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By Stephen Kirkland and Pratish Narayanan |
May 15, 2013
The dollar index rose to the highest level in more than nine months amid speculation policy makers may curb stimulus.
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By Craig Stirling, Bloomberg |
May 14, 2013
Greece won an upgrade by one level from Fitch Ratings, which cited the country’s progress in rebalancing the economy and bringing its deficits under control.
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By Charles Mead and Sarika Gangar, Bloomberg |
April 30, 2013
Apple Inc., the iPhone maker seeking to help finance a $100 billion capital reward for shareholders with borrowed money, may sell its first bonds in almost two decades as soon as today with a six-part offering.
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By Nikolaj Gammeltoft and Stephen Kirkland, Bloomberg |
April 19, 2013
U.S. stocks rose, paring the biggest weekly drop for the Standard & Poor’s 500 Index since November, amid better-than-estimated earnings and Group of 20 nation talks aimed at bolstering the global economy.
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By Stephen Kirkland and Sarah Pringle, Bloomberg |
March 27, 2013
Stocks fell and the euro weakened to a four-month low against the dollar, while Treasuries rallied and Italian and Spanish bonds slumped, as concern about Europe’s debt crisis deepened.
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By Inyoung Hwang and Sarah Pringle, Bloomberg |
March 8, 2013
U.S. stocks rose, with the Standard & Poor’s 500 Index approaching a record high, as data showed employers added more jobs than forecast last month and the unemployment rate unexpectedly dropped.
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By Liz Capo McCormick and Masaki Kondo, Bloomberg |
February 19, 2013
The options market is signaling the threat of a breakup in the 17-nation euro bloc is disappearing as the price of insurance against wild swings in the region’s single currency fall to a five-year low.
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By Mary Childs, Bloomberg |
February 15, 2013
McGraw-Hill Cos., the owner of the world’s largest ratings company, was downgraded by its biggest rival after the U.S. government filed a lawsuit that seeks as much as $5 billion in damages.
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By Phil Mattingly |
February 11, 2013
Frustration with New York-based S&P, the nation’s largest ratings firm, Moody’s Corp. and Fitch Ratings has existed almost since the current administration took office.
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By Phil Mattingly and Edvard Pettersson, Bloomberg |
February 5, 2013
The U.S. is seeking as much as $5 billion in penalties from McGraw-Hill Cos. and its Standard & Poor’s unit as punishment for inflated credit ratings that were central to the worst financial crisis since the Great Depression.