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Mounting job losses

The following companies have announced job cuts since the start of 2010.

Note: Some figures are approximations from percentages of labor force, with total labor force estimations obtained from recent 10K filings.

Company Number of cuts Date Industry
Disney 80 1/28/2010 Media
Home Depot 1000 1/26/2010 Retail
Verizon 13,000 1/26/2010 Telecommunications
Comerica 300 1/21/2010 Financial
UPS 1800 1/8/2010 Transportation
Total: 16,180    

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Overnight avgs
30 yr fixed mtg4.50%
15 yr fixed mtg3.92%
30 yr fixed jumbo mtg5.37%
5/1 ARM3.37%
5/1 jumbo ARM3.95%

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Markets Last Change % Change
Dow 10,340.69 -107.24 -1.03%
Nasdaq 2,208.89 -24.86 -1.11%
S&P 500 1,091.84 -12.67 -1.15%
Treasurys 2.61 -0.10 -3.58%
U.S. Dollar 1.27 0.00 0.25%
Data as of 7:48am ET
Company Price Change % Change
Citigroup Inc 3.83 -0.08 -2.05%
Bank of America Corp... 13.21 -0.29 -2.15%
Oracle Corp 24.26 1.35 5.89%
Cisco Systems Inc 20.58 -0.46 -2.19%
Intel Corp 18.12 -0.31 -1.68%
Data as of Sep 7

Sections

BP is expected to release a report Wednesday on its internal investigation into the Gulf oil disaster. More

President Obama's latest package of job-boosting ideas, touts something for everybody. But it has yet to win support from anyone outside the usual Democratic stalwarts. More

Hewlett-Packard is suing Mark Hurd, its former chief executive who left last month amid sexual harassment claims, to block him from joining Oracle as co-president. More

A former Ford engineer teams up with an Italian auto parts supplier to clean up motorcycle emissions in Asia. More

The state university system agrees to abide by reforms developed by the New York Attorney General. More

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