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c4afc083ca079ca178b2e457d1111fc0 | https://www.cnbc.com/2012/05/22/how-facebooks-stock-selloff-nearly-turned-into-a-run.html | How Facebook’s Stock Selloff Nearly Turned Into a Run | How Facebook’s Stock Selloff Nearly Turned Into a Run
There are plenty of reasonsFacebook's initial public offeringhada disappointing debut on Friday, but new information is emerging on why the stock selloff nearly turned into a run on Monday.
Mark Zuckerberg ringing the Nasqaq bell.CNBC
It started with an alert sent o... |
a3391a4b92e36112a1e09e9166a5c85a | https://www.cnbc.com/2012/05/22/how-to-trade-on-japans-downgrade.html | Money in Motion | Money in Motion
Will Crocker|The Image Bank|Getty Images
A sent the yen lower, but this strategist thinks it won't last.
Fitch Ratings cut Japan's credit rating today, citing political stasis in the face of growing debt levels, and the yen took a tumble. Is this the end of its strength?
Not exactly, says Camilla Sutto... |
c8ffeb8057a817a139885bd7b0113fff | https://www.cnbc.com/2012/05/22/jpmorgan-a-buy-rumors-of-trouble-are-a-farce-bove.html | JPMorgan a Buy; Rumors of Trouble Are a ‘Farce’: Bove | JPMorgan a Buy; Rumors of Trouble Are a ‘Farce’: Bove
JPMorgan Chase is one of the best banks in the U.S., with some of the best managers in the industry, and one trading error will not change that, Richard Bove, vice president of equity research, financial sector, at Rochdale Securities, told CNBC’s“Worldwide Exchange... |
cb35631b213fff514e632e0d0bfb4b3f | https://www.cnbc.com/2012/05/22/jpmorgans-biggest-risk-is-losing-congress-trust-pro.html | JPMorgan’s Biggest Risk Is Losing Congress’ Trust: Pro | JPMorgan’s Biggest Risk Is Losing Congress’ Trust: Pro
JPMorgan Chase’s biggest worry in the wake of the “London Whale” should be losing the trust of Congress, analyst Jim Bianco of Bianco Research told CNBC Tuesday.
Getty Images
His comments came as JPMorgan Chief Executive Jamie Dimon prepares to testify to the Sen... |
3179954ab1287af42e58f379fba04e97 | https://www.cnbc.com/2012/05/22/lagarde-imf-will-never-leave-the-table-with-greece.html | Lagarde: IMF Will ‘Never Leave the Table’ With Greece | Lagarde: IMF Will ‘Never Leave the Table’ With Greece
Christine Lagarde, managing director of the International Monetary Fund, vowed that the organization, which is part-funding Greece’s bailout, will “never leave the table” in negotiations with its new government.
The Greek national flag is seen flying above the parli... |
831cb7bd91fd24d379dc77fa2acbbda3 | https://www.cnbc.com/2012/05/22/more-products-make-travel-rules-a-breeze.html | More Products Make Travel Rules a Breeze | More Products Make Travel Rules a Breeze
Frequent business traveler Joe Harvey says passing through airport security can be a breeze — if you have the right accessories.
Suitcase on bed in hotel room.Johannes Kroemer | The Image Bank | Getty Images
His backpack allows his laptop to be screened at checkpoints without hi... |
69f1f26a674e496d928ffe36f1740663 | https://www.cnbc.com/2012/05/22/ncta-trends-mobile-video-watch-espn-and-tv-everywhere.html | NCTA Trends: Mobile video, Watch ESPN and TV Everywhere | NCTA Trends: Mobile video, Watch ESPN and TV Everywhere
The National Cable and Telecom show is all about the convergence of content, distribution and technology, and today I had the pleasure of moderating a panel at NCTA's annual show that addressed all those issues.
Getty Images
It was an eclectic group: Comcast Cable... |
62376b95e9e0f071ffa546c4327adaab | https://www.cnbc.com/2012/05/22/ok-facebook-is-embarrassing.html | OK, Facebook Is Embarrassing | OK, Facebook Is Embarrassing
Facebook unlikeSource: Facebook.com
OK, this is embarrassing. Facebook at $32.70 in pre-open trading is embarrassing. Down 15 percent in two days is embarrassing on an initial public offering this big.
A lot of traders are pissed off at Morgan Stanley. Yesterday, it looked like Morgan Stanl... |
9456258f1af377e61bf80f1cc29338d4 | https://www.cnbc.com/2012/05/22/option-bulls-think-health-care-has-a-pulse.html | Option Bulls Think Health Care Has a Pulse | Option Bulls Think Health Care Has a Pulse
Adam Gault | Getty Images
The SPDR Health Care Select Sector exchange-traded fund is less than a sneeze from its recent highs, and some bulls are looking for it to pop.
Upside activity lit up OptionMonster’s tracking systems yesterday, with heavy buying in the June 37 calls. O... |
06e68f4b1dd68d0f879b26c57c83f65b | https://www.cnbc.com/2012/05/22/poll-whos-having-the-worst-month.html | Poll: Who's Having the Worst Month? | Poll: Who's Having the Worst Month?
It's been a May to forget for a growing number of the financial world's best-known names, and there's still more than a week to go.
JPMorgan Chase chief Jamie Dimon had to apologize for an of at least $2 billion by a "whale" in the bank's London office.
Nasdaq OMX's mishandling of ... |
6e9f3080f9df147c6e88a119668f9f05 | https://www.cnbc.com/2012/05/22/retail-catalogs-survive-the-internetand-thrive.html | Retail Catalogs Survive the Internet—and Thrive | Retail Catalogs Survive the Internet—and Thrive
Online spending may be increasing, but the venerable catalog is doing anything but fading away. In fact, it is still an important part of business for retailers.
“It’s basically a marketing tool,” said retail analyst Eric Beder, a managing director at Brean Murray, Carret... |
5b51dc43211396ed34eab1d10c021095 | https://www.cnbc.com/2012/05/22/sec-needs-to-investigate-facebook-estimate-cut-blodget.html | “I was shocked. I’ve been around the tech IPO business for 20 years and I’ve never heard of anything like this.”That’s what Henry Blodget said on CNBC’s Fast Money Halftime Report, in response to reports that an analyst at Morgan Stanley – one of the IPOs underwriters -- cut Facebook forecasts during its roadshow.Accor... | |
20a10935703c8eb47848fe497ce54cfc | https://www.cnbc.com/2012/05/22/should-you-bet-on-merkels-big-bazooka.html | Should You Bet on Merkel’s Big Bazooka? | Should You Bet on Merkel’s Big Bazooka?
