Friday, 30 April 2010

Oil stocks slide as Gulf spill grows

Reuters - Anna Driver, Gerald E. McCormick - ‎2 hours ago‎
HOUSTON (Reuters) - Shares of companies that provided services or operated the sunken Deepwater Horizon drilling rig, including Halliburton Co (HAL.

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Consumers Help Drive US Economy to 3.2% Growth Rate

New York Times - Catherine Rampell
For the third quarter in a row, the United States economy showed strong economic growth in the first quarter, and increased consumer spending played a significant role, the Commerce Department reported Friday.

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US STOCKS-Goldman probe, GDP data weigh on Wall Street

NEW YORK, April 30 (Reuters) - US stocks fell on Friday as shares of Goldman Sachs tumbled on reports of a federal probe into the Wall Street powerhouse and after first-quarter gross domestic product came in weaker than expected

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Sunday, 18 April 2010

Goldman Had 9 Months' Warning From SEC--Report

Wall Street Journal - Alistair Barr - ‎10 hours ago‎
Goldman Sachs Group Inc. (GS) was warned nine months ago that Securities and Exchange Commission staff wanted to bring a civil case against it, but the investment bank didn't specifically disclose this to investors in regulatory ...

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Investors to Spirit Airlines: Drop the Fees!

TheStreet.com - Andrea Tse
NEW YORK (TheStreet) -- In its move to charge customers for their carry-on luggage, budget airline Spirit Airlines isn't generating much goodwill among invesors -- at least, that is, according to a recent poll by ...

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California's jobless rate hits high of 12.6% in March

Los Angeles Times - ‎Apr 16, 2010‎
The state adds 4200 jobs, but more people were seeking work than in February. LA County's rate holds at 12.4%; Orange County's rises to 10.1%.

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Bank of America earns $3.2 billion in first quarter

Los Angeles Times - Nathaniel Popper - ‎Apr 16, 2010‎
The strong profit for the nation's largest bank comes primarily from its investment bank and trading desks, large parts of which BofA acquired when it bought Merrill Lynch.

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Investor Who Made Billions Is Not Target of SEC

New York Times (blog) - ‎5 hours ago‎
Three and half years ago, a New York hedge fund manager with a bearish view on the housing market was pounding the pavement on Wall Street, The New York Times's Gretchen Morgenson and Louise Story report.

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Google shares fall despite strong earnings

MarketWatch - John Letzing - ‎Apr 16, 2010‎
SAN FRANCISCO (MarketWatch) -- Google Inc. shares fell Friday on fears of increased spending after the Internet search giant reported strong growth in earnings for the first quarter.

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