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Posts Tagged ‘drop’

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Treasury Note Yields Drop Most in 11 Months on Europe, Cooling Inflation
Treasuries gained, pushing 2- and 10-year yields down the most in 11 months, as U.S. inflation cooled, speculation rose that Europe’s debt crisis is worsening and stocks and commodities dropped on a loss of risk appetite.

Read more on Bloomberg

Foster’s to Spin Off Wine Unit as Earnings Drop 12%
Foster’s Group Ltd., Australia’s biggest brewer, will spin off the world’s second-largest wine business as it focuses on reviving beer earnings after first- half profit fell 12 percent.

Read more on BusinessWeek

Euro, Italian Bonds Drop on Contagion Concern as Stocks Rise
The euro weakened for a third day and Italian and Spanish bond yields rose compared with German debt on concern the region’s crisis is worsening. European stocks gained while U.S. index futures declined.

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GLOBAL MARKETS-Stocks drop on Goldman, housing, as bonds gain
* Goldman Sachs’ earnings slide 82 percent in 2nd quarter * Euro reverses after a two-month high against dollar * Two-year Treasury yield hits record low of 0.5764 pct By Jennifer Ablan NEW YORK, July 20 – World stocks slipped and Treasury prices gained on Tuesday after lower-than-estimated revenues at major U.S. companies and a drop in U.S. housing starts intensified worries the economic …

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The Hindu Business Line : Gold may test resistance, drop
Comex gold futures ended sharply higher on Friday as investors sought refuge from financial market uncertainty and currency depreciation ahead of a closely-watched G20 meeting.

Read more on The Hindu