If a deal is going to be struck that avoids a Greek exit from the euro zone and restores confidence in the currency bloc, it is going to have to be big and convincing to markets. As one UK politician put it last week, the German Chancellor needs to fire a “Big Bazooka” if she is ... |
e6f50f13d8cdafeb45c5743763819006 | https://www.cnbc.com/2012/05/22/should-zuckerberg-be-out-defending-facebook.html | Should Zuckerberg Be Out Defending Facebook? | Should Zuckerberg Be Out Defending Facebook?
Mark ZuckerbergGetty Images
Investors to Mark Zuckerberg: Give us a status update on FB!
Aside from the weekend wedding pic, the last time investors saw the social network icon was on Friday morning — just before the rocky debut of his company’s stock. Zuckerberg was high-fi... |
717a9a16ba46b975831db70492319ab8 | https://www.cnbc.com/2012/05/22/silicon-valley-executive-accused-of-lego-thefts.html | Silicon Valley Executive Accused of Lego Thefts | Silicon Valley Executive Accused of Lego Thefts
A Silicon Valley tech executive faces charges after authorities say he put fake bar codes on hundreds of Lego sets at various Target stores so he could buy the toys at steeply discounted prices, then sell them online for thousands of dollars in profits.
TargetRusty Kenned... |
29fee3d9d77b1c2fc7442422f9100774 | https://www.cnbc.com/2012/05/22/stocks-to-watch-bby-azo-mdt-more.html | Stocks to Watch: BBY, AZO, MDT & More | Stocks to Watch: BBY, AZO, MDT & More
Take a look at some of Tuesday's morning movers:
Best Buy - The electronics retailer earned a of $0.72 per share, above estimates of $0.59. Revenues also exceeded estimates, though same store sales fell 5.3 percent during the quarter. Interim CEO Mike Mikan said the company knows... |
d2a105c8d770629b06507bc8a5f4bc03 | https://www.cnbc.com/2012/05/22/stocks-to-watch-dell-fb-ges-more.html | Stocks to Watch: DELL, FB, GES & More | Stocks to Watch: DELL, FB, GES & More
Check out which companies are making headlines after-the-bell Tuesday:
Dell - The IT giant posted earnings of 43 cents a share on revenue of $14.42 billion, missing Wall Street expectations for 46 cents a share on sales of $14.9 billion. In addition, the firm also handed in a disa... |
ee8648ad50dd55dbcc8766dba4d498c1 | https://www.cnbc.com/2012/05/22/subtler-entry-from-masters-of-attack-ads.html | Subtler Entry From Masters of Attack Ads | Subtler Entry From Masters of Attack Ads
WASHINGTON — The ad is the work of two of the most fearsome players in Republican politics: Larry McCarthy, the producer behind the infamous Willie Horton commercial in 1988, and Crossroads GPS, the political battle squad founded by Karl Rove.
Getty
When it makes its debut Wedne... |
a1d45d1d350da1589df9d28a62a3f0e0 | https://www.cnbc.com/2012/05/22/tap-china-consumer-growth-via-prada-apple-pro.html | Tap China Consumer Growth via Prada, Apple: Pro | Tap China Consumer Growth via Prada, Apple: Pro
Investors hoping to cash in on the growth in the Chinese consumer sector should look at China-focused companies that are not listed in the mainland, says one expert.
Man and woman with shopping bags in mallSky View | Photodisc | Getty Images
J. West Riggs, Head of Asia Eq... |
1652a8a2ab49e1feb6aa8c6bf2e4a3a4 | https://www.cnbc.com/2012/05/22/the-warning-signs-behind-facebooks-flop.html | The Facebook IPO | The Facebook IPO
Mark ZuckerbergGetty Images
Facebook shares have plummeted since the company began its much-anticipated life as a publicly-traded firm last Friday.
While trading glitches at the Nasdaq on the company’s opening day are widely seen as contributing to the sell-off, the stock’s lingering shortcomings are r... |
22c9267992724568c0df247e4f8177d0 | https://www.cnbc.com/2012/05/22/threeweek-riskon-rally-to-come-europe-fatally-flawed-cio.html | Three-Week Risk-On Rally to Come; Europe Fatally Flawed: CIO | Three-Week Risk-On Rally to Come; Europe Fatally Flawed: CIO
The markets have been oversold amid intense pessimism and a relief rally will be on its way within the next month, David Murrin, chief investment officer at alternative investment firm Emergent Asset Management, told CNBC’s “Worldwide Exchange”.
Market uptick... |
5aa0525ea7421c0ee50ff828aa4926a9 | https://www.cnbc.com/2012/05/22/us-airways-jet-diverted-due-to-security-issue.html | US Airways Jet Diverted Due to 'Security Issue' | US Airways Jet Diverted Due to 'Security Issue'
A US Airways jetliner flying from Paris to Charlotte, N.C., has been diverted to Maine because of what an airline spokesman describes as a "security issue."
US Airways planesAP
A person briefed on the incident said a passenger announced she had a surgically implanted devi... |
12a725242247dab6b29d3dcf143760ac | https://www.cnbc.com/2012/05/22/us-stocks-ripe-for-bargain-hunters-charts.html | Charting Asia | Charting Asia
Greece drags at every market. We described the Dow several weeks ago as a gecko hanging on a roof, defying gravity. It has hit a slippery spot, and lost its footing. If this creates a major reversal in markets then we are headed for a repeat of 2008. If this is a minor top within an up trend retracement ... |
8b5c8cc2859593175b2bf891de06cb3f | https://www.cnbc.com/2012/05/22/what-small-business-can-learn-from-google.html | What Small Business Can Learn From Google | What Small Business Can Learn From Google
A sign is displayed outside of the Google headquarters in Mountain View, California.Getty Images
When I talk to people about Google and its organizational culture, they are equally fascinated and hopeless, believing that the magic behind Google lies in the deep revenue streams ... |
8a25ba064fcb7cf86ed136cf853d5a60 | https://www.cnbc.com/2012/05/22/will-congress-forge-budget-deal-avoid-fiscal-cliff.html | Will Congress Forge Budget Deal, Avoid ‘Fiscal Cliff’? | Will Congress Forge Budget Deal, Avoid ‘Fiscal Cliff’?
Tim Graham | The Image Bank | Getty Images
As the Congressional Budget Office warned of a recession in the event of a federal fiscal stalemate, two senators appearing on CNBC’s “The Kudlow Report” did little to bridge differences.
“I would want to put Bowles-Simpso... |
a9c4fa5ddd5c1544b67ecd58c255d329 | https://www.cnbc.com/2012/05/23/10-best-treasury-etfs-during-mays-eu-crisis.html | 10 Best Treasury ETFs During May's EU Crisis | 10 Best Treasury ETFs During May's EU Crisis
Safety has its rewards.
