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https://www.cnbc.com/2012/05/16/chinas-stagnant-bank-lending-spooks-investors.html
China's Stagnant Bank Lending Spooks Investors
China's Stagnant Bank Lending Spooks Investors Chinese bank stocks fell on Thursday in Hong Kong after a report by Shanghai Securities News that new lending by China’s four biggest state-owned banks was flat in the first two weeks of May. Getty Images Shares of Industrial and Commercial Bank of China , China Constructi...
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https://www.cnbc.com/2012/05/16/cramer-thinks-dow-likely-to-drop-further.html
U.S. stocks logged another decline in choppy trading Wednesday. The Dow Jones Industrial Average slipped 33.45 points, or 0.26 percent, to close at 12,598.55. It has closed lower 10 times out of the past 11 sessions. Meanwhile, the S&P 500 fell 5.86 points, or 0.44 percent, to finish at 1,324.80 while the Nasdaq declin...
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https://www.cnbc.com/2012/05/16/democrats-return-fire-after-john-boehners-opening-debtceiling-salvo.html
Election 2012
Election 2012 Speaker John Boehner on Tuesday vowed that the House will not wait until after November elections to find a way to avoid a year-end "fiscal cliff" – and that House Republicans will, again, refuse to raise the national debt limit, unless Congress offsets the hike with spending cuts. U.S. Minority Leader Re...
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https://www.cnbc.com/2012/05/16/eu-to-push-for-binding-investor-pay-votes.html
EU to Push for Binding Investor Pay Votes
EU to Push for Binding Investor Pay Votes Shareholders in Europe’s listed companies will be given a binding vote on pay while those who invest in banks will gain powers to set a cap on bonus levels, under plans being drawn up by senior EU officials. The initiative from Michel Barnier, the EU’s top financial services re...
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https://www.cnbc.com/2012/05/16/euro-could-get-a-boost-if-ecb-takes-liquidity-route.html
Euro Could Get a Boost If ECB Takes ‘Liquidity Route’
Euro Could Get a Boost If ECB Takes ‘Liquidity Route’ The European Central Bank may launch a fresh round of stimulus to contain the impact of a possible Greek exit from the euro zone, but the fallout from such a move on the single currency will depend on what route the central bank takes, say experts. Euro bills Whethe...
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https://www.cnbc.com/2012/05/16/even-pros-dont-like-stocks-could-that-be-bullish-sign.html
Even Pros Don't Like Stocks: Could That Be Bullish Sign?
Even Pros Don't Like Stocks: Could That Be Bullish Sign? Wall Street strategists are the most negative they've been on stocks since the bull marketbegan more than three years ago. Getty Images The consensus view of U.S. equity strategists from major banks is for investors to allocate just 52 percent of their portfolio ...
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https://www.cnbc.com/2012/05/16/exit-from-euro-is-bad-idea-for-greece-bank-head.html
Exit From Euro Is Bad Idea for Greece: Bank Head
Exit From Euro Is Bad Idea for Greece: Bank Head A Greek exit from the euro zone would not make things better for the stricken country or for Europe, Thomas Mirow, president of the European Bank for Reconstruction and Development (EBRD), told CNBC.com in an interview. The Parthenon in GreeceScott E. Barbour | Getty Ima...
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https://www.cnbc.com/2012/05/16/facebook-ipo-a-fast-money-primer-for-retail-investors.html
Think you know all you need to know about trading Facebook? Don't be so sure, this IPO is unlike most others. The Fast Money pros say, if you don't know what you're up against, by getting involved with Facebook right now, you stand to lose much more than you ever gain. That's especially true if you're among the million...
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https://www.cnbc.com/2012/05/16/facebooks-miraculous-powers.html
Facebook's Miraculous Powers
Facebook's Miraculous Powers Los Angeles, CaliforniaAP Have you heard that Facebook is going public with an IPO this week? It's going to do great things for all people. It will make everything better, especially in California. The latest state finance projections estimate that Facebook's IPO will add $14 billion to per...
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https://www.cnbc.com/2012/05/16/fast-money-the-next-big-thing.html
At Fast Money we’re always looking for the next big thing. And we’re hearing that a new trend may be emerging in internet video. Billionaire investor Carlos Slim seems to like the story - he's financing an internet television network called Ora.TV, an internet based on-demand video network - that will resemble broadcas...
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https://www.cnbc.com/2012/05/16/fiscal-cliff-could-cut-us-gdp-growth-by-4-goldman-sachs.html
‘Fiscal Cliff’ Could Cut US GDP Growth By 4%: Goldman Sachs
‘Fiscal Cliff’ Could Cut US GDP Growth By 4%: Goldman Sachs The United States’ economy could shrink as much as 4 percentage points in the first half of 2013 if Congress fails to address the expiration of $600 billion worth of tax breaks and jobless benefits by the end of this year, according to Goldman Sachs. Travelif ...
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https://www.cnbc.com/2012/05/16/for-the-rich-diamonds-are-the-new-stocks.html
For the Rich, Diamonds are the New Stocks
For the Rich, Diamonds are the New Stocks The 35-carat pear-shaped diamond Marie de Medici wore at her coronation in 1610, one of the world's most famous gems.Fabrice Coffrini | AFP | Getty Images New studies show that the wealthy are pulling back from stocks and stashing more of their money into real estate, art and e...
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https://www.cnbc.com/2012/05/16/forget-a-grexit-watch-for-a-grashall-plan-analyst.html
Forget a ‘Grexit.’ Watch for a ‘Grashall Plan’: Analyst
Forget a ‘Grexit.’ Watch for a ‘Grashall Plan’: Analyst “Very little of the bail-out money so far has gone to the Greeks. It has all gone to the bankers,” one analyst tells CNBC. Peter Weber | Stone | Getty Images As the world waits to see if Greece will reject the austerity imposed upon it by the European Union and In...
