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Stocks Bank of America Corp

  • Stocks held onto a nearly 200-point gain Wednesday after the Federal Reserve issued its statement on the economy.

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    More spending, whether it comes from individuals, businesses or the government, helps create jobs and get us out of this recession. It doesn't really matter what that spending is on as long as money circulates.

  • Unlike banks, restaurant companies can't run to Washington for help. So only the sector's strongest will survive this downturn. But then again, isn't that how capitalism is supposed to work?

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    Wall Street has chosen the highly volatile banking industry as its ticket to ride out the recession. Lately, bank stocks and the broader indexes have moved in unison.

  • Stocks shot out of the gate Wednesday as lawmakers prepared to move ahead on an $825 billion economic stimulus plan and banks got a boost from this so-called "bad bank" plan.

  • Futures have been holding impressive gains overnight, on top of a three-day gain, as markets are expecting news on several fronts.

  • Stocks pulled off a gain — barely — as investors cheered earnings surprises from American Express and others amid an underlying buzz of anxiety about the economy.

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    More companies announced layoffs on Tuesday as the employment picture continued to dim.

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    "We don't always know which ones are going to be the amazing turnarounds," says one market pro. "But there's opportunity out there, there's no question about it."

  • Stocks turned flat Tuesday after a report showed consumer confidence continues to fade and an early rally fizzled.

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    New York Attorney General Andrew Cuomo has subpoenaed former Merrill Lynch CEO John Thain over $4 billion in bonuses paid to Merrill executives, sources tell CNBC.

  • Stocks turned flat Tuesday after a report showed consumer confidence continues to fade and an early rally fizzled.

  • As of yesterday afternoon, roughly 18% of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...

  • John Thain

    Former Merrill CEO John Thain told CNBC the huge losses resulted from his predecessor and that Bank of America was aware of them.

  • Former Merrill Lynch CEO John Thain's estimate of losses in early December was only a fraction of the $15.3 billion loss that the brokerage giant later reported, Bank of America senior executives told CNBC.

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    The Dow rose in choppy trade on Monday, with investors shrugging off a grim warning about the year ahead from Caterpillar.

  • Major indexes finished higher after a yo-yo session Monday, with banks ending mixed after several attempts at a rally.

  • Wondering how the market could possibly be trading higher in the face of an incredibly dire warning from Caterpillar and another round of monster job cuts?

  • That is the question this year about Davos. In such troubled economic times, expected participants—from Wall Street To Washington—are dropping like flies.

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    Former Merrill Lynch CEO John Thain told CNBC he was surprised to be let go from Bank of America and said BofA was aware of why Merrill reported a huge loss.