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Wachovia CFO Tom Wurtz leaving
Wachovia Corp. announced Thursday evening that chief financial officer Tom Wurtz is leaving the company.
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Credit Crunch: Goldman Raises $10 Billion Fund To Finance Its Own LBOs
As the credit crisis had dried up the loans to finance leveraged buyouts , Goldman Sachs has decided to fill the gap by raising a $10 billion fund that will invest in such loans.
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Crown Castle swings to profit in 2Q on tax gain
Cell-phone tower operator Crown Castle International Corp. Thursday reported a profit for the second quarter due to a tax benefit.
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Wall Street tumbles, led by financials
NEW YORK: US stocks tumbled more than 2% on July 24 after a report showing yet another drop in US home sales prompted investors to take profits in financial shares, which had rallied over the past week.
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Dow Chemical reports decline in 2Q profit
Dow Chemical Co. said Thursday that despite record sales and two double-digit price increases unveiled in the second quarter, its profit for the period fell 27 percent, in large part because of sharply higher ...
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Local golfers move up in N.B. Player-of-the-Year standings
Local athletes moved up last week in the New Brunswick Golf Association's 2008 Player-of-the-Year standings by way of their recent top-flight results at two major events.
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U.S. Durable-Goods Orders Probably Dropped in June on Costs, Housing Slump
Orders for U.S. durable goods probably fell in June as surging raw-material costs prompted companies to limit spending, economists said ahead of a government report today.
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SEC chairman, New York Fed chief butt heads over i-bank regulation
During a July 24 House hearing, SEC Chairman Christopher Cox urged Congress to resist calls to impose commercial bank-style regulation on investment banks and deny investment banks permanent access to federal ...
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Paulson's Need for Fannie-Freddie Deal Outweighs Bush's Free-Market Views
In October 2003, Treasury Secretary John Snow told Congress ``we need to be on guard'' against the ``perception'' that the U.S. government stood behind the stocks and bonds of Fannie Mae and Freddie Mac .
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National City posts $1.8B loss for 2nd quarter
Regional bank National City Corp. on Thursday reported a $1.76 billion loss for the second quarter, as mortgage loans soured and it took a big charge related to previous acquisitions.
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Wachovia Corp , which posted a record $8.86 billion second-quarter loss Tuesday, said Chief Financial Officer Thomas Wurtz will resign from the fourth-largest U.S. bank after a successor is named.
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Nextwave sells AWS spectrum for $150.1M, T-Mobile USA is the big buyer
Nextwave owns spectrum across the world. Nextwave Wireless Inc. sold nearly two-thirds of its advanced wireless services spectrum for $150.1 million.
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VCs aren't the only ones whose nostalgia for the go-go '90s grows as the IPO drought stretches on.
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First day of public trading for GT Solar of Merrimack
Twenty million shares of GT Solar International Inc. traded yesterday on the Nasdaq stock exchange on its first day of public trading.
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Big Gay Sketch Show's Julie Goldman: Exclusive Interview
Julie Goldman , star of Logo's Big Gay Sketch Show , breaks all the rules at breakneck speed.
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Wachovia CFO to leave; search begins for successor
Wachovia Corp. said late Thursday its chief financial officer is stepping down and that it has begun a search for his replacement.
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Minimum wage going up, little help as costs soar
About 2 million Americans get a raise Thursday as the federal minimum wage rises 70 cents.
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Wachovia's CFO leaving company
Wachovia Corp. announced Thursday evening that chief financial officer Tom Wurtz is leaving the company.
Comment?
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Travelers' Results Termed 'Strong' Despite 25 percent Drop In ProfitsLoading...
The Hartford Courant, Conn. Source: Hartford Courant, The Wordcount: 520 Jul. 24--Net profit at The Travelers Cos.
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L.A. Sues Financial Firms, Alleging Fraud In Bond IssuesLoading...
July 24, 2008 Thursday Home Edition SECTION: BUSINESS; Business Desk; Part C; Pg.
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