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https://www.cnbc.com/2012/05/24/merkel-on-defensive-amid-fresh-calls-for-bonds.html
Merkel on Defensive Amid Fresh Calls for Bonds
Merkel on Defensive Amid Fresh Calls for Bonds The pressure for Germany to reverse its defiant course on issuing euro bonds continued to grow on Tuesday, one day before a dinner meeting of European leaders. But German officials remained adamant that there was no way they would bend on collective debt, even if the new F...
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https://www.cnbc.com/2012/05/24/nasdaq-seeks-to-stem-damage-from-facebook-ipo-source.html
The Facebook IPO
The Facebook IPO Nasdaqexecutives are making an aggressive, behind the scenes push to stem the damage from the FacebookIPO, CNBC has learned. Ben Hider | Getty Images A source with direct knowledge of Nasdaq’s efforts says executives have made “dozens and dozens” of phone calls over the past several days to bankers, f...
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https://www.cnbc.com/2012/05/24/recordlow-mortgage-rates-basement-for-sellers.html
Record-Low Mortgage Rates: Basement for Sellers?
Record-Low Mortgage Rates: Basement for Sellers? Remember when a six percent mortgage seemed like a bargain? That is a piece of ancient history from Year One BC (Before the Collapse — also known as 2007 AD). At the end of the Bush Administration, rates below 7 percent were something of a bargain. This chart, from the h...
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https://www.cnbc.com/2012/05/24/rumors-of-bank-intervention-stir-euro-markets.html
Rumors of Bank Intervention Stir Euro Markets
Rumors of Bank Intervention Stir Euro Markets surprised many on Thursday by rallying despite bad economic news and gloom over Greece. European Central BankGetty Images One explanation for the rally is a widely circulating rumor across trading desks speculating about the possibility of joint intervention by central bank...
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https://www.cnbc.com/2012/05/24/sec-sanctions-former-staffer-accused-of-thwarting-stanford-probe.html
SEC Sanctions Former Staffer Accused of Thwarting Stanford Probe
SEC Sanctions Former Staffer Accused of Thwarting Stanford Probe Allen StanfordGetty Images A former regional enforcement director with the Securities and Exchange Commission who allegedly derailed repeated attempts to investigate convicted Ponzi schemer Allen Stanford and then tried to represent Stanford in private pr...
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https://www.cnbc.com/2012/05/24/stocks-to-watch-chk-pay-more.html
Stocks to Watch: CHK, PAY & More
Stocks to Watch: CHK, PAY & More Check out which companies are making headlines after the bell Thursday: Chesapeake - Blackrock has increased its stakein the energy company by at least 4 million to 5 million shares, according to sources. Chesapeake gained in extended-hours trading. (Click here for after-hours quote.)...
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https://www.cnbc.com/2012/05/24/stocks-to-watch-tif-fb-hpq-p-more.html
Stocks to Watch: TIF, FB, HPQ, P & More
Stocks to Watch: TIF, FB, HPQ, P & More Take a look at some of Thursday's morning movers: Tiffany - The luxury goods retailer reported quarterly profit of $0.64 per share, excluding certain items, five cents below estimates. It also cut its full-year outlook on declining sales growth expectations. Facebook - Lawsuits ...
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https://www.cnbc.com/2012/05/24/strategy-on-rivals-career-holds-pitfalls-for-president.html
Strategy on Rival’s Career Holds Pitfalls for President
Strategy on Rival’s Career Holds Pitfalls for President Last week, a few dozen hedge fund and investment executives arrived at the Park Avenue home of Hamilton E. James, president of the private equity firm Blackstone. Each had paid $35,800 to spend two hours at a fund-raiser with President Obama, but the timing proved...
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https://www.cnbc.com/2012/05/24/tech-is-trying-to-tell-you-something-terranova.html
Tech was the worst performing sector on Thursday and trader Joe Terranova says investors should take heed.He thinks it's signaling something big. First he's troubled by the negative price action. This year tech had led advances, not only as investors bet on the future but also as a beneficiary of high unemployment as c...
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https://www.cnbc.com/2012/05/24/the-big-thing-thats-costing-your-company-employees.html
The Big Thing That's Costing Your Company Employees
The Big Thing That's Costing Your Company Employees Getty Images Companies lose almost one-quarter of all new employees within a year, a new study shows. But they can’t place the blame on external factors such as the economy, demographics or cultural trends, human resource experts say. Companies need to look within at ...
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https://www.cnbc.com/2012/05/24/treasurys-only-option-as-greece-roils-markets-gross.html
Treasurys Only Option as Greece Roils Markets: Gross
Treasurys Only Option as Greece Roils Markets: Gross Investors have little choice now but to cling to low-yielding U.S. government debt as European leaders ponder a messy Greek exit from the euro zone, Pimco's Bill Gross told CNBC. Bill GrossScott Eells | Bloomberg | Getty Images Despite its own debt mess that has the ...
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https://www.cnbc.com/2012/05/24/we-support-eurobonds-eu-commission-official.html
We Support Eurobonds: EU Commission Official
We Support Eurobonds: EU Commission Official Joint bonds issued by the euro zone, also known as Eurobonds, are one of the possible solutions to Europe’s debt crisis, Joaquin Almunia, vice president of the European Commission told CNBC, “but many conditions would have to be met” before they are introduced. European Unio...
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https://www.cnbc.com/2012/05/24/when-oil-finds-support-so-will-stocks-pro.html
If you’re ignoring the energy trade right now, you may be making a huge mistake.So says top trader Dan Dicker of MercBloc. He thinks moves in oil could be very informing -  not only for playing related stocks but the entire market!“For the past two years, the bottom in energy has coincided with the bottom of the stock ...
