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Bank of America’s shares fell more than 3 percent in afternoon trading.Bank of America 3Q Earnings Fall 32 Pct on Trading Losses, Loan Writedowns.
Bank of America Corp., the nation’s second-largest bank, said Thursday its profit fell 32 percent in the third quarter as trading losses and write-downs on a wide variety of loans offset solid […]

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LOS ANGELES (AP) — Foreclosure filings across the U.S. nearly doubled last month compared with September 2006, as financially strapped homeowners already behind on mortgage payments defaulted on their loans or came closer to losing their homes to foreclosure, a real estate information company said Thursday.
U.S. Foreclosure Filings Nearly Double in September Over Same Month […]

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Chief Executive Lee Scott said the quarter was seeing an improvment from what he called a “very poor performance” in the second quarter. Wal-Mart cut its profit outlook for the year when it reported second quarter earnings in August, saying that consumer spending has slowed in the U.S. and abroad.
BENTONVILLE, Ark. (AP) — Wal-Mart Stores […]

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WASHINGTON - Five journalists who covered the most tumultuous of 20th century times are being honored by the Postal Service.
 
“These distinguished journalists risked their lives to report the events that shaped the modern world,” said Postmaster General Jack Potter, who announced the stamp series at the Associated Press Managing Editors Meeting in Washington Friday. The […]

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News.Enttwist.com:NEW YORK (Reuters) - Union negotiators for workers at Chrysler LLC have signaled reluctance to tacitly approve a deal that mirrors the tentative one with General Motors Corp (GM.N), the Wall Street Journal said on its Web site, citing people familiar with the negotiations.
United Auto Workers officials on the Chrysler bargaining team met on Sunday […]

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