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Shares Of Macy's Tumble On Weak 2008 Outlook (AHN)   more similar news »
(AHN) - Shares of Macy's Inc. (NYSE: M) plunged to a 13-year low on Friday, following report that the company has slashed its 2008 earnings outlook for this year as consumer spending drop. - Fri, 10 Oct 2008 13:46:46 GMT
Thu Jan 01, 1970
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Bush Assures Investors About Government's "Aggressive" Steps On Economy (AHN)   more similar news »
(AHN) - Speaking a day after Wall Street shares plummeted to its lowest level in five years, President George W. Bush sought to assure Americans and investors on Friday that his administration's "aggressive" efforts would stabilize financial markets. - Fri, 10 Oct 2008 13:29:40 GMT
Thu Jan 01, 1970
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Canadian Federal Government Buys Back $25 Billion Mortgages (AHN)   more similar news »
(AHN) - To boost funds of Canadian banks available for lending and cut borrowing cost for consumers, the federal government will buy back $25 billion mortgages, Finance Minister Jim Flaherty said Friday. - Fri, 10 Oct 2008 13:28:17 GMT
Thu Jan 01, 1970
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Official Airline Guide Forecasts Loss Of 46 Million Airline Seats For Last Quarter Of 2008 (AHN)   more similar news »
(AHN) - Thousands of air flights are slated to be canceled over the last quarter of 2008 as the international aviation industry struggle with the double whammy caused by expensive jet fuel and the global financial meltdown. - Fri, 10 Oct 2008 13:02:03 GMT
Thu Jan 01, 1970
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Carpet Giant Shaw Closing 440-Employee Trenton, GA Mill; Blames Slowing Economy (AHN)   more similar news »
(AHN) - Dalton, Georgia-based flooring product giant Shaw Industries will start phasing out production at its 440-employee Trenton spinning mill in November. - Fri, 10 Oct 2008 11:11:08 GMT
Thu Jan 01, 1970
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Ford May Sell Mazda Shares; Sumitomo, Tata Motors Potential Buyers (AHN)   more similar news »
(AHN) - As the financial crisis deepens, the number of consolidations in the financial sector increased. Now it is the auto sector's turn as it faces billions of dollars of cash shortage to shore up its financial statement. - Sat, 11 Oct 2008 14:37:57 GMT
Thu Jan 01, 1970
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Two Banks Fail In Midwest; Total Count Reaches 15 (AHN)   more similar news »
(AHN) - Banks in Illinois and Michigan were seized by the state regulators, pushing up the number of failed financial institutions to 15, according to the officials. - Sat, 11 Oct 2008 10:45:43 GMT
Thu Jan 01, 1970
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GE Q3 Profit Falls 22 Percent, Meets Revised Estimates (AHN)   more similar news »
(AHN) - General Electric announced Friday third quarter earnings fell 22 percent as gains in its energy and cable businesses was more than offset by declines in the consumer and industrial unit. - Fri, 10 Oct 2008 22:51:02 GMT
Thu Jan 01, 1970
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U.S. Trade Deficit Shrinks 3.5 Percent In August (AHN)   more similar news »
(AHN) - The Commerce Department reported Friday that the U.S. trade deficit contracted 3.5 percent to $59.1 billion in August as oil imports dropped from the month before. - Fri, 10 Oct 2008 21:30:02 GMT
Thu Jan 01, 1970
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Treasury To Buy Stock In Financial Institutions (AHN)   more similar news »
(AHN) - Treasury Secretary Henry Paulson said Friday that they will move forward with the program to purchase stock in financial institutions. The Great Depression was the last time government had used such a plan. - Fri, 10 Oct 2008 19:52:34 GMT
Thu Jan 01, 1970
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