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Wall Street soars on asset plan

Stocks extended gains on Monday, sending the benchmark S&P 500 up more than 3 percent, following a report that showed sales of existing homes rebounded in February.

Wall Street set to jump on hopes for toxic asset plan

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Wall Street was set for a sharply higher open on Monday after the U.S. government released details of a plan to clean up toxic assets from banks' balance sheets, a crucial component of efforts to stabilize the recession-hit economy.

Stock futures rise on toxic asset plan hopes

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Stock index futures pointed to a sharply higher open on Monday after the U.S. government released details of a plan to clean up toxic assets from banks' balance sheets, a crucial component of efforts to stabilize the recession-hit economy.
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Tiffany posts lower quarterly profit

Tiffany & Co posted a higher-than-expected quarterly profit on Monday but was stung in the period by lower sales and said it has not seen any signs of a turnaround.
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Stock futures rise on toxic asset plan reports

S&P 500 stock index futures rose in electronic trading on Sunday after media reports detailed the U.S. Treasury's three-pronged bid to cleanse the financial system of toxic assets clogging banks' balance sheets.
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Futures rise on toxic asset plan reports

S&P 500 stock index futures rose at the start of electronic trading on Sunday after media reports detailed the U.S. Treasury's three-pronged bid to cleanse the financial system of toxic assets clogging banks' balance sheets.
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SocGen gives up stock options

Bosses at French bank Societe Generale gave up their stock options and the government said it might give new funds to support youth employment on Sunday in moves aimed at calming public discontent.
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SocGen bosses give up stock options after outcry

French bank Societe Generale said on Sunday four of its bosses would give up stock options they had awarded themselves earlier this month causing public outcry because the bank is benefiting from state aid.
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U.S. regulator probing 'rampant Ponzimonium'

Hundreds of people in the United States are under investigation for financial scams, many involving Ponzi schemes, a U.S. regulator said on Friday, calling the phenomenon rampant Ponzimonium.
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Wall St. hurt by banks as TALF falls short

Stocks slid on Friday as the Federal Reserve's plan to rekindle consumer and small business lending fell short of expectations and General Electric was hit by analysts' bearish comments.
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Wall St. drops with banks, GE, but up for week

Stocks fell on Friday as a Federal Reserve's plan to rekindle consumer and small business lending fell short of expectations and General Electric was hit by bearish analyst comments.
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Fiat would not assume debt under alliance: Chrysler

Chrysler LLC said on Friday that Italy's Fiat SpA would not assume any of its debt under a proposed alliance between the automakers, backing down from a claim it had made just a day earlier in a bid to bolster support for the deal.
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Wall Street slides as banks fall

Stocks fell on Friday, as long-standing worries about the health of the banking system resurfaced and a brokerage said American Express may post yearly losses and cut its dividend.
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Wall Street little changed as banks offset tech rise

Stocks were little changed on Friday as financial shares fell after the tepid debut of a Federal Reserve measure to revive lending, offsetting investors' bets that mergers could heat up after reports IBM was in talks to buy rival Sun Microsystems.
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UAL sees $80 million fuel hedge loss

UAL Corp , parent of United Airlines, said on Friday it expects an $80 million cash loss related to fuel hedge contracts that settled in the first quarter.
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Fiat denies plan to assume Chrysler debt

Italy's Fiat SpA denied on Friday it would assume any current or future debt from Chrysler LLC , the troubled U.S. car maker with which it plans to form a partnership.
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Wall Street set to extend losses

U.S. stock index futures pointed to a lower open on Friday, extending losses from the previous session, as investors became concerned about the inflationary effects of the Federal Reserve's move to buy long-term Treasuries.
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Dollar rebounds after large losses; oil retreats

The U.S. dollar edged higher on Friday but still headed for its biggest weekly fall in 24 years on investor fears that it will lose its status as the world's reserve currency, while oil prices ceded ground after a recent rally.
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Nasdaq briefly turns positive, Oracle climbs

Stocks trimmed earlier losses on Thursday, while the Nasdaq briefly turned positive, helped by a jump in shares of Oracle after the business software maker reported results that beat forecasts.
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Stocks drop on banks, big pharma

Stocks fell on Thursday due to profit-taking in financials, a drag from the health-care sector and a bearish broker comment on 3M Co. Investors were also unsettled the the Federal Reserve's move to inject $1 trillion into the financial system could stir inflation in the long term.

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