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OF NOTE...
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The Business Insider - 52 minutes ago It sounds like Federal Judge Jed Rakoff will definitely demand some changes in the proposed SEC settlement with Bank of America. The judge read aloud pieces of Andrew Cuomo's report during a hearing on the settlement today... The Wall Street Journal - 1 hour ago This is to be a week of testing on Iran: of the Iranian government, of the international will to oppose that government and of the delicate balancing act that is American policy, writes Gerald Seib. The Wall Street Journal - 2 hours ago Opposition leader Viktor Yanukovych appeared to win Ukraine's presidential election, near-complete returns showed, but his opponent had not conceded defeat. The Business Insider - 2 hours ago Game developer Electronic Arts (ERTS) barely beat its lowered expectations for its third quarter. EA announced non-GAAP earnings of $0.33 per share for Q3. This was the upper-bound of the reduced guidance the company issued last month, and narrowly beat analysts' consensus forecast of $0... Seeking Alpha - 2 hours ago Brooks McFeely submits:4:07 PM, Feb 8, 2010 NYSE down 68.8 (1%) to 6,713.99.DJIA down 103 (1%) to 9,908.S&P 500 down 9 (0.9%) to 1,057.Nasdaq down 15 (0.7%) to 2,126... The Wall Street Journal - 2 hours ago The Dow Jones Industrial Average closed below 10000 for the first time in three months, hurt by declines in all its financial components. NYT Dealbook - 2 hours ago A federal judge put a Securities and Exchange Commission lawyer on the defensive on Monday afternoon over a settlement resolving civil charges that accused Bank of America of misleading investors when it acquired Merrill Lynch. The Wall Street Journal - 2 hours ago U.S. proposals to ban banks from using their capital to acquire stakes in companies would have the biggest impact on Goldman Sachs, which has the world's largest private-equity operation. Reuters - 2 hours ago NEW YORK (Reuters) - CIT Group Inc said its new Chief Executive John Thain will get an annual base salary of $6 million, most of which is in stock, and a bonus of up to another $1... Seeking Alpha - 3 hours ago Trader Mark submits:Despite enjoying 2 full quarters of 'recovery', and coming off a hefty 5.7% GDP quarter - the reality is not so happy down on Main Street (business). Keep in mind the year over year comparisons are versus the period of time (fall 2008/winter 2008-2009) when the recession was at its deepest, so to see continued "growth" in this area is certainly not a green shoot... |
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