Stocks fall for 3rd day as dollar strengthens
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AP
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1 hour, 0 minutes ago
Investors can't shake their fears that the economy isn't keeping up with the stock market. Stocks fell for a third straight day Friday as a disappointing outlook from computer maker Dell Inc. suggested that an economic recovery could be uneven.
D.R. Horton sees 26 perecent spike in 4Q orders
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AP
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1 hour, 59 minutes ago
Homebuilder D.R. Horton Inc., saw new home orders spike 26 percent from a year ago in the latest quarter as buyers raced to close deals and take advantage of a federal tax credit. But a wider-than-anticipated loss fueled by write-downs sent shares tumbling more than 15 percent Friday.
Americans save more but earn less as rates fall
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AP
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1 hour, 14 minutes ago
The U.S. is finally becoming a nation of savers. Now if only we could get something for our money. Interest rates are sinking to near zero for the first time since last year's financial meltdown, dampening spending as Americans earn less on their bank deposits and investment accounts.
Small Florida bank shuttered, 124th this year
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AP
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1 hour, 6 minutes ago
Florida banking regulators on Friday shut down Commerce Bank of Southwest Florida, marking the 124th U.S. bank to succumb this year to the struggling economy and rising loan defaults.
J.M. Smucker 2nd-quarter profit soars on coffee
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AP
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1 hour, 41 minutes ago
J.M. Smucker Co. nearly tripled its profit in the second quarter as the addition of Folgers coffee gave a jolt to its lineup and lower commodity prices for coffee beans and other items fattened its profit margins.
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