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Santander among 28 Spanish banks cut by Moody’s on debt risk
Banco Santander SA and Banco Bilbao Vizcaya Argentaria SA were among 28 Spanish banks downgraded by Moody’s Investors Service, which cited the country’s sovereign debt and rising losses on real estate loans. more
R.I. exports climb 7.4% in April
Exports from Rhode Island increased 7.4 percent in April, following a 19.9 percent decline in March from February’s record high, according to an international trade statistics report from e-forecasting.com more
U.S. stock futures fall on concern Europe’s crisis will worsen
U.S. stock futures retreated, following last week’s decline, on concern a meeting of European leaders will fail to help contain the region’s debt crisis. more
U.S. stocks rise as banks rally after Moody’s downgrades
U.S. stocks rose, after yesterday’s selloff, as the downgrade of global banks by Moody’s Investors Service was followed by rallies in financial shares while the European Central Bank announced changes to its lending program. more
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