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Analysts' Sallie Mae questions linger
Dec 27 2007 9:19PM (CT)
WASHINGTON (AP) - Sallie Mae's planned $3 billion stock sale doesn't answer all of Wall Street's questions about the struggling student lender's future.
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IRS: Late tax fix delays refunds
Dec 27 2007 6:59PM (CT)
WASHINGTON (AP) - More than 3 million people will have to wait until February to get their tax refunds because of Congress' late fix to the alternative minimum tax, the IRS said Thursday.
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Treasurys rally on flight-to-safety bid
Dec 27 2007 5:36PM (CT)
NEW YORK (AP) - Treasury prices rallied Thursday as news of the assassination of Pakistani opposition leader Benazir Bhutto startled markets and sparked demand for safe assets like government-backed bonds.
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Treasurys rally on flight-to-safety bid
Dec 27 2007 5:36PM (CT)
NEW YORK (AP) - Treasury prices rallied Thursday as news of the assassination of Pakistani opposition leader Benazir Bhutto startled markets and sparked demand for safe assets like government-backed bonds.
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Citi may write down $18.7B, analysts say
Dec 27 2007 4:39PM (CT)
NEW YORK (AP) - When Citigroup warned in early November that it was likely to write down its portfolio by $8 billion to $11 billion in the fourth quarter because of exposure to bad loans, investors recoiled at the size of the losses. Some now say those early estimates appear drastically understated.
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ACA Capital cedes to regulators
Dec 27 2007 4:35PM (CT)
NEW YORK (AP) - A recent deal with its state regulator has allowed ACA Capital Holdings Inc. to continue operating its bond insurance unit, but that solution is expected to be only temporary, as analysts doubt the company can survive in the long term.
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ACA Capital cedes to regulators
Dec 27 2007 4:35PM (CT)
NEW YORK (AP) - A recent deal with its state regulator has allowed ACA Capital Holdings Inc. to continue operating its bond insurance unit, but that solution is expected to be only temporary, as analysts doubt the company can survive in the long term.
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Boeing 787 orders reach 790
Dec 27 2007 4:32PM (CT)
CHICAGO (AP) - Boeing Co. said Thursday it finalized a deal with British Airways, notching 790 orders for its long-awaited 787 Dreamliner plane during the last three years.
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Oil, gold rise on Bhutto assassination
Dec 27 2007 4:24PM (CT)
NEW YORK (AP) - Oil and gold prices climbed Thursday following the assassination of former Pakistan Prime Minister Benazir Bhutto, but the gains were modest given weak economic news in the United States.
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Oil, gold rise on Bhutto assassination
Dec 27 2007 4:24PM (CT)
NEW YORK (AP) - Oil and gold prices climbed Thursday following the assassination of former Pakistan Prime Minister Benazir Bhutto, but the gains were modest given weak economic news in the United States.
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Oil rises on inventory shortfalls
Dec 27 2007 3:31PM (CT)
NEW YORK (AP) - Oil futures rose Thursday after the government reported larger-than-expected declines in crude and heating oil inventories.
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Oil rises on inventory shortfalls
Dec 27 2007 3:31PM (CT)
NEW YORK (AP) - Oil futures rose Thursday after the government reported larger-than-expected declines in crude and heating oil inventories.
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Oil rises on inventory shortfalls
Dec 27 2007 3:31PM (CT)
NEW YORK (AP) - Oil futures rose Thursday after the government reported larger-than-expected declines in crude and heating oil inventories.
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Oil rises on inventory shortfalls
Dec 27 2007 3:31PM (CT)
NEW YORK (AP) - Oil futures rose Thursday after the government reported larger-than-expected declines in crude and heating oil inventories.
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Oil rises on inventory shortfalls
Dec 27 2007 3:31PM (CT)
NEW YORK (AP) - Oil futures rose Thursday after the government reported larger-than-expected declines in crude and heating oil inventories.
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Oil rises on inventory shortfalls
Dec 27 2007 3:31PM (CT)
NEW YORK (AP) - Oil futures rose Thursday after the government reported larger-than-expected declines in crude and heating oil inventories.
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HSN settles with government
Dec 27 2007 2:32PM (CT)
WASHINGTON (AP) - The Home Shopping Network has agreed to pay the government an $875,000 civil settlement after the government accused the company of failing to promptly warn consumers about dangerous pressure cookers that were blamed for burning consumers at least 37 times.
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Silver lining elusive in home price drop
Dec 27 2007 1:48PM (CT)
NEW YORK (AP) - The upside to a housing slump is cheaper homes. But many prospective buyers don't see bargains yet, especially as stricter lending standards qualify only the cream of the credit crop.
