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Monthly Archive September, 2009

Peabody Energy opens Singapore office

September 17, 2009

Peabody Energy Corp. opened an office in Singapore that will serve as the hub for coal trading and brokerage activities in southeast Asia.

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China fuming over U.S. tariffs on tires

September 16, 2009

As Beijing launched a case Monday against new U.S. tariffs on Chinese tires, President Barack Obama defended the duties, saying trading agreements must be […]

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BofA-SEC bonus pact rejected

September 15, 2009

A federal judge rejected Bank of America Corp’s $33 million settlement with the U.S. Securities and Exchange Commission over Merrill Lynch & Co bonuses […]

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Securities arbitration draws fire

September 14, 2009

Arbitration in the brokerage industry is run by the Financial Industry Regulatory Authority, which regulates brokerage firms.
One investor who has been through securities […]

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July breaks nine-month decline in home prices

September 13, 2009

John Perciasepe couldn’t have picked a worse time to open a sales office when he debuted his new home site in Markham last fall.
Stock markets […]

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Regulatory reform White House ‘09 priority

September 12, 2009

The Obama administration still sees passing financial regulatory reform legislation as a top priority this year, White House adviser Christina Romer said on Friday.
“It […]

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Analysts see nascent recovery for U.S. airlines

September 11, 2009

U.S. airlines are coming back into favor with analysts amid more competitive pricing and evidence the global economy is on a recovery path.
“We have […]

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Home loan demand at 3-month high, millions more foreclosures

September 10, 2009

The lowest mortgage rates in 3 months had U.S. consumers clamoring for home loans last week even as the government said on Wednesday it […]

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Fed banks saw economy stabilizing, weak in August

September 9, 2009

Regional Federal Reserve banks saw the U.S. economy as stabilizing though still weak in August and none wanted to raise the rate the Fed […]

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Sears’ Lampert hits back at “inaccurate” report

September 8, 2009

In a letter to Barron’s, Sears Holdings Corp Chairman Edward Lampert defended the retailer from what he called an inaccurate and biased report in […]

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