Category Archive for: ‘Money’

Apple Stock Rallies After Optimistic Announcements

Apple stock rallied more than 3 percent by mid-afternoon trading, boosted by positive news in both the Wall Street Journal …

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Netflix Faces SEC Action Over Facebook Post

A Netflix Facebook post has caught the attention of federal regulators. The Securities and Exchange Commission has recommended civil action …

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Labor Department Posts Lowest Unemployment Rate in Four Years

The unemployment rate has fallen to an almost four-year low, according to a Labor Department report released today. The US …

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Zynga Applies For Nevada Gaming License

Zynga shares are higher by about 6% today after the maker of Farmville announced its Nevada gaming license application. “This …

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Citigroup Cutting 11,000 Jobs

Citigroup announced today it will eliminate 11,000 jobs in order to cut costs, reducing its total work force by about …

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Facebook Added To NASDAQ-100 Index

Facebook Inc. (FB) stockholders finally received some good news yesterday when Nasdaq announced it would replace Infosys Ltd. (INFO) with …

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Banks Profits Rise for 13th Consecutive Quarter

Bank profits rose 6.6 percent in the third quarter, according to the FDIC. Commercial banks and savings institutions insured by …

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Toll Brothers’ Earnings Exceed Expectations

Superstorm Sandy didn’t hurt Toll Brothers Inc.’s earnings, as the luxury-home builder’s fiscal fourth-quarter earnings skyrocketed, helped in part by …

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