Treasury Buildingwoodleywonderworks
Fixed-income investors are once again looking sage-like, as the latest eruption in the EU crisis ravages equities.
The U.S. Treasury market rally, which has pushed yields to yet new historic lows, has come at a time... |
ce6c5e58e2e19d2cbc3f4dbed28e854c | https://www.cnbc.com/2012/05/23/a-fragile-europe-must-change-fast.html | A Fragile Europe Must Change Fast | A Fragile Europe Must Change Fast
I sympathize with the Germans. This is not because I agree with their prevailing view of how the crisis occurred or what to do about it. I sympathize because the German elite were the ones who understood what creating the euro implied. They realized that a currency union could not work... |
e461d69fd8625271ba9c55bd4c6989a9 | https://www.cnbc.com/2012/05/23/airfare-strategies-for-bereavement-and-emergency-travel.html | Airfare Strategies for Bereavement and Emergency Travel | Airfare Strategies for Bereavement and Emergency Travel
It's the type of airline reservation no one likes to make. A family member or loved one is seriously ill or has passed away and you need to travel immediately.
Juanmonino | E+ | Getty Images
A couple of decades ago, airlines used to have generous policies when it ... |
cf309437dd46553756c8bd3a906dec2f | https://www.cnbc.com/2012/05/23/as-us-retailers-retreat-a-japanese-chain-sees-an-opening.html | As US Retailers Retreat, a Japanese Chain Sees an Opening | As US Retailers Retreat, a Japanese Chain Sees an Opening
UniqloEric Piermont | AFP | Getty Images
Many American retailers are cutting back at shopping malls. Chains like Gap Inc., Abercrombie & Fitch, Coldwater Creek and Talbot’s say they have too many stores at too many malls. Hundreds of stores are on the chopping b... |
d6a86b48874711d7203958f6421d98cc | https://www.cnbc.com/2012/05/23/australian-becomes-worlds-richest-woman-mag-says.html | Australian Becomes World’s Richest Woman, Mag Says | Australian Becomes World’s Richest Woman, Mag Says
Gina Rinehart, chairwoman of Hancock Prospecting Pty., attends the Commonwealth Business Forum in Perth, Australia, on Wednesday, Oct. 26, 2011.Bloomberg | Getty
Americans no longer hold claim to the world’s richest people.
First, Bill Gates lost the "world’s richest m... |
0420b0857f974869ace9856673d606ec | https://www.cnbc.com/2012/05/23/bankrate-survey-consumers-more-secure.html | BankRate Survey: Consumers More Secure | BankRate Survey: Consumers More Secure
While it's too early to proclaim that Americans are in a
festive mood about their personal finances, they have finally
crossed the threshold from negative to positive
territory.
CNBC
In May, Bankrate's Financial Security Index hit
more than 100 for the firs... |
50c79cf9f548aa44e2c301c7c13765a9 | https://www.cnbc.com/2012/05/23/beyond-facebook-the-importance-of-likeonomics.html | Beyond Facebook - The Importance of ‘Likeonomics’ | Beyond Facebook - The Importance of ‘Likeonomics’
GUEST AUTHOR BLOG: "How Likeability Can Restore Trust In Business" by Rohit Bhargava author of "Likeonomics: The Unexpected Truth Behind Earning Trust, Influencing Behavior, and Inspiring Action."
Likenomics by Rohit BhargavaSource: Amazon
What if the first thing any bu... |
fb08370aad4121c8e5afe37149c28297 | https://www.cnbc.com/2012/05/23/bond-market-bulls-forever-hopeful.html | Bond Market Bulls Forever Hopeful | Bond Market Bulls Forever Hopeful
The long-running bull market for bondsshould continue this year, albeit with different sectors eventually leading the way.
Treasury bondscontinue to defy bubble predictions, and the Federal Reserve’s position that it will keep rates low through 2013 could extend the Treasury rally a ta... |
aef2f67d1b336dbf808a003738c3e219 | https://www.cnbc.com/2012/05/23/briefwalmarts-ltwmtngt-walmart-us-ceo-says-that-in-less-than-a-year-walmart-express-format-stores-are-turning-profitable.html | BRIEF-Wal-Mart's <WMT.N> walmart U.S. CEO says that in less than a year, walmart express format stores are turning profitable | BRIEF-Wal-Mart's <WMT.N> walmart U.S. CEO says that in less than a year, walmart express format stores are turning profitable
CHICAGO, May 23 (Reuters) - Wal-Mart Stores Inc :
* Mart's walmart U.S. CEO says that in less than a year, walmart
express format stores are turning profitable
* Mart's walmart U.S. CEO sa... |
bdb73c0b1954680ab39085a97da9ea1b | https://www.cnbc.com/2012/05/23/building-a-strategy-for-your-career.html | Building A Strategy For Your Career | Building A Strategy For Your Career
Adapted from “How Will You Measure Your Life?” by Clayton M. Christensen, James Allworth, and Karen Dillon, published May, 2012 by Harper Business, an imprint of HarperCollins.
How Will You Measure Your Life by Clayton M. ChristensenSource: Amazon
I’m always struck by how many of my ... |
1337e9d205c153b6a7e924bb350fd652 | https://www.cnbc.com/2012/05/23/busch-how-to-trade-the-euro-on-an-outside-reversal.html | Money in Motion | Money in Motion
Reichstag Parliment building, Berlin, GermanyMartin Child | Photodisc | Getty Images
Thursday has a large batch of German economic data. Here's how to trade the euro on the news.
Here’s the information for today’s EUR trade. This isn’t a complicated strategy: go with the trend until proven wrong.