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https://www.cnbc.com/2012/05/16/gold-to-hit-1900-by-year-end-commodities-pro.html
Gold to Hit $1,900 by Year End: Commodities Pro
Gold to Hit $1,900 by Year End: Commodities Pro The recent sell-off in gold is unlikely to continue in the longer term, with the precious metal set to hit $1,900 an ounce towards the end of the year, according to Walter De Wet, head of commodities at Standard Bank. “If the dollar is strong and the euro weak, gold trade...
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https://www.cnbc.com/2012/05/16/greek-bank-withdrawals-slowing-down-source.html
Greek Bank Withdrawals Slowing Down: Source
Greek Bank Withdrawals Slowing Down: Source A senior executive at a Greek bank said the pace of withdrawals has slowed further on Wednesday, after a large spike on Monday. Late Tuesday, data inadvertently revealed by the country's president showed 700 million euros ($889.7 billion) worth of withdrawals on Monday alone....
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https://www.cnbc.com/2012/05/16/grexit-wont-affect-portugals-banks-bank-ceo.html
'Grexit' Won’t Affect Portugal’s Banks: Bank CEO
'Grexit' Won’t Affect Portugal’s Banks: Bank CEO A potential exit by Greece from the euro, even if it leads to a run on European banks, would not bring down Portugal’s banking system, the chief executive of Portugal’s largest publicly listed bank told CNBC on Wednesday. David Dear | Photographer's Choice | Getty Images...
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https://www.cnbc.com/2012/05/16/housing-starts-surge-but-dont-trade-the-headline.html
Housing Starts Surge, but Don't Trade the Headline
Housing Starts Surge, but Don't Trade the Headline AP April , at 717,000, were well above expectations and at the highest level since October 2008; March was revised upward as well. Ugh! It was ugly overnight in Asia — Hong Kong and South Korea down 3 percent, Shanghai down 1.2 percent. Commoditieswere down across the ...
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https://www.cnbc.com/2012/05/16/how-to-trade-the-euros-bounce.html
Money in Motion
Money in Motion Businessman with crystal ballFredrik Skold | The Image Bank | Getty Images Wondering if today's bounce in the euro is an aberration? This strategist has an answer. Given the tough talk and scary headlines coming from Germany and Greece, you might think the euro should be in a tailspin. But it has actua...
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https://www.cnbc.com/2012/05/16/last-call-theres-a-sale-at-pennys.html
Last Call: There's A Sale At Penny's!
Last Call: There's A Sale At Penny's! JC PenneyRyan T. Conaty | Bloomberg | Getty Images (Reading Newspaper Headlines) Rex Kramer: Passengers certain to die! Steve McCroskey: Airline negligent. Johnny: There's a sale at Penney's! -Airplane -Yes, Johnny, there's a sale at Penny's: the stock. No coupons needed as shares ...
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https://www.cnbc.com/2012/05/16/lesson-for-jcpenney-consumers-are-addicted-to-deals.html
Consumer Nation
Consumer Nation Just when you thought JCPenney expectations might be low enough? Nope. Not even close. Turns out the American consumer is addicted to a deal. JC PenneyRyan T. Conaty | Bloomberg | Getty Images The problem is the JCPenney management team did not realize just how much their customer is addicted to the co...
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https://www.cnbc.com/2012/05/16/lightning-round-virnetx-superior-energy-dolby-labs-and-more.html
VirnetX : Cramer is bullish on this stock, but only on a speculative basis. Superior Energy : This stock is in the doghouse, Cramer said. Don't buy. Dolby Labs : It's time to ring the register on this stock, Cramer said. MGM Resorts: This is an inexpensive stock, but Cramer prefers Las Vegas Sands. Pepsico : Hold onto ...
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https://www.cnbc.com/2012/05/16/love-thy-neighbor-cramers-mexico-play.html
Mexico FlagRobert Harding | Getty Images "There are still some bright spots out there, and believe it or not, one of the brightest is Mexico," said Cramer. Industrial production south of the border is on the rise with Mexico growing GDP faster than the United States. And a particular hot spot has been the auto i...
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https://www.cnbc.com/2012/05/16/market-faces-vortex-of-europe-uncertainty-chief-economist.html
Market Faces 'Vortex' of Europe Uncertainty: Chief Economist
Market Faces 'Vortex' of Europe Uncertainty: Chief Economist Financial markets across the world are facing a “vortex” of uncertainty due to the euro zone and the high risk of Greece defaulting on its debts, according to Carl Weinberg, the chief economist at High Frequency Economics. CNBC.com “We remain wary of the pote...
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https://www.cnbc.com/2012/05/16/markets-await-facebook-ipo-but-greece-is-still-a-worry.html
Markets Await Facebook IPO, But Greece Is Still a Worry
Markets Await Facebook IPO, But Greece Is Still a Worry Facebook IPO papersBloomberg via Getty Images Uncertainty surrounding Greece will continue to tug at markets Thursday, as traders await the pricing of the big Facebook IPO. Huge demand for the offering encouraged Facebook to sell even more shares, and now its gia...
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https://www.cnbc.com/2012/05/16/merkel-comments-give-bounce-to-stocks.html
Merkel Comments Give Bounce to Stocks
Merkel Comments Give Bounce to Stocks Comments from German Chancellor Angela Merkel that she wants Greece to stay in the euro zone helped give a lift to oversold equitiesand curbed some . German Chancellor Angela MerkelGetty Images The stock market was also ripe for a reversal after two days of selling on concerns that...
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https://www.cnbc.com/2012/05/16/obama-calls-on-congress-to-help-small-businesses.html
Obama Calls on Congress to Help Small Businesses
Obama Calls on Congress to Help Small Businesses President Barack Obama speaks on an America built to last.CNBC President Barack Obama says Congress could help sustain the economy's "momentum" by passing legislation that would give businesses a 10 percent income tax credit if they create new jobs or increase wages this...
