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US stocks slip on mixed reports, with utilities skidding

U.S. stocks slipped Tuesday morning as investors continued to sell phone company and utility stocks. Materials companies are the exception, as they’re trading higher as the dollar weakens. Investors are also sifting through reports that showed inflation remained weak in July, but home building and factory production improved. KEEPING SCORE: The Dow Jones industrial average lost 38 points, or 0.2 ...

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Q&A — Credit union feeling shifts in business

By LISA MONTI  Jimmy Smith, president and CEO of Singing River Federal Credit Union since 1993, was elected to the board of directors in 2002 and currently serves as chairman of the Mississippi Credit Union Association. Smith has an MBA from William Carey University and a banking and finance degree from the University of Southern Mississippi. Among his professional affiliations, ...

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Stocks flirt with records as Macy’s soars, oil rebounds

U.S. stocks advanced Thursday as better-than-expected economic data and a rebound in oil prices boosted sentiment among Wall Street investors. Weekly jobless claims pointed to continued low levels of layoffs while both import and export prices inched up despite a decline in fuel costs, suggesting a possible pick up in inflation. The S&P 500 index SPX, +0.20 percent  was up 8 points, or 0.4 percent, ...

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Global stocks ease back after earnings-driven gains

Global stocks mostly fell Wednesday, amid quiet summer trading and questions about the sustainability of some indexes’ rise to record highs. KEEPING SCORE: Britain’s FTSE 100 was down 0.2 percent at 6,836 while France’s CAC 40 dipped 0.3 percent to 4,454. Germany’s DAX fell 0.5 percent to 10,642. Futures augured a lukewarm opening on Wall Streets. Dow futures were flat ...

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US stocks turn mixed in afternoon trading as oil slides

U.S. stock indexes wavered between small gains and losses in afternoon trading Tuesday, reversing some of Monday’s gains. Energy stocks weighed on the market as the price of crude oil veered lower. Health care, technology and consumer-focused companies were among the gainers. KEEPING SCORE: The Dow Jones industrial average slid 17 points to 18,512 as of 2:36 p.m. Eastern time. ...

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Metropolitan adds group to help developers move to permanent loans

By TED CARTER Ridgeland’s 9-year-old Metropolitan Bank is adding to its niche specialty in commercial lending with creation of a division designed to help developers transition from short-term to long-term loans. Metropolitan Capital Advisors, the bank’s new business advisory group, provides a new tier of specialized advisory services to both bank and non-bank clients involved in construction and development projects, said ...

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Markets Right Now: Stocks close flat

Stocks are ending nearly flat on Wall Street as the market continues the small moves it’s made in the last few weeks. The Dow Jones industrial average dipped 3 points to 18,352. The Standard & Poor’s 500 index was nearly unchanged at 2,164. The Nasdaq composite rose 7 points, or 0.1 percent, to 5,166. Container makers were some of the ...

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