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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Posts Tagged ‘ Press Release ’
JPMorgan Makes Groupon’s Disclosures Look Good – Bloomberg
JPMorgan Makes Groupon's Disclosures Look GoodBloombergThe press release contained inaccurate data about the market risks at the bank's chief investment office, which was the source of the mysterious $2 billion trading loss that JPMorgan divulg...
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Negative equity remains a drag on housing market – Los Angeles Times
Los Angeles TimesNegative equity remains a drag on housing marketLos Angeles TimesNearly 1 in 3 homeowners with a mortgage in LA County owes more than the property is worth, new data show. These underwater loans hinder mobility and hurt prices because ...
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PayPal strikes deals to get into more stores – Reuters
GigaOMPayPal strikes deals to get into more storesReutersBy Alistair Barr | SAN FRANCISCO May 24 (Reuters) - PayPal unveiled new deals on Thursday that may help the online payment giant expand into more physical stores. PayPal, owned by eBay Inc, said ...
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Schools.com Infographic Examines Facebook’s IPO – PR Web (press release)
Schools.com Infographic Examines Facebook's IPOPR Web (press release)Facebook's initial public offering valued the company at $104 billion and raised $16 billion. It is the largest in tech sector IPO in history and the third-largest ever behind...
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Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses in Excess of $1 … – MarketWatch (press release)
Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses in Excess of $1 ...MarketWatch (press release)Specifically, whether JPMorgan misrepresented and/or failed to disclose that the CIO had engaged in extremely risky and speculative trades t...
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Chicago police arrest 15 at futures exchange protest – Reuters
Globe and MailChicago police arrest 15 at futures exchange protestReutersBy Ann Saphir | CHICAGO (Reuters) - Police arrested 15 people blocking the main artery through Chicago's financial district on Wednesday during a demonstration against state t...
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Commodities prices fall across the board on concerns about Europe’s crisis … – The Republic
Business Intelligence Middle EastCommodities prices fall across the board on concerns about Europe's crisis ...The RepublicFear of a worsening debt crisis in Europe jolted commodities markets Wednesday. Prices for oil, copper, palladium, cotton and...
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Pandora Rises After First-Quarter Results Top Analyst Estimates – BusinessWeek
Radio & Television Business ReportPandora Rises After First-Quarter Results Top Analyst EstimatesBusinessWeekBy Andy Fixmer on May 23, 2012 Pandora Media Inc. (P) (P) rose as much as 16 percent in extended trading after first-quarter results exceeded a...
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The Facebook IPO: What Went Wrong? – Knowledge@Wharton
The GuardianThe Facebook IPO: What Went Wrong?Knowledge@WhartonIt has been a wild ride for Facebook during the past week -- and it doesn't seem to be over yet. The social networking giant -- initially valued at $104 billion -- held its long-awaited...
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In Facebook IPO debacle, Wall Street prevails – Washington Post
The GuardianIn Facebook IPO debacle, Wall Street prevailsWashington PostAs I write this, Facebook is trading 16 percent below its initial offering price. A pretty nasty three-day loss. The well-connected who canceled their IPO orders — all of which, ...
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JPMorgan Entangled in Lawsuit Again – Zacks.com
JPMorgan Entangled in Lawsuit AgainZacks.comJPMorgan Chase & Co.'s (JPM - Analyst Report) huge mark-to-market loss of about $2 billion in the first six weeks of the second quarter has intertwined it in numerous troubles. According to Reuters, e...
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Social Media Marketer Vitrue Has Been Bought By Oracle For $300 Million – TechCrunch
GigaOMSocial Media Marketer Vitrue Has Been Bought By Oracle For $300 MillionTechCrunchTechCrunch has discovered and confirmed that software giant Oracle has bought social marketing platform Vitrue for $300 million. [Update: A press release has confirm...
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Macy’s to Sell to Shoppers in China Via Online Deal – Fox Business
Macy's to Sell to Shoppers in China Via Online DealFox BusinessMacy's Inc said on Wednesday it will start selling some items in its private brand assortment directly to shoppers in China through a deal with a new online retailer there. The depa...
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US Banking Industry Set for Tougher Regulations After JPMorgan Loss – MarketWatch (press release)
US Banking Industry Set for Tougher Regulations After JPMorgan LossMarketWatch (press release)The SPDR KBW Bank ETF (KBE) has fallen nearly 7 percent in the last month on growing concerns of Greece leaving the European Union, and the likelihood of toug...
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Euro Zone Crisis Weighing Down Bank Stocks – MarketWatch (press release)
Euro Zone Crisis Weighing Down Bank StocksMarketWatch (press release)The SPDR KBW Bank ETF (KBE) has fallen nearly 7 percent in the last month on growing concerns of Greece leaving the European Union, and the likelihood of tougher US banking regulation...
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TransUnion: US Auto Loan Delinquencies Fall To New Low In 1Q – Wall Street Journal
USA TODAYTransUnion: US Auto Loan Delinquencies Fall To New Low In 1QWall Street JournalUS auto loan delinquencies fell during the first quarter to the lowest level since TransUnion began collecting data in 1999, the consumer-credit data firm said. The...