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https://www.cnbc.com/2012/05/16/off-the-charts-commodities.html
Will global growth concerns keep the commodity space on ice? To find out, Cramer went "Off the Charts." Watch the video to see the full report! Call Cramer: 1-800-743-CNBC Questions for Cramer? Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com
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https://www.cnbc.com/2012/05/16/report-apple-to-boost-screen-size-on-next-iphone.html
Report: Apple to Boost Screen Size on Next iPhone
Report: Apple to Boost Screen Size on Next iPhone iPhone 4SMichael Nagle | Stringer | Getty Images News Could the next iPhone finally boast a larger screen? According to The Wall Street Journal, Apple's Asian suppliers will start producing screens measuring 4 inches diagonally, up from the 3.5 inches featured on the sm...
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https://www.cnbc.com/2012/05/16/should-france-be-added-to-the-piigs.html
Should France Be Added to the 'PIIGS'?
Should France Be Added to the 'PIIGS'? French President Francois Hollande may have his differences with German Chancellor Angela Merkel, but Europe’s two most powerful leaders have agreed in principle to forge a growth strategy for Europe in time for next month’s European Union heads of state summit. Hollande’s plane w...
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https://www.cnbc.com/2012/05/16/small-businesses-big-banks-good-fit.html
Small Businesses, Big Banks: Good Fit?
Small Businesses, Big Banks: Good Fit? Tetra Image | Getty Images When business is good, it's all good. It's when the going gets tough that you find out who is really in your corner. Take Bill Silverman, owner of a ski shop in Livingston, N.J. His business had been through unseasonably warm winters before. January and ...
7db7fc55b52e83cc78698363c14f53ff
https://www.cnbc.com/2012/05/16/stocks-to-watch-ltd-jack-more.html
Stocks to Watch: LTD, JACK & More
Stocks to Watch: LTD, JACK & More Check out which companies are making headlines after-the-bell Wednesday: Limited Brands - The parent company of Victoria's Secret posted a profit of 41 cents, edging past expectations for 40 cents a share. Revenue came in line at $2.15 billion. However, the company handed in a second-q...
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https://www.cnbc.com/2012/05/16/stocks-to-watch-mu-cree-more.html
Stocks to Watch: MU, CREE & More
Stocks to Watch: MU, CREE & More Take a look at some of Wednesday's midday movers: Skechers - The stock was lower after the company agreed to pay $40 million to settle charges with the FTC that it made unfounded claims advertising that its “toning shoes” would enable users to get stronger and lose weight. Rosetta Geno...
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https://www.cnbc.com/2012/05/16/survey-predicts-a-summer-job-boost-is-coming.html
Survey Predicts a Summer Job Boost is Coming
Survey Predicts a Summer Job Boost is Coming A pickup in hiring heading into the summer months could bode well for job creation in the second half of 2012, according to a recent survey by CareerBuilder.com. The online career site’s annual Summer Job Forecast shows that 29 percent of employers plan to hire workers for t...
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https://www.cnbc.com/2012/05/16/taiwans-htc-still-a-buy-on-htc-one-promise-analyst.html
Taiwan’s HTC Still a Buy on ‘HTC One’ Promise: Analyst
Taiwan’s HTC Still a Buy on ‘HTC One’ Promise: Analyst Taiwan smartphone maker HTC, which saw profits tumble 70 percent in the first quarter of the year, could make a comeback thanks to its recently-launched HTC One series phone, says an analyst. A visitor examines an HTC smartphone at the Vodafone stand at the CeBIT T...
1dc976055f3f7a3a05968457029807b7
https://www.cnbc.com/2012/05/16/this-isnt-the-time-to-add-to-positions-pros.html
On Wednesday investors were eager to hear from David Einhorn and other big investors at the Ira Sohn Conference.The mere expectation that Einhorn and others would make important commentary moved stocks – well before anyone knew what they would actually say. However, if you’re looking to establish a new position in the ...
40a2729375b12afbab9bfcdd01ee79c4
https://www.cnbc.com/2012/05/16/what-would-it-take-for-facebook-to-eclipse-visas-record-ipo.html
What Would it Take for Facebook to Eclipse Visa's Record IPO?
What Would it Take for Facebook to Eclipse Visa's Record IPO? FacebookGetty Images With Facebook now upping its initial public offering, as first reported by CNBC's Kate Kelly last night, it still remains roughly $2 billion shy of becoming the biggest U.S. IPO ever. If priced at the high end of its current range of $34...
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https://www.cnbc.com/2012/05/16/with-facebook-ipo-social-business-becomes-key-authors.html
With Facebook IPO, Social Business Becomes Key: Authors
With Facebook IPO, Social Business Becomes Key: Authors FacebookBrendan Smialowski | AFP | Getty Images When Facebook becomes a publicly traded companyin the very near future, the financial event will be remembered for many reasons, but we view it as a watershed moment in the evolution of social business. Six years ago...
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https://www.cnbc.com/2012/05/17/5-stocks-under-10-poised-for-breakouts.html
5 Stocks Under $10 Poised for Breakouts
5 Stocks Under $10 Poised for Breakouts John Corwin | Photo Researchers | Getty Images There isn’t a day that goes by on Wall Street when certain stocks trading near or under $10 a share don’t experience massive spikes higher. Traders savvy enough to follow the low-priced names and trade them with discipline and sound ...
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https://www.cnbc.com/2012/05/17/a-dvr-aderaser-causes-tremors-at-tv-upfronts.html
A DVR Ad-Eraser Causes Tremors at TV Upfronts
A DVR Ad-Eraser Causes Tremors at TV Upfronts Broadcast television executives came to New York this week, as they do every year, to talk up their new TV shows in front of advertisers. Twins | Getty Images This year, they are having to talk about yet another technology trying to tear them down. The disruptive technology...
0ac03e30f4977b94c0e74a6e06d227c2
https://www.cnbc.com/2012/05/17/a-facebook-cofounder-reflects-on-the-path-forward.html
The Facebook IPO
The Facebook IPO Eduardo Saverin can escape the United States, but he cannot slip Facebook. NUS Enterprise “Everything I do in my personal life, in my professional life, it’s completely there,” said Mr. Saverin, a Facebook co-founder, in his first major interview. “A lot of what I do, what everyone does, is influenced ...
