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The head of a Maltese ferry company says two of his vessels are waiting to leave the Libyan capital with foreigners trying to leave the strife-torn country but have been detained by bureaucracy and rough seas.
Henri Saliba, managing director of Virtu Ferries, says the San Gwann is accepting anyone who wants to board and is […]
House Republicans on Friday urged Senate Democrats to accept $4 billion in cuts as a compromise to keep the government running for two weeks past a March 4 deadline.
“A government shutdown is not an acceptable or responsible option for Republicans,” House Majority Leader Eric Cantor of Virginia said in a conference call where he and […]
Four bankers with Switzerland-based Credit Suisse Group are accused of helping U.S. taxpayers hide as much as $3 billion in assets from the IRS.
The conspiracy indictment was handed down Wednesday in U.S. District Court in Alexandria, Va. Arrest warrants have been issued for all four who are believed to be in Switzerland: Marco Parenti Adami, […]
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Medco Health Solutions Inc., the country’s largest pharmacy benefits manager, said Tuesday its fourth-quarter profit rose 11 percent, reflecting record volumes in mail-order prescriptions.
The Franklin Lakes, N.J., company also reaffirmed its 2011 guidance.
For the October-December quarter, the company reported net income of $378.5 million, or 88 cents per share, compared with $341.5 million, or 70 […]
Would you rather follow an elephant or a jackrabbit into the stock market?
Elephant-size stock mutual funds trumpet loudly and leave big footprints but often trail the more agile smaller funds that can hop around swiftly with the trends.
Nonetheless, these behemoths remain core components in an individual’s portfolio because reliability and brand-name holdings keep conservative investors […]
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You see them everywhere: On the subway, in hockey arenas, outside high schools across Toronto, the fur trimmed parkas with the distinctive red, white and blue upper arm badge that says Canada Goose.
Originally created for research scientists who work in Canada
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Spain sold 3.5 billion euros ($4.8 billion) of bonds today, less than the maximum target, as demand declined. Bonds fell after the sale.
The Treasury sold 2.47 billion euros of 10-year bonds at an average yield of 5.2 percent, the Bank of Spain in Madrid said, compared with 5.446 percent the last time similar […]
NOTE: This article has been edited from a previous version.
Like many bond investors, Dominic is on the fence.
The Toronto investor, who asked that his last name not be used, likes bonds because they provide a reliable, steady return, more than a GIC, but without the risk associated with stocks.
He estimates his return was about 5 […]
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Ashraf Abdel-Wanis had plenty of reasons to join tens of thousands of fellow Egyptians in their successful push to oust President Hosni Mubarak. At 39, he last worked five years ago in a sugar factory and now gets by mainly on his wife’s $50 monthly salary and his mother’s pension.
“The Egyptian family’s nutrition consists […]