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Silver lining elusive in home price drop
Dec 27 2007 1:48PM (CT)
NEW YORK (AP) - The upside to a housing slump is cheaper homes. But many prospective buyers don't see bargains yet, especially as stricter lending standards qualify only the cream of the credit crop.
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Silver lining elusive in home price drop
Dec 27 2007 1:48PM (CT)
NEW YORK (AP) - The upside to a housing slump is cheaper homes. But many prospective buyers don't see bargains yet, especially as stricter lending standards qualify only the cream of the credit crop.
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Silver lining elusive in home price drop
Dec 27 2007 1:48PM (CT)
NEW YORK (AP) - The upside to a housing slump is cheaper homes. But many prospective buyers don't see bargains yet, especially as stricter lending standards qualify only the cream of the credit crop.
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Silver lining elusive in home price drop
Dec 27 2007 1:48PM (CT)
NEW YORK (AP) - The upside to a housing slump is cheaper homes. But many prospective buyers don't see bargains yet, especially as stricter lending standards qualify only the cream of the credit crop.
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Silver lining elusive in home price drop
Dec 27 2007 1:48PM (CT)
NEW YORK (AP) - The upside to a housing slump is cheaper homes. But many prospective buyers don't see bargains yet, especially as stricter lending standards qualify only the cream of the credit crop.
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Consumer confidence rises in December
Dec 27 2007 11:06AM (CT)
NEW YORK (AP) - The nation's consumers grew slightly more confident in December despite underlying concerns about the health of the U.S. economy.
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Disaster losses for insurers double
Dec 27 2007 9:49AM (CT)
BERLIN (AP) - Losses to insurers from natural disasters nearly doubled this year to just below $30 billion globally after an unusually quiet 2006, a leading reinsurer said Thursday, from winter storms in Europe, flooding in Britain and wildfires in the U.S.
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EEOC clarifies retiree health plans
Dec 27 2007 8:05AM (CT)
WASHINGTON (AP) - Employers can reduce their health insurance expenses for retired workers once they turn 65 and qualify for Medicare, the Equal Employment Opportunity Commission has affirmed.
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Residents returning to Louisiana
Dec 27 2007 6:57AM (CT)
WASHINGTON (AP) - Louisiana appears to be rebounding from the devastation of Hurricane Katrina, gaining 50,000 residents in the year ending July 1, according to new Census Bureau state population estimates released Thursday.
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Residents returning to Louisiana
Dec 27 2007 6:57AM (CT)
WASHINGTON (AP) - Louisiana appears to be rebounding from the devastation of Hurricane Katrina, gaining 50,000 residents in the year ending July 1, according to new Census Bureau state population estimates released Thursday.
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More farmers raising sheep without wool
Dec 27 2007 6:55AM (CT)
ALBANY, Ohio (AP) - Low wool prices and high shearing costs have led many sheep farmers to add a special breed of woolless sheep to their flocks, raising fears that sheep shearing may become a lost art.
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Retailers look for post-holiday bump
Dec 27 2007 2:38AM (CT)
NEW YORK (AP) - The nation's retailers slashed prices further Wednesday in hopes that a post-Christmas shopping rush will salvage holiday sales that, so far, have fallen below even modest expectations. They're waiting in particular for legions of shoppers armed with gift cards to snap up bargains and buy new merchandise that has just hit store shelves.
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Retailers look for post-holiday bump
Dec 27 2007 2:38AM (CT)
NEW YORK (AP) - The nation's retailers slashed prices further Wednesday in hopes that a post-Christmas shopping rush will salvage holiday sales that, so far, have fallen below even modest expectations. They're waiting in particular for legions of shoppers armed with gift cards to snap up bargains and buy new merchandise that has just hit store shelves.
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Retailers look for post-holiday bump
Dec 27 2007 2:38AM (CT)
NEW YORK (AP) - The nation's retailers slashed prices further Wednesday in hopes that a post-Christmas shopping rush will salvage holiday sales that, so far, have fallen below even modest expectations. They're waiting in particular for legions of shoppers armed with gift cards to snap up bargains and buy new merchandise that has just hit store shelves.
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Retailers look for post-holiday bump
Dec 27 2007 2:38AM (CT)
NEW YORK (AP) - The nation's retailers slashed prices further Wednesday in hopes that a post-Christmas shopping rush will salvage holiday sales that, so far, have fallen below even modest expectations. They're waiting in particular for legions of shoppers armed with gift cards to snap up bargains and buy new merchandise that has just hit store shelves.
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