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Business News News Archive - Political Yard

Wall Street bounces back from dismal jobs report

Posted on Sep 05, 2008 - 5:46 pm
AFP - Wall Street shares recovered from steep early losses and finished mostly higher Friday as the market was able to shake off a jump in unemployment that sparked renewed fears of a US recession.

AFP

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Wall Street flat as financials offset weak data
Posted on Sep 05, 2008 - 1:45 pm - Reuters
Reuters - U.S. stocks were little changed in volatile trade on Friday as a bounce in financial shares offset concerns about the economy after a bleak labor market report.

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Wall Street cuts losses as financials bounce
Posted on Sep 05, 2008 - 12:45 pm - Reuters
Reuters - Stocks pared losses in volatile trade on Friday, and the Dow briefly turned positive, as financial shares rose on short-covering, offsetting concerns about the economy after a bleak labor market report.

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Wall St falls further on economic worry
Posted on Sep 05, 2008 - 9:44 am - Reuters
Reuters - U.S. stocks extended losses on Friday, pushing the benchmark S&P 500 index down more than 1 percent, as a government report showing growing job losses in August added to worries about the economy and profit outlook.

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Wall St drops as weak jobs data sparks anxiety
Posted on Sep 05, 2008 - 8:43 am - Reuters
Reuters - Stocks opened lower on Friday after a government report showed the U.S. labor market deteriorated further in August, pushing the unemployment rate to its highest level in nearly five years.

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Wall St. tumbles on signs of labor market weakness
Posted on Sep 04, 2008 - 2:38 pm - Reuters
Reuters - Stocks sank on Thursday, as more signs of weakness in the labor market and increasingly sluggish growth overseas heightened concerns about the corporate profit outlook.

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Wall Street, funds urge SEC to keep ratings in rules
Posted on Sep 04, 2008 - 2:38 pm - Reuters
Reuters - Securities regulators are locking horns with some of America's most powerful mutual funds and Wall Street players over plans to scrap requirements that money market funds hold investment-grade securities.

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Wall Street sinks on labor market, global growth fears
Posted on Sep 04, 2008 - 1:38 pm - Reuters
Reuters - Stocks tumbled about 2 percent on Thursday, battered by more signs of weakness in the U.S. labor market and increasingly sluggish growth overseas, raising worries about the corporate profit outlook.

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Wall St. sinks on labor market, global growth fears
Posted on Sep 04, 2008 - 11:36 am - Reuters
Reuters - Stocks tumbled about 2 percent on Thursday, battered by more signs of weakness in the U.S. labor market and increasingly sluggish growth overseas, raising worries about the corporate profit outlook.

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Wall Street sinks on labor market jitters, economy
Posted on Sep 04, 2008 - 10:36 am - Reuters
Reuters - Stocks tumbled on Thursday, weighed down by signs of deterioration in the labor market and concern over the outlook for corporate profits.

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Wal-Mart leads better sales for discount retailers
Posted on Sep 04, 2008 - 8:35 am - Reuters
Reuters - U.S. discount retailers, led by Wal-Mart Stores Inc , posted stronger-than-expected August sales on Thursday as shoppers sought last-minute deals on back-to-school items and other products.

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Wal-Mart August sales above Wall Street view
Posted on Sep 04, 2008 - 7:35 am - Reuters
Reuters - Wal-Mart Stores Inc said August sales at U.S. stores open at least a year rose a better-than-expected 3 percent and gave an optimistic forecast for September as shoppers seek low prices on groceries and school supplies.

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Wal-Mart August same-store sales rise 3 percent
Posted on Sep 04, 2008 - 6:35 am - Reuters
Reuters - Wal-Mart Stores Inc on Thursday reported a higher-than-expected 3 percent increase in August sales at U.S. stores open at least a year, excluding fuel.

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Wall St set to open lower on economy worry
Posted on Sep 03, 2008 - 9:25 am - Reuters
Reuters - Stocks were poised to slip at the open on Wednesday as investors fretted about the economy's health and the outlook for the beleaguered financial services sector.

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Wall Street enters month of peril with outlook clouded
Posted on Sep 02, 2008 - 4:21 pm - AFP
AFP - Wall Street returns from vacation season to enter what is historically the most perilous period of the year amid conflicting signals about the US economic outlook.

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Wall Street gains as data eases economic fears
Posted on Jul 25, 2008 - 3:28 pm - Reuters
Reuters - Stocks rose on Friday as a drop in oil prices and stronger-than-expected data on consumer sentiment and housing blunted the latest concerns about the health of U.S banks.

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Wachovia shares off; analyst says rise unjustified
Posted on Jul 25, 2008 - 12:28 pm - Reuters
Reuters - Wachovia Corp shares fell as much as 10 percent on Friday after a downgrade by a Morgan Keegan & Co analyst, who said the stock's 73 percent rise in seven trading days wasn't justified in light of its credit problems.

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Wall Street ends sharply lower on economic worry, oil
Posted on Jul 24, 2008 - 3:23 pm - Reuters
Reuters - Stocks tumbled on Thursday after a report showing yet another drop in U.S. home sales prompted investors to take profits in financial shares, which had rallied sharply over the past week.

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Wall St little changed; financials rally fizzles
Posted on Jul 23, 2008 - 12:17 pm - Reuters
Reuters - Stocks were little changed on Wednesday after a rally in financial stocks ran out of steam while technology shares pared early gains.

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Wal-Mart's fashion show previews back-to-school
Posted on Jul 20, 2008 - 2:00 am - Reuters
Reuters - Wal-Mart Stores Inc presented a colorful, casual line of youthful looks for kids and teens on Saturday at a fashion show that previewed the mass-market chain's new low-cost offerings for back to school.

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Wipro Q1 profit misses forecast, remains cautious
Posted on Jul 18, 2008 - 12:50 am - Reuters
Reuters - India's third largest information technology outsourcer, Wipro Ltd , missed forecasts with a 15 percent rise in quarterly profit, and said it was cautious in the near term, echoing its larger rivals.

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Wal-Mart highlights locally grown program in Okla.
Posted on Jul 17, 2008 - 2:47 am - AP
AP - Wal-Mart, the nation's largest retailer, has pledged to buy more produce from local farmers as it kicked off a campaign to highlight the fruits and vegetables grown in Oklahoma and sold in its stores.

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