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| Why the worst may be over in the stock-market correction Moreso than usual, U.S. stock-market investors are likely wonder what's going to happen next. Wall Street is coming off its biggest weekly percentage gain in years, a rally that followed major indexes falling into correction territory, defined as a 10% drop from a recent peak. After a period of historic quiet, ...
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| How hefty debt and falling sales put Tops on financial edge It's not the picture you'd expect at a company that analysts say is stretched to its financial limit and Bloomberg News reports could be on the verge of filing for a bankruptcy reorganization. How can a seemingly solid business, with a strong market share in the Buffalo Niagara region and a solid presence ...
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| Canadian resource players meet the US high-yield debt market For starters, the U.S. high yield market is the biggest and most liquid in the world. It has been financing issuers, both domestic and foreign for more than three decades and has become very good at pricing such securities. (Credit the legendary financier, Michael Milken, for getting the market started.) ...
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| Asian Markets Modestly Higher (RTTNews.com) - Asian stock markets are mostly higher on Wednesday with modest gains following the weak cues overnight from Wall Street and on rising bond yields after the two-year U.S. Treasury note yield hit its highest level in nearly a decade. The U.S. dollar steadied after firming on Tuesday.
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| Walmart's plunge sinks retailers, breaks streak for stocks Walmart plunged 10 percent after reporting weak online sales and disappointing earnings. Grocery store operators, retailers, health care companies and industrial stocks accounted for much of the market's slide. "Investors have been lulled into a false sense that stock markets are not volatile," said Doug ...
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