A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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Sorting out Facebook's disappointing IPOPhiladelphia InquirerFacebook, born at Harvard University just eight years ago, is a real company with large cash flows and significant profits: It earned $1 billion last year on $3.7 billion in revenue, acco...
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Toronto Star'Curious George' publisher Houghton Mifflin files for bankruptcyLos Angeles TimesBy Tiffany Hsu Publisher Houghton Mifflin Harcourt filed for Chapter 11 bankruptcy protection Monday but expects to emerge from restructuring by the en...
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msnbc.comYahoo To Return 'Substantially All' Alibaba Proceeds To ShareholdersWall Street JournalBy Shara Tibken Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Yahoo Inc. (YHOO) plans to return substantially all proceeds from its agreement with Al...
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Moneycontrol.comJapan Stocks Swing From Gains, Losses on Euro UncertaintyBusinessWeek“It's very important that a clear way forward is established” for the European debt crisis, said Tim Schroeders, a portfolio manager who helps manage $1 billio...
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KLEWYahoo Nears Deal Over Stake in AlibabaWall Street JournalBy ANUPREETA DAS Yahoo Inc. is a hair's breadth away from a deal to sell part of its stake in Alibaba Group Holding Ltd. back to the Chinese company for $7.1 billion, finally succeeding a...
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BloombergFacebook's Value Jumped 13-Fold in Private Trading Before IPOBloombergFacebook Inc. (FB)'s value jumped 13-fold in private trading in the four years before its initial public offering yesterday, based on data from SecondMarket Inc. Tra...
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JP Morgan’s chief investment office earned $5 billion over the past three years. Today, the New York Times reports an estimated loss on the “London Whale” trade of $3 billion… …That’s scary enough. But if you really want Fright Night-type chills, consider this: no one knows how much JP Morgan could still lose, because...
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Vanity FairBlockbuster IPO Doesn't Solve Facebook's Biggest Problem (VIDEO)ForbesThe event that investors and market watchers have been salivating over for months finally comes to fruition Friday when Facebook will make its debut as a publicly-...
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Market PlaygroundBlockbuster IPO Doesn't Solve Facebook's Biggest Problem (VIDEO)ForbesThe event that investors and market watchers have been salivating over for months finally comes to fruition Friday when Facebook will make its debut as a pub...
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Christian Science MonitorPostal plants to shrink, 28000 jobs at stakeCNNMoneyBy Jennifer Liberto @CNNMoney May 17, 2012: 12:57 PM ET WASHINGTON (CNNMoney) -- The US Postal Service announced on Thursday it's moving forward with a $2.1 billion cost-s...
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BBC NewsBankia customers pull out over 1 billion euros: reportReutersBy Sonya Dowsett | MADRID (Reuters) - Customers at nationalized Spanish bank Bankia SA (BKIA.MC) have taken out more than 1 billion euros ($1.3 billion) over the past week in a sign o...
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CTV.caRepublicans reject Dems' calls for stricter oversight of Wall StreetDetroit Free PressA key House Republican said Wednesday that the $2-billion trading loss at JPMorgan Chase raises... Forbes magazine has declared Jennifer Lopez the most powe...
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Plain DealerSouthwest Delays 30 Jet Deliveries to Save $1 BillionBloombergSouthwest Airlines Co. (LUV) deferred deliveries of 30 Boeing Co. (BA) 737-800 jets by about four years, as the largest discount carrier extends a cap on fleet size and works to ...
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Concho To Buy Three Rivers's Permian Basin Assets For $1BWall Street JournalConcho Resources Inc. (CXO) agreed to buy Three Rivers Operating Co.'s oil and natural gas assets for $1 billion in cash as the energy company continues to expand its h...
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Bears are roaring backCNNMoneyBy Hibah Yousuf @CNNMoneyInvest May 14, 2012: 5:15 AM ET Short interest on the New York Stock Exchange hit 13.1 billion shares at the end of April, a 4% jump from the previous month and the highest level of the year. NEW Y...
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BMW Group today reported a first quarter net profit of $1.8 billion, up 18.1%, on revenue of $24.1 billion, up 14.1% — both the best in company history for a first quarter. “We have recorded the best first-quarter figures ever — for sales volume, revenues and earnings — in the BMW Group’s corporate history,”...
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The Daily StarAir France-KLM's Fuel Bill to Weigh on ResultsWall Street JournalBy DAVID PEARSON PARIS—Air France-KLM on Friday warned that an expected rise in fuel costs of more than €1 billion ($1.32 billion) this year will continue to pressur...
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CTV.caGeneral Motors made $1 billion in the first quarter, beating analysts ...Detroit Free PressDoes your business work hard to keep your employees motivated and satisfied? Do you enjoy your...- 4:10 pm What is Cojita cheese? How do you buy and use Gu...
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DETROIT — General Motors on Thursday said its profit increased 30 percent in North America in the first quarter, but a loss in Europe and a one-time charge contributed to a 69 percent decline in total earnings. G.M. posted $1 billion in net income attributable to common stockholders in the quarter, down from $3.2...
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USA TODAYPF Chang's to Be Bought by Centerbridge for $1 BillionBloombergPF Chang's China Bistro Inc. (PFCB), the biggest Asian full-service restaurant operator in the US by market share, agreed to be taken private by Centerbridge Partners LP in...
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BloombergMan Group Has $1 Billion Outflows as AHL Loses Clients' MoneyBloombergMan Group Plc (EMG), the world's biggest publicly traded hedge fund manager, reported that clients withdrew a net $1 billion in the first quarter, while costs such a...
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Is this the first sign of trouble for the Facebook IPO?
The social media giant, now in the final weeks before its long awaited IPO filing, announced Monday that first-quarter profit and revenue has slipped since the end of 2011.
Facebook (Nasdaq: FB) disclosed...
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An Actionable reader, “Bullet,” posted an item Wednesday on California’s tax receipts cratering. There is more detail is his post, but here is the key take away. “Compared to last year, State tax collections for February s...
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Apparently seeing revenues falling well short of forecasts, the US Treasury today announced a surprise $20 billion Cash Management Bill (CMB). This bill was not included in the TBAC (Treasury Borrowing Advisory Committee) forecast schedule posted just last week. The simultaneously announced regular 6 month bill was $1 billion above the TBAC forecast. Here...
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Who is James Koutoulas and how did the 30-year-old commodities investor end up leading the charge to recover $1 billion for customers from one of Wall Street's biggest bankruptcies?
http://finance.fortu...bal-bankruptcy/
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SPX and BKX Updates: Rare Top Indicator Triggered on Friday
Before I get to the indicators and market charts, I want to do a quick update about domestic mutual fund flows, with some new data that has come to my attention. Last week, we discussed the high number of mutual fund outflows which have been ...
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