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Seattle May Sell Garage

Byline: Randall Jensen Seattle is weighing a proposal to sell a downtown mall parking garage that has been losing money. The city still owes $59 million on bonds it issued to build the Pacific Place...

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Consumer Credit Rose $14.6 Billion in December

Byline: Kyle Glazier WASHINGTON -- Consumer credit climbed $14.6 billion, or 6.3%, in December to $2.778.2 trillion, the Federal Reserve reported Thursday. In November consumer credit jumped a revised...

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GFOA Debt Panel Members Talk about Regulatory, Legislative Threats

Byline: Jonathan Hemmerdinger WASHINGTON -- Members of the Government Finance Officers Association committee on governmental debt management said this year could bring a slew of revolutionary new...

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Fed Gov. Stein: May Need to Use Monetary Policy to Keep Credit Market from...

Byline: Market News International ST. LOUIS -- Federal Reserve Governor Jeremy Stein Thursday cautioned against mounting signs of credit market "overheating" and said the Fed may have to use monetary...

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Lessons from History as Barclays Boss Plots Revival

LONDON (Reuters) - When Barclays' new bosswanted to tell his senior bankers what was in store for them, he gathered all 125 around him on specially built tiered seats, styled like an ancient Greek...

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How Einhorn Turned from Apple Advocate to Agitator

NEW YORK (Reuters) - Hedge fund star managerwas arguably Apple Inc.'s biggest cheerleader on Wall Street with a stake worth about $600 million and an oft-cited prediction that the company's market...

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Lear Shares Rise as Marcato Capital Seeks Board Seats

SAN FRANCISCO (Reuters) - reported a 5.2 percent stake in auto parts maker Lear Corp. and the hedge fund said it planned to nominate candidates to the board, sending its shares higher in early...

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Federal Judges Question FERC's Authority

WASHINGTON (Reuters) - Federal judges on Thursday [Feb. 7] heard arguments from the leading U.S. electricity markets regulator and its futures market counterpart over who has the authority to sanction...

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RBS LIBOR Admissions No Sure Bet for Antitrust Plaintiffs

NEW YORK (Reuters) - Royal Bank of Scotland Group Plc's admission that its employees coordinated with a trader at another bank to manipulate benchmark interest rates is not necessarily the knock- out...

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U.S. SEC Chair Nominee Vows to Avoid Conflicts of Interest

WASHINGTON (Reuters) - President Barack Obama's nominee to lead the U.S. Securities and Exchange Commission pledged to stay away from any matters involving her old law firm or former clients for one...

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SandRidge: Default Possible If Board Replaced

OKLAHOMA CITY, Okla. (Reuters) - SandRidge Energy Corp. said replacing its board, as suggested by its third-largest shareholder, TPG-Axon, would lead to a default under its credit agreement and require...

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Initial Jobless Claims Slip 5,000 to 366,000 in Week Ended Feb. 2

Byline: Market News International WASHINGTON -- Initial claims for U.S. state unemployment benefits fell by 5,000 to 366,000 in the February 2 week, the Labor Department reported Thursday. The initial...

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Avondale School District, Mich., Downgraded to Baa1 by Moody's

Moody's Investors Service has downgraded to Baa1 from A2 the underlying rating on Avondale School District, Mich.'s general obligation tax pledge and removed the negative outlook. The Baa1 rating...

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-European Divestments Affected by Turmoil in Egypt

Global Banking News-February 8, 2013--European divestments affected by turmoil in Egypt(C)2013 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 08 February 2013 The political unrest in...

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-Pasha Bank Opens in Georgia

Global Banking News-February 8, 2013--Pasha Bank opens in Georgia(C)2013 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 08 February 2013 The first subsidiary of Azerbaijan-based Pasha...

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-Nedbank Launches POS Solution

Global Banking News-February 8, 2013--Nedbank launches POS solution(C)2013 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 08 February 2013 Nedbank has announced that it has launched a...

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-Nationstar Takes over Equifax

Global Banking News-February 8, 2013--Nationstar takes over Equifax(C)2013 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 08 February 2013 Texas-based residential mortgage services...

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-Columbia Banking System Chief Wins Excellence Award

Global Banking News-February 8, 2013--Columbia Banking System chief wins excellence award(C)2013 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 08 February 2013 Melanie J Dressel, the...

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-Charles Schwab Selects ETF Securities

International Resource News-February 8, 2013--Charles Schwab selects ETF Securities(C)1994-2013 ENPublishing - httpwww.enpublishing.co.uk International Resource News - 08 February 2013 Charles Schwab,...

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-Water Development Board in Nepal to Seek Compensation from Commercial Banks

Global Banking News-February 8, 2013--Water development board in Nepal to seek compensation from commercial banks(C)2013 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 08 February 2013...

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