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https://www.cnbc.com/2012/05/24/where-the-euro-goes-from-here.html
Money in Motion
Money in Motion Darrell Gulin | Stone | Getty Images The euro has had a little bounce after its early morning tumble. Here's where one strategist says it's headed next. After an overnight tumble, the euro has steadied today. Has it hit bottom? Hardly, says Willie Williams, director of institutional derivative sales at...
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https://www.cnbc.com/2012/05/24/with-greece-nearing-euro-exit-is-cash-king.html
With Greece Nearing Euro Exit, Is Cash King?
With Greece Nearing Euro Exit, Is Cash King? Mike Kemp | Getty Images As talk of Greeceleaving the euro zone intensifies, two money experts offered competing investment strategies. “I don't believe the Greeks leave the euro. If they did, it would bring the most severe penalty down upon the people of Greece first and fo...
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https://www.cnbc.com/2012/05/24/your-first-move-for-friday-may-25th.html
Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now. Jon Najarian recommends longIdenix .Mike Khouw is a seller of Lockheed Martin.Tim Seymour suggests long Mobile Telesystems "due to strong numbers this week."Brian Kelly prefers long Intel on the recent pullback.Karen Finerman thin...
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https://www.cnbc.com/2012/05/25/a-new-look-at-the-new-poor.html
A New Look at the ‘New Poor’
A New Look at the ‘New Poor’ GUEST AUTHOR BLOG by Michael S. Barr, a CNBC contributor and author of "No Slack: The Financial Lives of Low-Income Americans." No SlackSource: Amazon.com These are tough times for most American households. The financial crisis wiped out savings and home equity, cut millions of jobs, and sh...
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https://www.cnbc.com/2012/05/25/big-stock-upside-for-hudson-city-deal-analyst.html
Big Stock Upside for Hudson City Deal: Analyst
Big Stock Upside for Hudson City Deal: Analyst After two major balance sheet restructurings, Hudson City Bancorp still needs to change its business model, possibly restructure again and more than one analyst thinks the company should consider selling. Sterne Agee analyst Matthew Kelley on Friday projected that in a tak...
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https://www.cnbc.com/2012/05/25/both-campaigns-seize-on-romneys-years-at-bain.html
Both Campaigns Seize on Romney’s Years at Bain
Both Campaigns Seize on Romney’s Years at Bain Mitt Romney’s campaign sees the time he spent at Bain Capital, the private equity firm he co-founded and ran for more than a decade, as a positive experience that highlights his leadership skills and his ability to turn around companies and create jobs. Barack Obama and Mi...
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https://www.cnbc.com/2012/05/25/british-expats-rush-to-sell-euro-properties.html
British Expats Rush to Sell Euro Properties
British Expats Rush to Sell Euro Properties Foreign property owners in continental Europe could face a devaluation of 50 percent on their homes if Greece was to leave the Euro, according to new figures from HiFX. Martin Barraud | Getty Images The foreign currency exchange broker said inquiries by British home owners in...
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https://www.cnbc.com/2012/05/25/buying-the-right-selloff-stocks.html
There are two specific kinds of stocks Cramer looks for during a sell-off: those knocked from their highs and those that pay dividends. The more brutal the sell-off, he said, the more attractive these stocks tend to look. The new-high list is always a great place to look for investments. After all, stocks usually don’t...
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https://www.cnbc.com/2012/05/25/carl-icahn-increases-stake-in-chesapeake-demands-board-seats.html
Carl Icahn Increases Stake in Chesapeake, Demands Board Seats
Carl Icahn Increases Stake in Chesapeake, Demands Board Seats Carl IcahnGetty Images Activist investor Carl Icahn raised his stake in Chesapeake Energy to 7.65 percent, according to a filing with the Securities and Exchange Commission, and hammered its leadership in a letter accusing the company of “woefully inadequat...
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https://www.cnbc.com/2012/05/25/chesapeake-should-rally-into-20s-pro-trader.html
With shares of Chesapeake down 30% ytd, one of the Fast Money traders says the time to pull the trigger is now.As BlackRock increased the size of its stake and reports suggested Carl Icahn hit the buy button, trader Mike Murphy of Rosecliff Capital also pulled the trigger.“We bought the stock around $15.77,” he says. M...
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https://www.cnbc.com/2012/05/25/dont-fall-for-cheap-debtladen-us-stocks-expert.html
Don't Fall for Cheap, Debt-Laden US Stocks: Expert
Don't Fall for Cheap, Debt-Laden US Stocks: Expert Over the past one month, U.S. stocks have given up almost all their gains of the year, making valuations look very attractive, but one expert cautions against falling for these "cheap" stocks. Getty Images "I would go a hundred percent equities if I thought that we had...
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https://www.cnbc.com/2012/05/25/euro-steadies-dollar-holds-firm.html
Money in Motion
Money in Motion The Swiss franc's peg comes under pressure and the euro takes a breather - it's time for your Friday FX Fix. The euro rose off recent lows but traders said worries about were keeping it fragile. [CNBC] Some of Europe's biggest fund managers are dumping euro assets. [FT] The dollar remained firm against...
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https://www.cnbc.com/2012/05/25/european-shares-seen-lower-greece-worries-markets.html
European Shares Seen Lower; Greece Worries Markets
European Shares Seen Lower; Greece Worries Markets European shares were called to open lower on Friday, ending another dismal week for equities, as investors learned that at least half of the euro zone’s member states are making contingency plans for a Greek exit from the single currenceny. EU building flags brusselsEy...
