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Japan Stocks Fall on Mounting Subprime Concern; Banks Lead Drop (Bloomberg.com)

Story date: 2007-10-16 09:36:12
Added on: 2007-10-16 23:00:49


Oct. 17 (Bloomberg) -- Japanese stocks slipped after Wells Fargo & Co. said it lost almost $900 million on home equity and consumer loans, renewing concern the U.S. subprime mortgage crisis will reduce earnings at financial companies.


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