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Options Honchos Decry SEC's Short-Selling Ban

Posted: 09/22/2008 - The leaders of two of the world's largest options trading and clearing entities are criticizing the Securities and Exchange Commission's emergency ban on short-selling scores of financial stocks.

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Bernanke Testimony, Reports This Week

Posted: 09/22/2008 - Federal Reserve Chairman Ben Bernanke will have three days of scheduled testimony before members of Congress this week.

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Stocks End Week With Moonshot Rally

Posted: 09/22/2008 - It was a week that Wall Street that will long remember, beginning with the failure of Lehman Brothers and capped with the government's rescue plan.

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Mutual Fund Protection Changed

Posted: 09/22/2008 - The Bush administration is making a significant change to its still-evolving plan for rescuing the financial industry.

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Tyson Announces Expansion In Brazil

Posted: 09/18/2008 - Tyson Foods Inc. says it's bought two poultry companies and has acquired majority ownership in a third in southern Brazil, home to the country's biggest producers of corn and soybeans.

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Asian Stocks Tumble

Posted: 09/18/2008 - Asian stocks tumbled Thursday, tracking declines on Wall Street.

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Declines Continue After AIG Bailout

Posted: 09/18/2008 - Stock prices plunged again in the latest session as investors bet that the financial crisis could claim more casualties.

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Shares Plunge

Posted: 09/18/2008 - Shares of Goldman Sachs and Morgan Stanley both plunged Wednesday.

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Reports Due Today

Posted: 09/18/2008 - Before today's opening bell on Wall Street, the Labor Department will release new weekly figures on unemployment claims.

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Bush Cancels Trip Thursday To Work On Economy

Posted: 09/18/2008 - The White House says President Bush is canceling a planned trip to Alabama and Florida today to consult with his economic advisers in Washington.

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Crude Slips

Posted: 09/18/2008 - Oil prices fell Thursday in Asia to around $96 a barrel.

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Wall Street Hits A Seven Year Low

Posted: 09/15/2008 - Wall Street dropped precipitously today, with the Dow Jones industrials suffering their worst point drop since 9/11.

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Wendy's, Triac Approve Takeover

Posted: 09/15/2008 - Shareholders of Wendy's and Triarc have approved a 2.3 billion dollar deal to make the nation's No. 3 hamburger chain a part of billionaire investor Nelson Peltz's empire.

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Crude Drops Below $100

Posted: 09/15/2008 - Oil prices have dropped to a seven-month low, now below $100 a barrel.

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New York Allows AIG To Borrow From Subsidiaries

Posted: 09/15/2008 - New York's governor says he will allow American International Group Inc. to use 20 billion dollars in subsidiary company assets to provide the cash needed for the troubled insurer to stay in business.

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