Highlights
A collection of news and information related to Wachovia Corp. published by Tribune Company sources.
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As Treasury yields sink to record lows, savers see money market returns dwindle
AP Business WriterNEW YORK (AP) _ Treasury yields, some of the most sensitive barometers of investor sentiment, keep dropping to new record lows as a torrent of bad economic news continues. But as investors send yields down, they're also influencing the economy —...Tags: Los Angeles, Mortgages, Money and Monetary Policy, Stock Activities, Credit Ratings
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Harris names new head of retail banking
Tribune staff reporterHarris Bank, the Chicago area's third-biggest bank in deposit market share, has named Christopher McComish as executive vice-president and head of retail banking. McComish joins Harris from Wachovia N.A., where he most recently served as the executive...Tags: Illinois, Government, Marketing, Corporate Performance, National Government
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Ex-Le-Nature's head named in racketeering suit
The Associated PressThe former chief executive of a bankrupt drink company and Wachovia Corp. are among those named in a racketeering lawsuit filed by a bankruptcy trustee. The lawsuit unsealed late last month accuses former Le-Nature's Inc. CEO Gregory Podlucky of...Tags: Justice System, Charlotte, Trials, Prosecution, Bankruptcy
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JPMorgan to cut jobs at Washington Mutual
The Associated PressJPMorgan Chase & Co. said Monday that it would cut 9,200 jobs at Washington Mutual, which it acquired Sept. 25 after the latter became the nation's largest bank to fail amid the ongoing credit crisis. Of the 9,200 jobs being eliminated as JPMorgan...Tags: Lehman Brothers Holdings Incorporated, J.P. Morgan Chase & Co., Seattle, Wells Fargo & Co., Employees
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Double downer: Nation's in recession, stocks skid
The Associated PressMost Americans sorely knew it already, but now it's official: The country is in a recession, and it's getting worse. Wall Street convulsed at the news — and a fresh batch of bad economic reports — tanking nearly 680 points. With the...Tags: Government, Broward County, Federal Reserve, Economy, Heads of State
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Stocks drop nearly 700, erase much of gain
Associated PressThe stock market suffered one of its worst days since the financial meltdown yesterday, slicing 680 points off the Dow Jones industrial average as Wall Street snapped out of its daydream of a rally and once again faced the harsh reality of a recession....Tags: Government, Stock Activities, Sales, Financial Markets, Government Debt
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Hard lessons for a lifelong capitalist
''Capitalist, 1792. One who has capital, esp. one who uses it in business enterprises …'' -- The Oxford Universal Dictionary, Third Edition The habit of acquiring capital at a tender age to support the enterprises of life quickly becomes an addiction....Tags: Harleysville National Corporation, Behavioral Conditions, Hyde Park, Philadelphia (Philadelphia, Pennsylvania), Berks County
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Gray still overachieving
If you're going to talk to Aaron Gray just after he completes a pregame workout, it's best to stand a few feet away or bring an umbrella. The sweat was dripping off Gray with the force of the rain falling outside the Wachovia Center on Sunday night as he...Tags: Contracts, Values, Michael Jordan, Aaron Gray, Vinny Del Negro
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Wall Street cloud darkens Lehigh Valley
Of The Morning CallCitigroup: 70,000. Wachovia: 10,000. Merrill Lynch: 5,100. Some of the biggest names in finance have been forced to shed thousands of jobs from their banking, mortgage and brokerage arms amid the economic calamity roiling the world's markets. Even...Tags: Harleysville National Corporation, Financial and Business Services, Consumer Confidence, Commuting, Interior Policy
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Local stocks of interest
Faro Technologies Inc. Friday's close: $14.39, up 24.5% from previous week The Lake Mary-based maker of computerized measurement devices used by manufacturers said last week that its board of directors approved a program to repurchase up to $30...Tags: General Growth Properties Incorporated, Ocoee, Wells Fargo & Co., Lake Mary, Federal Reserve
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Boynton graffiti has anti-capitalistic slant
The Palm Beach PostSomebody is using spray paint to express a political grudge against commerce, police say. Police reported three acts of vandalism found at businesses along Congress Avenue and West Boynton Beach Boulevard. Around 7:30 a.m. Friday, employees at the...Tags: Government, Employees, Police, National Government, Boynton Beach
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Cada vez hay más gente sin trabajo
EL SENTINELEl nivel de desempleo en la Florida ha llegado a 7 por ciento, su nivel más alto en 15 años, informaron las autoridades al tiempo que el presidente George W. Bush anunciaba la extensión de los beneficios de desempleo hasta 13 semanas para aliviar la carga...Tags: George Bush, Tennessee, American Express Company, Coconut Creek, Office Depot Inc.
Dec 3, 2008
|Story| Associated Press
Dec 3, 2008
|Story| Chicago Tribune
Dec 2, 2008
|Story| Associated Press
Dec 2, 2008
|Story| South Florida Sun-Sentinel
Dec 2, 2008
|Story| South Florida Sun-Sentinel
Dec 2, 2008
|Story| Baltimore Sun
Dec 1, 2008
|Story| Allentown Morning Call
Dec 1, 2008
|Column| Allentown Morning Call
Nov 30, 2008
|Story| Allentown Morning Call
Nov 30, 2008
|Story| Orlando Sentinel
Nov 29, 2008
|Story| South Florida Sun-Sentinel
Nov 29, 2008
|Story| South Florida Sun-Sentinel
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