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https://www.cnbc.com/2012/05/17/a-new-episode-of-cnbcs-trading-the-globe-will-premiere-on-june-1st.html
A NEW EPISODE OF CNBC'S "TRADING THE GLOBE" WILL PREMIERE ON JUNE 1ST
A NEW EPISODE OF CNBC'S "TRADING THE GLOBE" WILL PREMIERE ON JUNE 1ST (ALL TIMES ARE IN ET) A new episode of "Trading the Globe" is scheduled to air live at 7:30pm ET on Friday, 6/1. "The Kudlow Report" will air from 7pm-7:30pm ET on this date. Emerging Markets are the wave of the future for both professional investors...
2cdfb4728a4e65f3b243a20d2f2a89d1
https://www.cnbc.com/2012/05/17/after-facebook-silicon-valley-will-focus-on-this-company.html
Top venture capitalist Bill Gurley tells us after Facebook, there’s another social media company that will probably capture attention.It’s Twitter.“After Facebook , Twitter is probably the company that isn’t public that people talk about a lot in Silicon Valley,” says Gurley on CNBC’s Fast Money Halftime Report.Much li...
321ce478612d90370d369b9d1c214c08
https://www.cnbc.com/2012/05/17/aigs-benmosche-government-could-be-out-by-end-of-year.html
AIG’s Benmosche: Government Could Be Out By End of Year
AIG’s Benmosche: Government Could Be Out By End of Year AIG Chairman and CEO Robert Benmosche has asked the board if he can stay on through 2013. Robert BenmoscheGetty Images Benmosche acknowledged this request in an interview with CNBC’s Mary Thompson after Wednesday’s annual meeting. Benmosche has been battling cance...
fca6beba124e1ed77bb30a4ac03b5f91
https://www.cnbc.com/2012/05/17/apple-being-used-as-atm-for-facebook-ipo.html
The Facebook IPO
The Facebook IPO Getty Images Are investors selling Apple to raise cash to buy Facebook? Apple shares have been falling from the Tree of Knowledge between Good and Profits, heading down for their fifth straight session and losing seven percent in a week. That's a $34 billion loss of market cap, perhaps twice the amount...
2ed39f28c1060e5d685018d59a31f0f3
https://www.cnbc.com/2012/05/17/are-retail-investors-getting-hustled-on-facebook.html
Are Retail Investors Getting Hustled on Facebook?
Are Retail Investors Getting Hustled on Facebook? FacebookGetty Images You've got to hand it to the guys at Morgan Stanley, Goldman Sachs and JPMorgan who have been running the Facebook initial public offering. They've orchestrated a nearly perfect IPO performance. The huge public roadshow performances. The price targe...
f85bb5c39ab7ae53c93f06b4af6c6fcb
https://www.cnbc.com/2012/05/17/borre-facebook-has-dramatically-changed-the-way-i-hire-people.html
Borre: Facebook Has Dramatically Changed The Way I Hire People
Borre: Facebook Has Dramatically Changed The Way I Hire People FacebookBrendan Smialowski | AFP | Getty Images Facebookhas changed the landscape in which we all communicate.  As owner of an IT talent management firm, it has allowed me to reach a broader audience, from consultants we work with to potential candidates, c...
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https://www.cnbc.com/2012/05/17/breaking-news-from-cnbcs-kayla-tausche-kayak-eyeing-150-million-ipo-in-coming-weeks.html
BREAKING NEWS FROM CNBC’S KAYLA TAUSCHE: KAYAK EYEING $150 MILLION IPO IN COMING WEEKS
BREAKING NEWS FROM CNBC’S KAYLA TAUSCHE: KAYAK EYEING $150 MILLION IPO IN COMING WEEKS ALL REFERENCES MUST BE SOURCED TO CNBC. Kayak Eyeing $150 Million IPO in Coming Weeks Posted By: Kayla Tausche | CNBC Reporter CNBC.com | 16 May 2012 | Kayak Software is aiming to go public in the coming weeks, as the market for tech...
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https://www.cnbc.com/2012/05/17/breaking-news-from-kate-kelly-kayla-tausche-facebook-prices-ipo-at-38-sources.html
BREAKING NEWS FROM KATE KELLY & KAYLA TAUSCHE: FACEBOOK PRICES IPO AT $38 - SOURCES
BREAKING NEWS FROM KATE KELLY & KAYLA TAUSCHE: FACEBOOK PRICES IPO AT $38 - SOURCES ALL REFERENCES MUST BE SOURCED TO CNBC. KAYLA TAUSCHE: WE DO HAVE A PRICE BILL WE HAVE BEEN REPORTING THIS ALL DAY APPARENTLY JUST CRYSTALIZING AT $38 PER SHARE FOR THAT FACEBOOK PRICE. NOW WE HAVE REPORTED THAT INVESTORS WERE BEING FLO...
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https://www.cnbc.com/2012/05/17/briefegan-jones-recommends-wal-mart-stores-inc-ltwmtngtshareholders-withhold-votes-for-duke-and-scott.html
BRIEF-Egan jones recommends Wal Mart Stores Inc <WMT.N>-shareholders withhold votes for Duke and Scott
BRIEF-Egan jones recommends Wal Mart Stores Inc <WMT.N>-shareholders withhold votes for Duke and Scott May 17 (Reuters) - Wal-Mart Stores Inc : * Egan jones proxy services recommends Wal Mart Stores Inc -shareholders withhold votes for Michael Duke and Lee Scott * Egan jones proxy services recommends Wal Mart Sto...
1c2492fa45c486aec4e949b1dc982e23
https://www.cnbc.com/2012/05/17/chasing-saverins-winnings-is-a-losing-battle.html
The Facebook IPO
The Facebook IPO Eduardo Saverin, co-founder of FacebookSource: Goodman Media When it comes to taxing a major Facebook founder’s windfall, Sens. Chuck Schumer and Bob Casey are so eight years ago. The legislators held a press conference today to unveil a bill they are calling the “Ex-Patriot Act” (“Expatriation Prevent...