Thursd... |
ac29878d2416512d67f933f9eb49a9e5 | https://www.cnbc.com/2012/05/23/call-to-the-floor-hot-topic.html | Shares of teen retailer Hot Topic have been on fire, up more than 40% so far this year. It seems the company’s strategy has paid off. Hot Topic has been tightening up its inventory and focusing on licensed products from major movies including Hunger Games and Avengers.But those movies are both already open. What hot mo... | |
6336075d93090355c7d17ce56e04ccb3 | https://www.cnbc.com/2012/05/23/cnbcs-checkerboard-programming-for-the-week-of-june-4th.html | CNBC'S CHECKERBOARD PROGRAMMING FOR THE WEEK OF JUNE 4TH | CNBC'S CHECKERBOARD PROGRAMMING FOR THE WEEK OF JUNE 4TH
(ALL TIMES ARE IN ET)
Monday, 6/4/2012:
8:00 PM BIOGRAPHY ON CNBC #14 - THE ROCKEFELLERS
9:00 PM
10:00 PM AMERICAN GREED 37 - BANK ROBBING BROKER
12:00 AM BIOGRAPHY ON CNBC #14 - THE ROCKEFELLERS
1:00 AM AMERICAN GREED 37 - BANK ROBBING BROKER
Tuesday, 6/5/2012:
... |
83702630620c1e6dda384713d4663e5b | https://www.cnbc.com/2012/05/23/Colorful-Homes.html | Colorful Homes | Colorful Homes
Some homeowners prefer a subdued white modern look, and others go for wood, stone, or other rustic materials. But some brave souls who prefer to live the rainbow dress up their homes in bold shades. Many of these brightly hued abodes are in seaside areas that are already long on color with the abundance ... |
8ee1301dc721373bc18798d1f4faa802 | https://www.cnbc.com/2012/05/23/copper-etf-plan-would-wreak-havoc.html | Copper ETF Plan Would ‘Wreak Havoc’ | Copper ETF Plan Would ‘Wreak Havoc’
US manufacturers have attacked plans by JPMorgan Chase to launch an exchange-traded fund backed by physical copper, arguing that the product would “grossly and artificially inflate prices” and “wreak havoc on the US and global economy”.
Reel of uninsulated copper wireCharles D Winter... |
619eb1eb36e02b2497b06134d8da3f7b | https://www.cnbc.com/2012/05/23/dennis-gartman-irrational-selling-driving-commodities-lower.html | Looking at the sell-off in gold , copper and other commodities, strategic investor Dennis Gartman says, it feels like the market is growing irrational.As oil slipped below $90, Gartman told us that a week ago he’d would have been hard pressed to think there was more downside.
But no more.“The markets are growing irrat... | |
9a4e1538bae961f11b16f2450d330152 | https://www.cnbc.com/2012/05/23/dunkelberg-the-real-banking-crisis-theyre-too-big-to-manage.html | Dunkelberg: The Real Banking Crisis - They're Too Big to Manage | Dunkelberg: The Real Banking Crisis - They're Too Big to Manage
Although I strongly disagree with Jamie Dimon about the value of large banks, I am disturbed about the furor that has swelled up in Congress over the .
After tossing away $20 billion on GM , it is hard to get too riled up about a $2 billion loss (of privat... |
a9043619e953006c66a7994d7bf59107 | https://www.cnbc.com/2012/05/23/economic-uncertainty-to-weigh-on-china-stocks.html | Economic Uncertainty to Weigh on China Stocks | Economic Uncertainty to Weigh on China Stocks
China stocks may trade lower on Thursday, weighed down by uncertainties about the global economy and China's own fiscal policy response.
Shanghai stock exchangeXu Changzheng | ChinaFotoPress | Getty Images
The Shanghai Composite fell 0.42 percent to end at 2363.44 on Wednes... |
cb6a1828c8903f8118e791e439783b53 | https://www.cnbc.com/2012/05/23/eu-seen-agreeing-on-project-bondsnot-eurobonds.html | EU Seen Agreeing on Project Bonds—Not Eurobonds | EU Seen Agreeing on Project Bonds—Not Eurobonds
European leaders meet in Brussels this evening for an informal dinner being billed as a showdown between German Chancellor Angela Merkel and French President Francois Hollande over the tricky issue of Eurobonds — bonds issued by the European Union and backed by euro zone ... |
cada2fa585c671bf462cfe6ebe1343e0 | https://www.cnbc.com/2012/05/23/euro-slides-risk-currencies-retreat-as-europe-worries-mount.html | Money in Motion | Money in Motion
Worries about Greece sap risk appetite as the euro slides and the dollar soars - it's time for your FX Fix.
Mounting worries about a disorderly Greek exit from the euro zone and doubts about the outcome of an sent the euro to a 21-month low. [CNBC]
Those worries sent the dollar index to a 20-month high... |
59385b1a0cf4d7f5797a890ca031527d | https://www.cnbc.com/2012/05/23/euro-zone-crisis-heating-back-up-as-leaders-argue.html | Euro Zone Crisis Heating Back Up as Leaders Argue | Euro Zone Crisis Heating Back Up as Leaders Argue
With Greece’s membership in the euro zone teetering, fears of bank insolvency rising and Europe’s leaders bickering about what to do, the euro crisis is once again intensifying and threatening to undermine fragile growth globally.
Francois Hollande, France's president, ... |
614c8c70245ca4e9937687c30be82408 | https://www.cnbc.com/2012/05/23/european-shares-to-open-sharply-lower-on-euro-crisis.html | European Shares to Open Sharply Lower on Euro Crisis | European Shares to Open Sharply Lower on Euro Crisis
European shares were called to open lower sharply lower on Wednesday as investor caution replaced hope ahead of an unofficial European Union summit in Brussels to discuss policy responses to the euro zone crisis.
European Central BankTravelpix Ltd | Photographer's Ch... |
835016b109099b61a082ecaf07c9d44f | https://www.cnbc.com/2012/05/23/facebook-coo-sheryl-sandberg-goes-back-to-harvard.html | The Facebook IPO | The Facebook IPO
Sheryl Sandberg, Chief Operating Officer of Facebook.Moritz Hager | World Economic Forum
Harvard Business School MBA candidates are preparing to hear from one of the school's most high profile alumnus -- .
She's the "Class Day" speaker ahead of graduation tomorrow. Unlike FacebookCEO Mark Zuckerberg, w... |
f62f295e6ba2e0ad726085ffe52cfb79 | https://www.cnbc.com/2012/05/23/facebook-forecast-scandals-big-question-insider-trading.html | Facebook Forecast Scandal's Big Question: Insider Trading? | Facebook Forecast Scandal's Big Question: Insider Trading?
The Facebook scandal du jour is the news that analysts at all three lead underwriters cut earnings estimates for the social network sometime during the road show.
Facebook flag at JP MorganPhoto by Jodi Gralnick for CNBC.com
The legal rules about selective dis... |
0c72f54679d116056032bdac5bf87cc6 | https://www.cnbc.com/2012/05/23/facebook-shortsellers-in-front-of-freight-train-analyst.html | Facebook Short-Sellers in Front of ‘Freight Train’: Analyst | Facebook Short-Sellers in Front of ‘Freight Train’: Analyst
Facebook IPOEmmanuel Dunand | AFP | Getty Images
Investors looking to short Facebook stock are getting “in front of a freight train,” analyst Laura Martin of Needham & Co. told CNBC.
