Archive for November, 2007

Stocks higher; Freddie sinks

Stocks were mostly higher at the start of trading Tuesday, but Freddie Mac’s bigger-than-expected loss and huge writedown sent its shares down by one-third.

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Stocks slip back at open

U.S. stocks fell at the start of trading Monday as new concerns about oil and the credit crisis spooked investors.

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7 year-end tax-saving moves

You probably don’t know what your federal tax liability will be for 2007, and Congress certainly isn’t helping. Lawmakers have yet to pass a temporary fix to the Alternative Minimum Tax, to prevent 21 million of us from having to pay the so-called wealth tax.

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$2 trillion lending crunch seen

The mortgage wipeout could result in a $2 trillion cutback in lending and have dramatic implications for the U.S. economy, according to Wall Street investment bank Goldman Sachs.

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Young doctors in debt

It’s Wednesday evening and Megan Reis can’t remember when she last saw her husband Chris. Small wonder. Since Sunday morning, Meg has worked more than 60 hours at Advocate Hope Children’s Hospital, the Chicago-area facility where she is training in pediatrics.

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Stocks off to a higher start

Stocks moved cautiously higher Friday as investors weighed news of a Cisco stock buyback and an earnings warning from package delivery firm FedEx.

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Best Places For Retirees

As baby boomers begin to enter retirement, the places where they want to live are changing.

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America’s Undervalued Real Estate Markets

Property in these cities can deliver bang for the buck.

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Stocks get a boost at the open

Results from two key retailers and a drop in oil prices helped lift U.S. stocks at the start of trading Tuesday.

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Citi’s writedowns: When did it know?

Facts coming out in the media, including those in a Fortune article being released with this online posting make it clear that Citigroup delayed for more than a week - from Saturday, October 27th until Sunday, November 4th - in announcing material information about the multi-billion-dollar write-downs it expects to record in this quarter. In the more than a week that passed, there were five trading days - October 29th through November 2nd - in which investors buying and selling Citigroup stock did not know that the write-downs were coming.

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