Most members supported a decision to extend purchases of agency debt and agency mortgage-backed securities through the first quarter of 2010, giving the central bank a longer runway to extricate itself from the program.
Textbook Solutions for iOS includes this search functionality, too, though the new app focuses on problem sets, while Chegg's original, eponymous app lets students read eTextbooks on the go and helps them save money with price comparisons and extended purchase options.
Lucent Technologies, the nation's largest maker of communications equipment, said yesterday that MetroPCS, a wireless carrier based in Dallas, had agreed to extend a purchasing agreement.
THE NEWS Facing Japan's worst recession in decades, the Bank of Japan said it would buy one trillion yen, or $10.7 billion, in corporate bonds and extend its purchases of unsecured short-term notes from corporations.
Observers said the minutes, which do not identify which officials held which views, did not shed much light on whether the Fed would ultimately carry out its plan to buy $600 billion of Treasury securities — or even extend the purchases beyond June, if necessary.
The Fed emphasized that it would extend its purchases of acidic investments from banks, presumably freeing them to lend money to consumers.
Bullish players expecting FedEx to extend gains purchased at least 2,800 now in-the-money calls at the December $90 strike for an average premium of $2.13 a-pop.
They now have new language, tailored to the events in Orlando, to extend a weapons purchase ban for five years after an individual is put on a terrorism suspect list.
But the Federal Reserve decision to extend its asset purchase program by buying about $267 billion in longer-term Treasury securities led analysts to question how much the program, which is intended to drive down long-term interest rates, would help economic growth.
That is, each involves the Fed's authorities to extend credit or purchase securities.
