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Banking News - Daily Finance and Business News Updates
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Thanks to: ERP Software. Positive Signs For CA Dollar. Monday 19 October 2009. Wachovia racks up massive $8.9 billion loss. Wachovia Corp has announced a huge 2nd Quarter loss of $8.9 billion. Tuesday 22 July 2008. Toronto Dominion To Purchase Hudson United. Tuesday 12 July 2005. Morgan Stanley CEO Steps Aside. Bank, Brokerage, Credit Card Company. Monday 13 June 2005. Morgan Stanley Ups Legal Fund. Tuesday 17 May 2005. Morgan Stanley Shareholders Call For Securities Spinoff. Friday 13 May 2005. Free App...
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Wachovia racks up massive $8.9 billion loss Wachovia Corp has announced a huge 2nd Quarter loss of $8.9 billion
http://www.dailyfinanceupdates.com/Wachovia-racks-up-massive-$8.9-billion-loss_s836.html
Thanks to: ERP Software. Wachovia racks up massive $8.9 billion loss. Posted by Kip Walton on: Tuesday 22 July 2008. Wachovia Corp has announced a huge 2nd Quarter loss of $8.9 billion. The banking firm plans to shake up its mortgage unit, slash its dividend payout to shareholders, and cut thousands of jobs. Chief executive Bob Steel, hired less than two weeks ago to bring the struggling bank back to its former glory, had hinted that he envisioned a smaller, leaner Wachovia.
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Fed Auction Aims to Ease Credit Crisis The Federal Reserve plans to provide $60 billion to commercial banks, through an auction process, in an attempt to ease the current credit crisis.
http://www.dailyfinanceupdates.com/Fed-Auction-Aims-to-Ease-Credit-Crisis_s835.html
Thanks to: ERP Software. Fed Auction Aims to Ease Credit Crisis. Posted by Kip Walton on: Sunday 3 February 2008. The Federal Reserve plans to provide $60 billion to commercial banks, through an auction process, in an attempt to ease the current credit crisis. In a statement on Friday, the Fed announced that it would continue holding the auctions, which began in December, every other week "for as long as necessary to address elevated pressures in short-term funding markets.".
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Oil Jumps High Oil Prices Jump Above $79 A Barrel
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Thanks to: ERP Software. Posted by Amber Holt on: Monday 19 October 2009. Oil Prices Jump Above $79 A Barrel. By midday in Europe, benchmark crude for November delivery was down 15 cents at $78.38 in electronic trading on the New York Mercantile Exchange. Earlier in the session, it rose as high as $79.05. The contract added 95 cents to settle at $78.53 on Friday. Despite several straight days of gains by oil prices, analysts remained cautious. Sponsored By Airports and Airlines Information.
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Microsoft to change Vista Microsoft Corp. has agreed to modify its Windows Vista operating system in response to a complaint from Google.
http://www.dailyfinanceupdates.com/Microsoft-to-change-Vista_s832.html
Thanks to: ERP Software. Microsoft to change Vista. Posted by Kip Walton on: Wednesday 20 June 2007. Microsoft Corp. has agreed to modify its Windows Vista operating system in response to a complaint from Google. The point of contention is the computer search function that puts Google Inc. and other potential rivals at a disadvantage, the Justice Department and Microsoft said on Tuesday. Sponsored By Airports and Airlines Information. Free Apple Mac Air Laptop - Just enter your e-mail address to receive ...
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Chrysler Grabs $1.5 Billion Bailout Zero Percent Financing
http://www.dailyfinanceupdates.com/Chrysler-Grabs-$1.5-Billion-Bailout_s838.html
Thanks to: ERP Software. Chrysler Grabs $1.5 Billion Bailout. Posted by Kip Walton on: Friday 16 January 2009. Another day, another bailout. This time Chrysler has taken $1.5 billion of tax payers money to stay afloat. They say it will allow them to offer customer zero-percent financing on several models (the slow sellers, eh? And help bad credit customers to get a car. We have customers who want to buy our vehicles, dealers who want to order vehicles and employees who want to build cars," Press said in ...
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Delayed Tax Refunds for California 30 day delay on tax refunds for state
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Thanks to: ERP Software. Delayed Tax Refunds for California. Posted by Tim on: Friday 16 January 2009. 30 day delay on tax refunds for state. Bad news for California residents - there will be a 30-day delay on tax refunds and other payments starting Feb. 1 because the state is running out of money. Controller John Chiang said Friday he must delay $3.7 billion in payments next month because lawmakers have failed to address California's growing deficit. Sponsored By Airports and Airlines Information.
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Circuit City To Liquidate ALL Stores Electronics retailer goes under - 30,000 people to lose jobs
http://www.dailyfinanceupdates.com/Circuit-City-To-Liquidate-ALL-Stores_s837.html
Thanks to: ERP Software. Circuit City To Liquidate ALL Stores. Posted by Kip Walton on: Friday 16 January 2009. Electronics retailer goes under - 30,000 people to lose jobs. You know things are bad when the nation's second-biggest retailer goes under. They couldn't find a buyer so all 567 US stores are to be liquidated. That's 30,000 people who will be looking for new jobs. Other recent casualties include KB Toys, which filed for bankruptcy in December and is liquidating stores. Department store chai...
