While you were sleeping Fed bolsters hope for help

Wed, 22 Aug 2012

By Margreet Dietz Aug 23 (BusinessDesk) - Wall Street recovered from earlier losses amid indications US Federal Reserve policy makers are leaning towards injecting a boost of energy into the languishing economy "fairly soon". It can't come soon enough for some companies. Signs of struggle were evident in the latest American corporate results. Shares of Dell dropped more than 6 percent after it lowered its full-year profit forecast as sales of personal computers continued to deteriorate. "People had already expected them to take down numbers,...

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