Moneycation: Financial news: 11/20/2012

? AP:? Banks used short sales to issue $13.1 bln of debt relief
? CNBC: Jobless rate of 10% possible via Fiscal Cliff per Fitch
? Bloomberg: Special corporate dividends surge ahead of tax change
? MN: Half of biggest companies to cut spending per WSJ
? Reuters: Nasdaq CEO implies Congress' gridlock is dysfunctional
? CNN: Republicans to seek spending cuts after debt ceiling breach
? NAR: October existing home sales rose 2.1% to 4.79 million
? Fox: Oil prices rose 2% on demand prospects & mid-east turmoil
? Business Insider: Iraqi oil production to reach 3-6 mb/d by 2020
? Moody's: French bond rating downgraded to Aa1 from Aaa
? BBC: Delinquent debt at Spanish banks ? to 10.7% in Sept.

Source: http://moneycation.blogspot.com/2012/11/financial-news-11202012.html

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