Tag Archives: lending

Euro gains a day after central banks agreement; Aussie dollar drops

The euro gained against both the U.S. dollar and Japanese Yen on Thursday after a move by central banks on Wednesday to ease lending to banks and increase the flow of the dollar eased strains on the global market .…

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Markets rally, oil prices top $100 a barrel

A decision to make it easier for banks to lend money to keep the economy growing by the Federal Reserve along with the European Central Bank, the Bank of England and central banks from Canada, Japan and Switzerland led to …

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General Electric profit up, stock down

General Electric (NYSE:GE) is trading over 1.3 percent lower today despite reporting an 18 percent increase in its third quarter. The company attribute the jump in earnings to a rebound in its lending business.

The company said that for the …

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JP Morgan net income drops 4 percent in 3Q but beats expectations

JP Morgan (NYSE:JPM) is trading over 4.6 percent lower today after the company reported a 4 percent drop in net income during its third quarter. The financial heavyweight blamed a weak performance from its investment banking division, a loss from …

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What you need to know about Lennar Corp.

Lennar Corp. (NYSE:LEN) said on Monday that due to the delivery of fewer homes in the third quarter the company seen a 31 percent drop in net income during that fiscal period.

The homebuilder aid that low prices and low …

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Gold and Silver rise on renewed European debt concerns

Gold futures have risen by their largest percent all week over concerns that eurozone leaders have not taken the necessary steps to stop the spread of Europe’s debt crisis ahead of a meeting today. The threat of the spread of Europe’s …

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