Michigan markets - News
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Investors may benefit from state auction-rate securities deal - Detroit Free Press Investors may benefit from state auction-rate securities deal 2009 Some well-to-do investors and small business owners could qualify for a settlement relating to auction-rate securities that were sold through Citigroup Global Markets Inc. and Wachovia Capital Markets. The Michigan Office of Financial and State collects $2.3 million in fines from Citigroup and Wachovia Ariz. regulators order Citigroup to pay $455128 Citigroup Global fined $455128 by ACC |
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Sense and Sensibility Rule Markets Surveys from the Conference Board, the University of Michigan and the Royal Bank of Canada all point to a pickup in consumer confidence since stocks began moving higher -- something that often comes ahead of stronger consumer spending. |
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Moody’s cuts Fifth Third ratings - Bizjournals.com Moody’s cuts Fifth Third ratingsMoody’s also lowered the long-term debt and deposit ratings for the bank’s Ohio and Michigan units to “A2” from “A1.” “Fifth Third operates in challenging Midwest markets, including Ohio and Michigan, and it also expanded its exposure to the troubled Fifth Third Hit by Moody's Downgrade |
Battery projects could recharge Detroit 3 - Detroit Free Press
My TV20 DetroitBattery projects could recharge Detroit 3Jennifer Granholm said Tuesday the decision by four companies to build advanced automotive batteries in Michigan will lift the state's sinking auto industry back to world prominence -- worth the $543 million in tax incentives the companies get. Mich. to announce tax breaks for battery makers Granholm: Projects Creating Over 6600 New Jobs Are Result of
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Battery maker getting $69M to expand - Oakland Press Battery maker getting $69M to expandIn addition, the state of Michigan is prepared to provide A123 tax credits worth $100 million to build a new battery plant in Michigan. “Today is truly a milestone for A123Systems, the state of Michigan and everyone interested in creating new markets |
