Archive for the ‘Business’ Category

Mortgage rates for the past 52 weeks, at a glance

Thursday, July 28th, 2011

AP – Mortgage rates for the past 52 weeks, at a glance
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Nintendo shares plunge after forecast, price cut

Thursday, July 28th, 2011

Shoppers walk around the section of Nintendo 3DS software at an electronics retail store in Tokyo, Thursday, July 28, 2011.  Nintendo Co. says it stayed deep in the red in the latest quarter, prompting the Japanese video game giant to cut its full-year forecasts and slash prices on its new 3DS handheld device. (AP Photo/Shizuo Kambayashi)AP – Shares of Nintendo Co. shed a fifth of their value Friday after the Japanese video game giant posted a deep loss in the latest quarter, cut its full-year forecasts and slashed prices on its new 3DS handheld device.



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Italy borrowing costs soar in volatile euro markets

Thursday, July 28th, 2011

Reuters – Italy’s borrowing costs soared at a closely watched bond auction on Thursday as investors worried by the euro zone debt crisis and an impasse over the U.S. debt ceiling exacted a high risk premium.
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Vote delayed on debt bill as default date looms

Thursday, July 28th, 2011

Reuters – A Republican plan to cut the budget deficit stumbled toward a vote in Congress on Thursday and its expected demise could force a compromise to avert an imminent and unprecedented debt default by the world’s largest economy.
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Asian markets open lower amid US debt nervousness

Thursday, July 28th, 2011

Traders work on the floor of the New York Stock Exchange Wednesday, July 27, 2011. (AP Photo/Richard Drew)AP – Asian markets moved mostly lower early Friday as a congressional vote on a bill to extend the U.S. government’s debt ceiling was delayed with time running out ahead of a deadline for action next week.



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