NEW YORK - New York Attorney General Andrew Cuomo said regulators have reached settlements with Merrill Lynch & Co. (MERPO.
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Wall Street ended mixed Thursday after investors largely shrugged off a jump in oil prices and focused instead on a bullish analyst call on Lehman Brothers Holdings Inc. that eased worries about the financial sector.
Stocks fluctuated Thursday as a surge in oil prices fanned investors' growing inflation concerns. But a rebound in shares of mortgage companies Fannie Mae and Freddie Mac (FRE.
Oil prices shot up more than $5 a barrel Thursday, rising to the highest level in over two weeks as escalating tensions with Russia stoked fears of supply disruptions to the West.
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