Martin initiated coverage of Facebook Wednesday with a “buy” rating and a $40... |
598fa87e557ab29151344378c3bde26b | https://www.cnbc.com/2012/05/23/facebooks-coo-sheryl-sandberg-to-harvard-grads-can-you-click-on-an-ad-or-two.html | Facebook's COO Sheryl Sandberg to Harvard Grads: ‘Can You Click On an Ad or Two’ | Facebook's COO Sheryl Sandberg to Harvard Grads: ‘Can You Click On an Ad or Two’
Sheryl SandbergGetty Images
Harvard Business School's graduating class was eager to hear what Sheryl Sandberg would say about Facebook's IPO, in her Class Day Speech at Harvard Business School.
(She graduated from Harvard back in 1995, whe... |
efff11d36432c5f042322f630e2dd0d6 | https://www.cnbc.com/2012/05/23/finding-upside-in-europe.html | Finding Upside in Europe | Finding Upside in Europe
Fast Money Portfolio
Amid all the woes, could there be a silver lining to the EU financial crisis?Quite possibly.Most investors are understandably focused on the negative – that is the pressing political issues in Greece and the potential of a chaotic exit from the EU. Considering the potential... |
3c8c00e97668af33fd3fc6974840f7cd | https://www.cnbc.com/2012/05/23/freeport-mcmoran-jpmorgan-and-other-tradable-movers.html | Following are moves you might have missed. Find out what’s going up, what’s going down and whether our traders would double down, fade or run in the other direction!Freeport McMoRanThe catalyst: With the spot price of copper tumbling, investors may have been using Freeport McMoRan as a proxy for the red metal. The trad... | |
a7db317167e314f4b7af0b7446b4b6a0 | https://www.cnbc.com/2012/05/23/gold-loses-its-hold-over-haven-hunters.html | Gold Loses Its Hold Over Haven Hunters | Gold Loses Its Hold Over Haven Hunters
At gold dealerships such as Manfra, Tordella & Brookes in downtown Manhattan, the phones have been ringing off the hook for the past four years.
Gold coins and barGazimal | Iconica | Getty Images
When Lehman Brothers declared bankruptcy in September 2008, investors rushed to buy g... |
a0512dabbb89b5a7cf82a272a48f021b | https://www.cnbc.com/2012/05/23/gold-standard-for-your-ira-little-bit-goes-a-long-way.html | Gold Standard for Your IRA: Little Bit Goes a Long Way | Gold Standard for Your IRA: Little Bit Goes a Long Way
GoldAnthony Bradshaw | Photographer's Choice RF | Getty Images
Gold bugs have ruled the money world for more than a decade as their favorite investment topped every other asset category since 2000.
But 2012 has been tough for precious metals enthusiasts, especially... |
c0a47c3979ee4a4117d54131a6927835 | https://www.cnbc.com/2012/05/23/greek-businesses-fear-possible-return-to-drachma.html | Greek Businesses Fear Possible Return to Drachma | Greek Businesses Fear Possible Return to Drachma
For the last couple of weeks, the phone at Tasos Ioannidis’s five-star hotel on the breezy island of Mykonos has been ringing steadily, but not with the types of inquiries he wants to field.
European Bank NoteSabine Scheckel | Image Bank | Getty Images
“People are saying... |
73fe00f2f353e674deca51e0dc330f35 | https://www.cnbc.com/2012/05/23/how-banks-cash-in-on-flailing-facebook-shares-accidentally.html | The Facebook IPO | The Facebook IPO
Despite Facebook’s trading flop, underwriters on the deal, led by Morgan Stanley, are in line to turn a potentially substantial profit through a trading mechanism designed to stabilize the share price, according to people familiar with the matter.
A sign outside of the Nasdaq Marketsite in Times Square... |
700265078de2fc63a8d2eb5a20fd2f83 | https://www.cnbc.com/2012/05/23/how-to-get-fired-from-goldman-sachs.html | How to Get Fired From Goldman Sachs | How to Get Fired From Goldman Sachs
Goldman SachsSource: goldmansachs.com
Has Goldman Sachs been firing first-year analysts for landing jobs with private-equity firms?
Yesterday (Tuesday), Bess Levin of DealBreaker quoted an unnamed source claiming that Goldman had fired “a bunch” of investment banking first-years who ... |
acf67bb4d445356ae1c52bd7c52862ad | https://www.cnbc.com/2012/05/23/how-to-trade-the-euros-slide.html | Money in Motion | Money in Motion
Mike Kemp | Getty Images
As Greece's problems mount, the euro has been breaching new levels, but this strategist says it's no time to be contrarian.
It wasn't all that long ago that the euro was stuck in a tight trading range, confounding investors - but you wouldn't know that today. At under 1.26, the... |
2ffda3eb646a1fc8d471cb75921fd23b | https://www.cnbc.com/2012/05/23/hp-beats-on-earnings-announces-layoffs-of-27000.html | HP Beats on Earnings, Announces Layoffs of 27,000 | HP Beats on Earnings, Announces Layoffs of 27,000
Hewlett-Packardbeat on earnings and announced plans to lay off 27,000 employees, or 8% of its workforce. Its third-quarter outlook fell short of expectations but its full-year topped the consensus.
Hewlett PackardAP
Shares of the world's No. 1 personal computer maker r... |
d3dd79ae8049cf2e411d993f654ee962 | https://www.cnbc.com/2012/05/23/last-call-facebook-ipo-forensic-examination-begins.html | Last Call: Facebook IPO Forensic Examination Begins | Last Call: Facebook IPO Forensic Examination Begins
facebookTed Aljibe | AFP | Getty Images
You know, you really don't need a forensics team to get to the bottom of this. If you guys were the inventors of Facebook, you'd have invented Facebook.
Mark Zuckerberg in “The Social Network”
-Tonight, the financial forensics t... |
105d681a58bcc63ddb728d92b4ef094f | https://www.cnbc.com/2012/05/23/lightning-round-seadrill-incyte-titan-international-and-more.html | SeaDrill : While this oil and gas company's stock sports a 8.9 percent dividend yield, Cramer thinks the price of oil could fall further. So he wouldn't buy this stock right now.
Hewlett-Packard : Before making a call on this stock, Cramer would like to review this technology company's earnings results.
Lithia Motors :... | |
e9226ae9304bfa8978464b8373faace5 | https://www.cnbc.com/2012/05/23/next-stop-for-oil-8855.html | Wondering how much lower oil can fall? How about $88.55.Top energy trader Addison Armstrong says the next key technical level to watch is $88.55, a Fibanocci level. “It’s the 61% retracement of the October to March rally,” says Armstrong.And moves in the dollar/euro cross could provide valuable insights as you try to ... | |
5ce4f318a3ff315b394211f0b4db4a22 | https://www.cnbc.com/2012/05/23/pack-the-frugality.html | Pack the Frugality | Pack the Frugality
Companies are sending their employees on the road again. But with travel costs almost back to where they were before the recession, companies are trying various tacks to control spending.
