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Up, Up and Up. The S&P 500, Dow and Nasdaq Hit New Highs.

All major stock indices hit new highs today on good news on corporate earnings, the housing and employment fronts, and benign news from Europe. The Dow Jones Industrial Average (DJIA) ...
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The Dow Closes at a Fifth Consecutive Record High Monday

The Dow Jones Industrial Average (DJIA) closed at a record high for the fifth straight trading day, ending up by 50 points to a record high of 14,447 points.  The S&P 500 rose ...

Stock Market on a Tear, Reaches a 5-Year High Thursday

A fast start to 2013 for the Dow Stocks closed sharply higher today, reaching a five year high on the back of strong housing starts and a lower unemployment claims. About $8 billion ...
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Facebook’s Stock Price Continues to Plummet

Investing in Facebook has been a disappointment for millions who have lost almost half of their investment Today was another terrible day for Facebook’s stock price.  As of 12 noon, ...

Facebook Drops 11% in Early Monday Trading

Facebook's stock price has plunged 11% on the first full day of trading Well, the stock was hardly a day old before Facebook’s new stock owners fell to earth with a crushing ...
Could Facebook stock be a sucker bet long-term?

Facebook Stock a Ponzi Scheme? I Have to Agree.

Could Facebook stock be a sucker bet long-term? There’s a great article by Ryan Holiday in Forbes about Facebook being a Ponzi scheme. You can read it for yourself but the main ...

Facebook Resets Today as a Publicly Traded $104 Billion Company

Facebook becomes a $104 billion behemoth today The world’s major social networking company begins life anew today as a publicly traded company on the Nasdaq. With its IPO priced ...
Facebook's stock price has plunged to 11% on the first full day of trading

Is Facebook Stock Overpriced? Will that Stop You from Buying?

Is Facebook Overpriced? Got a hot tip for you: how about a great stock that’s trading at about 100 times earnings? Too high, you say? I know it’s way higher than today’s ...

JPMorgan’s Dimon Gets $23 Million Package after $2 Billion Loss

JP Morgan's CEO Jamie Dimon gets a $23 million pay package A week after JP Morgan suffered a $2 billion (and counting) loss from hedge fund trading, its Chairman and CEO, Jamie ...

President Obama on JP Morgan: ‘This Is Why We Passed Wall Street Reform’

A few hours after a top JPMorgan Chase executive was let go following a stunning $2 billion trading loss, President Obama told the hosts of ABC’s “The View” that the ...

Facebook Co-founder Renounces U.S. Citizenship as IPO Approaches

If it looks and smells like tax evasion... Eduardo Saverin, a Facebook co-founder has reportedly given up his U.S. citizenship as the company’s Initial Public Offering (IPO) approaches. While ...
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Netfix Stock Price Jumped 24% Last Week

Netflix is rebounding after a disastrous 2011 Shares of Netflix surged 24.5% last week to $86.29, in their largest percentage gain since October 2008, and leading the gains in the S&P ...
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Detroit Sparkles in 2011, Time to Invest in the Big Three?

Chrysler's sales jumped in 2011 Last year was a good year for Detroit’s auto makers.  They saw increased sales as natural disasters in Japan and Thailand hurt their competition ...
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The Dow Roars into 2012 – Up 242 Points in Early Trading

A fast start to 2012 for the Dow The stock market enters 2012 on a tear, up by 242 points by 10.30 am (EST) on the first day of trading in 2012. The advance in the Dow was also mirrored ...