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221. Germany has plan for Opel if GM bankruptcy: paper
Germany has a plan to protect the assets of carmaker Opel from creditors if its U.S. parent General Motors is forced into bankruptcy next month, German Economy Minister Karl-Theodor zu Guttenberg said in an interview with a German weekly.
09 May 2009
222. Fed cut banks' deficits after negotiations: report
The Federal Reserve reduced the size of capital deficits facing several banks before releasing the results of "stress tests" on the financial institutions, according to a story in the Wall Street Journal on Saturday.
09 May 2009
223. Wall St leaps on bank optimism, jobs data
U.S. stocks rose on Friday, and the Nasdaq capped its longest stretch of weekly gains in a decade as stress test results and reassuring jobs data fueled hopes the worst is over for banks and the economy.
09 May 2009
224. Bank confidence, data push Wall St higher
U.S. stocks rose on Friday, and the Nasdaq capped its longest stretch of weekly gains in a decade as stress test results and reassuring jobs data fueled hopes the worst is over for banks and the economy.
09 May 2009
225. Wall St rallies on bank confidence, data
U.S. stocks rose on Friday as results of bank stress tests fueled hopes that the worst is over for the financial sector, and news of fewer-than-expected April job cuts suggested the economic slump is moderating.
09 May 2009
226. Stocks advance on relief on banks, jobs data
Stocks rose on Friday after the government's bank stress tests fueled hopes that the worst is over for the financial sector, while news of fewer-than-expected April job cuts suggested the economic slump was easing.
08 May 2009
227. India can comfortably grow 7-8 pct - former RBI head
India should emerge from its downturn ahead of developed economies, with recovery depending on an export revival as falling external demand was the main reason for slowing growth, said former Reserve Bank of India (RBI) chief Yaga Venugopal Reddy.
08 May 2009
228. U.S. banks rush to raise capital
Morgan Stanley and Wells Fargo rushed to sell more than $10 billion of stock after the U.S. government said top financial firms have a $75 billion hole in their capital, while two European banks said their bad debts are rising.
08 May 2009
229. Wall Street gains on bank rally, jobs data
Stocks rose on Friday after the government's stress test results on big banks increased optimism about financial stocks, and data showed employers cut fewer-than-expected jobs in April.
08 May 2009
230. Dow, S&P climb on banks; Tech weighs on Nasdaq
The Dow and S&P 500 rose on Friday after the government's stress tests results on big banks lifted optimism on financial stocks, and data showed employers cut a smaller-than-expected amount of jobs in April.
08 May 2009
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