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https://www.cnbc.com/2012/05/17/cnbc-town-hall-on-small-business-entrepreneurs-wanted.html
CNBC Town Hall on Small Business: Entrepreneurs Wanted
CNBC Town Hall on Small Business: Entrepreneurs Wanted Ballyscanlon | Stockbyte | Getty Images Are you an entrepreneur living your dream? A risk-taker with a big idea for a game-changing business? A small business owner working to innovate amid trying economic times? CNBC wants to invite you to its Town Hall event on J...
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https://www.cnbc.com/2012/05/17/cnbcs-facebook-the-social-offering-airs-live-thursday-may-17th.html
CNBC'S "FACEBOOK: THE SOCIAL OFFERING" AIRS LIVE THURSDAY, MAY 17TH
CNBC'S "FACEBOOK: THE SOCIAL OFFERING" AIRS LIVE THURSDAY, MAY 17TH (ALL TIMES ARE IN ET) Thursday, 5/17/2012: 1:00 PM FACEBOOK: THE SOCIAL OFFERING (pre-empts Power Lunch) On Thursday, May 17th, CNBC will broadcast a one-hour special, "Facebook: The Social Offering," anchored by CNBC's Carl Quintanilla, that goes insi...
e9f47757b51b03b810a3e94e59a715cf
https://www.cnbc.com/2012/05/17/cramer-dont-buy-facebook-in-open-market-friday.html
After much anticipation, Facebook priced its initial public offering at $38 a share on Thursday — the high end of the expected range of $34 to $38 — making it the largest Internet IPO in history. FacebookNicholas Kamm | AFP | Getty Images Facebook's IPO is expected to raise $16 billion in proceeds, thereby increasing i...
e25850ea27413334e4cd4cc95d7b097d
https://www.cnbc.com/2012/05/17/euro-slips-loonie-dips-yen-gets-a-lift.html
Money in Motion
Money in Motion The Greek tragedy weighs on the euro, but Japan's GDP lifts the yen - it's time for your FX Fix. The euro fell below 1.27 on worries about Greece and its banks. [WSJ] Meanwhile, the dollar index hit a four-month high as investors sought a safe haven. [Reuters] The Canadian dollar fell on worries about t...
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https://www.cnbc.com/2012/05/17/european-shares-to-open-higher-greece-weighs-on-markets.html
European Shares to Open Higher; Greece Weighs on Markets
European Shares to Open Higher; Greece Weighs on Markets European shares signaled a slight rebound on Thursday but the ongoing problems in Greece still weighed on sentiment as the country announced a second round of elections would be held on June 17 and European leaders talked of a Greek departure from the euro zone. ...
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https://www.cnbc.com/2012/05/17/extend-the-bush-tax-cuts-now.html
Extend the Bush Tax Cuts Now
Extend the Bush Tax Cuts Now House Speaker John Boehner is playing a heroic role right now. In his efforts to prevent the Bush tax cuts from expiring, Boehner is aggressively taking on President Obama’s leadership ineptitude on the economy. Republican Representative John BoehnerAP In essence, Boehner is pushing a Repub...
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https://www.cnbc.com/2012/05/17/facebook-ipo-cramers-take.html
As Wall Street eagerly anticipates the Facebook IPO, Jim Cramer on Monday analyzed the No. 1 social network. FacebookNicholas Kamm | AFP | Getty Images To Cramer, it’s painful to think everybody wants to own Facebook, considering it has no earnings and no track record as a public company. Then again, Cramer said Facebo...
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https://www.cnbc.com/2012/05/17/facebook-ipo-how-stock-offerings-help-the-economy.html
Facebook IPO: How Stock Offerings Help the Economy
Facebook IPO: How Stock Offerings Help the Economy Everyone knows they can make a killing if they get in on the ground floor of an initial public offering. But what about afterwards? Facebook Stock Certificate. Click image to view larger.Source: SEC While the Facebook IPO is unique in size, investors are anxiously weig...
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https://www.cnbc.com/2012/05/17/five-ways-facebook-is-not-like-google-and-why-it-matters-to-ipo-buyers.html
The Facebook IPO
The Facebook IPO Mark ZuckerbergGetty Images The Facebook IPO has surpassed Google as the biggest initial public share offering ever for an Internet company – but now the real race begins between the Silicon Valley rivals. For shareholders it’s all about who makes money after the horses leave the starting gate. Google ...
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https://www.cnbc.com/2012/05/17/for-a-postipo-facebook-lots-of-cash-and-possibilities.html
The Facebook IPO
The Facebook IPO Last month, Mark Zuckerberg unilaterally decided to shell out $1 billion for Instagram, a social network based on mobile photos. By end of day Friday, Facebook's CEO Mark Zuckerberg will have even more money to throw around. Mark ZuckerbergGetty Images According to Facebook's filings with the Securitie...
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https://www.cnbc.com/2012/05/17/foreclosures-move-east-as-hardesthit-markets-clear.html
Foreclosures Move East as Hardest-Hit Markets Clear
Foreclosures Move East as Hardest-Hit Markets Clear Foreclosure activity in April fell Getty Images nationally to the lowest level since the summer of 2007, but government intervention and the recent $25 billion mortgage servicing settlement are now changing the face of the crisis. Foreclosure filings, which include de...
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https://www.cnbc.com/2012/05/17/gold-bounce-today-signals-market-bounce-tomorrow-pro.html
Gold bounced on Thursday, with the precious metal putting in its largest one-day gain since January.The move is particularly noteworthy because gold had been flirting with bear market territory, down more than 20 percent from its September record high. Looking at the bounce, trader Keith McCullough thinks a similar bo...
