NEW YORK – Wall Street ended a relatively calm session with a moderate loss yesterday as investors, while happy with the government’s plans to spend $250 billion to buy stock in private banks, decided to cash in profits from the previous day’s massive advance as they refocused their attention on the economy.

Ouanos ’still have unsettled advances’ (Sun Star)
OFFICIALS during his term and family members of former Mandaue City mayor Thadeo Ouano still have cash advances that date back to 2002 and 2006 that are still unliquidated as of Sept. 11, 2008.

Pakistan unveils $3.33b rescue plan (Asia News Network)
In a bid to infuse liquidity into the banking sector to overcome the liquidity crunch, the State Bank of Pakistan (SBP), the country’s central bank, has further reduced the cash reserve requirement (CRR) by 200 basis points (bps) to 6 per cent for all deposits on one year maturity and also fully exempted the time deposits of one year tenor and above from Statutory Liquidity Requirements (SLR) …

Investor’s Corner: Cup With Handle Sets Up Many Big Advances (Investor’s Business Daily via Yahoo! News)
While it’s natural to feel glum when the market is tanking, investors sitting on cash can take encouragement from one fact.

MedSurge Advances to Exhibit at NPI Aesthetic Procedures (PRWeb via Yahoo! News)
MedSurge Advances introduces Lipotherme by Osyris laser assisted lipolysis at National Procedures Institute Charlotte.