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In the news
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Chrysler to cut models and dealerships
(Reuters)
 Reuters - U.S. automaker Chrysler LLC
plans to shrink its dealer network and cut some vehicles that
compete with its each other for customers to become a smaller,
profitable company, an executive said on Friday.
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Protect Family Records from Natural Disasters with FamilyKeys Software Suite
With natural disasters such as the recent tornadoes in the Southern states, the October 2007 California wildfires, and Hurricane Katrina still fresh in most people's minds, the thought of losing everything is hard to imagine. In the event of a natural disaster, every important document needed to rebuild a family's life can now be safely recorded on the hard drive of their computer with the easy-to-use FamilyKeys Software Suite. (PRWeb Feb 8, 2008)
Read the full story at http://ww1.prweb.com/releases/2008/02/prweb685763.htm
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G7 leaders vow cooperation as global econ worries rise
(Reuters)
 Reuters - Finance leaders from the world's richest
nations pledged on Saturday to work together to stabilize world
financial markets shaken by the U.S. housing debacle that is
puncturing global economic growth.
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Euro still too high: EU's Almunia
(AFP)
 AFP - The euro is still above its fair value, EU economic and monetary affairs commissioner Joaquin Almunia said Saturday.
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Leading Finance Officers to Headline CFO Green Conference
CFO Conferences has announced the speaker and topic line-up for The CFO Green Conference, a new event on environmental issues and strategies as they affect corporations. The conference is scheduled for March 26, 2008, at Intercontinental The Barclay New York hotel in New York City. Costs, regulations, and stakeholder expectations will be addressed. (PRWeb Feb 8, 2008)
Read the full story at http://ww1.prweb.com/releases/2008/02/prweb682403.htm
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Correction: 'Wachovia's goodwill'
On Friday, Fortune published a story on CNNMoney.com about Wachovia Corp. that made several assumptions about Wachovia's balance sheet to argue that the bank might need to raise further capital in the near future. Upon review, editors have discovered errors of fact and interpretation in the article ('Why Wachovia's goodwill is bad') that don't support that premise, specifically:
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Economy - Friday
(Investor's Business Daily)
Investor's Business Daily - The greenback edged lower Fri. but was still on track for the biggest weekly rise since June '06 as investors increasingly expect the U.S. growth slowdown to drag on other economies. The euro fell 2.91 cents to $1.4505 for the week as gloomy economic data and comments from the European Central Bank President Jean-Claude Trichet boosted expectations for rate cuts later this year. The dollar rose 0.70 yen to 107.32 vs. the yen for the week.
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Coldwell Banker's Bandak Moves to Mission Valley Office
George Bandak, a broker associate for Coldwell Banker Residential Brokerage, moves to a new office in Mission Valley. This move proves to be a step forward for Bandak as he centralizes himself to serve the San Diego area more consistently. (PRWeb Feb 8, 2008)
Read the full story at http://ww1.prweb.com/releases/2008/02/prweb682033.htm
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IBD's Top 10 - Friday
(Investor's Business Daily)
Investor's Business Daily - 1 The U.S. has entered a recession that'll be deeper and longer than recent slumps, said Richard Curtin, head of the Reuters/Univ. of Mich. consumer sentiment survey. Other economists aren't so sure. Several fed officials have said recession risks have risen, but it's not a done deal. The ECRI leading U.S. index's growth rate fell to -7.9%, the worst since the '01 recession.
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Equipment Finance Corporation Celebrates Tenth Year in Business
Priority Leasing, Inc. is celebrating their tenth year as an equipment financing business. The company has worked with thousands of businesses across the country, financing equipment for businesses. (PRWeb Feb 8, 2008)
Read the full story at http://ww1.prweb.com/releases/2008/02/prweb682083.htm
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