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https://www.cnbc.com/2012/05/17/gold-claws-out-of-bear-market.html
Gold Claws Out of Bear Market
Gold Claws Out of Bear Market clawed their way out of bear market territory Thursday as June NYMEX gold futures spiked over $40 to more than $1575 an ounce, posting the biggest one-day gain of the year. Anthony Bradshaw | Getty Images In the previous session, gold plummeted to its lowest price in 10 months, dropping 20...
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https://www.cnbc.com/2012/05/17/greek-contagion-fears-rising-as-facebook-ipo-set-to-trade.html
Greek Contagion Fears Rising as Facebook IPO Set to Trade
Greek Contagion Fears Rising as Facebook IPO Set to Trade The Greek national flag is seen flying above the parliament building on Syntagma Square in Athens, Greece, on Thursday, Feb. 16, 2012.Bloomberg As Facebook’s giant IPO comes to market, record low yields in the bond market are warning of more trouble ahead for fi...
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https://www.cnbc.com/2012/05/17/hey-dont-forget-about-apple.html
With so much attention on Facebook, you might not have noticed what’s happened with Apple. Shares of Apple have declined 13% over the past month, with the company paring more than $100 billion in market cap. Is the decline the sign of greater trouble or the buying opportunity you’ve been waiting for.Trader Joe Terranov...
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https://www.cnbc.com/2012/05/17/how-do-you-put-a-price-on-facebook.html
How Do You Put a Price on Facebook?
How Do You Put a Price on Facebook? Facebook doesn’t need the money. And investors say the price tag almost doesn’t matter. So how do you put a price on something that many say is priceless? FacebookJuan Mabromata | AFP | Getty Images That’s the task today facing an elite few: Lead underwriter Morgan Stanley , co-under...
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https://www.cnbc.com/2012/05/17/how-to-make-a-killing-on-the-euro-crash.html
How to Make a Killing on the Euro Crash
How to Make a Killing on the Euro Crash It's an axiom of modern capitalism, almost as certain as death and taxes: No matter how bad an economic crisis gets, someone is bound to get rich from it. Getty Very rich. During the 2008-2009 financial meltdown, Goldman Sachs and hedge fund tycoon John Paulson hauled in billions...
b997ff0dac221ed8be99df3ebf5c3e1b
https://www.cnbc.com/2012/05/17/how-to-trade-facebook-stock-options.html
The Facebook IPO
The Facebook IPO Mark ZuckerbergDavid Paul Morris | Bloomberg | Getty Images Like Facebook shares, but can't get near them? There are always options. So. You like Facebook shares. Get in line. It’s next to impossible for individual investors to obtain shares at the initial offering price, so if you really want in on th...
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https://www.cnbc.com/2012/05/17/important-dates-in-facebooks-history.html
Important Dates in Facebook's History
Important Dates in Facebook's History From a Harvard dorm room to a $100 billion Silicon Valley powerhouse, Facebook has come a long way. Founder of Facebook.com Mark Zuckerberg, right, and Dustin Moscovitz, co-founder, left; have their photo taken at Harvard Yard.Justine Hunt | Boston Globe | Getty The social networki...
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https://www.cnbc.com/2012/05/17/ipo-will-be-greatest-muppet-show-ever.html
IPO Will Be 'Greatest Muppet Show' Ever
IPO Will Be 'Greatest Muppet Show' Ever A sign with the 'like' symbol stands in front of the Facebook headquarters in Menlo Park, California.Getty Images With less than 24 hours before Facebook’s debut as a public company, four financial advisers gathered in a midtown restaurant to eat lunch and trade stories about inv...
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https://www.cnbc.com/2012/05/17/is-facebook-californias-savior.html
Is Facebook California's Savior?
Is Facebook California's Savior? FacebookTony Avelar | Bloomberg | Getty Images Facebook's IPO, by some estimates, will turn a thousand of its employees into instant millionaires. So many suddenly wealthy taxpayers in California couldn't come at a better time. It's unlikely most of the newly minted rich will follow , a...
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https://www.cnbc.com/2012/05/17/japan-in-a-sweet-spot-as-growth-beats-us-europe.html
Japan in a ‘Sweet Spot’ as Growth Beats US, Europe
Japan in a ‘Sweet Spot’ as Growth Beats US, Europe Japan, the country synonymous with debt and deflation in recent years, posted the best growth rate among major industrialized nations in the first quarter and some analysts are predicting more upside for the economy from domestic demand. Ginza district in Tokyo, JapanG...
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https://www.cnbc.com/2012/05/17/japanese-pension-fund-switches-to-gold.html
Japanese Pension Fund Switches to Gold
Japanese Pension Fund Switches to Gold Okayama Metal & Machinery has become the first Japanese pension fund to make public purchases of gold, in a sign of dwindling faith in paper currencies. Gold BarsAP Initially, the fund aims to keep about 1.5 per cent of its total assets of Y40 billion ($500 million) in bullion-bac...
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https://www.cnbc.com/2012/05/17/jpmorgan-to-bounce-after-dimon-talks-to-congress.html
Fallout from the JPMorgan's $2 billion trading loss just keeps coming and coming.Now, CEO Jamie Dimon has been asked to testify before Congress and explain circumstances surrounding the loss as Washington haggles over financial reform. If lawmakers have JPMorgan in their sights, has the stock just become too hot to han...
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https://www.cnbc.com/2012/05/17/market-is-in-trouble.html
Market Is in Trouble
Market Is in Trouble NYSE TradersOliver Quilla for CNBC.com This market is in serious trouble. For three years, traders have been accustomed to buying stocks on modest dips of 3 to 6 percent or so. It's not working this time. There have been modest attempts to buy in the past week, but the buying interest has been ligh...
5acd74e5e3edb7becfe6878558dbbf74
https://www.cnbc.com/2012/05/17/middleton-the-100-billion-question-will-facebook-make-the-most-of-mobile.html
Middleton: The $100 Billion Question, Will Facebook Make the Most of Mobile?