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https://www.cnbc.com/2012/05/25/facebook-the-song-yes-were-serious.html
Facebook: The Song — Yes, We're Serious
Facebook: The Song — Yes, We're Serious A sign with the 'like' symbol stands in front of the Facebook headquarters in Menlo Park, California.Getty Images Some people may not "like" the way the Facebook IPOhas gone, but don't tell the singers around the world you’ve gathered to say "Thank you" to the social networking g...
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https://www.cnbc.com/2012/05/25/gm-discloses-600000-contract-with-ad-agency-tied-to-cfos-wife.html
GM Discloses $600,000 Contract With Ad Agency Tied to CFO's Wife
GM Discloses $600,000 Contract With Ad Agency Tied to CFO's Wife General Motors HeadquartersAP General Motors has released an SEC filing disclosing a contract between the automaker and an ad agency that employs the wife of GM CFO Dan Ammann. The disclosure comes a month after GM filed its annual proxy statement listin...
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https://www.cnbc.com/2012/05/25/Greek-Election:-The-Key-Players.html
The 2012 Greek Elections
The 2012 Greek Elections Greece is back on top of the international economic and political agenda after a brief respite as the country is forced to call a repeat election after a May 6 vote left parliament divided evenly between groups of parties that support and oppose austerity conditions attached to a 130 billion eu...
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https://www.cnbc.com/2012/05/25/greek-exit-could-trigger-50-fall-in-euro-stocks-analyst.html
Greek Exit Could Trigger 50% Fall in Euro Stocks: Analyst
Greek Exit Could Trigger 50% Fall in Euro Stocks: Analyst Euro zone stocks could plummet up to 50 percent if Greece makes a disorderly exit from the euro zone, a research note from Societe Generale said on Friday. In the note, Claudia Panseri, head of equity strategy at Societe Generale, said the DJ Euro Stoxx 50 , an ...
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https://www.cnbc.com/2012/05/25/hostage-to-headlines.html
Hostage to Headlines
Hostage to Headlines Hostage to headlines. We can't even get a quiet, boring close going into the Memorial Day weekend. SpainGlowImages | Getty Images Headlines saying that Spain was prepared to inject $23.8 billion into Bankia shortly after 2pm ET shaved a couple dozen points off the Dow Industrialsshortly after 2pm E...
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https://www.cnbc.com/2012/05/25/in-spain-bank-transfers-reflect-broader-fears.html
In Spain, Bank Transfers Reflect Broader Fears
In Spain, Bank Transfers Reflect Broader Fears Ángel de la Peña, a Spanish government worker, is seriously considering the once unthinkable: converting some of his savings from euros to British pounds. SpainGrant Faint | The Image Bank | Getty Image Alvaro Saavedra Lopez, a senior executive for I.B.M. in Spain, says ma...
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https://www.cnbc.com/2012/05/25/india-warns-eu-over-airline-carbon-tax.html
India Warns EU Over Airline Carbon Tax
India Warns EU Over Airline Carbon Tax India has threatened to ban European airlines from its airspace if Brussels sanctions Indian carriers in a dispute over an EU plan to charge carriers for their pollution. Air India aircrafts are seen parked on the tarmac of the international airport in Mumbai on April 29, 2011. Ai...
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https://www.cnbc.com/2012/05/25/kansas-city-fed-president-steps-into-jamie-dimon-debate.html
Kansas City Fed President Steps Into Jamie Dimon Debate
Kansas City Fed President Steps Into Jamie Dimon Debate Jamie DimonGetty Images Is the Kansas City Fed president telling Jamie Dimon to leave the board of the New York Federal Reserve bank? Comments yesterday from the Federal Reserve Bank of Kansas City President and Chief Executive Officer Esther George yesterday sure...
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https://www.cnbc.com/2012/05/25/marc-faber-100-chance-of-global-recession.html
The stock market appears to be at a critical inflection point. That’s the takeaway from widely followed economist Marc Faber, author of the Boom, Gloom & Doom newsletter. Dr. Marc FaberAxel Griesch | ASFM | Getty Images Faber’s bearish market calls have been followed closely since 1987 when he warned his clients to cas...
8b990ef158e861847dc74216f8e44ffa
https://www.cnbc.com/2012/05/25/more-fallout-from-the-facebook-fiasco.html
More Fallout From the Facebook Fiasco
More Fallout From the Facebook Fiasco NASDAQ More fallout from the Facebook debacle: Nasdaq and Direct Edge are introducing fees on high-frequency traders who send large numbers of cancelled trades to their exchanges. The Direct Edge fees begin on June 1. The New York Stock Exchange is not currently charging, but is ev...
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https://www.cnbc.com/2012/05/25/muslim-brotherhood-candidate-to-face-former-prime-minister-in-egyptian-runoff.html
Muslim Brotherhood Candidate to Face Former Prime Minister in Egyptian Runoff
Muslim Brotherhood Candidate to Face Former Prime Minister in Egyptian Runoff The Islamist candidate of the Muslim Brotherhood will face former President Hosni Mubarak’s last prime minister in a runoff to become Egypt’s first freely elected president, several independent vote counts concluded Friday morning. Egypt, Cai...
c5d99497397f60708b577872a3dfc2da
https://www.cnbc.com/2012/05/25/najarian-yahoo-a-must-own-stock.html
Bet you’d never thought you’d hear this, but Pete Najarian says Yahoo! is now a must-own stock.Najarian is bullish for a few reasons.First, he thinks Yahoo!’s new mobile search tool called Axis has huge potential. “It could be a huge growth area for the company,” he says.Also Najarian thinks after resume-gate -- the de...
5a6357f8d477d68990152c21f028e2b3
https://www.cnbc.com/2012/05/25/reum-successfully-marketing-liquor-through-facebook.html
Reum: Successfully Marketing Liquor through Facebook
Reum: Successfully Marketing Liquor through Facebook A sign with the 'like' symbol stands in front of the Facebook headquarters in Menlo Park, California.Getty Images With Facebook’s just completed IPO and its familiar icon on the homepages and business cards of companies and brands worldwide, it’s pedantic to say the ...
