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Don't Co-Sign Loans For Your Grown Children
Tuesday, June 7, 2016 - 4:03pm | 794Read More...It’s a natural instinct to want to help those we love, particularly if we are in a position where that financial assistance is feasible. However, it’s often inadvisable to loan money to friends or family, and even more imprudent to co-sign on a debt. Keep in mind, that is exactly what...
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Wells Fargo Sees Potential Downside For Both Office Depot And Staples Amid M&A Hang-Ups; Stocks Tumble
Wednesday, May 11, 2016 - 2:37pm | 341Read More...Wells Fargo & Co analysts expect potential downside for both Office Depot Inc (NYSE: ODP) and Staples, Inc. (NASDAQ: SPLS). Their reaction comes on the heels of the Federal District Court granting an injunction from the FTC to block the planned merger between the two office products suppliers....
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Staples-Office Depot Merger Collapses After Block By Judge
Wednesday, May 11, 2016 - 7:47am | 312Read More...Shares of Staples, Inc. (NASDAQ: SPLS) were trading lower by more than 16 percent early Wednesday morning, while shares of Office Depot Inc (NASDAQ: ODP) plunged more than 35 percent after the companies called off their proposed merger. Staples said in its press release the decision to...
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Pre-Retirees: When Your Mortgage Outgrows Your Lifestyle
Sunday, May 8, 2016 - 4:38pm | 628Read More...Having a mortgage when you’re nearing retirement age can be a scary prospect. However, it’s not an unheard of situation. For whatever reason, whether your mortgage term extends into your retirement-date goal or you’ve had to take out a second mortgage/refinance your home and the...
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SunTrust: Potential FTC Resolution Should Lift Herbalife Shares Higher
Friday, May 6, 2016 - 3:51pm | 221Read More...Shares of Herbalife Ltd. (NYSE: HLF) surged more than 12 percent as the potential resolution with FTC overshadowed the company's solid quarterly results and upbeat outlook for 2016. Herbalife reminded investors that, as previously disclosed, the company is in discussions with the FTC regarding its...
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PayPal Confirms Ongoing Investigation By FTC Over Venmo, 'May Result In Substantial Costs'
Friday, April 29, 2016 - 8:29am | 207Read More...Paypal Holdings Inc (NASDAQ: PYPL) announced in a regulatory filing that the Federal Trade Commission is actively investigating the company to determine if it is engaged in any deceptive or unfair practices. Paypal noted it received a Civil Investigative Demand (CID) from the FTC on March 28,...
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DeVry Shares Continue Charge Lower, Down Nearly 30% Since January
Wednesday, March 30, 2016 - 10:07am | 183Read More...Shares of DeVry Education Group Inc (NYSE: DV) were trading lower by more than 7 percent ahead of Wednesday's opening bell on no confirmed news. According to Reuters, DeVry's stock was trading lower following an unregistered block sale. The publication, citing its sources, stated that Citigroup...
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Staples Warns Office Depot Deal Could Fall Through If This Happens
Friday, March 4, 2016 - 4:06pm | 352Read More...Staples, Inc. (NASDAQ: SPLS) has warned that the merger deal with Office Depot Inc (NASDAQ: ODP) would fall apart if a judge grants a preliminary injunction on behalf of the U.S. Federal Trade Commission, which is seeking to block the deal. The merger has been approved, with concessions, in all...
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Herbalife Up Big After Earnings, FTC Reveals
Friday, February 26, 2016 - 11:18am | 253Read More...Shares of Herbalife Ltd. (NYSE: HLF) soared higher by more than 25 percent on Friday after the company reported its fourth-quarter results and issued a key business update. Herbalife said it earned $1.19 per share in the fourth quarter on revenue of $1.1 billion. Wall Street analysts were expecting...
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Credit Suisse Defends DeVry, Says Talk Of Value Trap...Just A Trap
Wednesday, February 3, 2016 - 1:10pm | 548Read More...DeVry Education Group Inc (NYSE: DV) has been in the headlines a lot already this year following a Federal Trade Commission complaint regarding its marketing techniques. According to the complaint, marketing material "deceived consumers about the likelihood that students would find jobs in their...
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DeVry Education Responds To FTC Complaint, Notes Its Use Of Statistics In Advertisements Is 'Appropriate'
Wednesday, January 27, 2016 - 3:42pm | 289Read More...Shares of DeVry Education Group Inc (NYSE: DV) were halted Wednesday afternoon after the Federal Trade Commission confirmed it has filed a suit against the company's operators for alleged misleading advertisement. According to the FTC, DeVry's advertisements "deceived consumers...
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DeVry Crashes, Halted Off FTC Action
Wednesday, January 27, 2016 - 1:18pm | 222Read More...Shares of DeVry Education Group Inc (NYSE: DV), a provider of educational services in fields such as business, healthcare and technology, plunged lower by nearly 20 percent and hit a new 52-week low of $19.18 on Wednesday before trading was temporarily halted. Investors were reacting to a report by...
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Report: FTC Has 'No Interest' In Approving Staples-Office Depot Merger
Tuesday, January 12, 2016 - 10:00am | 228Read More...Staples, Inc. (NASDAQ: SPLS) proposed acquisition of Office Depot Inc (NASDAQ: ODP) risks being denied, according to a report by the New York Post. According to the publication, the Federal Trade Commission has "no interest" in approving the $6.3 billion merger. Staples is currently...
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Duke Energy's Pending Acquisition Of Piedmont Natural Gas Has 'Cleared A Key Condition'
Tuesday, December 22, 2015 - 2:49pm | 159Read More...Shares of Duke Energy Corp (NYSE: DUK) were trading higher by nearly 1 percent at $70.43 on Tuesday afternoon. At the same time, shares of Piedmont Natural Gas Company, Inc. (NYSE: PNY) were higher by 0.30 percent at $56.90. Duke Energy and Piedmont Natural Gas announced earlier Tuesday that...
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FTC Accuses Oracle Of Deceiving Consumers, Company Agrees To Settle
Monday, December 21, 2015 - 3:17pm | 190Read More...The Federal Trade Commission released a letter on Monday accusing Oracle Corporation (NYSE: ORCL) of deceiving consumers. According to the FTC's letter, Oracle "deceived consumers" when prompting users to accept security updates on approximately 850 million PCs that use Java...
