Day: <span>August 29, 2012</span>
Citigroup Inc. (NYSE: C) is increasing its debt repurchases. The banking giant said that it is upsizing the principal amount of the notes to be accepted for purchase under cash tender offers by...
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Whether or not Yelp Inc. (NYSE: YELP) should be considered a social media company is something we will leave up to you. What it has in common is simple: a huge lockup expiration where insiders and...
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New research from MIT indicates that nearly half of Americans die with essentially no financial assets. About 46% of U.S. senior citizens hold less than $10,000 in assets at the time of their deaths...
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Solar cell and module makers JA Solar Holdings Co. Ltd. (NASDAQ: JASO) and Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) reported second-quarter earnings this morning and both fell short of...
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The second-quarter U.S. gross domestic product has been revised slightly higher to 1.7% in its first revision. The initial Q2 GDP was originally reported as being up 1.5% and both Bloomberg and Dow...
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Zale Corp. (NYSE: ZLC) jumped in premarket trading after reporting a narrower fiscal fourth-quarter loss and predicting a return to profitability in the next year.The specialty retailer said its net...
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Source: Jon OggThese are the top analyst calls of upgrades, downgrades and initiations we have seen from Wall St. research calls this Wednesday morning.Angie’s List Inc. (NASDAQ: ANGI) raised to...
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H.J. Heinz Co. (NYSE: HNZ) reported adjusted first quarter 2013 earnings per share (EPS) of $0.87 on $2.79 billion in sales before markets opened today. In the same period a year ago, the food...
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The Mortgage Bankers Association released its weekly report on mortgage applications this morning, noting a 4.3% decline in the group’s composite index compared with last week’s total....
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When the proposed $90 billion merger between Glencore International and Xstrata was first announced, the seeds of its failure were first planted. Glencore already owned 34% of Xstrata and could not...
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China’s official PMI hits a nine-month low in August. (Reuters)WellPoint Inc. (NYSE: WLP) CEO Braly steps down. (Reuters)General Motors Co. (NYSE: GM) to invest $1 billion in Russia within five...
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Abigail Johnson, the daughter of Fidelity Investments CEO Edward C. Johnson III, has been promoted to run almost all of the money management behemoth. The company was founded by her grandfather and...
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President Mario Draghi made another vague comment about how the European Central Bank can help relieve the financial tension in Europe:Yet it should be understood that fulfilling our mandate...
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Oil traders ignored the fact that Hurricane Isaac, now a Category 1 storm, stepped ashore in Louisiana. WTI crude actually dipped nearly $1 to $95.55. Despite the billions of dollars of damage the...
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