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https://www.cnbc.com/2012/05/25/senate-summons-dimon-to-get-to-the-bottom-of-jpm-mess.html
Senate Summons Dimon to 'Get to the Bottom' of JPM Mess
Senate Summons Dimon to 'Get to the Bottom' of JPM Mess JPMorgan Chase CEO Jamie Dimon has been summoned to a Senate panel next month to "get to the bottom" of the bank's $2 billion-plus trading loss. Jamie DimonGetty Images The Senate Banking Committee on Friday scheduled a June 7 hearing for Dimon to testify. The hea...
65dfa554be44fde376f1b82b6f3ea7fa
https://www.cnbc.com/2012/05/25/silicon-valley-taps-the-military-for-the-next-wave-of-startup-power.html
Silicon Valley Taps the Military for the Next Wave of Startup Power
Silicon Valley Taps the Military for the Next Wave of Startup Power U.S. Veterans, AfghanistanGetty Images "I knew what I wanted to do when I got out of the military," said Nick Frost, a 24-year-old U.S. Navy veteran in an interview with The Huffington Post. "But for those who don't, returning home can be a confusing t...
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https://www.cnbc.com/2012/05/25/six-pack-beer-buzz-of-the-week.html
Consumer Nation
Consumer Nation Jack Andersen | FoodPix | Getty Images Six items that have consumers buzzing in the world of beer, wine and spirits as we head into Memorial Day weekend: 1. Brewers Target Millennials to Drive Growth: Move over Boomers, the beer business is targeting Millennials, the category of about 80 million consume...
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https://www.cnbc.com/2012/05/25/spanish-lender-seeks-19-billion-euros-ratings-cut-on-5-banks.html
Spanish Lender Seeks 19 Billion Euros; Ratings Cut on 5 Banks
Spanish Lender Seeks 19 Billion Euros; Ratings Cut on 5 Banks Spain’s banking crisis worsened Friday as the board of Bankia, the country’s biggest mortgage lender, warned that it would need an additional 19 billion euros ($23.88 billion), far beyond what the government estimated when it seized the bank and its portfoli...
0afbae594733d13650a46276826cc2bf
https://www.cnbc.com/2012/05/25/steinbock-the-euro-zone-endgame-begins.html
Steinbock: The Euro Zone Endgame Begins
Steinbock: The Euro Zone Endgame Begins Recently, European leaders gathered in Brussels for an “informal summit.” Afterwards, Euro dropped sharply as fears took toll. After a series of political shifts in Europe, the old plans are history, but new plans are missing. Amidst a historical five-year contraction, Greeks wil...
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https://www.cnbc.com/2012/05/25/stocks-to-watch-chk-pay-fb-ms-more.html
Stocks to Watch: CHK, PAY, FB, MS & More
Stocks to Watch: CHK, PAY, FB, MS & More Take a look at some of Friday's morning movers: Chesapeake Energy - CNBC’s Kate Kelly reports that BlackRock has substantially increased its stake in the energy producer over the past 10 days. The stake has increased to at least 4 million to 5 million shares from the prior 1 mi...
fe806b8cec3f086822571ae44b82206b
https://www.cnbc.com/2012/05/25/summer-friday-survey-did-anyone-ask-the-boss.html
Summer Friday Survey: Did Anyone Ask the Boss?
Summer Friday Survey: Did Anyone Ask the Boss? Images Source | Getty Images For those of us stuck working on the Friday before the Memorial Day weekend, a survey that concludes that "Summer Fridays" makes employees more productive gives us pause. First, we're working today. Does that mean we are less productive than th...
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https://www.cnbc.com/2012/05/25/the-biggest-market-myth-there-is.html
Any new investor who hopes to successfully buy and sell stocks should know that the market is not rational, Jim Cramer said on CNBC's "Mad Money." And desperate attempts to make sense out of the nonsensical can cost you. Jim Cramer Sometimes stocks or the whole market will go up or down for reasons that have nothing to...
785db8f6597f52c9ac02c66fb8a27944
https://www.cnbc.com/2012/05/25/time-for-flash-sales-to-adapt-or-die.html
Consumer Nation
Consumer Nation Flash-sale websites such as Gilt Groupe and Ru La La were hailed as disruptors in the ecommerce space, but recently there’s been a bit of a disruption in their success story, prompting some to wonder if flash-sale sites are more of a marketing gimmick than a sustainable business model. Fab.com saleSourc...
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https://www.cnbc.com/2012/05/25/updated-breaking-news-from-cnbcs-kate-kelly-blackrock-has-increased-stake-in-chesapeake-dramatically-in-last-ten-days.html
UPDATED BREAKING NEWS FROM CNBC’S KATE KELLY: BLACKROCK HAS INCREASED STAKE IN CHESAPEAKE DRAMATICALLY IN LAST TEN DAYS
UPDATED BREAKING NEWS FROM CNBC’S KATE KELLY: BLACKROCK HAS INCREASED STAKE IN CHESAPEAKE DRAMATICALLY IN LAST TEN DAYS Following is an update to Kate Kelly’s breaking news story from earlier today. Please note the nuances of the Blackrock holdings, which weren’t mentioned on air. ALL REFERENCES MUST BE SOURCED TO CNBC...
7415af62ea559ad64c2b9c5f78f81ce9
https://www.cnbc.com/2012/05/25/will-europe-impose-capital-controls.html
Will Europe Impose Capital Controls?
