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Tag Archives: s&p

Bethesda based American Capital prices share offer at $28 each

BETHESDA — American Capital Agency Corp. said it had priced its public offering of 23.4 million shares at $28 per share, and expects it to generate net proceeds of approximately $625 million after expenses. The offered price announced late Thursday ...

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Stocks edge up as market approaches new year

NEW YORK — Stocks were higher at midday Wednesday in thin trading as the market approached the end of the year. In the absence of any fresh economic data, traders’ moods appear to be buoyed by the spate of mostly ...

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Mortgage rates edge down after 5 weeks of gains

NEW YORK — Rates on fixed mortgages dipped after rising for five weeks in a row. Still, they remain more than a half-point higher than last month and are at the highest level since late spring. Freddie Mac said Thursday ...

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Salkin bringing Wall $treet Week to the Web

The once-celebrated Maryland Public Television-produced financial news program Wall $treet Week is back, sort of. The program, off the air since 2005, has been revived as an online-only publication focusing on long-term financial advice. Jeff Salkin, anchor of MPT’s State ...

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Banking, other deals drive stock indexes higher

NEW YORK — Financial companies led the stock market higher Tuesday after another big banking deal raised hopes that more acquisitions could be on the way. Toronto-Dominion Bank is buying Chrysler Financial, the automaker’s old lending arm, from Cerberus Capital ...

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Shares of Walker & Dunlop stall after IPO debuts

Investors are showing little interest in commercial real estate financier Walker & Dunlop Inc. after the company’s initial public offering debuted at a lower-than-expected price. The offer of 10 million shares was priced at $10 per share, undercutting the company’s ...

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Stocks, bond yields rise as Fed continues stimulus

NEW YORK — Bond prices are falling sharply after the Federal Reserve said it would continue the pace of its stimulus plan because the economy is not growing quickly enough to bring unemployment down. The yield on the benchmark 10-year ...

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Hopes for Senate passage of tax deal lifts stocks

NEW YORK — Expectations that a tax cut package will pass the Senate and a round of corporate deals pushed stocks higher Monday. Bond yields fell after touching their highest levels since June. Deals announced Monday include General Electric Co.’s ...

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