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Tag Archives: Nasdaq

Stocks plunge as attention returns to weak economy

NEW YORK — Stocks plunged again Wednesday as investors turned their attention back to the weak global economy and Europe’s debt problems. Most of the big gains that followed a Federal Reserve pledge to extend super-low interest rates vanished. The ...

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Dow plunges more than 600 points after downgrade

NEW YORK — Stocks plunged Monday as anxiety overtook investors on the first trading day since Standard & Poor’s downgraded American debt. The Dow Jones industrials fell 634.76 points. It was the sixth worst point decline for the Dow in ...

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American Capital Mortgage shares sink in debut

NEW YORK — Shares of American Capital Mortgage Investment Corp. are dropping in the real estate investment trust’s trading debut. The subsidiary of asset management company American Capital Ltd. sold 8 million shares at $20 per share in an initial ...

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Dunkin’ Brands Group 2Q net income nearly flat

CANTON, Mass. — Dunkin’ Brands Group Inc., which went public last month, said Wednesday that its second-quarter earnings were nearly flat as the company focused on its U.S. expansion efforts and aggressive growth overseas. The parent company of Dunkin’ Donuts ...

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Top 5: ‘Welcome to the new angel environment’

A new name for a Baltimore neighborhood, the possibility of a new hospital in Prince George’s County and a new funding for a Baltimore tech start-up. Here are the Top 5 business stories of the week. 1. Baltimore Internet company ...

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Stocks post third straight day of gains

NEW YORK — Stocks are closing broadly higher following signs that the European financial crisis may be contained. European Union officials said Monday that the EU would take steps to prevent Greece’s problems from affecting Ireland and Portugal. Stocks gained ...

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Economic concerns sink stocks for 4th straight day

NEW YORK — Lingering concerns about the U.S. economy pushed the stock market lower for a fourth straight day. With little new economic data, investors remained focused on Friday’s grim unemployment report. “Wall Street came back, quickly and very strongly, ...

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Stocks mixed despite bin Laden death, earnings

NEW YORK — Stocks lost some of their early gains and turned mixed Monday despite the death of Osama bin Laden, several strong earnings reports and a major drug industry acquisition. The Dow Jones industrial average remained near its three-year ...

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