Will Europe Impose Capital Controls? With concern growing about the future of the euro zone, analysts are now debating ideas that, until recently, were considered unthinkable. LdF | Vetta | Getty Images One topic being bandied about is the viability of capital controls. Capital controls are used by governments to regul...
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https://www.cnbc.com/2012/05/25/will-new-airbus-seats-help-airlines-charge-more-for-wider-seats.html
Will New Airbus Seats Help Airlines Charge More for Wider Seats?
Will New Airbus Seats Help Airlines Charge More for Wider Seats? More than one third of American adults are currently obese, a number expected to balloon to 42 percent by 2030. There may soon be airline seats with more room to accommodate larger passengers, likely for a fee. Oote Boe | Age Fotostock | Getty Images Airb...
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https://www.cnbc.com/2012/05/27/china-market-lookahead-stocks-set-for-more-weakness.html
China Market Lookahead: Stocks Set for More Weakness
China Market Lookahead: Stocks Set for More Weakness China stocks are set for more weakness this week as concerns about the EU and China's own economy linger. Shanghai skylineNikada | Vetta | Getty Images Eight out of ten brokerages surveyed by the China Securities Journal forecast downside. The Shanghai Compositefell ...
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https://www.cnbc.com/2012/05/27/graff-diamonds-founder-lists-again.html
Graff Diamonds Founder Lists Again
Graff Diamonds Founder Lists Again Laurence Graff has, in the words of one admirer, “a feeling for gem stones that is almost unrivalled”. He has also shown a knack for following the money. Phillip Hayson | Photolibrary | Getty Images Listing his Graff Diamonds company to raise almost $1 billion on the Hong Kong stock e...
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https://www.cnbc.com/2012/05/28/buy-asian-stocks-now-as-market-panics-over-europe-analyst.html
Buy Asian Stocks Now as Market Panics Over Europe: Analyst
Buy Asian Stocks Now as Market Panics Over Europe: Analyst The recent panic selling of Asian stocks on fears of a possible euro zone break up is almost over with most indices in the region having bottomed out, says one analyst, who recommends buying now as central banks are likely to start pumping liquidity into the fi...
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https://www.cnbc.com/2012/05/28/china-market-lookahead-rally-by-stocks-set-to-continue.html
China Market Lookahead: Rally by Stocks Set to Continue
China Market Lookahead: Rally by Stocks Set to Continue China stocks are set to continue to rise after infrastructure stocks propelled the benchmark Shanghai Composite higher by 1.19 percent to end 2361.37 on Monday. ChinaDAJ | Getty Images Market Factors Total assets and debts of China's banks at the end of April both...
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https://www.cnbc.com/2012/05/28/draft-eu-report-attacks-italy-on-economy.html
Draft EU Report Attacks Italy on Economy
Draft EU Report Attacks Italy on Economy The technocratic government of Mario Monti has made significant progress towards overhauling Italy’s economy since it came to office last year, but has not done enough to combat tax evasion and the country’s sizeable black economy, an EU finding to be released this week has dete...
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https://www.cnbc.com/2012/05/28/euro-zone-crisis-pushing-away-emerging-europe-ebrd.html
Euro Zone Crisis Pushing Away Emerging Europe: EBRD
Euro Zone Crisis Pushing Away Emerging Europe: EBRD The deepening euro zone crisis is threatening the integration of Eastern European nations into the single currency area, the Chief Economist at the European Bank for Reconstruction and Development (EBRD) told CNBC’s “Worldwide Exchange”. Budapest, HungaryAdam Jones | ...
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https://www.cnbc.com/2012/05/28/europe-has-wall-streets-bull-on-a-short-leash.html
Europe Has Wall Street's Bull on a Short Leash
Europe Has Wall Street's Bull on a Short Leash Markets in the week ahead will again be pulled by every real or rumored development out of Europe, as investors await Friday’s U.S. employment report. bull and bear outside frankfurt stock exchangeAP The four-day week starts off slowly with markets closed on Memorial Day i...
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https://www.cnbc.com/2012/05/28/european-shares-to-open-higher-proeuro-parties-gain-in-greece.html
European Shares to Open Higher; Pro-Euro Parties Gain in Greece
European Shares to Open Higher; Pro-Euro Parties Gain in Greece European shares were called to open the first day of the trading week higher following opinion polls showing the Greek pro-bailout parties leading at the weekend. Close-up of a pen on stock price chart The UK’s FTSE was called to open 15 points higher, Ge...
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https://www.cnbc.com/2012/05/28/europes-stronger-powers-must-reveal-plans-exboe-official.html
Europe’s Stronger Powers Must Reveal Plans: Ex-BoE Official
Europe’s Stronger Powers Must Reveal Plans: Ex-BoE Official In the high-stakes game absorbing the euro zone, the stronger economies have got to show their hands to help restore stability, a former central bank official told CNBC Monday. European Union FlagJonathan Kitchen | Image Bank | Getty Images “The stronger count...
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https://www.cnbc.com/2012/05/28/falling-coal-prices-threat-to-indonesia-rupiah-barclays.html
Falling Coal Prices Threat to Indonesia Rupiah: Barclays
Falling Coal Prices Threat to Indonesia Rupiah: Barclays The Indonesian Rupiah has been under pressure since the beginning of the year, falling close to 4 percent, as investors look to exit riskier assets. A money changer counts Rupiah banknotes October 17, 2002 in Jakarta, Indonesia. The rupiah is at a six month low, ...
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https://www.cnbc.com/2012/05/28/fresh-fears-as-eu-finalises-reform-plans.html
Fresh Fears as EU Finalises Reform Plans
Fresh Fears as EU Finalises Reform Plans Sweeping reforms to shift the burden of rescuing failing banks from taxpayers to bondholders are to be unveiled by the European Commission, despite fears it will further rattle nervous bank investors. European Union (EU) flags fly outside the the European Commission headquarters...
