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Wall Street's early rally fades

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  • Wall Street's early rally fades

    US stocks ended mixed today as an early rally faded and traders mulled the latest chapter in the Yahoo-Microsoft takeover battle and news of a possible cash infusion to a troubled bank.

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  • #2
    Head Of Co-operative Bank David Anderson On 'Unusual' Market Conditions

    The head of the Co-operative Bank has admitted that no-one knows how the credit crunch will play out.

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    • #3
      Yahoo rejects offer from Microsoft again

      The stand-off between Microsoft and Yahoo over the technology giant's $42bn (£21bn) takeover offer for the internet pioneer appeared to get personal, as Jerry Yang, Yahoo's chief executive, once again rejected the bid, saying it undervalues the company.


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      • #4
        Michael Page falls on signs of caution in banking sector

        Michael Page International chief executive Steve Ingham said yesterday that ambitious professionals were still keen to switch jobs, despite the impact of the credit crunch.


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        • #5
          HSBC loses customers' data disk

          HSBC issued a public apology to 370,000 insurance customers yesterday after the bank lost a computer disk containing their personal information.


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          • #6
            Fund manager Paulson rides out economic storm to bank $3bn

            John Paulson is living proof that investment really is a zero-sum game. While most of Wall Street has disclosed catastrophic losses following the sub-prime credit crisis, Mr Paulson personally banked at least $3bn last year by betting on the collapse, it was disclosed yesterday.


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            • #7
              Banks fall at share market open

              THE share market was little changed on opening, although the banks declined on concerns that corporate earnings in the US will be disappointing as the economy slows.

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              • #8
                UK bank details 'for sale for £5'

                So-called cyber-crime supermarkets are selling UK bank account details to fraudsters for as little as £5, a report says.

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                • #9
                  Japan bank head decision near

                  The Bank of Japan's acting governor Masaaki Shirakawa chairs his first interest rate-setting meeting.

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