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Stocks end mixed in light trading

February 10th, 2011

Stocks end mixed in light trading - Stocks closed mixed Wednesday after the head of the Federal Reserve said unemployment may remain high for several years. The Dow Jones industrial average eked out its eighth straight day of gains, extending its longest advancing streak in nearly a year. Major...

Credit Suisse 4Q Net Profit Misses Forecasts

February 10th, 2011

Credit Suisse 4Q Net Profit Misses Forecasts - ZURICH (Dow Jones)--Credit Suisse Group (CS) Thursday reduced its dividend and lowered its profit outlook after fourth-quarter net profit missed analyst forecasts on a slow quarter for fixed-income, and as the strong Swiss franc ate into its private...

Europe Stocks Fall for Third Day; Air France, Credit Suisse Drop

February 10th, 2011

Air France, Credit Suisse Drop - Feb. 10 (Bloomberg) -- European stocks declined for a third day amid growing concern that accelerating global inflation will lead to higher borrowing costs. Asian shares and U.S. index futures retreated. Air France-KLM Group tumbled 8.6 percent and Credit Suisse...