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Markets Right Now: Tech, banks lead early stock gains The latest on developments in financial markets (all times local):. 9:35 a.m.. Stocks are opening higher on Wall Street, led by gains in technology companies and banks. Hewlett Packard Enterprises jumped 10 percent in early trading Friday and HP rose 7 percent after both companies reported earnings ...
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BankThink Treasury's bankruptcy plan would mean more, not fewer, bailouts Where can one find financing to cover even a fraction of that on virtually no notice and in distressed financial markets? The largest private bankruptcy financing in history was a mere $9 billion, and that was in non-distressed markets. Moreover, any such financing would need to be arranged in advance, ...
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RBS shares drop 4% on fears of heavy US fines - business live The loss of about $2.1bn in market value implies RBS is expected to pony up more than the $4.4bn it had set aside by the end of last year. But the total would still be around half the most pessimistic charge expected. It would be painful, but absorbable, given RBS's key capital buffer had strengthened to ...
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Fed Says US Labor Market Near or Beyond Full Employment Financial-market volatility has surged since policy makers met in January, and financial conditions have tightened. Yields on 10-year government bonds are around four-year highs at 2.88 percent as of Friday morning, while the Standard and Poor's 500 Index is up 1.9 percent for the year after slipping ...
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BMO Capital Markets Upgrades Sun Life Financial (SLF) to "Outperform" Sun Life Financial Inc logo BMO Capital Markets upgraded shares of Sun Life Financial (TSE:SLF) (NYSE:SLF) from a market perform rating to an outperform rating in a report published on Friday, February 16th. They currently have C$61.00 target price on the financial services provider's stock, up from ...
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Market Live: Sensex surges 300 points, Nifty eyes 10500; midcaps extend gains 12:15 pm IPO update: Sembcorp Energy India, an independent power producer, today filed draft papers with capital markets regulator Sebi to float an initial public offering (IPO). The company, which has thermal and renewable power assets in India, is promoted by the Singapore Exchange-listed ...
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Foreign trade propels fourth-quarter German growth, outlook rosy The finance ministry expects the economic upturn to continue at the start of 2018 and Ifo chief Clemens Fuest has said business confidence levels ... protectionist tendencies in the United States, increased volatility on financial markets and possible adverse effects from an unexpectedly strong euro.
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