super committee

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Courtney Raio
21 Nov, 2011 | 05:44 PM
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Markets closed lower as debt concerns both domestically and abroad weighed on investors today.  The expected announcement that super committee could not reach a deal to cut the U.S. deficit and Moody’s warning that its outlook for France’s credit rating could be in doubt sent the Dow over 2% lower.  The silver lining to today’s red cloud is that markets finished well off their lows, the Dow was down as much as 342 points, following a statement from Sen. Max Baucus saying the committee was looking at a new idea. ...
Parasnand Madho
21 Nov, 2011 | 08:59 AM
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Ahead of the Bell: Dow futures are trading down 167 points and S&P futures are trading down 19 points after reports suggest the Congressional "super committee" is set to report they have failed to reach an agreement between the 12-member bipartisan group on their attempts to find a minimum of $1.2 trillion in savings over the next 10 years.  Moody's Investor Services is warning, France is adding to the worries of the EU debt crisis.  Spain's new Prime Minister, Mariano Rejoy is under pressure to give details of a plan to solve his nations debt crisis.< ...
Parasnand Madho
11 Nov, 2011 | 05:11 PM
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The full announcement schedule for the week of November 14th  is as follows: ...