Us Stocks Fall Amid Banking Concerns

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(Reuters) - Visa Inc's quarterly profit rose by 40 percent, and by far the largest payment processor said it would introduce a new fee structure for U.S. merchants.



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"Over launched there will be going to trillions of dollars value of stock which will not exist anymore and cash will need to go somewhere. It will now go in the remaining stocks," Michael Williams managing director of Beamreach Trust in New York, was quoted by Bloomberg.

On the additional hand, what might happen whenever a multi-billion dollar institution thought to buy shares of Microsof company? It could a new million or more shares everyday - about $23 million worth - without disturbing the market much.

Pickens said he think the postponed project is a setback for that wind industry because all sectors are receiving trouble finding financial backers in this economic situation.

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