Compassionate Eye Foundation | Getty Images
About a fifth of business travelers operate under mandated travel pro... |
9a717c110281feee2f679fe1f29b608c | https://www.cnbc.com/2012/05/23/piers-morgan-warned-uk-tv-star-over-phone-security.html | Piers Morgan Warned UK TV Star Over Phone Security | Piers Morgan Warned UK TV Star Over Phone Security
CNN celebrity interviewer Piers Morgan explained at a lunch party years ago how mobile phones can be , UK newsreader Jeremy Paxman told the Leveson Inquiry on Wednesday.
Piers MorganGetty Images
Testifying at the UK’s inquiry into the culture, practices and ethics of t... |
bfcc3b1d3cd72afd63be3a90f27bacda | https://www.cnbc.com/2012/05/23/prada-to-benefit-as-chinese-buyers-turn-sophisticated.html | Prada to Benefit as Chinese Buyers Turn 'Sophisticated' | Prada to Benefit as Chinese Buyers Turn 'Sophisticated'
As the high-end Chinese consumer becomes more discerning in a slowing luxury goods market, analysts say Hong Kong-listed Italian fashion house Prada canface up to the challenge given its attractive product mix and store expansion plans, forecasting huge gains for ... |
6bc280e2ec2ac26dd479f904db5551cc | https://www.cnbc.com/2012/05/23/romney-promises-unemployment-down-to-6-in-4-years.html | Election 2012 | Election 2012
Mitt RomneyGetty Images
Mitt Romney said he would bring the unemployment rate down to 6 percent in four years as president, in an interview with Time magazine.
"I can't possibly predict precisely what the unemployment rate at the end of one year, but I can tell you in a period of four years by virtue of t... |
5b0f5eb0df71a3fe263bf8e19260101b | https://www.cnbc.com/2012/05/23/shareholders-may-bust-up-jpmorgan-analyst.html | Shareholders May Bust Up JPMorgan: Analyst | Shareholders May Bust Up JPMorgan: Analyst
JPMorganChase Photo by: Salim Virji
KBW analyst David Conrad on Tuesday said that JPMorgan Chase could be broken up if stock price multiples remain low over the long term.
Konrad said that his firm did not think that JPMorgan CEO James Dimon was “going anywhere soon,” in the w... |
5a5cf40e52dea295e7b490f15bd3c94c | https://www.cnbc.com/2012/05/23/sign-of-the-times-car-buyers-stretch-on-loans.html | Sign of the Times? Car Buyers Stretch on Loans | Sign of the Times? Car Buyers Stretch on Loans
As auto sales grow so is the length of time consumers are taking to pay for their new car or truck.
Marc Romanelli | Riser | Getty Images
Experian Automotive analyzed the nearly five million auto loans written in the first quarter of this year and found the average length ... |
14db199683e730bba920dcddd29b83d5 | https://www.cnbc.com/2012/05/23/spanish-banks-may-need-more-government-cash-sp.html | Spanish Banks May Need More Government Cash: S&P | Spanish Banks May Need More Government Cash: S&P
Spanish banks are likely to need more money from the government to make sure they are well capitalized, Moritz Kraemer, head of European Sovereign ratings at S&P, told CNBC on Wednesday.
Late on Monday, the Institute of International Finance (IIF) warned that under a wor... |
3e61f66a095ce860a77632a521e9df27 | https://www.cnbc.com/2012/05/23/stocks-to-watch-big-hrl-tol-more.html | Stocks to Watch: BIG, HRL, TOL & More | Stocks to Watch: BIG, HRL, TOL & More
Take a look at some of Wednesday's morning movers:
Big Lots - The retailer reported first-quarter profit of $0.68 per share, excluding certain items, one cent shy of estimates. It also cut its full year forecast to $3.25 to $3.40 per share, versus the prior forecast of $3.63 to $3... |
f24ec669bdf7d900106102c340e0bf36 | https://www.cnbc.com/2012/05/23/three-stocks-for-thursday.html | Looking for more Fast Money trades? The Fast Pros have three stocks on their radar Thursday. Are they on yours?Jakks PacificKaren Finerman suggests closely watching developments with Jakks. “Thursday is the last day to trade before an expected self-tender offer. That tender, I think, will begin on Friday. I’d own it ri... | |
21d00d082650b8279eb563b3b63e364d | https://www.cnbc.com/2012/05/23/traders-expect-europe-to-grab-the-wheel-again.html | Traders Expect Europe to Grab the Wheel Again | Traders Expect Europe to Grab the Wheel Again
Europe will likely hijack control of global markets again Thursday.
European Central BankGetty Images
“The Street would love to trade on the relative strength of our current economic landscape. It’s significantly more encouraging than looking overseas to Europe. Europe has ... |
b12a5d91cf40882fe1e108332e3af544 | https://www.cnbc.com/2012/05/23/why-facebook-stock-may-have-hit-a-bottom.html | Why Facebook Stock May Have Hit a Bottom | Why Facebook Stock May Have Hit a Bottom
Facebook IPOEmmanuel Dunand | AFP | Getty Images
Facebook stock, which closed Tuesday down more than 26 percent from the initial public offering price, may be hitting something of a bottom.
Shares rose more than 3 percent to close at $32.00 on Wednesday after an the shares as a... |
d5afc4b9fc4f7f64fe26638d5a052fd3 | https://www.cnbc.com/2012/05/23/would-you-buy-a-eurobond-not-the-beall-endall.html | Would You Buy a Eurobond? 'Not the Be-All End-All' | Would You Buy a Eurobond? 'Not the Be-All End-All'
Eurobonds may be hailed by some as a potential solution to the Greek debt crisis, but likely would be met by skepticism in the open market.
Euro bills at teller windowAP
Issuing Eurobondsbacked by the 17 euro-zone member nations would be aimed at lower rates to decreas... |
75a0cba900bad24a573a75cd1cfb3543 | https://www.cnbc.com/2012/05/23/your-first-move-for-thursday-may-24th.html | Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.Josh Brown is a buyer of the SDY on the thesis that dividend payers have been oversold. Mike Khouw recommends longUnitedHealth ahead of an upcoming Supreme Court ruling on health care.Tim Seymour suggest longRSX due to his belief i... | |
826b357cee64da3c2a7be141705a425a | https://www.cnbc.com/2012/05/24/15-Minutes-of-Fame-Athletes.html | '15 Minutes of Fame' Athletes | '15 Minutes of Fame' Athletes
In 1968, pop artist Andy Warhol said: "In the future, everyone will be world-famous for 15 minutes." Unlike most of his art, the saying found a foothold in pop culture, and to this day it’s commonly used to describe the here-today-gone-tomorrow status of many celebrities.Like reality show ... |
1afab44df85eeb4996a3ad5d05fff584 | https://www.cnbc.com/2012/05/24/a-machiavellian-scheme-for-a-united-states-of-europe.html | A Machiavellian Scheme for a United States of Europe? | A Machiavellian Scheme for a United States of Europe?
