Peggy Curtis spent Thanksgiving week out of work, the first layoff in her 37 years making cigarettes in a Reidsville, North Carolina, factory. Instead of moping, she went shopping for holiday decorations at Home Depot Inc.
National Australia Bank Ltd. had its stock rating cut to “underweight from ‘‘overweight’’ by analysts led by Scott Manning at JPMorgan Chase & Co.
"The potential collateral pool for the Australian major banks from a 10 percent depreciation in the Australian dollar may be as much as A $30 billion."
- Scott Manning on Jul 10, 2013