Santa visits Wall St as Merrill deal lifts banks
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Stocks rallied on Monday, led by financial companies, after Merrill Lynch  took steps to shore up its balance sheet with plans to raise up to $6.2 billion and sell a lending unit.
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Stocks rebounded in early trading after Goldman Sachs and Best Buy posted solid profit gains and central banks issued billions of dollars in loans to the worldâs commercial banks.
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It always seems a little premature to talk about the holiday season while the Thanksgiving menu is still in the planning stages, but there&#39;ll be plenty of discussion on Wall Street about December and shopping this week as top retailers report their
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Stocks rose on Thursday as a rebound in global equity markets helped boost investment banks' shares and some U.S. retailers' robust monthly sales allayed worries about the economy's health.
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Stocks rose on Monday, after Merrill  Lynch  said it was getting a big foreign investment and  with investors eyeing retailers as the busy holiday shopping  season draws to a close.
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Wall Street opened higher on Tuesday after Warren Buffett, the billionaire investor, offered to take over $800bn in municipal bonds currently insured by bond insurers Ambac, MBIA (NYSE:MBI) and FGIC.
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The holidays are here, and investors are wondering: Will Santa put some jingle in their pockets this year? So far, so good. Since President George W. Bush&#39;s Nov. 2 reelection, the stock market has roared, sending
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Stocks rose modestly Wednesday but concerns over Wall Streetâs bet on subprime loans have not gone away.
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Stocks climbed  on Friday buoyed by a  brokerage upgrade on semiconductor shares and comments by  Federal Reserve Chairman Alan Greenspan that eased investor  concerns about the record U.S. trade deficit.
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Shares rise as the bank has no new loans problems to report to Wall Street.
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LONDON  - European stock markets closed modestly higher in shortened trading hours after a strong pre-Christmas showing by Wall Street.
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London stocks were higher on Wednesday as banks rallied, with Northern Rock rising strongly after saying it had received a number of unnamed approaches.
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Wall Street hopes its traditional  year-end "Santa rally" will pick up steam this week.
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Merrill Lynch announces better than expected results as investment banking offsets sub-prime mortgage problems.
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US stocks traded higher on Thursday as strong durable goods data and an improvement in consumer sentiment for December signaled economic strength, but trading volumes were light before the Christmas holiday.
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European stocks nudged higher on Wednesday thanks to strong perfomances from the banking sector, while retail stocks continued to outperform in the run up to Christmas.
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U.S. stocks were up slightly on  Thursday in light trading ahead of the Christmas holiday amid a  year-end rally.