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December 20, 2011, 3:17 PM EST
Created on Tuesday, 20 December 2011 14:30
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- Category: Financial News Highlights
WASHINGTON (Reuters) - The Federal Reserve proposed new capital and liquidity rules for the largest U.S. banks that would roll out in two phases and not likely go further than international standards.
The plan issued on Tuesday
Created on Tuesday, 20 December 2011 14:31
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- Category: Financial News Highlights
NEW YORK (Reuters) - Stocks rallied nearly 3 percent on Tuesday as investors bought surging banks, homebuilders and networking companies, though low volume was seen as amplifying the market's move.
Investors jumped on a banking sector that
Created on Tuesday, 20 December 2011 14:34
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- Category: Financial News Highlights
Always, I’m searching for an abstraction that embraces the kind of world we live in and how it impacts financial markets. You don’t find this in Wall Street’s jitterbugging over quarterly earnings reports, management changes, deals, the collaring of inside info traders or even new product innovations like iPads
Created on Tuesday, 20 December 2011 14:31
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- Category: Financial News Highlights
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
ConAgra Foods Inc., up $1.02 at $26.19
The food maker reported that its second quarter net income fell 15 percent, but results beat expectations as it raised prices.
General Mills Inc.,
Created on Tuesday, 20 December 2011 14:37
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- Category: Financial News Highlights