Daily Blitz
The following is an excerpt from Reuters.com | February 5, 2013 |
(Reuters) - The government is seeking $5 billion in its civil lawsuit against Standard & Poor's, accusing the ratings service of defrauding investors, in one of the most ambitious cases yet from the Justice Department over conduct tied to ... Read More
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The following is an excerpt from Michael Aneiro | January 28, 2013 | Barrons.com |
The ten-year Treasury yield briefly poked its head above the 2% level for the first time in nine months today (before falling back to 1.965% at last check), and fixed-income analysts are trying to figure out ... Read More
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The following is an excerpt from ANDREW BARY | December 10, 2012 | Barrons.com |
How come we feel so bad when we've got it so good? Even after a 12% gain in the S&P 500 index this year, uncertainty about the fiscal cliff, increased taxes, and still-high unemployment continue to ... Read More
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The following is an excerpt from BRETT ARENDS | December 6, 2012 | Smartmoney.com |
Have investors lost their moorings -- or their minds?
As the economy hurtles towards the "fiscal cliff," the stock market is going up, not down. Standard & Poor's 500 is buoyant and is now within a few ... Read More
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The following is an excerpt from JONATHAN CHENG | December 12, 2012 | WSJ.com |
The Federal Reserve's new stimulus program failed to excite skeptical investors, who bid stocks higher for several hours before erasing those gains to end the day largely unchanged.
The Dow Jones Industrial Average finished with a decline ... Read More
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The following is an excerpt from Rick Rothacker and Jochelle Mendonca | December 11, 2012 | Reuters.com |
(Reuters) - The U.S. Treasury's sale of its remaining stake in American International Group Inc (AIG.N) will leave taxpayers with a profit of nearly $23 billion - more than the next three most ... Read More
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The following is an excerpt from Sam Mamudi | December 10, 2012 | Barrons.com |
One of the anomalies of the past few years has been record corporate profits in the midst of more general economic gloom. But one engine of the boom may have finally sputtered out.
Falling interest rates have ... Read More
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The following is an excerpt from Ryan Vlastelica | December 6, 2012 | Yahoo.com |
NEW YORK (Reuters) - Stocks closed modestly higher on Thursday, a day ahead of the key monthly jobs report, as a rebound in shares of Apple helped boost technology shares.
Traders were reluctant to bet heavily a ... Read More
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The following is an excerpt from the Harvard Business Review | December 6, 2012 | Time.com |
Not all contacts are created equally. When you know someone from more than one context, that person is called a “multiplex tie.” Because these relationships are richer than those rooted in just one setting ... Read More
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The following is an excerpt from CBSNews.com | December 5, 2012 |
NEW YORK Nasdaq on Wednesday blamed "human error" for a delay in the public trading debut of WhiteHorse Finance (WHF).
The exchange rescheduled trading of the company's initial public offering of stock for 3 p.m. (2000 GMT). It was supposed ... Read More
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The following is an excerpt from Noel Randewich | December 4, 2012 | Reuters.com |
(Reuters) - Intel on Tuesday launched a $6 billion debt sale to fund share buybacks and other activities, and the top chipmaker's stock rose more than 2 percent.
Intel was offering the bonds in a range of ... Read More
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The following is an excerpt from Carrick Mollenkamp, Jennifer Ablan and Matthew Goldstein | November 20, 2012 | Reuters.com |
(Reuters) - In late 1996, Marcy Engel, then a lawyer for Wall Street heavyweight Salomon Brothers Inc, fired off a warning letter to U.S. regulators: If they approved a Chicago Mercantile ... Read More
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