Middleton: The $100 Billion Question, Will Facebook Make the Most of Mobile? FacebookJuan Mabromata | AFP | Getty Images Built on participant immersion and increasingly fueled by brand advertiser dollars, Facebookmust continue to answer to both its 900 million participants and the growing number of advertisers as it ap...
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https://www.cnbc.com/2012/05/17/more-turmoil-to-come-buy-real-assets-jim-rogers.html
More Turmoil to Come, Buy Real Assets: Jim Rogers
More Turmoil to Come, Buy Real Assets: Jim Rogers Jim Rogers, the chairman of Rogers Holdings, says he expects more turmoil in the global financial markets after several Asian stock markets on Friday . Jim RogersGetty Images "The world's got serious problems facing it, I don't particularly like saying it, but it's true...
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https://www.cnbc.com/2012/05/17/morici-the-eclipse-of-american-banking.html
Morici: The Eclipse of American Banking
Morici: The Eclipse of American Banking Investors may have overreacted to JPMorgan’s $2.3 billion dollar trading loss, and traders may have an opportunity for quick gains in bank stocks. Longer-term U.S. banks may never recover to their past glory. For the Reagan to the Clinton administrations, U.S. banks profited from...
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https://www.cnbc.com/2012/05/17/rgiii-signs-endorsement-deal-with-sports-protection-company-evoshield.html
RGIII Signs Endorsement Deal With Sports Protection Company Evoshield
RGIII Signs Endorsement Deal With Sports Protection Company Evoshield The hottest NFL rookie endorser, Robert Griffin III, has scored yet another sponsorship deal. Source: EvoShield On Thursday, athletic protective gear company Evoshield told CNBC it had signed the No. 2 overall draft pick, who had carved the niche mar...
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https://www.cnbc.com/2012/05/17/safe-haven-or-risk-asset-gold-confounds-investors.html
Safe Haven or Risk Asset? Gold Confounds Investors
Safe Haven or Risk Asset? Gold Confounds Investors The precious metal - a store of value since Biblical times - hasn't been the safe haven that conventional wisdom would dictate but has traded like a risk asset, hammered by a resurgent U.S. dollar and sinking in the downdraft of broader risk aversion. GoldDiamond Sky I...
8fc58d27932cdb5c2bc4a8eb3b4be142
https://www.cnbc.com/2012/05/17/salzman-the-real-impact-of-facebook.html
Salzman: The Real Impact of Facebook
Salzman: The Real Impact of Facebook FacebookThomas Coex | AFP | Getty Images As the celebration of Facebookreaches its crescendo with its IPO it is useful to consider the transformational impact Facebook is having on how companies interact with their customers. For marketers, the task used to be largely driving awaren...
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https://www.cnbc.com/2012/05/17/sears-returns-to-profit-plans-canadian-spinoff.html
Sears Returns to Profit; Plans Canadian Spinoff
Sears Returns to Profit; Plans Canadian Spinoff Sears Holdings returned to a first-quarter profit, benefiting from a gain on the sale of some stores. SearsAP The Hoffman Estates, Ill., company, which runs Sears, Kmart, and Lands' End, also said Thursday that it plans to spin off a minority stake in Sears Canada. Sears ...
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https://www.cnbc.com/2012/05/17/stocks-to-watch-cat-jpm-more.html
Stocks to Watch: CAT, JPM & More
Stocks to Watch: CAT, JPM & More Take a look at some of Thursday's midday movers: SunPower - moved higher after news that Apple plans to power its main U.S. data center entirely with renewable energy by the end of the year. Apple said it was buying equipment from SunPower and startup Bloom Energy to build two solar ar...
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https://www.cnbc.com/2012/05/17/stocks-to-watch-wmt-shld-ltd-more.html
Stocks to Watch: WMT, SHLD, LTD & More
Stocks to Watch: WMT, SHLD, LTD & More Take a look at some of Thursday's morning movers: Wal-Mart Stores - The world's biggest retailer earned $1.09 per share for the first quarter, five cents above estimates, with sales also beating consensus forecasts. Wal-Mart also says it doesn't expect probes into Mexico bribery a...
0f3b4ab618dc400ad9272a8f87bc766a
https://www.cnbc.com/2012/05/17/sweeney-facebook-advertising-money-is-in-the-movies.html
Sweeney: Facebook Advertising Money Is In the Movies
Sweeney: Facebook Advertising Money Is In the Movies FacebookThomas Coex | AFP | Getty Images General Motors purged a bit of steam from history’s largest IPOby an oddly timed announcement that they were stopping traditional Facebook advertising, slashing $10 million from the $40 m...
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https://www.cnbc.com/2012/05/17/The-5-Best-and-Worst-IPOs-Since-2000.html
The Facebook IPO
The Facebook IPO The market for equities has gone through numerous crises, bubbles, ups and downs since the turn of the century, but when an initial public offering (IPO) hits the market, it creates a lot of excitement for investors, and generates billions of dollars for the company involved. Market conditions can be a...
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https://www.cnbc.com/2012/05/17/uks-cameron-fears-euro-zone-unraveling.html
UK's Cameron Fears Euro Zone Unraveling
UK's Cameron Fears Euro Zone Unraveling David Cameron, Britain’s prime minister, will on Thursday warn that the single European currency could unravel in a way that “carries huge risks for everyone” unless the eurozone’s 17 members move rapidly towards full fiscal and political union. David CameronCNBC “The eurozone is...
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https://www.cnbc.com/2012/05/17/us-stockswall-st-edges-lower-on-europe-data.html
US STOCKS-Wall St edges lower on Europe, data
US STOCKS-Wall St edges lower on Europe, data * European shares hit fresh 2012 low * Philly Fed lowest since September, leading indicators miss * Wal-Mart shares rise after results, GameStop down * Indexes off: Dow 0.5 pct, S&P 0.7 pct, Nasdaq 1 pct (Adds details, comments, updates trading) By Ryan Vlastelica NEW YORK,...
