Market Gawk

Stocks slumped Wednesday after the minutes from the last Federal Reserve policy meeting seemed to exacerbate bets that the central bank is unlikely to cut interest rates anytime soon.

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The South Korean steel giant wants to build a plant in the eastern Indian state of Orissa.

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The National Realtors Association lowered its outlook for home sales this year.

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A daily feature available on SchaeffersResearch.com is ”Behind the Headlines.” Every day, we’ll focus on the day’s action of newsworthy stocks that are generating a lot of attention…(Read More)

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Stocks traded lower early Wednesday, pulling back after their recent gains.

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The company said it has hired JPMorgan and traders responded by aggressively buying shares.

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Dollar traders were looking forward to the first viable market-moving economic event for the week. After grinding through two sessions of questionable liquidity and geopolitical-driven price action, today?s FOMC minutes promises to clarify the central bank?s reasoning behind heating up their inflation warning while ignoring the topical issues of heightened volatility in financial market and sub-prime defaults.

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Four months after beef from a Hastings slaughterhouse was rejected in South Korea over fears of mad cow disease, the slaughterhouse owner faces $180,900 in fines related to 37 alleged safety and health violations.

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The current market-based system is the best way to regulate the trillion-dollar hedge fund industry although improvements can be made, Federal Reserve Chairman Ben Bernanke said Wednesday.

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As I reported yesterday, Citigroup (C), the U.S.’s largest bank, was slated to announce its highly anticipated (especially by slightly disgruntled shareholders) restructuring plan this morning…(Read More)

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