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| Yahoo! News: Business Updated : Fri, 21 Nov 2008 00:11:17 GMT FTSE suffers losses (AFP) AFP - London shares were in the backfoot on Thursday as recession fears deepened on new data showing a surge in US jobless claims. Publ.Date : Thu, 20 Nov 2008 17:14:20 GMT Fannie Mae, Freddie Mac suspend some foreclosures (Reuters) Reuters - Fannie Mae and Freddie Mac, the two biggest U.S. home loan finance companies, on Thursday said they would suspend foreclosures of occupied homes until early 2009, as the government moves to stem the tide of home losses plaguing the economy. Publ.Date : Thu, 20 Nov 2008 23:33:13 GMT Dell profit tops Street view, shares rise (Reuters) Reuters - Dell Inc, the world's No. 2 PC maker, posted a better-than-expected quarterly profit on Thursday as cost cuts offset lower revenue, sending its shares up about 6 percent. Publ.Date : Thu, 20 Nov 2008 22:12:21 GMT British retailers discount to lure shoppers (AP) AP - Britain's top retailers are hoping unusual pre-Christmas discounts can convince consumers to open their wallets during a holiday season that coincides with a looming recession. Publ.Date : Thu, 20 Nov 2008 18:54:09 GMT Citigroup shares slide despite Alwaleed move (Reuters) Reuters - Citigroup Inc lost more than one-quarter of its market value on growing worries over whether it has enough capital to withstand billions of dollars of potential losses and despite new support from its largest individual investor. Publ.Date : Thu, 20 Nov 2008 23:28:23 GMT Fannie Mae, Freddie Mac suspend some foreclosures (Reuters) Reuters - Fannie Mae and Freddie Mac, the two biggest U.S. home loan finance companies, on Thursday said they would suspend foreclosures of occupied homes until early 2009, as the government moves to stem the tide of home losses plaguing the economy. Publ.Date : Thu, 20 Nov 2008 23:33:13 GMT S&P dives to lowest level since 1997 (Reuters) Reuters - Stocks plunged yet again on Thursday, as a frantic flight from risk prompted by investors' deepening economic fears drove the benchmark Standard & Poor's 500 index to its lowest level since 1997 -- completing the erasure of more than a decade of stock market gains. Publ.Date : Thu, 20 Nov 2008 22:49:29 GMT Democrats demand U.S. Big 3 offer survival plan (Reuters) Reuters - Democratic congressional leaders, seeking to salvage a bailout of the Big Three automakers, demanded executives provide a business survival plan in exchange for their support of up to $25 billion in loans. Publ.Date : Fri, 21 Nov 2008 00:11:17 GMT |
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