Euro-Area Speeds up Spanish Bank Aid With $37B

July 10 (Bloomberg) -- Bloomberg's Mike McKee reports that European governments will jump-start as much as $123 billion in emergency loans to shore up Spain’s banks and may move the costs off the Spanish government’s balance sheet to shield the euro region’s fourth-largest economy from the debt crisis.
Equity Valuations Lofty, Earnings Lousy: Morganlander
08:42 - Stifel Nicolaus' Chad Morganlander and Bloomberg's Michael Regan discuss the global selloff in stocks with Bloomberg's Pimm Fox on "Taking Stock." (Source: Bloomberg)
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