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Stock futures slip on caution before jobs data

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Stock index futures dipped on Friday as investors feared government payrolls data for February may show the recession is deepening and extend Wall Street's recent fall to 12-year lows.
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Asia stocks slide on Wall St woes, fall limited

Asia stocks slid on Friday after a warning from General Motors' that it may need to file for bankruptcy drove Wall Street shares to 12-year lows and highlighted the severe troubles of major U.S. companies and banks.
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Asia stocks slide as Wall St hits 12-year low

Asia stocks slid on Friday after a warning from General Motors' that it may need to file for bankruptcy drove Wall Street shares to 12-year lows and highlighted the severe troubles of major U.S. companies and banks.
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Fed won't say who helped by AIG rescue

The U.S. Federal Reserve refused to identify trading partners benefiting from a $180-billion taxpayer bailout of American International Group as one lawmaker said Europe's financial stability was at stake in the rescue of the insurer.
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GE CFO sees no time bomb in finance arm

General Electric Co acknowledged on Thursday that a cut in its top-tier credit rating was possible, but its chief financial officer said there was no time bomb hidden in its hefty finance arm.
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Dow and S&P hit 12-year lows

Stocks slid on Thursday with the Dow and S&P falling to 12-year lows as General Motors' warning of possible bankruptcy and concerns about the banking system's fate reinforced investors' reluctance to take on risk.
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Wall Street hits 12-year lows on GE and GM woes

Stocks slid on Thursday with the Dow and S&P falling to 12-year lows as General Motors' warning of possible bankruptcy and concerns about the banking system's fate reinforced investors' reluctance to take on risk.
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GE rating seen unlikely to be cut below double-A

A widely anticipated cut to General Electric Co's credit ratings would likely not take the U.S. conglomerate below the double-A level, bond experts and GE's chief financial officer said on Thursday.
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U.S. gears up for digital TV switch on June 12

With about three months to go, U.S. regulators say some consumers are still unprepared for the television industry switch to digital broadcasting, which will affect Americans who do not receive their signals through cable or satellite.
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Wall St. drops on financials, GM woes

Stocks extended their slide to 12-year lows on Thursday as General Motors' warning of possible bankruptcy and concerns about the fate of the banking system sped investors' flight from riskier assets.
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Amazon starts videogame trades

Amazon.com said on Thursday that it would allow shoppers to trade-in used videogames for store credit, a move that may challenge a core driver of profitability for game retailer GameStop.
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O'Shaughnessy sees big upside, S&P 500 at 900

U.S. stocks are trading at compelling prices after their plunge to 12-year lows this week and could rally 25 percent by the end of the year, said Jim O'Shaughnessy, a well-known investor on Wall Street.
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Wall St. sinks on financials, GM woes

Stocks slid on Thursday, hit by persistent worries about major banks, including Citigroup , and a warning from General Motors about a possible bankruptcy.
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Millions of U.S. households not ready for HD

With about three months to go, U.S. regulators say some consumers are still unprepared for the television industry switch to digital broadcasting, which will affect Americans who do not receive their signals through cable or satellite.
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U.S. officials admit huge regulatory gaps on AIG

U.S. regulators failed to spot how much risk insurer AIG was piling on, and by the time they understood, they had no choice but to pour in tens of billions of public dollars, officials said on Thursday.
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U.S. retailers boosted by Wal-Mart in February

U.S. retailers posted better-than-expected February same-store sales on Thursday due to a strong gain at discounter Wal-Mart Stores Inc , which said lower gasoline prices had loosened some household budgets.
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GE CFO says no 'time bomb' for finance arm

General Electric Co acknowledged on Thursday that a cut in its top-tier credit rating was possible, but its chief financial officer said there was no time bomb hidden in its hefty finance arm.
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Wall St slides on GM worries, banks

U.S. stocks extended declines on Thursday, hurt by a warning from General Motors about possible bankruptcy and persistent uncertainty about the fate of major banks.
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One in 8 U.S. homeowners late paying or in foreclosure

About one in eight U.S. homeowners with mortgages, a record share, ended 2008 behind on their loan payments or in the foreclosure process as job losses intensified a housing crisis spawned by lax lending practices, the Mortgage Bankers Association said on Thursday.

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