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CompareCC News Archive Listing for Stocks and Investing during 2008-11-17.
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Hypo Real Estate Group 3Q loss 3.1 billion euros
 
AP - German lender Hypo Real Estate reported Monday a net loss of 3.1 billion euros ($4 billion) in the third quarter as the financial crises worsened, with a unit in Ireland hit especially hard by write-downs on the values of its assets.
London shares fall 0.32% as trading begins
 
AFP - Share prices here fell by 0.32 percent on the FTSE 100 share index when trading began here on Monday in the first European deals after an economic crisis summit in Washington at the weekend.
FTSE-100 down 71.22 at 4,161.75
 
AP - Share prices on the London Stock Exchange were lower at midday Monday.
Stock futures fall ahead of retailer earnings
 
AP - An anxious Wall Street proceeded cautiously Monday after last week's selloff, sending stock futures lower ahead of earnings from two major retailers.
Hong Kong's main stock index ends flat
 
AP - Hong Kong stocks ended flat Monday in razor-thin trade as gains in mainland China's market helped offset Wall Street's dour performance and news Japan had slipped into recession.
Lowe's 3Q profit falls on slow spending
 
AP - Lowe's says its third-quarter profit fell 24 percent as consumers delayed home-improvement projects and big-ticket purchases, but the results still beat Wall Street's expectations.
Freddie Mac could lose $20-$40 billion in 2009: Friedman
 
Reuters - Freddie Mac could post losses totaling $20 billion to $40 billion in 2009, hurt by higher credit costs and write-downs in mortgage assets, an analyst at Friedman Billings Ramsey said.
German's KfW reports 1.8 billion euro 9-month loss
 
AP - KfW, the German state-owned development bank, said Monday that write-downs and the bailout of IKB Deutsche Industriebank AG drove it to a 1.8 billion euro ($2.3 billion) loss in the first nine months of 2008.
Stocks open lower on more economic woes
 
AP - Stocks are down moderately in early trading as investors digest more job cuts on Wall Street and a better-than-expected report on industrial output.
European markets fall further ahead of US open
 
AP - European stock markets fell Monday amid concerns Wall Street will open lower later and disappointment that the world leaders' summit in Washington over the weekend did not yield more concrete proposals for a new international financial framework.
World stocks slide on Citigroup jobs cull
 
AP - U.S. and European stock markets fell Monday after Citigroup Inc. announced that it would cut another 53,000 jobs around the world in the coming quarters to deal with the fallout from the financial crisis. Asian shares were steady earlier.
Stocks fall on more economic woes
 
AP - The selling on Wall Street continued Monday as investors digested more signs of economic weakness, including a huge round of layoffs in the financial sector.
Stocks fluctuate on more economic news
 
AP - Wall Street fluctuated Monday as investors digested more signs of economic weakness, including a huge round of layoffs in the financial sector.
FTSE 100 down 100.81 points at 4,132.16
 
AP - Share prices on the London Stock Exchange closed lower Monday.
Global stocks tumble as Japan falls into recession
 
AFP - Global stock markets slumped Monday as the bad news on the financial crisis got worse, with Japan, the world's second largest economy, in recession and US banking giant Citigroup cutting 50,000 jobs.
NBA club owner Cuban charged with insider trading
 
AFP - Mark Cuban, the controversial owner of the National Basketball Association's Dallas Mavericks, was charged with insider trading Monday by the Securities and Exchange Commission (SEC).
World stocks fall on Citigroup cuts
 
AP - U.S. and European stock markets fell Monday after Citigroup Inc. said it would cut another 53,000 jobs around the world in the coming quarters to deal with the fallout from the financial crisis. Asian shares were steady earlier.
FTSE 100 shares end in the red
 
AFP - London shares were in the red on Monday, led by retail stocks as recession fears stalked investors.
SEC charges Mark Cuban over Mamma.com share sale
 
Reuters - The SEC says it has charged Mark Cuban with insider trading in shares of Mamma.com Highlights:
Lowe's profit beats but year view cut
 
Reuters - Lowe's Cos reported higher-than-expected quarterly profit on Monday as sales of hurricane-repair and outdoor goods helped offset weakness in big-ticket projects, sending shares up 8 percent.
Lowe's 3Q profit falls 24 percent on slow spending
 
AP - Lowe's Cos. Inc. posted better-than-expected third-quarter results Monday, even as profit slid more than 24 percent because shoppers postponed big-ticket purchases amid growing economic uncertainty.
At a Glance: Wal-Mart Stores vs. Target
 
AP - Discount retailers are performing better than some others amid the weak economy as hunt for bargains, but Wal-Mart Stores Inc. has been performing better than Target Corp., due to its focus on groceries and low prices.
Stocks finish lower as recession worries deepen
 
AP - Wall Street finished sharply lower Monday as investors pored over more signs of economic weakness, including a huge round of layoffs in the financial sector.

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