Archive for July 8th, 2008

Fed ready to extend bank aid
Financial Times - 47 minutes ago
By James Politi in Washington Large US investment banks will be able to access emergency cash from the Federal Reserve into next year if market turmoil persists, Ben Bernanke said on Tuesday in a sign of the growing concern among policymakers that
Fed Sees Turmoil Persisting Deep Into Next Year New York Times
Taipei shares open higher on Wall St rebound, oil pullback - UPDATE Forbes
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LCCs Southwest, WestJet to form extensive 'codeshare partnership'
ATWOnline - 7 hours ago
Southwest Airlines and WestJet agreed yesterday to form a "codeshare partnership" by late 2009 that would link the networks of the two LCCs and allow passengers flying on US domestic-only SWA to connect to Calgary-based WS's network throughout Canada.
Southwest Airlines to ink Canadian link with WestJet Bizjournals.com
SW, WestJet To Form Code Share AviationNews.net
m-Travel.com - Metro Canada - Toronto - International Herald Tribune - Tampa Tribune
all 347 news articles

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Templeton: Sir Real to the End
Forbes - 2 hours ago
Sir John M. Templeton is gone. The 95-year-old investor and philanthropist died Tuesday at a hospital in Nassau, the Bahamas. For me, the news comes with a real touch of regret.
Sir John Templeton, best contrarian investor of the 20th Century BloggingStocks
Maximum Optimist Wall Street Journal
International Herald Tribune - Washington Post - istockAnalyst.com - guardian.co.uk
all 157 news articles

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Los Angeles Times
Fannie, Freddie Downgraded by Derivatives Traders Over Capital
Bloomberg - 1 hour ago
By Shannon D. Harrington and Dawn Kopecki July 9 (Bloomberg) — Fannie Mae and Freddie Mac, ranked Aaa by the world's largest credit-rating companies, are being treated by derivatives traders as if they are rated five levels lower.
Selloff in Financial Stocks Lacks Sense Wall Street Journal
Feeling Fannie's and Freddie's pain CNNMoney.com
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Taipei shares open higher on Wall St rebound, oil pullback - UPDATE
Forbes - 43 minutes ago
TAIPEI (XFN-ASIA) - Share prices opened higher, tracking Wall Street's rebound after oil prices dropped for a second day and US regulators assured that they will take further steps to help the ailing financial sector.
Fed may extend Wall Street lending Reuters
Bid for Power By Bernanke Aimed at NY New York Sun
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Boston Globe
JPM CEO says Wall St. losses not due to accounting
Reuters - 59 minutes ago
NEW YORK (Reuters) - Jamie Dimon, chief executive of JPMorgan Chase & Co (JPM.N: Quote, Profile, Research, Stock Buzz), on Tuesday took aim at top Wall Street executives who claim the recent credit crisis and widespread bank loses were mainly due to
Dimon on How Wall Street Helped Create a Crisis New York Times
Dimon Says Serious Issues Remain Wall Street Journal
BusinessWeek - guardian.co.uk - TheStreet.com - Bloomberg
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Boston Globe
Alumina Shares Gain as Profit at Partner Alcoa Tops Estimates
Bloomberg - 1 hour ago
By Rebecca Keenan July 9 (Bloomberg) — Alumina Ltd., owner of 40 percent of the world's biggest producer of the material used to make aluminum, rose the most in more than five months in Sydney trading after partner Alcoa Inc. reported profit that
Alcoa Profit Tops Estimates After Price Rise New York Times
Alcoa beats the Street CNNMoney.com
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Wall Street Journal
EMC Replaces the Chief and Co-Founder of VMware, Silencing Talk of
New York Times - 40 minutes ago
By STEVE LOHR For the last month, several reports from Wall Street analysts have debated whether EMC, the big computer storage company, would sell off its 85 percent stake in its crown jewel, VMware, a fast-growing software star.
VMware Ousts CEO Greene BusinessWeek
VMware chief executive Diane Greene quits San Francisco Chronicle
Forbes - Washington Post - Wall Street Journal - MarketWatch
all 339 news articles

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FOXBusiness
Fed Sees Turmoil Persisting Deep Into Next Year
New York Times - 4 hours ago
Ben S. Bernanke spoke at a forum in Arlington, Va., on lending for low- and moderate-income households. By STEPHEN LABATON WASHINGTON - Federal policy makers have concluded that the turmoil plaguing the housing and financial markets is likely to spill
Fed ready to extend bank aid Financial Times