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July 15, 2010 Thursday 5:05 PM EST
LENGTH: 281 words
HEADLINE: Goldman pays $550 mln to settle CDO suit with SEC
Goldman agrees to pay $550 million to settle a civil fraud suit brought by the SEC, tackling a legal problem that had threatened to undermine the investment bankâ€™s client relationships.
Financials pare loss; Goldman’s stock jumps
Shares of U.S. financial companies fall, as investors worry about whether disappointing economic data have confirmed fears that the economy is in for another slowdown — outweighing better-than-expected quarterly earnings from J.P. Morgan.
Investors reserved on J.P. Morgan results
NEW YORK (MarketWatch) — J.P. Morgan Chase & Co. blew away expectations by posting a big $4.8 billion quarter of profits on Thursday. So, where’s the rally?
Broad market concerns weigh on J.P. Morgan shares
Shares of J.P. Morgan Chase slide Thursday as the banks solid second-quarter earnings were eclipsed by concerns over slimmer profits from its investment banking business.
AIG CEO wins power struggle as chairman resigns
American International Group got a new chairman after Harvey Golub abruptly resigned late Wednesday in the wake of a dispute with Chief Executive Robert Benmosche.
In the young but fast-growing market for tablet computers, a market propelled by the force of Apple Inc.â€™s popular iPad, two of the biggest players from the PCâ€™s heyday are mostly standing on the sidelines, writes Therese Poletti.
While more Americans are concerned about their finances now than two years ago, theyâ€™re not flocking to financial planners for help, according to a survey by the Certified Financial Planner Board of Standards, released Tuesday.
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