Us Stocks Fall Amid Banking Concerns

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Tokyo Based Equity Researcher TCL Associates releases its report on IPOs that they expect to to enter the market the week of August 12th. Companies in a connected with sectors from REIT, reinsurer, and medical services will have their IPO.



Texas oil billionaire T. Boone Pickens, chairman of BP Capital Management, said he has delayed his plan put together the world's largest wind farm blaming financing problems and transmission line limitations.



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The Dow Jones Industrial Average received 14 points on Thursday, closing at 12,285 to enjoy a gain of 12 basis points (0.12 percent). The S&P 500 gained only 1 little basis point (0.01 percent) to stop at 1,314. The Nasdaq Composite lost 5 basis points (0.05 percent) to separate the vacation to 2,760.

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For the large wind farm he decided in Texas, Mr. Pickens/Mesa Power LLP had already ordered 687 large wind generators from General Electric, in order to delivered starting in subsequent year. But transmission lines being built the particular state were unlikely to reach the location he has leased until 2013, so he for you to put the turbines from the mail man. Mr. Pickens had once planned create his own transmission lines, but difficulty in finding financing amid the credit crisis forced him to shelve that plan.

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