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Bank of America sends strong message on Lockheed Martin stock

Toward the end of the week that ended on April 25, I covered a piece on Lockheed Martin CEO Jim Taiclet, calling the current defense environment a “golden opportunity,” and a rare moment of unguarded enthusiasm from the leader of the world’s largest defense contractor. The market, apparently, needed more convincing. Lockheed Martin (LMT) shares

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Equifax flagged a new type of fraud that’s slipping past every lender

Equifax recently outlined how fabricated identities, stitched together from fragments of real and fictitious personal data, are gaming the lending system at a scale that traditional verification processes were never designed to handle.  That exploitation raises costs for lenders, tightens credit standards for legitimate borrowers, and could ultimately affect the rates and terms you see

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Home Depot partner and rival closes, files Chapter 7 bankruptcy

An ongoing housing slump and consumers’ reluctance to spend in an uncertain economic environment have impacted sales at home improvement stores, forcing retailers to close down operations and, in some cases, file for bankruptcy protection. Economic conditions have affected industry leader Home Depot as the home improvement giant’s sales declined by 3.8% in its fourth

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