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 an excerpt from JACK HOUGH | February 2, 2013 | Barrons.com |
The easiest way to secure higher mutual fund returns is to keep fees low, because they come off the top. On a $1 million portfolio that earns 5% a year, a tiny 0.10% fee saps $16,000 ... 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 RAMESH PONNURU | Jan 14, 2013, Vol. 18, No. 17 | TheWeeklyStandard.com |
Almost everyone is under-estimating what Republicans have just achieved in the fiscal cliff deal, including many Republicans who supported the deal.
Regardless of what politicians have been saying in public, everyone who has ... Read More
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The following is an excerpt from Evelyn M. Rusli | January 9, 2013 | WSJ.com |
Shares of Facebook Inc. breached the $30 mark on Wednesday, the first time in six months.
The milestone represents a welcome reversal for the social networking company, which struggled last year to convince investors that it ... 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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