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https://www.cnbc.com/2012/05/17/us-stockswall-st-set-to-open-flat-eyes-on-europe.html
US STOCKS-Wall St set to open flat, eyes on Europe
US STOCKS-Wall St set to open flat, eyes on Europe * European shares hit fresh 2012 low * Weekly jobless claims steady, worries persist * Wal-Mart shares rise after results * Futures: Dow up 10 pts, S&P up 1 pt, Nasdaq off 0.5 pt (Adds comment, updates prices) By Rodrigo Campos NEW YORK, May 17 (Reuters) - U.S. stocks ...
bbe6206fc78d51dd227667efba90f82f
https://www.cnbc.com/2012/05/17/walmart-earnings-rise-outstrip-wall-street-forecasts.html
Wal-Mart Earnings Rise, Outstrip Wall Street Forecasts
Wal-Mart Earnings Rise, Outstrip Wall Street Forecasts Wal-Mart reported improved quarterly earnings and revenue on Thursday, topping Wall Street analysts' targets on both, as its Wal-Mart U.S. division showed a 2.6 percent rise in sales at stores open at least a year. AP The world's biggest retailer benefited from war...
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https://www.cnbc.com/2012/05/17/walmart-posts-strong-profit-as-us-sales-jump.html
Wal-Mart posts strong profit as U.S. sales jump
Wal-Mart posts strong profit as U.S. sales jump May 17 (Reuters) - Wal-Mart Stores Inc posted a better-than-expected quarterly profit on Thursday as its Walmart U.S. division showed a 2.6 percent rise in sales at stores open at least a year, as warm weather and an earlier Easter enticed shoppers to spend. The world's l...
bc0fdb5eced9dfa48d7bbffce1845616
https://www.cnbc.com/2012/05/17/walmarts-strong-earnings-overshadow-bribery-allegations.html
Consumer Nation
Consumer Nation Headlines about Wal-Mart Stores' better-than-expected earnings mean that, at least for now, Wall Street isn't so concerned about bribery allegations in Mexico and pending investigations. Walmart CashierSource: Walmart The world's largest retailer beat the Street on both the top and bottom line, reporti...
c055e618e9736aa0d1a50153c9dfc106
https://www.cnbc.com/2012/05/17/what-a-volatility-spike-could-do-for-the-dollar.html
Money in Motion
Money in Motion Nick M Do | Photodisc | Getty Images Based on past bouts of big market swings, the dollar could get a meaningful lift if volatility rises. Sure, investors are looking for safe havens as worries mount over the euro zone crisis. But according to Camilla Sutton, chief currency strategist at Scotia Capital,...
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https://www.cnbc.com/2012/05/17/what-small-business-is-the-next-facebook.html
The Facebook IPO
The Facebook IPO FacebookBrendan Smialowski | AFP | Getty Images As the financial markets anticipate the initial public offering of social networking megasite Facebook this week, let us take a step back to admire this success story and the entrepreneurial free market system overall. The Facebook IPO is expected to brin...
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https://www.cnbc.com/2012/05/17/will-this-decade-be-more-grim-than-the-1930s.html
Will This Decade Be More Grim Than the 1930s?
Will This Decade Be More Grim Than the 1930s? The problem, from its neighbors' point of view, with a unified Germany is that its increased relative economic might and strategic importance casts a giant shadow across Europe, relatively diminishing the global status and economic competitiveness of all other European coun...
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https://www.cnbc.com/2012/05/18/apples-best-days-as-a-stock-are-behind-it-mcnamee.html
It’s not like the Apple bulls haven’t had a hard month, already. Apple is down 16% from last month's record high of $644. And the slide has triggered chatter that Apple could land in bear market territory – that is a decline of 20% or more from its high.Now -- adding insult to injury -- famed money pro Roger McNamee t...
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https://www.cnbc.com/2012/05/18/breaking-news-from-cnbcs-kate-kelly-retail-demand-for-facebook-was-highest-ever-for-ipo.html
BREAKING NEWS FROM CNBC’S KATE KELLY: RETAIL DEMAND FOR FACEBOOK WAS HIGHEST EVER FOR IPO
BREAKING NEWS FROM CNBC’S KATE KELLY: RETAIL DEMAND FOR FACEBOOK WAS HIGHEST EVER FOR IPO ALL REFERENCES MUST BE SOURCED TO CNBC. KATE KELLY: THANKS SO MUCH MELISSA. SO I HAVE DONE A BUNCH OF REPORTING IN THE AFTERMATH OF THE $38 SHARE PRICE DECISION AND ONE KEY QUESTION CERTAINLY FOR OUR VIEWERS AS WELL AS INVESTORS A...
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https://www.cnbc.com/2012/05/18/briefresearch-alertbmo-raises-wal-mart-price-target.html
BRIEF-RESEARCH ALERT-BMO raises Wal Mart price target
BRIEF-RESEARCH ALERT-BMO raises Wal Mart price target May 18 (Reuters) - Wal-Mart Stores Inc : * Bmo raises Wal Mart -price target to $68 from $60 ,market perform rating For a summary of rating and price target changes on U.S. companies: Reuters Eikon users, click on Reuters 3000Xtra users, double-click Reuters Station...
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https://www.cnbc.com/2012/05/18/comfort-hotels-get-a-major-makeover.html
Comfort Hotels Get a Major Makeover
Comfort Hotels Get a Major Makeover Comfort Inn guests will soon be noticing some changes. Comfort SuitesSource: Choice Hotels Next month, a Comfort Inn and Suites hotel will open in Spokane Valley, Wash. as the brand's first newly redesigned property. The hotel's furniture, fixtures and equipment were all replaced to ...
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https://www.cnbc.com/2012/05/18/congress-wants-end-to-sports-sponsorships-by-military.html
Congress Wants End to Sports Sponsorships by Military
Congress Wants End to Sports Sponsorships by Military NascarGetty Images A few years ago, I attended a military recruitment session with NASCAR driver Ryan Newman, who is sponsored by the U.S. Army. Many had criticized the sponsorship as a waste of money, but Newman and an Army official told me that day that the number...