Archive for January 23rd, 2010

Bank curbs, political fallout slam Wall Street (Reuters)

Stocks capped their worst three-day slide in 10 months on Friday on fears the White House’s plan to curb bank risk-taking would cut profits, and tech shares slumped after Google Inc’s disappointing results.

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Planning For Income From Your 401(k) (Investor’s Business Daily)

So your 401 account took a big hit during the 2007-09 bear market. But it’s been recovering nicely since March of last year, thank you very much.

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Bernanke second term in doubt (Reuters)

Ben Bernanke’s confirmation to a second term as Federal Reserve chairman suddenly appeared in jeopardy on Friday even after U.S. Senate Majority Leader Harry Reid said he would back him.

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Bernanke second term in doubt (Reuters)

Ben Bernanke’s confirmation to a second term as U.S. Federal Reserve chairman suddenly appeared in jeopardy on Friday even after U.S. Senate Majority Leader Harry Reid said he would back him.

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Democrats’ Interests Are Special Too (Investor’s Business Daily)

Campaign Finance: The Supreme Court has ruled that corporations have a constitutional right to free speech. But Democratic leaders refuse to…

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Business Highlights (AP)

The stock market suffered its worst setback in more than 10 months as investors rejected President Barack Obama’s plans to restrict big banks and earnings reports that just weren’t good enough.

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Morningstar Volatility Report for January 22, 2009 (Morningstar.com)

The S&P volatility increased while financial regulatory concerns affected large and small caps.

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Bank curbs, political fallout slam Wall Street (Reuters)

Stocks capped their worst three-day slide in 10 months on Friday on fears the White House’s plan to curb bank risk-taking would cut profits, and tech shares slumped after Google Inc’s disappointing results.

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Sector Snap: Metals producers mixed on downgrade (AP)

Shares of major mining, base metals and steel companies were mixed Friday after Goldman Sachs downgraded the three sectors in light of China’s moves to slow down its economy.

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Sallie Mae shares fall after analyst downgrade (AP)

Shares of Sallie Mae fell Friday after an analyst downgraded the student lender, citing its uncertain long-term outlook for growth.

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