Wall Street cheered a string of better than expected earnings and a rise in reported capital spending on Wednesday, propelling the Dow Jones Industrial Average through the 13,000 threshold for the first time. via Financial Times
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Federal authorities have charged an Iowa machinist with sending dud pipe bombs and threatening letters to investment companies in Denver and Kansas City. via WISN
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Every newspaper in the world that runs financial data listings has been rethinking what to run. via The Globe and Mail
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Bondholders could be under water by the billions in the subprime meltdown according to Pacific Investment Management: They will lose as much as $75 billion on securities made up of millions of mortgages to … via Wall Street Folly
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