WestJet Airlines Ltd.(TSX: WJA), as the proportion of seats it filled during […]

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