Ever wondered why European politicians appear so calm when attending summits in Brussels or G8 meetings despite all the talk of a “Grexit” and economic Armageddon? They could be trying to show their confidence in their own ability to solve the crisis and avoid unnec... |
22a463621de9b7f81c46deb5e5b0dfff | https://www.cnbc.com/2012/05/24/airlines-taking-flight.html | If you’re a trader, JPMorgan suggests getting on board with the airlines, pronto. They say the group is about to take-off! Although the team of 3 analysts cited improved demand and capacity discipline, the driving catalyst behind the call was sharply lower fuel prices. "Jet fuel prices have collapsed roughly 40 cents p... | |
32196e1e764b01af1c71522422eb7920 | https://www.cnbc.com/2012/05/24/alaska-air-debuts-do-it-yourself-bag-tagging.html | Alaska Air Debuts 'Do It Yourself' Bag Tagging | Alaska Air Debuts 'Do It Yourself' Bag Tagging
Checking your bags just got a little more "do it yourself" for Alaska Airlines flyers at Seattle-Tacoma International Airport.
Alaska AirlinesAP
The airline debuted self-bag tagging for travelers flying out of Sea-Tac on Tuesday after a successful trial of the process in 2... |
2951cbfb441cf9e106741ece57d0930e | https://www.cnbc.com/2012/05/24/american-announces-new-aircraft-routes-cabin-upgrades.html | American Announces New Aircraft Routes, Cabin Upgrades | American Announces New Aircraft Routes, Cabin Upgrades
American Airlines on Wednesday announced routes for its new Boeing 777-300ER. The aircraft will feature cabin-space upgrades, including an all-new business class, and is part of American's larger strategy to refresh its international travel experience.
American Air... |
54b29cfa2531538aeb0e3b5c87599374 | https://www.cnbc.com/2012/05/24/are-investors-running-out-of-safe-havens-to-put-money.html | Are Investors Running Out of Safe Havens to Put Money? | Are Investors Running Out of Safe Havens to Put Money?
Amid all the challenges facing the markets — Greece, Facebook, JPMorgan — investors face an even larger potential problem: They soon could be running out of traditional safe havens for their money.
CNBC/Getty Images
Much has been made recently of how goldno longer ... |
6d9811bd65b39081d9cab4ad7acdbc5a | https://www.cnbc.com/2012/05/24/breaking-news-from-cnbcs-kate-kelly-blackrock-has-increased-stake-in-chesapeake-dramatically-in-last-ten-days.html | BREAKING NEWS FROM CNBC’S KATE KELLY: BLACKROCK HAS INCREASED STAKE IN CHESAPEAKE DRAMATICALLY IN LAST TEN DAYS | BREAKING NEWS FROM CNBC’S KATE KELLY: BLACKROCK HAS INCREASED STAKE IN CHESAPEAKE DRAMATICALLY IN LAST TEN DAYS
ALL REFERENCES MUST BE SOURCED TO CNBC.
Video: Breaking News: BlackRock Now Has 4-5 Million Shares of Chesapeake
KATE KELLY: SO INTERESTING WE ARE SEEING A LITTLE BIT OF A SNAP BACK HERE ON SORT OF A BULLISH ... |
05cc13c90dcf1782e92b5fd2df9acf67 | https://www.cnbc.com/2012/05/24/breaking-news-from-cnbcs-scott-wapner-nyse-accelerating-efforts-to-talk-to-companies-going-public-source.html | BREAKING NEWS FROM CNBC’S SCOTT WAPNER: NYSE ACCELERATING EFFORTS TO TALK TO COMPANIES GOING PUBLIC - SOURCE | BREAKING NEWS FROM CNBC’S SCOTT WAPNER: NYSE ACCELERATING EFFORTS TO TALK TO COMPANIES GOING PUBLIC - SOURCE
ALL REFERENCES MUST BE SOURCED TO CNBC.
SCOTT WAPNER: SOME MORE COLOR ON EXACTLY WHAT IS GOING ON BEHIND THE SCENES AT THE FACEBOOK FALLOUT CONTINUES THIS FROM THE NEW YORK STOCK EXCHANGE ACCORDING TO A SOURCE A... |
fafe37a1fc1f4d02e8509aac911065ec | https://www.cnbc.com/2012/05/24/breaking-news-from-cnbcs-scott-wapner-sources-to-cnbc-nasdaq-making-aggressive-push-to-stem-facebook-damage.html | BREAKING NEWS FROM CNBC’S SCOTT WAPNER: SOURCES TO CNBC – NASDAQ MAKING AGGRESSIVE PUSH TO STEM FACEBOOK DAMAGE | BREAKING NEWS FROM CNBC’S SCOTT WAPNER: SOURCES TO CNBC – NASDAQ MAKING AGGRESSIVE PUSH TO STEM FACEBOOK DAMAGE
ALL REFERENCES MUST BE SOURCED TO CNBC.
SCOTT WAPNER: OBVIOUSLY OVER THE LAST SEVERAL DAYS THERE HAS BEEN SO MUCH SPECULATION ABOUT THE FALLOUT FROM THE FACEBOOK IPO AND WHAT ULTIMATELY IT COULD MEAN FOR THE ... |
1bc6bba7ed42e0f10f42443936d49df6 | https://www.cnbc.com/2012/05/24/call-to-the-floor-imax-summer-of-sizzle.html | Hope you can stand the heat. We're hearing the summer blockbuster season at Imax Theaters is gonna’ be a scorcher.We know that’s a pretty bold prediction considering two springtime hits, Avengers and The Hunger Games, generated nearly $76 million for Imax.But we're hearing the pipeline of blockbusters is unprecedented.... | |
11ab92555949cbfdf6c6e2ccaa8225dd | https://www.cnbc.com/2012/05/24/changing-your-business-model-when-tweaks-are-not-enough.html | Changing Your Business Model When Tweaks Are Not Enough | Changing Your Business Model When Tweaks Are Not Enough
GUEST AUTHOR BLOG: From Tweaks to Transformation by Saul Kaplan author of, "The Business Model Innovation Factory: How to Stay Relevant When The World is Changing."
