Invisalign X-Rays by Dr. Tommy Dorsey
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From, This is the financial news network. Here’s what’s in the news for Wednesday October 24, 2012. The nation’s two largest stock exchanges are facing a backlash by mutual funds and securities regulators for offering trading tools that could harm institutional investors. Now, NYSE Euronext (NYSE:NYX), owner of the New York Stock Exchange, intends to ask regulators to let it alter the order type that critics say could benefit high-speed trading firms, according to exchange officials. Reuters reports the Fed appears intent to stick to its bond-buying stimulus, having already indicated it would take more than a modest show of economic strength for policymakers to begin taking their foot off the gas. Analysts now believe the central bank will wait until at least December to make any changes to its current plans to buy B of mortgage debt per month. Reuters also reports KKR & Co. (NYSE:KKR), Apax Partners and Madison Dearborn Partners are bidding for Heartland Dental Care, one of the largest US dental practice management companies, worth about .3B, sources say. Finally, Bloomberg reports oil pared gains in New York after a decline in manufacturing data from Germany signalled the region’s debt woes may be far from over. US crude was 0.2% higher after falling as much as 0.5% when Markit Economics reported that the German purchasing managers’ index for manufacturing showed 45.7 for October, down from 47.4 in September. Business confidence in Germany slumped to a 32
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