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Stocks Bank of America Corp

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    Another round of layoffs was announced by big-name companies Monday, adding to the gloom over rising unemployment.

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    This year, politicians, not corporate titans, are poised to be the big draw, echoing the broader power shift away from the free market as one government after another tries to prop up its sinking economy.

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    Merrill Lynch's former CEO John Thain sent a memo to Merrill Lynch employees. The full text of the memo follows:

  • These two guys got away with murder, but no one seems to care.

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    Stocks fell on Friday, pressured by weak corporate earnings and concerns about the outlook for the rest of the year.

  • Stocks ended a topsy-turvy week mixed as techs and banks rallied but about half of the Dow finished the day in negative territory.

  • Bank of America chief Kenneth Lewis already is dead—he just doesn’t know it yet.

  • U.S. stocks fell sharply Friday as worries about earnings continued to rattle the market.

  • U.S. stocks fell sharply Friday as worries about earnings continued to rattle the market.

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    Wall Street and Washington now favor a government-run entity to buy troubled assets from banks and other struggling financial firms.

  • U.S. stock index futures pointed to a lower open Friday, following on from weakness in the previous session.

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    Considering there are so many challenges facing the financials, are any poised to profit?

  • The stock market, easily swayed by earnings news, has its sights set on General Electric Friday. GE releases its earnings and plans a conference call with analysts ahead of the market open.

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    When John Thain became Merrill Lynch’s CEO in early 2008, he hired Michael S. Smith Design to revamp his office suite, spending approximately $1.22 million.

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    Buried deep inside every trader is a treasure hunter on a quest to uncover the holy grail of hidden returns. And Karen Finerman’s got your map!

  • Yesterday Toll Brothers said they would offer 3.99 percent 30-year mortgages, a full 1.25 points below the current rate. Now Chrysler is expected to announce a new round of incentives.

  • Stocks retreated Thursday as Microsoft layoffs and bank worries overshadowed hope for economic stimulus.

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    Despite a seemingly never-ending stream of bad news about big losses, top banking experts say the industry as a whole is safe. So why are so many people panicking?

  • Stocks retreated from Wednesday's big rally after Microsoft delivered a round of bad news and economic reports reflected a steepening recession.

  • Anton Schutz thinks banks have been getting a bad rap. "We think that this group has been so battered, if you look at the technical indications, coming out of earnings reports every one of the last five quarters, you've seen this group bounce dramatically," the portfolio manager for Mendon Capital and Burnham Asset Management told CNBC.