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Appalachian Power asks for higher rates; Utility seeks 9.6% increase
Appalachian Power today asked to increase the base rate charged to customers. The utility filed a rate review and increase request with the State Corporation Commission for an overall increase of 9.6% that would take effect early in 2012.
The utility...Tags: Trials, Finance, Electricity Production and Distribution, Ohio, Coal
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Stocks struggle for a second day as oil prices jump and BofA's dividend request is rejected
AP Business WriterNEW YORK (AP) — Stocks turned mixed Wednesday after the Federal Reserve rejected Bank of America's plan to increase its dividend and the Japanese government said that the recent earthquake and tsunami will be the most expensive natural disaster in...Tags: Federal Reserve, Finance, IBM, Stock Activities, Wells Fargo & Co.
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Homeowners still underwater as aid runs out
Orlando resident Jose Polanco considered himself lucky when he was one of the few chosen to receive mortgage assistance from Florida's billion-dollar Hardest Hit Fund. The unemployed computer-repair technician said he is thankful the program recently...
Tags: Inventories, Finance, Mortgages, Orlando, Financial and Business Services
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New York claims more proof of bank mortgage abuses
ReutersNEW YORK (Reuters) - New York Attorney General Eric Schneiderman said there is mounting evidence that Bank of America Corp , Wells Fargo and Co and other banks violated the terms of a settlement designed to end mortgage servicing abuses. Schneiderman -...Tags: Citigroup Incorporated, Trials, Justice System, Crime, Law and Justice, Mortgages
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U.S. dollar marks worst week versus yen in a year
ReutersNEW YORK (Reuters) - The dollar posted its worst week against the yen in a year on Friday as volatility in stocks and uncertainty about the outlook for U.S. monetary policy spurred investors to pare back bets against the Japanese currency. Some...Tags: Employment Opportunities, Enrico Letta, Italy, Bank of New York Company, Mario Draghi
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U.S. loan funds gain $1.2 billion as Fed sparks fears of rising rates
ReutersNEW YORK (Reuters) - Investors worldwide poured $1.2 billion into corporate loan funds based in the United States in the latest week as signs the Federal Reserve could scale back on stimulus sparked fears of rising U.S. interest rates, according to Bank...Tags: Federal Reserve, Finance, Mutual Funds, Labor Markets, Central Bank
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EXCLUSIVA-Fiscal Nueva York dice hay pruebas de que bancos violaron acuerdo hipotecario
ReutersPor Karen Freifeld NUEVA YORK, 24 mayo (Reuters) - El fiscal general de Nueva York, Eric Schneiderman, dijo que está reuniendo pruebas de que Bank of America Corp, Wells Fargo and Co y otros bancos violaron los términos de un acuerdo diseñado para...Tags: Citigroup Incorporated, JPMorgan Chase & Co., Wells Fargo & Co., Banking
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MOVES-Bank of America Merrill Lynch
ReutersMay 24 (Reuters) - The following financial services industry appointment was announced on Friday. To inform us of other job changes, email to moves@thomsonreuters.com. BANK OF AMERICA MERRILL LYNCH The investment manager appointed Tracy Caliendo as...Tags: Mutual Funds, Goldman Sachs Group, Inc., Banking
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Property transfers for May 26, 2013
BOYLE Deeds filed recently in the office of Boyle County Clerk Trille Bottom include: Kenneth J. Kirilenko to Cherryl K. Kirilenko, property on Lannock Place, property settlement; fair cash value not listed. Timothy M. and Bonnie F. Middleton to Chad...
Tags: Mortgages, Physical Therapy, Insurance, Health Treatments, Federal National Mortgage Association
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FUTBOL-El Manchester United se refinancia para reducir el pago de intereses
ReutersLONDRES (Reuters) - El campeón del fútbol inglés Manchester United recortó 10 millones de libras (unos 15 millones de dólares) al año en intereses que paga por su deuda tras una refinanciación acordada con Bank of America. El movimiento podrÃa...Tags: Banking
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U.S. muni bond sales to total $4 billion next week
ReutersNEW YORK, May 24 (Reuters) - U.S. municipal bond sales are expected to fall to $4 billion next week, shortened for Monday's Memorial Day holiday, from this week's revised $5.2 billion, according to Thomson Reuters estimates released on Friday....Tags: Memorial Day, Economic Stimulus Plan, Bonds, Thomson Corporation, Metropolitan Transportation Authority
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Rosy China growth forecasts fade on further signs of slowdown
ReutersBEIJING (Reuters) - As evidence mounts that China's economy is losing momentum, economists are fast abandoning their rosy recovery forecasts and bracing for what could be the country's slowest growth rate in 23 years. In the space of five months,...Tags: Finance, Elections, Government, ING Group, Weather
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