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Stocks are opening slightly lower as investors balance spiking bond yields in Spain with signs of growth in the U.S. economy.
An auction of 10-year bonds in Spain left the country paying interest rates of nearly 7 percent. That is the highest rate since 1997 and a level that economists see as unsustainable.
In the U.S., applications […]
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Shares of Centene Corp. stock rose 9 percent today in the wake of an earnings report that showed the Clayton-based firm had corralled additional revenue from managing health care services for the poor.
By 3 p.m., Centene was selling for about $31.77 per share, up from $29.07 at Monday’s close of the New York Stock Exchange.
Increased premium and service revenues helped […]
Filed under: Uncategorized, online by Finance Boss
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China said Monday that two officials have been jailed for leaking economic data to securities brokerages and four people who work in the financial industry are being investigated.
The National Administration for Protection of State Secrets said the officials shared classified data numerous times though it gave no specific details about the information or the impact […]
The rise of social media is pitting people who value privacy against those who want to share their lives with others.
That
Filed under: management, technology by Finance Boss
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Federal regulators on Wednesday cited oil company BP PLC and two other companies _ Transocean Ltd. and Halliburton _ for alleged safety and environmental violations stemming from last year’s rig explosion and massive Gulf oil spill.
The companies have 60 days to appeal the citations issued by the Interior Department’s Bureau of Safety and Environmental Enforcement.
The […]
Filed under: Small Business, mortgage by Finance Boss
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Shares in embattled bank Dexia plummeted 33 percent when they resumed trading Monday after the lender became the first major victim of a worsening credit squeeze in Europe.
Shares slid to 0.57 euro Monday afternoon in Brussels. They had been suspended Thursday as governments in Belgium, Luxembourg and France were figuring out how to save the […]
Filed under: Uncategorized, mortgage by Finance Boss
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World governments must not let their focus on spending cuts keep them from creating jobs that will be a key part of economic recovery, an international group of experts warned on Monday.
The Organization for Economic Cooperation and Development and the International Labor Organization say government support for the unemployed _ both with subsidies and job […]
Filed under: homeowners, marketing by Finance Boss
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Meg Whitman, eBay’s former chief executive, was named Thursday to lead Hewlett-Packard, the company said.
She replaces Leo Apotheker, the company’s chief executive, after only 11 months on the job. He is also stepping down as a director.
But Apotheker’s strategy, including consideration of spinning off H-P’s personal computer business from other parts of the company, will […]
Filed under: Small Business, mortgage by Finance Boss
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Stocks shifted between small gains and losses Wednesday morning as traders tried to anticipate what steps the Federal Reserve might take to stimulate the U.S. economy.
Concerns that Greece could fail to qualify for fresh bailout funds kept gains muted.
The Federal Reserve expects to announce the results of the central bank’s two-day policy meeting Wednesday afternoon.
Some […]
Filed under: News, Uncategorized by Finance Boss
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