Reuters – Companies are increasingly taking advantage of securities rules that lets them raise capital without having to go through costly registrations, according to a new study by regulators.
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Read More »AP – Two former executives of State Street Bank & Trust Co. have been cleared of federal civil fraud charges of misleading investors about their potential risk from subprime mortgage investments in 2007.
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Read More »Reuters – The U.S. government suffered a setback in its investigation of subprime fraud when a judge dismissed a case against two former State Street Corp executives accused of misleading investors in the summer of 2007 about a $2.9 billion fund loaded with exposure to risky mortgages.
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Reuters – Stocks fell at the open on Monday as a spike in the U.S. dollar weighed on commodity prices and dried up bids on other risky assets.
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Read More »Reuters – Stocks fell at the open on Monday as a spike in the U.S. dollar weighed on commodity prices and dried up bids on other risky assets.
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AP – Global stocks gave up some of their recent gains Monday amid concerns over Italy’s ability to get a handle on its colossal debt pile, while the yen slid in the wake of another attempt by the Japanese monetary authorities to weaken the currency.
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AP – To some, the drummers in the Manhattan park that’s become the epicenter of Occupy Wall Street are the protest’s energizing force.
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Read More »AP – Asian stock markets were mostly lower Monday as investors shifted their focus from Europe’s debt woes to the strength of the U.S. economy. Japan sold the yen to limit its export-sapping strength.
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