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https://www.cnbc.com/2012/05/28/greece-to-leave-euro-zone-on-june-18-wealth-manager.html
Greece to Leave Euro Zone on June 18: Wealth Manager
Greece to Leave Euro Zone on June 18: Wealth Manager Greece will leave the euro zone on June 18 if the populist government wins the country’s elections on the 17 as the rest of the euro zone rounds on "cheaters," Nick Dewhirst, director at wealth management firm Integral Asset Management, told CNBC.com Monday. The Gree...
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https://www.cnbc.com/2012/05/28/greek-party-leading-polls-pledges-businessfriendly-country.html
Greek Party Leading Polls Pledges 'Business-Friendly' Country
Greek Party Leading Polls Pledges 'Business-Friendly' Country Greece will try to attract investment by becoming more “business-friendly” and cutting taxes, a politician from right-wing New Democracy, which is leading opinion polls at the moment, told CNBC Monday. Greek ParliamentPNC | Brand X Pictures | Getty Images Ne...
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https://www.cnbc.com/2012/05/28/imf-chief-lagarde-little-sympathy-for-greece.html
IMF Chief Lagarde:  Little Sympathy for Greece
IMF Chief Lagarde:  Little Sympathy for Greece International Monetary Fund chief Christine Lagarde says she has more sympathy for poor African children than Greeks suffering under the country's economic problems and austerity measures. French Finance Minister Christine Lagarde is considered the top contender to replace...
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https://www.cnbc.com/2012/05/28/labor-board-member-resigns-over-leak-to-gop-allies.html
Labor Board Member Resigns Over Leak to GOP Allies
Labor Board Member Resigns Over Leak to GOP Allies The National Labor Relations Board announced on Sunday that one of its five members, Terence F. Flynn, had resigned after the board’s inspector general found that Mr. Flynn, a Republican, leaked documents to G.O.P. allies. The board’s chairman, Mark Gaston Pearce, said...
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https://www.cnbc.com/2012/05/28/newedge-to-leave-greek-stock-market.html
Newedge to Leave Greek Stock Market
Newedge to Leave Greek Stock Market Newedge, a leading broker, is abandoning the Greek stock market in a sign of mounting concern over the country’s future in the euro zone. GreeceJorg Greuel | Getty Images The broker has told clients that it will process only sell orders, and stop extending margin loans for existing p...
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https://www.cnbc.com/2012/05/28/olive-oil-price-dip-adds-to-european-woes.html
Olive Oil Price Dip Adds to European Woes
Olive Oil Price Dip Adds to European Woes Spain, Italy and Greece, already fighting a financial and economic crisis, are now facing an oil crisis. Olive oil, that is. the Financial Times reports. SpainGrant Faint | The Image Bank | Getty Image The price of the Mediterranean diet staple has plunged to a 10-year low as d...
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https://www.cnbc.com/2012/05/28/olympus-expected-to-settle-with-former-ceo-woodford.html
Olympus Expected to Settle With Former CEO Woodford
Olympus Expected to Settle With Former CEO Woodford Olympus is expected to reach a £10 milliom ($16 million) settlement with its former chief executive, Michael Woodford, who was summarily fired last year after he raised questions about $1 billion in suspicious payments made by the Japanese optical equipment maker. Mic...
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https://www.cnbc.com/2012/05/28/public-pensions-faulted-for-bets-on-rosy-returns.html
Public Pensions Faulted for Bets on Rosy Returns
Public Pensions Faulted for Bets on Rosy Returns Few investors are more bullish these days than public pension funds. iStock While Americans are typically earning less than 1 percent interest on their savings accounts and watching their 401(k) balances yo-yo along with the stock market, most public pension funds are st...
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https://www.cnbc.com/2012/05/29/ackman-jcpenney-sales-have-hit-bottom.html
Consumer Nation
Consumer Nation JC Penney Hedge fund manager Bill Ackman remains steadfast in his belief that his investment in JCPenney will pay off, and says he has the patience to wait out the company's turnaround under new CEO Ron Johnson. In an interview Tuesday with CNBC's "Squawk Box," Ackman said JCPenney has the right managem...
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https://www.cnbc.com/2012/05/29/angry-birds-debit-cards-to-be-issued-in-russia.html
Angry Birds Debit Cards to Be Issued in Russia
Angry Birds Debit Cards to Be Issued in Russia Angry Birds iPhone appSource: Apple Russian fans of the videogame Angry Birds will soon be able to get special debit cards – or "Angry Cards" – giving them discounts on the game's products. Moscow-based Promsvyazbank said Tuesday it will start issuing the new MasterCards ...
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https://www.cnbc.com/2012/05/29/as-irish-head-to-polls-no-voices-get-louder.html
As Irish Head to Polls, ‘No’ Voices Get Louder
As Irish Head to Polls, ‘No’ Voices Get Louder Irish voters head to the polls Thursday to vote on the new European treaty – but with substantial numbers of undecided voters, the result is far from a foregone conclusion and could isolate the country from the rest of the European Union. Ireland and European UnionPhillipe...
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https://www.cnbc.com/2012/05/29/back-to-civilian-life-veterans-try-franchises.html
Back to Civilian Life, Veterans Try Franchises
Back to Civilian Life, Veterans Try Franchises U.S. Veterans, AfghanistanGetty Images Mark Kelly spent 25 years as a fighter pilot and served in Iraq and Afghanistan before retiring from the U.S. Air Force in 2009. After entering civilian life and earning a master’s degree in engineering management, the retired colonel...
