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MarketWatch.com - Top Stories
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MarketWatch, a leading publisher of business and financial news, offers users up-to-the minute news, investment tools, and subscription products.
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Latin American Markets: Argentina OKs pensions takeover; Brazil, Mexico mixed
Argentine stocks fall following a widely expected decision by the government to nationalize pension funds, and Brazilian stocks drop more than 6%, with commodity stocks driving the decline.
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Geithner pick means White House will run economic policy
The choice of Timothy Geithner, the president of the New York Federal Reserve, to be the next Treasury Secretary is a sign that the Obama White House wants to keep a firm grip on economic policy, analysts say.
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The skies just got friendlier -- and roomier
That's not turbulence. It's the Canadian chapter of Big Beautiful Women and Big Handsome Men dancing in the aisles.
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Canadian Markets: Oil, mining stocks track burst of buying on Wall Street
Canadian shares surge, fueled by a Wall Street rally on news that the incoming administration of President-elect Barack Obama has made some selections for nominees to crucial cabinet positions, including Treasury.
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Currencies: Dollar lower as stocks recover ground
The U.S. dollar declined Friday versus major currencies including the euro and British pound as currency markets took the cue from the gains in U.S. stocks.
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The Community Bank closed, 20th failure of the year
Loganville, Ga.-based The Community Bank has been closed by regulators, marking the 20th bank failure so far this year amid the ongoing financial crisis.
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The Stockpickers: Loomis Sayles fund manager favors H-P, Travelers, Pulte Homes
WASHINGTON (MarketWatch) -- The bear market has been a steel trap for investors, but mutual-fund managers such as Warren Koontz are beating the bushes for long-term values once the economy recovers.
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Cooper Industries cuts earnings outlook citing credit crisis
Electrical parts maker Cooper Industries Ltd. adds its voice to a growing chorus of manufacturers warning that tight credit markets and economic uncertainties are taking a toll on near-term earnings.
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After Hours: Citigroup climbs as late-traded stocks take a hit
Citigroup Inc. shares rise, standing out among volume leaders whose shares drop sharply as investors book gains from the dayside's rally.
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Market Snapshot: Stocks trim weekly losses on word Geithner will head Treasury
U.S. stocks finish solidly higher on report President-elect Barack Obama will nominate Timothy Geithner to be the nation's Treasury secretary.
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