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RR Donnelley to buy Edgar Online for $70.5M – Chicago Tribune
RR Donnelley to buy Edgar Online for $70.5MChicago TribuneUS printing services company RR Donnelley & Sons Co. said it would buy financial data provider Edgar Online for about $70.5 million, including debt, to expand its digital offerings. The deal...
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Yottaa closes $9m in funding – Boston.com
GigaOMYottaa closes $9m in fundingBoston.comBy Chris Reidy, Globe Staff Yottaa Inc., a Boston-based company providing Web optimization services, said Tuesday that it has closed $9 million in Series B funding. All existing investors, including General C...
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Medtronic posts higher quarterly earnings – Reuters
Medtronic posts higher quarterly earningsReuters* Sees FY EPS $3.62-$3.70; Wall St view $3.66 * Shares up 2.3 percent May 22 (Reuters) - Medtronic Inc reported higher quarterly earnings on Tuesday as stronger sales in its cardiovascular, diabetes and o...
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JPMorgan ‘Compelling’ Despite Lower Price Target: UBS – TheStreet.com
Investorplace.comJPMorgan 'Compelling' Despite Lower Price Target: UBSTheStreet.comBy Philip van Doorn 05/22/12 - 07:57 AM EDT NEW YORK (TheStreet) -- UBS analyst Brennan Hawken on Tuesday lowered his price target for JPMorgan Chase (JPM) but a...
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Fuel Economy Tops US Auto Buyers’ Wants, Consumer Reports Says – Bloomberg
Fuel Economy Tops US Auto Buyers' Wants, Consumer Reports SaysBloombergAutomobile owners in the US see fuel economy as the leading element they will consider in purchasing their next car, according to a survey by Consumer Reports. Of 1702 car owner...
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US stocks rally after worst week of year – Xinhua
Press NewsUS stocks rally after worst week of yearXinhuaNEW YORK, May 21 (Xinhua) -- US stocks rebounded on Monday after major indexes suffered their worst weekly losses of the year in the previous week. The Dow Jones industrial average gained 135.10 p...
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Old Republic sells stake in unit ahead of planned spinoff – Reuters
Old Republic sells stake in unit ahead of planned spinoffReutersMay 21 (Reuters) - Mortgage insurer Old Republic International Corp said it sold a 20.6 percent stake in its recently formed Republic Financial Indemnity Group Inc (RFIG) division and plan...
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Stocks to Watch: URBN, FB, AAPL & More – CNBC.com
ForbesStocks to Watch: URBN, FB, AAPL & MoreCNBC.comCheck out which companies are making headlines after-the-bell Monday: Urban Outfitters Facebook Apple Extreme Networks Old Republic Align Technology —By CNBC's JeeYeon Park (Follow JeeYeon o...
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Fitch Rates JP Morgan PUTTERs/DRIVERs Trust, Series 4152 – MarketWatch (press release)
Fitch Rates JP Morgan PUTTERs/DRIVERs Trust, Series 4152MarketWatch (press release)The short-term 'F1' rating assigned to the PUTTERs is based on the liquidity facility provided by JPMorgan Chase Bank, NA (rated 'A+/F1', long-term ratin...
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Eaton Corporation to Buy Cooper Industries for $11.8 billion – New York Times
Eaton Corporation to Buy Cooper Industries for $11.8 billionNew York TimesBy AZAM AHMED Power management provider Eaton Corporation said on Monday that it had agreed to acquire Cooper Industries for $11.8 billion in a deal that would allow the companie...
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DaVita Agrees to Pay About $4.42 Billion for HealthCare Partners – Bloomberg
DaVita Agrees to Pay About $4.42 Billion for HealthCare PartnersBloombergDaVita Inc. (DVA), a provider of kidney dialysis services, agreed to pay about $4.42 billion to acquire HealthCare Partners, an operator of medical groups and physician networks. ...
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Conn. subsidies seen spurring home solar power – Boston.com
Conn. subsidies seen spurring home solar powerBoston.comHARTFORD, Conn.—Dmitri Donskoy figures he'll save only $20 a month on his electricity bill after solar panels are installed on the roof of his home under a state-subsidized program. But he s...
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California unemployment rate dips to 10.9%; state loses 4200 jobs – Los Angeles Times
89.3 KPCCCalifornia unemployment rate dips to 10.9%; state loses 4200 jobsLos Angeles TimesBy Ricardo Lopez California employers trimmed their April payrolls by 4200 jobs last month, snapping a string of eight straight months of employment growth. The ...
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Kraft grocery spin-off to be tax free – Chicago Tribune
Kraft grocery spin-off to be tax freeChicago TribuneKraft Foods said Friday that the US Internal Revenue Service has approved a tax-free spin-off of its North American grocery business. The Northfield-based packaged food giant plans to separate its dom...
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