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Monthly Archive November, 2009

JC Penney Q3 profit falls, shares up on forecast

November 14, 2009

Department store operator J.C. Penney Co Inc reported a lower quarterly profit on Friday but raised its forecast for the full year to a […]

marketing - Comments closed

Morgan Stanley gets aggressive in luring brokers

November 12, 2009

Morgan Stanley’s brokerage unit is getting more aggressive in trying to lure financial advisers as the wider retail brokerage job market heats up.
Morgan Stanley […]

business - Comments closed

EU objects to Sun-Oracle deal

November 11, 2009

The European Commission has objected to Oracle Corp’s acquisition of computer maker Sun Microsystems Inc, throwing the $7 billion deal into question.
The commission said […]

management - Comments closed

Fed stays the course

November 10, 2009

The Federal Reserve kept its key interest rate near zero once again Wednesday. It added in a statement that although the economy continues to […]

money - Comments closed

Mortgage rates drop below 5 percent: Freddie Mac

November 6, 2009

U.S. mortgage rates fell below 5 percent for the first time in three weeks, a key level that may boost home loan demand and […]

money - Comments closed

Manufacturing at a 3-1/2 year high

November 5, 2009

A key index of U.S. manufacturing activity jumped in October, reaching its highest level in three and a-half years, a purchasing managers’ group said […]

online - Comments closed

Nine U.S. banks seized in largest one-day haul

November 2, 2009

U.S. authorities seized nine failed banks on Friday, the most in a single day since the financial crisis began and the latest stark sign […]

money - Comments closed