The failures on Friday bring to 30 the total number of financial institutions that have been seized in the U.S. this year.
Read more »Park Avenue Bank and Two Others Fail
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Europe Gains; China Slips
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Europe ended a choppy week with gains on positive economic news at home and abroad.Chinese shares fell to nearly a three-week low.
Read more »GE and Caterpillar Pace Dow
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An increase in retail sales drove investors to economically sensitive companies like GE and Caterpillar. Banks like BofA and Citi pulled back after a strong week.
Read more »Playing a Calmer Corporate-Bond Market
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With the easy gains mostly gone, investors must weigh a host of issues—both macroeconomic and company-specific—before buying bonds.
Read more »The Professor Who Chases Financial Bubbles
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Didier Sornette's bubble experiment tries to identify four developing bubbles and forecast when they'll peak.
Read more »Where to Find the Money
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Despite the drought in lending, some banks are rolling out the dough. Here's where to turn.
Read more »S&P 600 Extends Winning Streak
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The two major indexes of small-capitalization stocks diverged Friday, with one extending its winning streak to 10 days, while the other retreated.
Read more »Lagarde: Greece Working to Solve Crisis
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Credible efforts by Greece's government to clean up its finances have so far negated the need for any bailout from the European Union, French Finance Minister Christine Lagarde said Friday.
Read more »Lehman Criminal Case Could Be Difficult
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The allegations lodged by a bankruptcy-court examiner have raised questions about whether prosecutors could build a case against former Lehman executives.
Read more »Obama Fed Plans Come Into Focus
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Obama plans to nominate Janet Yellen as vice chairman of the Fed, and is vetting Maryland official Sarah Bloom Raskin for another open seat on the Board.
Read more »Mortgage Modifications Rise 6%
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The number of U.S. households benefiting from lower mortgage payments under a government program was up 6% in February.
Read more »WaMu Dispute Gets Settled
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A lingering chapter of the 2008 financial crisis closed Friday when Washington Mutual, J.P. Morgan and federal regulators settled a dispute over billions of dollars in assets.
Read more »Caterpillar Gains, Pfizer Drops
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The materials sector led U.S. stocks higher following a surprising increase in retail sales, although the gains were limited by a disappointing report on consumer sentiment. Pfizer fell as it ended a late-stage trial for its experimental lung-cancer drug.
Read more »UBS Lobbies for Swiss-U.S. Deal
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UBS has stepped up its lobbying efforts for a U.S.-Swiss tax deal over confidential bank data, urging parliamentary representatives to vote for the passage of the deal.
Read more »Signs of Life in U.K. IPO Market
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Young fashion brand SuperGroup and interactive whiteboard maker Promethean priced IPOs in London, deals that valued both companies at around £400 million each.
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