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Eurozone Economy Grew in Q3
Thursday, November 14, 2013 - 1:55pm | 257Various news sources, including the New York Times reported that the eurozone grew “just” 0.1 percent from the second quarter, according to data released on November 14. The dismal economic growth dampened hopes that the continent was on track for a full-fledged recovery after five years of...
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Earnings Expectations for the Week of February 11
Sunday, February 10, 2013 - 6:48pm | 874Quarterly reports from General Motors (NYSE: GM) and Deere (NYSE: DE) will be among the highlights on the earnings front this week. The consensus forecast for the former calls for fourth-quarter earnings per share (EPS) to be more than 23 percent higher than a year ago to $0.51 per share. The...
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SEC Considering Civil Fraud Charges Against Ratings Agencies
Friday, June 17, 2011 - 6:42am | 225The SEC is considering civil fraud charges against some credit-rating companies for participating in the development of bad mortgage-bond deals, the Wall Street Journal is reporting Friday, citing people familiar with the matter. The people said that ratings agencies, including Standard & Poor...
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Meredith Whitney To Set Up Rating Agency To Rival Moody's & S&P
Friday, November 19, 2010 - 8:37am | 201Meredith Whitney recently said in an interview with the Financial Times that she plans to set up her own rating agency that would rival Moody's and Standard & Poor's. Meredith Whitney widely gained recognition for her bearish call on banks before the financial crisis. Ms. Whitney told the...