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https://www.cnbc.com/2012/05/29/big-shift-in-ecb-balance-sheet-a-sign-of-banking-stress.html
Big Shift in ECB Balance Sheet a Sign of Banking Stress?
Big Shift in ECB Balance Sheet a Sign of Banking Stress? Tens of billions of funding support for European banks appears to have shifted to the emergency lending assistance program of the European Central Bank from the long-term refinancing operations, an indication that some European banks may be in dire financial stra...
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https://www.cnbc.com/2012/05/29/china-stocks-may-face-resistance-at-2400-level.html
China Stocks May Face Resistance at 2,400 Level
China Stocks May Face Resistance at 2,400 Level China stocks may face resistance at the 2,400 level on Wednesday. An investor watches the electronic board at a stock exchange hall in Huaibei, China.ChinaFotoPress | Getty Images The benchmark Shanghai Composite closed higher by 1.20 percent to end at 2389.64 on Tuesday...
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https://www.cnbc.com/2012/05/29/cnbc-poll-does-the-us-have-a-shortage-of-highskilled-workers.html
CNBC Poll: Does the U.S. Have a Shortage of High-Skilled Workers?
CNBC Poll: Does the U.S. Have a Shortage of High-Skilled Workers? Better Your Business - Advanced Manufacturing It may be hard to imagine that there would be a shortage of skilled workers in a country that lost some 6 million manufacturing jobs in the past two decades and still has 12.5 million unemployed people. More ...
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https://www.cnbc.com/2012/05/29/consumer-confidence-has-biggest-drop-in-eight-months.html
Consumer Confidence Has Biggest Drop in Eight Months
Consumer Confidence Has Biggest Drop in Eight Months Americans' confidence in the economy fell in May to its lowest level in eight months as consumers fretted about slow hiring, a big stock market drop and the global economy, said a private research group. Woman shopping for clothingUpperCut Images | Getty Images The C...
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https://www.cnbc.com/2012/05/29/cramer-europe-is-playing-a-game-of-chicken.html
“Right now we’re at the mercy of the largest game of chicken that I can ever recall,” said Jim Cramer on CNBC’s “Mad Money,” making a reference to how policymakers can’t agree on how to solve Europe’s debt crisis. The Germans currently control the purse strings and aren’t likely to give that power up anytime soon, Cram...
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https://www.cnbc.com/2012/05/29/cramer-interviews-owens-corning-ceo.html
Europe’s debt crisis continues to weigh on U.S. stocks, but “Mad Money” host Jim Cramer said there are several themes that are still working, such as the rebound in housing. From improved existing home sales to strong earnings results from homebuilders, several bullish data points for housing have been reported lately....
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https://www.cnbc.com/2012/05/29/cramers-oneonone-with-airgas-ceo.html
Last year, Airgas successfully fended off a hostile $5.9 billion takeover bid from rival Air Products and Chemicals, in part by insisting that its shareholders would see a greater return if the deal did not go through. Peter McCausland founded the Airgas in 1982 and, except for a short time during the takeover battle,...
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https://www.cnbc.com/2012/05/29/digital-generation-bottomed-out-finerman.html
It’s rare for trader Karen Finerman to call a bottom in a stock, so when she does, our ears perk up.To make her call that much more intriguing, as a somewhat conservative investor, the stock that she picked – Digital Generation - doesn’t seem like it’s up her alley. Shares have declined more than 70% in the period of a...
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https://www.cnbc.com/2012/05/29/euro-sinks-china-talks-tough-dollar-gets-a-lift.html
Money in Motion
Money in Motion Spain's pain hits the euro and China and Japan go direct - it's time for your FX Fix. The edged closer to two-year lows on worries about Spain's rising borrowing costs. [CNBC] China ruled out further economic stimulus, adding to pressure on the euro and lifting the safe haven dollar. [fxstreet.com] Chin...
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https://www.cnbc.com/2012/05/29/europe-markets-seen-edging-higher-investors-watch-spain.html
Europe Markets Seen Edging Higher; Investors Watch Spain
Europe Markets Seen Edging Higher; Investors Watch Spain European shares are seen opening slightly higher Tuesday as markets closely watch Spain amid soaring bond yields and concerns over the the country's banking system. Fuse | Getty Images The UK’s FTSE and the CAC were called to open 1 point higher and Germany’s DA...
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https://www.cnbc.com/2012/05/29/facebooks-dilemma-how-valuable-are-900-million-users.html
The Facebook IPO
The Facebook IPO FacebookJuan Mabromata | AFP | Getty Images Facebook's volatile IPO was the result of disparate opinions about how to value the social network's 900 million users, according to a recent report by the Wharton Business School at the University of Pennsylvania. "The question for valuation is you need to h...
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https://www.cnbc.com/2012/05/29/glitches-halt-new-goldman-trade-platform.html
Glitches Halt New Goldman Trade Platform
Glitches Halt New Goldman Trade Platform Goldman Sachs has been forced to delay the launch of its new corporate bond trading platform after a series of “logistical issues” beset the investment bank’s foray into electronic fixed-income trading. The Goldman Sachs booth on the floor of the New York Stock ExchangeGetty Ima...
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https://www.cnbc.com/2012/05/29/greek-contagion-could-drag-euro-below-119-charts.html
Charting Asia
Charting Asia The U.S. dollar Index has rallied quickly above $0.815 and has a clear run towards $0.89. There is minor resistance near $0.84. A strong U.S. dollar brings a new range of tensions into trading relationships. This puts pressure on the Australian dollar . Gold , which is normally a beneficiary of this type ...
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https://www.cnbc.com/2012/05/29/Highest-Grossing-Comic-Book-Movie-Franchises.html
Highest Grossing Comic Book Movie Franchises
Highest Grossing Comic Book Movie Franchises The superhero contest – at least at the box office – continues to up the ante with new installments of comic-book adaptations for the big screen, as well as adding new franchises to the mix. In the past year, moviegoers saw “Thor,” “Captain America,” “Cowboys & Aliens,” “The...
