Us Stocks Fall Amid Banking Concerns

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NEW YORK (TheStreet) -- Takeaway food chain McDonald's (MCD_) reported comparable-sales growth of 3.1% in Is going to. U.S. and Europe comparable sales were up one or two.4% and 2.3%, respectively. Same-store sales rose 4.3% on the Asia/Pacific, Middle East and African countries.

Pickens said he would not think the postponed project is a setback for that wind industry because all sectors are having trouble finding financial backers in this economic temperature.

"Inflation causes reduced consumer spending, it squeezes profits. The market has been making new treble. It can't go up forever," John Kornitzer of Kornitzer Capital Management in Shawnee Mission, Kansas, told Bloomberg.



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However in 1998, LTC lost $4.6 billion in four months when Russia defaulted on its solutions. Long Term Capital consisted of John Meriweather, the previous vice-chairman and head of bond trading at Salomon Brothers. Board of director members included Myron Scholes and Robert C. Merton, who shared the 1997 Nobel Prize in Business 101. The most brilliant economic minds failed because they did not properly afford the risk that business presents. Yes, even a country defaulting on its sovereign debt may occur.

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The following companies get playing "beat the number" on Friday, with the making of their quarterly earnings reports: Bank of America (BAC), Knoll (KNL), Mattel (MAT) and Webster Financial (WBS). Good luck!

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