Daily Blitz
The following is an excerpt from Leah Schnurr | March 5, 2013 | Reuters.com |
(Reuters) - Market professionals sometimes deride it as a relic, deeply flawed in its structure, useful mostly as the man-on-the-street's window on the stock market.
But the old man of Wall Street, the Dow Jones industrial average ... Read More
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The following is an excerpt from JONATHAN CHENG | February 27, 2013 | WSJ.com |
to a five-year high, putting the Dow Jones Industrial Average on the cusp of its record close, as a solid Italian bond auction and central-bank reassurances offset worries about Europe's debt crisis.
The blue-chip index jumped 175 ... Read More
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The following is an excerpt from David Zielenziger | February 17, 2013 | ibtimes.com |
When Dell Inc. (NASDAQ:DELL) reports fourth-quarter results late Tuesday, millions of customers as well as investors might come to understand why Chairman Michael S. Dell is so determined to complete the $24.4 billion leveraged buyout of ... 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 SIMON CONSTABLE | January 20, 2013 | WSJ.com |
Like the host of "The Price Is Right" TV game show, Wall Street is saying "Come on down!"
Investment professionals are anticipating an influx of income- and growth-hungry mom-and-pop "retail" investors into the stock market this year—especially ... Read More
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The following is an excerpt from Matt Nesto | January 17, 2013 | Yahoo.com |
It has been a hard six weeks for Boeing (BA). The world's largest commercial airplane manufacturer has been besieged by a growing list of malfunctions and mishaps on its brand new Dreamliner 787 and has also ... Read More
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The following is an excerpt from Michael Aneiro | January 11, 2013 | Barrons.com |
Loomis Sayles today echoes the popular sentiment that bond investors can expect decent, albeit very modest, returns in 2013. From Loomis macro strategist Thomas Fahey:
The math of fixed income returns becomes more difficult with a steady ... Read More
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