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Market Wrap For May 29: Investors Welcome Another Record High For The S&P 500
Thursday, May 29, 2014 - 4:41pm | 2596Read More...U.S. stocks gained on Thursday despite the Commerce Department reporting that U.S. gross domestic product declined at a one percent annualized rate in the quarter. Analysts were expecting GDP to decline 0.4 percent. Pending home sales were below expectations but investors may have shrugged off...
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LG's New G3 Won't Hit U.S. Until At Least July
Wednesday, May 28, 2014 - 12:46pm | 758Read More...LG’s new full-featured flagship G3 smartphone goes on sale Wednesday - in Korea. For consumers in the U.S., availability is slightly less well defined. In a press release, the company said U.S. buyers could expect the phone “later this summer.” The G3 will feature a Snapdragon 801 processor and...
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Big Growth Is Not Making Big Profit For Spotify
Friday, May 23, 2014 - 2:33pm | 835Read More...Earlier this week, Spotify reported that the music streaming site had reached 10 million paying subscribers. The Swedish company also shared, in addition to the 10 million paying subscribers, Spotify has more than 40 million active users across 56 markets. Although the company isn't publicly...
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Market Wrap For April 28: Apple Hits New 52-Week Highs In a Volatile Start To the Trading Week
Monday, April 28, 2014 - 4:34pm | 2080Read More...U.S. stocks ended the day mostly positive in a volatile trading session as the Nasdaq rebounded from a one percent decline, finishing the day almost flat. The Dow traded higher by as much as 138 points but still ended the day modestly higher as Pfizer's massive $100 billion takeover plans gave...
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Earnings Expectations For The Week Of April 28: Big Oil, Big Pharma And More
Sunday, April 27, 2014 - 11:58am | 854Read More...The earnings crunch continues this week. Among the highlights will be scheduled quarterly reports from Exxon Mobil and Chevron, from Bristol-Myers Squibb and Merck, from Time Warner and Viacom, and also from Twitter. Early Thursday, Exxon Mobil (NYSE: XOM) is expected to say that it had earnings...
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Is Wireless Service Google's Next Big Disruption?
Friday, April 4, 2014 - 1:51pm | 534Read More...Sources told The Information that Google (NASDAQ: GOOG) executives recently discussed the possibility of offering a full-fledged wireless service in areas where Google Fiber Internet and TV exist. The service would reportedly make Google a mobile virtual network operator (MVNO), by which Google...
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Oppenheimer: The Technology Revolution Is Nigh
Friday, April 4, 2014 - 7:24am | 851Read More...We are on the verge of huge technological change, according to analysts at Oppenheimer. They see a coming convergence of mobile and cloud computing with telecommunications, in which companies such as DirecTV (NASDAQ: DTV), Rackspace Hosting (NYSE: RAX) and T-Mobile US (NYSE: TMUS) may be may...
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Market Wrap For March 11: Markets End Slightly In The Red As Ukraine Worries Persist And Continued Chinese Conerns
Tuesday, March 11, 2014 - 4:42pm | 2333Read More...U.S. stocks declined as investors continue to question China's growth prospects following Monday's shocking report that its exports had tumbled in February. Certainly not helping investor sentiment is the fact that Crimea's parliament voted to declare independence from Ukraine. This weekend,...
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Market Wrap For March 4: Bulls Take Over As Ukraine Fears Dissipate
Tuesday, March 4, 2014 - 5:37pm | 2664Read More...U.S. stocks recovered and posted strong gains as concerns over a military conflict involving Russia and Ukraine dissipated overnight. The Dow posted a triple digit point gain, recording its best day of the year. The S&P 500 surged to new all time highs of 1,876.23 while the Nasdaq hit new...
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Report: Dish About To Win Huge H Block Spectrum Auction
Thursday, February 27, 2014 - 12:50pm | 614Read More...Dish Network (NASDAQ: DISH) CEO Charlie Ergen’s ship is about to come in. Actually, his H Block spectrum is about to come in, according to the New York Post. But what's he going to do with it? Post sources indicated that the $1.56 billion acquisition would be announced this week. When...
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China's ZTE: A Name to Watch
Friday, February 14, 2014 - 4:33pm | 752Read More...Chinese mobile phone maker ZTE (OTC: ZTCOY) is not exactly a household name –- yet. If the fourth biggest phone vendor in the world gets its way, however, it will be – eventually. CNET said it expects to see ZTE focus on premium quality smartphones at the Mobile World Congress at the end of...
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Market Wrap For February 11: Yellen Re-assures Markets & Wakes Up The Sleeping Bulls
Tuesday, February 11, 2014 - 5:47pm | 3158Read More...U.S. stocks rose on Tuesday as the Federal Reserve's new Chief Janet Yellen reassured investors that she is the right person for the job. In her congressional testimony, Yellen promised to stay the course in regards to the Federal Open Market Committee's approach to monetary policy. Yellen also...
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Market Wrap For February 10: Markets Cautious Ahead Of Yellen Testimony
Monday, February 10, 2014 - 5:47pm | 3302Read More...U.S. stocks traded mixed today as investors are anxiously waiting for Tuesday's testimony from Janet Yellen. Yellen will make her first appearance before the U.S. House of Representatives with a Senate session scheduled for Thursday. Elliot Spar, market strategist at Stifel told CNBC that "...
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#PreMarket Primer: Monday, February 10: New Fed Chief Takes The Reins
Monday, February 10, 2014 - 8:16am | 754Read More...The markets finished the week on an optimistic note Friday with a triple digit gain putting major indices in positive territory for the week. Friday, the Dow was up 165.55 points or about one percent to finish the day at 15,794.08. The S&P was up 1.3 percent to 1,797.02 and the NASDAQ was...
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Earnings Expectations For The Week Of February 10: AIG, Cisco, Deere, PepsiCo And More
Monday, February 10, 2014 - 7:33am | 990Read More...The earnings season is winding down. Most of the S&P 500 have reported fourth-quarter results, and the good news is that earnings beats have outnumbered earnings misses. Here is a quick rundown of what analysts expect from some of this week's most prominent quarterly reports. America Movil...
















