Daily Blitz
The following is an excerpt from Lu Wang | March 2, 2013 | Bloomberg.com |
U.S. stocks rose for the week, sending the Dow Jones Industrial Average to the highest level since 2007, as better-than-estimated economic data overshadowed concern over federal spending cuts and Italian elections.
An index of homebuilders climbed 1.5 ... Read More
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The following is an excerpt from KOPIN TAN | February 16, 2013 | Barrons.com |
If a bargain is something you don't need at a price you can't resist, then buyout firms' circling of Nasdaq suggests one thing: The exchange operator's price tag is tempting.
The Carlyle Group —whose shares (ticker: CG) ... Read More
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The following is an excerpt from Tiernan Ray | February 13, 2013 | Barrons.com |
Networking equipment titan Cisco Systems (CSCO) this afternoon reported fiscal Q2 revenue in line and earnings per share that topped consensus.
Revenue in the three months ended in January rose to $12.1 billion, yielding EPS of 51 ... Read More
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The following is excerpt from Liana B. Baker | February 12, 2013 | Reuters.com |
(Reuters) - Comcast Corp on Tuesday said it would buy General Electric's remaining 49 percent equity stake in their NBCUniversal joint venture for about $16.7 billion, speeding up a deal that had not been expected until ... Read More
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The following is an excerpt from BRAD FRISCHKORN | February 6, 2013 | WSJ.com |
TOKYO—Japan's stock market is experiencing a rally unmatched since bulls ruled in the 1980s, as a weak yen and expectations of much bolder steps by the central bank draw investors into the long-dormant market.
Wednesday's 3.8% gain ... Read More
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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 ANDREW BARY | January 19, 2013 | Barrons.com |
Thanks to a second-half flourish, Barron's stock selections finished 2012 comfortably ahead of the market.
Shares of the 121 companies that were the subject of favorable articles during 2012 rose an average of 9%, more than double ... Read More
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The following is an excerpt from Gabriel Debenedetti | January 8, 2013 | Reuters.com |
(Reuters) - Stocks fell on Tuesday, retreating from last week's rally on the "fiscal cliff" deal in Washington, as companies started to report results for the fourth quarter.
After a 4.3 percent jump in the two sessions ... Read More
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The following is an excerpt from Nathan Vardi | December 20, 2012 | Forbes.com |
In March 2011, Leon Black’s Apollo Global Management conducted its long-awaited initial public offering. The IPO priced at $19 a share, raising $565 million, and the stock promptly sunk. It dropped on the first day of ... 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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