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Monday, Nov 2, 2009 @06:07am CST If you're keeping on top of the stock markets this morning...Monday, November 2, 2009.... The Nikkei dipped 231 points today. The Dow plunged 249 points Friday. And the Nasdaq slid 52. C-I-T Group has filed for Chapter 11 bankruptcy protection. The company loans money to thousands of small- and medium-sized businesses. In papers filed Sunday with the U.S. Bankruptcy Court, the company claims debts of $65-billion. The company's CEO says the bankruptcy filing will allow C-I-T to continue providing funding to small businesses. Starbucks is brewing customer loyalty to spike sales. The coffee chain announced a new card incentive, "My Starbucks Rewards". Customers will have more perks that increase with the frequency of visits. The plan includes a complimentary cup of coffee on the card holders' birthday. Free refills, flavor shots and soy milk selections will also be included. Starbucks had a first-quarter sales growth of 17-percent - but it's the lowest gain in two years. |