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    Last update: December 22, 2009

    +FOMC's next rate moves to hinge on economy, minutes show
      WASHINGTON (MarketWatch) -- With the economic outlook uncertain in the wake of the market's turmoil, Federal Reserve officials unanimously agreed last month that a half-point rate cut was prudent, but said only that future actions would hinge on how the economy fared in coming weeks, according to a summary of the Sept. 18 meeting released Tuesday.

    +Sallie Mae files suit to block buyers from walking away
      SAN FRANCISCO (MarketWatch) -- The multibillion-dollar buyout of education lender SLM Corp., the parent of Sallie Mae, is going to court.

    +Miller and Coors to combine U.S. operations
      CHICAGO (MarketWatch) -- SABMiller PLC and Molson Coors Brewing Co. plan to combine their U.S. and Puerto Rico operations in an attempt to bolster their sagging fortunes in a tough domestic market.

    +Yellen keeping an open mind on future rate moves
      WASHINGTON (MarketWatch) -- The president of the San Francisco Federal Reserve, Janet Yellen, said Tuesday she was keeping an open mind about the future course of monetary policy and the economy.

    +EU finance ministers take aim at China's exchange rate policies
      SAN FRANCISCO (MarketWatch) -- Until now, the European Union has let Washington do most of the talking when it came to China's currency exchange rate policies.

    +Retail shares inch down on September sales worry
      NEW YORK (MarketWatch) -- Retail shares edged down Tuesday amid concernsthat warm weather and economic worries may have dented retailers' September sales.

    +U.S. stocks close with new records on Fed words
      NEW YORK (MarketWatch) -- U.S. stocks climbed, with the Dow Jones Industrial Average and the S&P 500 both closing at new highs, after the release of Federal Reserve commentary cemented thinking of another interest-rate cut ahead.

    +Tuesday's biggest gaining and declining stocks
      SAN FRANCISCO (MarketWatch) -- Shares of the following companies were among those making 5% or more percentage moves in the U.S. stock market Tuesday.

    +Treasurys lose gains after Fed minutes
      NEW YORK (MarketWatch) -- Treasurys fell back slightly in afternoon trade, sending yields higher, after the release of the Federal Reserve's September 18 meeting, when central bankers cut interest rates by a bigger-than-expected 50 basis points.

    +Next Sprint CEO faces daunting task
      WASHINGTON (MarketWatch) -- For the next boss of Sprint Nextel Corp., customer service will be top priority.

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