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A new report from Morgan Stanley warns that used-car values could fall by 25% to 50% in the next four to five years.
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SOUTH PORTLAND, ME - Wright Express Corporation has entered into a definitive share purchase agreement to acquire the Australian assets of Retail Decisions for approximately $318 million.
Read More →Goldman Sachs was the first to forecast a $100-plus-per-barrel crude oil price when the bank issued a research report last November, which called for a $110-per-barrel average price for West Texas Intermediate (WTI) crude in 2011. Morgan Stanley released a similar report in January and targets $95-per-barrel of WTI futures by December 2010, with an average price of $100 per barrel in 2011.
Read More →KUALA LUMPUR, Malaysia --- The global head of commodities research at Goldman Sachs predicted on Monday that oil prices will likely reach $150 a barrel this summer, with tighter supplies outweighing weakening demand, Reuters reported.
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