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Lynchburg-based bank now on Wall Street
A hometown financial center can now be found on Wall Street.
Lynchburg's Bank of the James is now listed on the NasDaq Stock Exchange. The announcement was made Wednesday morning.
The bank's president says this move will help increase investor...Tags: Financial Markets, Lynchburg (Lynchburg, Virginia), Stock Market
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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: Disasters, Banking, Wells Fargo & Co., Real Estate, Bank of America Corp.
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GLOBAL MARKETS-US dollar soars, stocks set new highs on Fed QE exit talk
Reuters* Fed's Williams says stimulus reduction could start this summer * U.S. consumer sentiment rises to nearly six-year high * U.S. dollar index hits nearly three-year high * Dow, S&P 500 surge to record closing highs By Herbert Lash NEW YORK, May 17...Tags: Financial Markets, Consumers, European Central Bank, Foreign Exchange Market, NASDAQ
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Dollar soars, stocks set new highs on Fed stimulus exit talk
ReutersNEW YORK (Reuters) - The U.S. dollar soared against major currencies on Friday on growing speculation that the Federal Reserve could soon begin to rein in its bond-buying program and after data showed U.S. consumer sentiment hit an almost six-year high in...Tags: UPS Inc., Shanghai (China), Taiwan, Nicos Anastasiades, Finland
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GLOBAL MARKETS-Dollar soars, stocks gain amid talk of Fed QE exit
Reuters* Fed's Williams says stimulus reduction could start this summer * U.S. consumer sentiment rises to nearly six-year high * U.S. dollar index hits nearly three-year high * U.S. Treasuries prices fall further after sentiment data By Herbert Lash NEW YORK,...Tags: Financial Markets, Consumers, European Central Bank, Foreign Exchange Market, Gold and Precious Material
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US STOCKS SNAPSHOT-S&P up 1 pct as rally pushes forward
ReutersNEW YORK, May 17 (Reuters) - U.S. stocks extended gains in late trading on Friday, with the S&P 500 up 1 percent and at a fresh record high, led by growth sectors after upbeat data encouraged investors. The Dow Jones industrial average rose 122.67 points...Tags: Financial Markets, Stock Market, Nasdaq Composite, S&P 500
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US STOCKS SNAPSHOT-Dow, S&P end at records in Wall St's 4th week of gains
ReutersNEW YORK, May 17 (Reuters) - U.S. stocks continued their climb into uncharted territory on Friday, racking up the fourth week of gains in a row as encouraging economic data prompted investors to pick up shares of growth companies. Both the Dow and the S&P...Tags: Financial Markets, NASDAQ, Stock Market, Bank of America Corp., S&P 500
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US STOCKS SNAPSHOT-Wall St opens up in rebound from recent drop
ReutersNEW YORK, May 17 (Reuters) - U.S. stocks opened higher on Friday and were on track for their fourth straight week of gains as equities rebounded off their worst daily decline in nearly three weeks. The Dow Jones industrial average was up 40.51 points, or...Tags: Financial Markets, Stock Market, Nasdaq Composite, S&P 500
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US STOCKS SNAPSHOT-Data lifts Wall St to session high
ReutersNEW YORK, May 17 (Reuters) - U.S. stocks hit session highs in morning trading on Friday after a gauge of future U.S. economic activity rose to its highest level in nearly five years. The Dow Jones industrial average rose 64.81 points or 0.43 percent,...Tags: Financial Markets, Stock Market, Nasdaq Composite, S&P 500
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GLOBAL MARKETS-Dollar slips on weak U.S. data, stocks flat
Reuters* Dollar retreats from gains against euro and yen * Equity markets decline on soft housing, labor market data * Bond prices rise on data, Brent oil edges higher By Herbert Lash NEW YORK, May 16 (Reuters) - Global equity markets traded slightly lower and...Tags: Financial Markets, Money and Monetary Policy, NASDAQ, Foreign Exchange Market, Unemployment Benefits
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US STOCKS SNAPSHOT - Wall St adds to losses after Fed official comments
ReutersNEW YORK, May 16 (Reuters) - U.S. stocks added to declines late in the session on Thursday after a Federal Reserve official's comments that the central bank could begin dialing back its bond-buying program as early as this summer. John Williams,...Tags: Financial Markets, Stock Market, Nasdaq Composite, S&P 500, Central Bank
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US STOCKS SNAPSHOT-Wall St ends lower after Fed official's comments
ReutersNEW YORK, May 16 (Reuters) - U.S. stocks ended lower on Thursday, with declines picking up steam late in the day after a Federal Reserve official said the central bank could begin easing up on its monetary stimulus this summer. Based on the latest...Tags: Financial Markets, Johnson & Johnson Inc., Nasdaq Composite, S&P 500, Coca-Cola Co.
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Mar 23, 2011
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