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Business News News Archive - Political Yard

On Wall Street: Bleak reality of US stock markets

Posted on Sep 05, 2008 - 4:45 pm
FT.com - One of Wall Street's tenuous beliefs is to sell stocks in May and not to return to the market until late October.

FT.com

Archive

Ospraie's Anderson forced to shut flagship
Posted on Sep 03, 2008 - 5:28 pm - Reuters
Reuters - In the world of palladium, gold and soy beans, hedge-fund manager Dwight Anderson was known as an imposing figure with an appetite for risk.

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Oil falls below $108 on demand, Gustav threat passes
Posted on Sep 03, 2008 - 11:25 am - Reuters
Reuters - Oil fell more than $2 to below $108 a barrel on Wednesday, weighed down by slowing demand in the United States and other consuming nations and signs the U.S. oil sector would recover quickly from Hurricane Gustav.

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Oil falls below $109 on demand, Gustav threat passes
Posted on Sep 03, 2008 - 10:25 am - Reuters
Reuters - Oil fell below $109 a barrel on Wednesday, weighed down by slowing demand in the United States and other consuming nations and signs the U.S. oil sector would recover quickly from Hurricane Gustav.

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Oil falls below $109 on demand, Gustav threat eases
Posted on Sep 03, 2008 - 9:25 am - Reuters
Reuters - Oil fell below $109 a barrel on Wednesday, weighed down by slowing demand in the United States and other consuming nations and signs the U.S. oil sector would recover quickly from Hurricane Gustav.

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Oil falls below $109 on demand as Gustav threat eases
Posted on Sep 03, 2008 - 6:24 am - Reuters
Reuters - Oil fell below $109 a barrel on Wednesday, weighed down by slowing demand in the United States and other consuming nations and signs the U.S. oil sector would recover quickly from Hurricane Gustav.

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Oil falls to $108 on demand as Gustav threat eases
Posted on Sep 03, 2008 - 4:24 am - Reuters
Reuters - Oil fell to $108 a barrel on Wednesday, weighed down by slowing demand in the United States and other consuming nations and signs the U.S. oil sector would recover quickly from Hurricane Gustav.

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Ospraie fund to close after August hit
Posted on Sep 03, 2008 - 3:23 am - Reuters
Reuters - Hedge fund manager Ospraie Management LLC will close its flagship fund after it plunged 27 percent in August on losses in energy, mining and natural resources equity holdings, in one of the biggest ever closures of a commodities-focused hedge fund.

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Oil slides $1 to below $109 on economy fears
Posted on Sep 03, 2008 - 3:23 am - Reuters
Reuters - Oil dropped more than $1 to below $109 on Wednesday, deepening this week's sharp fall as traders looked past Hurricane Gustav to focus on a wobbly global economy and the gloomy outlook for energy demand.

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Oil dips 0.5 pct to $109, economy back in focus
Posted on Sep 02, 2008 - 10:23 pm - Reuters
Reuters - Oil dipped half a dollar to near $109 on Wednesday, deepening this week's sharp drop as traders looked past Hurricane Gustav to focus on a wobbly global economy and the gloomy outlook for energy demand.

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Oil drops below $110 as Gustav fades
Posted on Sep 02, 2008 - 3:21 pm - Reuters
Reuters - Oil fell below $110 a barrel on Tuesday for the first time since April as traders bet the U.S. oil industry would recover quickly from Hurricane Gustav.

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Oil drops more than $6 as Gustav fades
Posted on Sep 02, 2008 - 12:21 pm - Reuters
Reuters - Oil prices dropped more than $6.50 per barrel on Tuesday, the biggest drop in dollar terms since 1991, as dealers bet the U.S. oil industry would recovery quickly from Hurricane Gustav.

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Oil's tumble sparks broad Wall Street rally
Posted on Sep 02, 2008 - 12:21 pm - Reuters
Reuters - Stocks rallied on Tuesday as a slide in oil prices to a five-month low buoyed hopes of a recovery in consumer and business spending, both important pillars of corporate profit growth.

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Oil's tumble propels Wall Street higher
Posted on Sep 02, 2008 - 11:21 am - Reuters
Reuters - Stocks rose on Tuesday as a sharp drop in oil prices buoyed hopes of a recovery in consumer and business spending, key pillars of profit growth.

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Oil near $109 as Gustav fades
Posted on Sep 02, 2008 - 10:20 am - Reuters
Reuters - Oil was around $109 a barrel on Tuesday after sliding to five-months lows when initial reports showed Hurricane Gustav had spared major U.S. Gulf oil facilities.

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Oil falls towards $107 as Gustav fades
Posted on Sep 02, 2008 - 9:20 am - Reuters
Reuters - Oil slid to around $107 a barrel on Tuesday after initial reports showed Hurricane Gustav had spared major U.S. Gulf oil facilities.

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Oil's sharp decline drives Wall Street higher
Posted on Sep 02, 2008 - 9:20 am - Reuters
Reuters - U.S. stocks rose by more than 1 percent on Tuesday, September's first trading day, as oil prices slid sharply, easing concern about future consumer and business spending.

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Oil's tumble set to lift Wall St at open
Posted on Sep 02, 2008 - 8:20 am - Reuters
Reuters - Stocks headed for a higher open on September's first trading day on Tuesday as oil prices slid sharply, easing concerns about the outlook for consumer and business spending.

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Oil falls to $108 as Gustav fades
Posted on Sep 02, 2008 - 6:19 am - Reuters
Reuters - Oil slid to around $108 a barrel on Tuesday after early reports showed Hurricane Gustav had spared major U.S. Gulf oil facilities.

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Oil heads towards $100 as Gustav fades
Posted on Sep 02, 2008 - 5:19 am - Reuters
Reuters - Oil slid towards $100 a barrel on Tuesday, after early reports showed Hurricane Gustav had spared major U.S. Gulf oil facilities.

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On first scan, little oil damage seen from Gustav
Posted on Sep 02, 2008 - 1:18 am - Reuters
Reuters - Several major U.S. refiners said early checks on Monday showed their facilities were unharmed by Hurricane Gustav, but at least two others were said to be considering dipping into the U.S. Strategic Petroleum Reserve to keep operations going after the storm shut down key waterways.

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Oil drops $4 as weakened Gustav hits Gulf Coast
Posted on Sep 01, 2008 - 1:16 pm - Reuters
Reuters - Oil plunged more than $4 on Monday as concerns that Hurricane Gustav would cause severe damage to the U.S. oil sector eased after the storm weakened before hitting the Louisiana coast.

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