The Business Model Innovation FactorySource: Amazon.com
Sometimes tweaks aren’t enough.
Sometimes n... |
2f6949f31a3317332cdfd8a84262c07c | https://www.cnbc.com/2012/05/24/cramers-3-stocks-to-avoid.html | The volatile market environment has provided investors the opportunity to buy some stocks at discount, said Jim Cramer on CNBC’s “Mad Money.” After all, quality stocks are sometimes brought down with the overall market when they should probably be trading at higher levels, Cramer said. Investors should be careful, thou... | |
9c8a300e8aee10ca12eaeb1a6625d715 | https://www.cnbc.com/2012/05/24/drones-take-flight-for-civilian-use.html | Drones Take Flight For Civilian Use | Drones Take Flight For Civilian Use
AeroVironment's Raven droneSource: avinc.com
As the two longest wars in American history come to a close, and defense spending decelerates, defense contractors are quickly devising ways to alter their war-time technology for commercial and civilian use.
One technology that is already... |
b542c82d688c54e51480e7e8fea1923e | https://www.cnbc.com/2012/05/24/euro-slides-yen-lifts-rupee-keeps-falling.html | Money in Motion | Money in Motion
Economic woes dog the euro and hound the pound - it's time for your FX Fix.
The euro zone's economic contraction deepened in May and a German business survey suggested the weakness is affecting even the stronger countries. [WSJ]
The darker economic outlookin Germany and the euro zone sent the euro to a ... |
6f4817c8151919af645ed51a5b02602e | https://www.cnbc.com/2012/05/24/facebook-and-morgan-stanleys-99-problems.html | Facebook and Morgan Stanley's 99 Problems | Facebook and Morgan Stanley's 99 Problems
Facebook IPO papersBloomberg via Getty Images
Facebook suddenly spikes at the close on a surge in volume, ending above $33. Yesterday (Wednesday) it's up almost exactly $1, today it's up almost exactly $1.
Looks like suddenly FB has acquired a friend of the court, doesn't it? ... |
8ff141555245077da3633014a853cb30 | https://www.cnbc.com/2012/05/24/facebook-releases-a-photocentric-app-for-apple-devices.html | Facebook Releases a Photocentric App for Apple Devices | Facebook Releases a Photocentric App for Apple Devices
FacebookKainaz Amaria | Bloomberg | Getty Images
Facebook on Thursday announced a new application for the iPhone and iPod Touch called Facebook Camera , which is intended to make it easier to take pictures and share them on Facebook.
Dirk Stoop, a Facebook product ... |
8b970013a8c95b3bb3595e4007fd594f | https://www.cnbc.com/2012/05/24/for-hospitals-and-insurers-new-fervor-to-cut-costs.html | For Hospitals and Insurers, New Fervor to Cut Costs | For Hospitals and Insurers, New Fervor to Cut Costs
Giselle Fernandez is only 17 but she has had more than 50 operations since she was born with a rare genetic condition. She regularly sees a host of pediatric specialists, including an ophthalmologist, an endocrinologist and a neurologist at UCLA Health System. Her car... |
06af89dc22f3623131f274b859f53761 | https://www.cnbc.com/2012/05/24/fraud-whistleblowers-uncle-sam-wants-you.html | Fraud Whistleblowers: Uncle Sam Wants You | Fraud Whistleblowers: Uncle Sam Wants You
U.S. authorities are ratcheting up their investigation of residential mortgage-backed securities — the bundles of mortgages that were at the heart of the 2008 financial crisis. And they are appealing to the public for help.
Department of JusticeGetty Images
The Justice Departme... |
6ea1d700d5f030fb810fe046220c2fdf | https://www.cnbc.com/2012/05/24/germany-island-of-happiness-no-more-confidence-falls.html | Germany ‘Island of Happiness’ No More; Confidence Falls | Germany ‘Island of Happiness’ No More; Confidence Falls
German business confidence came in lower than expected in May, adding to bad news from the euro zone's paymaster and knocking both and the lower on Thursday.
Brandenburg Gate, BerlinNikada | Vetta | Getty Images
The Ifo business climate index — which starts from... |
4ba39618dffd2e355538e6f4776e0553 | https://www.cnbc.com/2012/05/24/global-economy-very-different-to-2008-ceo.html | Global Economy ‘Very Different to 2008’: CEO | Global Economy ‘Very Different to 2008’: CEO
There has been no global recession but negative sentiment and maximum uncertainty are clouding the reality of the situation, Frank Appel, Deutsche Post’s CEO told CNBC on “Worldwide Exchange.”
“I have found in the past three years that what the majority says usually doesn’t ... |
879846fd2733736d551c7ad864870d61 | https://www.cnbc.com/2012/05/24/greece-to-exit-euro-new-currency-to-fall-60-citi.html | Greece to Exit Euro, New Currency to Fall 60%: Citi | Greece to Exit Euro, New Currency to Fall 60%: Citi
Greece will leave the euro zone next year and the country's new currency will "immediately fall by 60 percent," according to Citi chief economist Willem Buiter.
Image Source | Getty Images
Greek officials have repeatedly stressed that the country will be running out o... |
8f25f6f9e189398f7e7b745500ba6a14 | https://www.cnbc.com/2012/05/24/growing-subprime-auto-loans-new-troubles-for-automakers.html | Growing Sub-Prime Auto Loans - New Troubles for Automakers? | Growing Sub-Prime Auto Loans - New Troubles for Automakers?
Marc Romanelli | Riser | Getty Images
After reporting the growth in auto loansto borrowers who do not have prime credit scores, I heard from a number of people who think this is bad news.
Essentially, their concern is that auto dealers writing more loans for t... |
7ec7d1c6de238d1f641d8e82eed2920d | https://www.cnbc.com/2012/05/24/intel-eyes-future-with-computers-that-learn.html | Intel Eyes Future With Computers That Learn | Intel Eyes Future With Computers That Learn
Getty Images
Intel is launching research in Israel into technology that mimics the human brain and develops devices that "learn" about their user.
"Machine learning is such a huge opportunity," Justin Rattner, Intel's chief technology officer, told reporters in Tel Aviv.
"Des... |
044f59227703d672eef9d0a78cc40fec | https://www.cnbc.com/2012/05/24/laouchez-leadership-in-financial-services-missing-in-action.html | Laouchez: Leadership in Financial Services — Missing in Action? | Laouchez: Leadership in Financial Services — Missing in Action?
Jon Feingersh | Getty Images
The financial services industry appears to be in a permanent state of turmoil, with damaging headlines appearing almost daily. So perhaps it’s not surprising that for the first time ever, not one financial services firm is amon... |
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