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Market Winners & Losers: American Capital, Celgene (Fox News)
It was a choppy trading day for the markets today, but the indices weathered the storm and landed in the green with the S&P 500 closing up 7.25 points, or 0.78%, at 934.70.
Read more...Synovus stock falls after bank boosts loan loss fund (Atlanta Journal-Constitution)
Shares of Synovus, Georgia's second-largest bank, fell Monday as investors digested the company's weekend announcement that it expected to set aside $350 million to cover potential loan losses. That marks a whopping 75 percent increase in the company's loan loss allowance, which stood at $464 million at the end of the third quarter. Synovus' stock price fell 13 percent Monday, to $7.13 per share.
Read more...Bank of Canada 98-day T-bill yields avg 0.942 pct (The Forex Market)
TORONTO, Jan 6 (Reuters) - The Bank of Canada said on Tuesday the average yield at this week's auction of C$400 million of 98-day Government of Canada Treasury bills due April 16 was 0.942 percent, down from 0.945 percent at the last auction.
Read more...Stocks Indicating A Roughly Flat Open On First Trading Day Of New Year - U.S. Commentary (Nasdaq)
(RTTNews) - After a strong close on Wednesday, stocks are indicating a roughly flat open on Friday following the New Year's Day holiday. Some economic news is expected to influence trading, although low volume due to the holiday-shortened week may cause some volatility.
Read more...Ban on Cash Converters loan (The Courier Mail)
QUEENSLAND'S biggest payday lender, Cash Converters, will stop offering a controversial loan as many other lenders come under regulatory scrutiny.
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