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https://www.cnbc.com/2012/05/29/how-gap-stores-turned-things-around.html
It’s a longtime Cramer maxim that management matters. For better or worse, the executives who run a company can have tremendous influence on its stock price. Take JCPenney, for example. Earlier this month, the retailer posted disappointing earnings results, which included a sharp decline in sales and an end to its divi...
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https://www.cnbc.com/2012/05/29/jpmorgan-debacle-points-to-regulatory-incompetence-corruption.html
JPMorgan Debacle Points to Regulatory Incompetence, Corruption
JPMorgan Debacle Points to Regulatory Incompetence, Corruption President Obama is shameless to cite J.P. Morgan’s$3 billion trading lossas evidence banks need more regulation. JP Morgan Chase headquartersBloomberg | Getty Images More accurately, both may need more of a conscience, and the debacle raises serious questio...
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https://www.cnbc.com/2012/05/29/kroszner-jobs-report-euro-unlikely-to-spur-easing.html
Kroszner: Jobs Report, Euro Unlikely to Spur Easing
Kroszner: Jobs Report, Euro Unlikely to Spur Easing As the euro zone economy teeters and the dollar gains on other currencies, the Federal Reserve won’t likely provide a third round of quantitative easing, former Federal Reserve Governor Randy Kroszner said Tuesday. “The European Central Bank just has to ask for it, an...
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https://www.cnbc.com/2012/05/29/look-whos-betting-on-big-blue.html
Look Who's Betting on Big Blue
Look Who's Betting on Big Blue Amid the excitement over Facebook options, a far less obvious and somewhat overlooked development occurred in the options market: traders piled into IBM calls. Specifically, investors snapped up 1,400 contracts of the July 205-strike calls, making it the second most active call contract. ...
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https://www.cnbc.com/2012/05/29/massachusetts-pension-fund-votes-against-walmart-directors.html
Massachusetts pension fund votes against Wal-Mart directors
Massachusetts pension fund votes against Wal-Mart directors By Svea Herbst-Bayliss BOSTON, May 29 (Reuters) - Massachusetts' state pension fund said Tuesday it voted against the re-election of seven Wal-Mart Stores Inc directors, the latest public pension fund to protest allegations of a widespread bribery scheme in Me...
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https://www.cnbc.com/2012/05/29/Money-Making-Athlete-Wives.html
Money-Making Athlete Wives
Money-Making Athlete Wives The stereotype about professional athletes’ wives is they’re not much more than gold-digging arm candy, with few accomplishments of their own. The stereotype no longer applies today, thanks to the efforts of some high-profile women who established themselves well before they married their fam...
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https://www.cnbc.com/2012/05/29/more-airlines-increasing-carryon-bag-space.html
More Airlines Increasing Carry-on Bag Space
More Airlines Increasing Carry-on Bag Space Terry Buchen gets to board his Delta flights early because he has elite status. In theory, he's assured a spot in an overhead bin for his carry-on bag. In practice, even he has to compete for the coveted space. Since airlines began charging passengers in 2008 to check their l...
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https://www.cnbc.com/2012/05/29/option-bulls-dig-into-ivanhoe-near-lows.html
Option Bulls Dig Into Ivanhoe Near Lows
Option Bulls Dig Into Ivanhoe Near Lows Ivanhoe Mines Workers of the Hellenic Gold company walk in a lot among burned-out cars in the forest of Skouries. Dozens of hooded men firebombed the premises, injuring a guard and damaging containers, cars and trucks.Sakis Mitrolidis | AFP | Getty Images saw bullish option activ...
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https://www.cnbc.com/2012/05/29/osborne-in-uturn-on-hot-pasty-tax.html
Osborne in U-Turn on Hot Pasty Tax
Osborne in U-Turn on Hot Pasty Tax George Osborne’s political roasting over hot pies intensified on Monday after the chancellor was forced into a £40m retreat on his proposed “pasty tax”, as the Budget showed new signs of unraveling. Chancellor of the Exchequer George Osborne holds Disraeli's original budget box as he ...
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https://www.cnbc.com/2012/05/29/richard-li-bids-for-ings-asian-assets.html
Richard Li Bids for ING’s Asian Assets
Richard Li Bids for ING’s Asian Assets Richard Li has lodged an indicative bid for the south-east Asian businesses of ING’s $6 billion Asian insurance operations, which the Dutch financial group is selling after taking government bailout cash during the financial crisis. Richard Li, chairman of PCCW has emerged as a su...
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https://www.cnbc.com/2012/05/29/romney-courts-trumps-dollars-but-shuns-his-message.html
Romney Courts Trump’s Dollars, but Shuns His Message
Romney Courts Trump’s Dollars, but Shuns His Message Perhaps thought that Donald J. Trump would tone down his conspiracy theories about President Obama’s birth ahead of Tuesday night’s joint appearance at a glam fund-raiser in Las Vegas. Donlad Trump endorses Mitt Romney on February 2, 2012.Getty Images | Ethan Miller...
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https://www.cnbc.com/2012/05/29/roubinis-das-spain-needs-a-bailout-sooner-or-later.html
Roubini’s Das: Spain Needs a Bailout ‘Sooner or Later’
Roubini’s Das: Spain Needs a Bailout ‘Sooner or Later’ will eventually need a bailout, as its heavy private debt burden is increasingly weighing on sovereign debt levels, Arnab Das, managing director of market research and strategy at Roubini Global Economics, told CNBC. “All these plans about recapitalizing the banks ...