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All Posts Tagged Tag: ‘Stock Market’

Fake Twitter Buyout Article Fools Everyone, Sends Stock Soaring

Fake Twitter Buyout Article Fools Everyone, Sends Stock Soaring

Hoax articles – fooling everyone from your racist uncle on Facebook to top Wall Street investors. An article suggesting that Twitter had received a $31 billion offer sent the company’s stock prices soaring earlier this afternoon. The article, called Twitter Attracts Suitors, is hosted on bloomberg.market and made to look exactly like a Bloomberg Business article. “Twitter is working closely …

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Retirement Planning: 3 Reasons To Start As Soon As Possible

Retirement planning is typically something that individuals and couples engage in once they hit their late forties and early fifties. The conventional wisdom has been that once you hit a certain age, you should be looking to prepare to retire. In actuality, every American needs to start working on their “nest age” immediately. Putting it off while failing to consider …

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Stock Market Crash Said To Be Inevitable. So Why Have Baby Boomers Poured Everything Into It?

There is an ongoing debate as to what the current state of the stock market means. For some, what we’re witnessing is a natural aspect of the market, known as a “correction”. The correction part of the cycle is said to occur years after the market enjoys a bullish period. When the stocks have peaked, they may drop down more …

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Facebook Stock Opens at All Time High

On the heels of a strong earnings report, Facebook stock soared in after hours trading and has carried that momentum into pre-market trading, hitting an all-time high. Wednesday afternoon, Facebook released its Q2 earnings, reporting revenue of $2.91 billion – up 61 percent year-over-year. Revenue from advertising was up 67 percent, with 62 percent of that coming from mobile. COO …

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GoDaddy Files for a $100 Million IPO

In 2006, web hosting company GoDaddy.com decided it was time to file for an initial public offering (IPO). However, it quickly changed its mind after learning that it would have to take a 50 percent haircut (a loss on the market-value of a stock to provide a cushion for the brokerage company in case the investment loses money) on its …

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Rite Aid Stock Down on Poor Earnings Update

Stock in Rite Aid Corporation is tumbling today following a dismal earnings update by the company. On Thursday Rite Aid released sales results for May and updated its quarterly and yearly earnings estimates, previewing a year of worse-than-expected earnings. Rite Aid reported that its front-end same store sales for the five weeks ending on May 31 increased just 0.5% over …

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Stock Market Distrust Shown for Third Straight Year

As it currently stands, the stock market is in a fairly good spot. Interest rates on fixed income and cash are low, market returns in 2013 exceeded 30 percent, and the market itself is setting record highs. Despite all of the success over the past five years, however, Americans are still not likely to invest their hard-earned money in such …

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‘Candy Crush Saga’ Maker Files for IPO

The maker of Candy Crush Saga filed its Initial Public Offering (IPO) of up to $500 million today. King Digital Entertainment undoubtedly hopes to follow in the footsteps of Zynga, who filed their IPO in late 2011 and has become one of the biggest leaders in mobile gaming. King filed their IPO with the Securities and Exchange Commission (SEC) today …

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Twitter Stock Makes Co-Founder Jack Dorsey a Billionaire

Everyone knew that there was a lot of money to be made when Twitter went public, but what Twitter opened at on the New York Stock Exchange far exceeded the company’s expectations. So what does this mean for Twitter co-founder Jack Dorsey and others? Cha-ching! Thanks to Twitter, Dorsey has now been elevated to billionaire status. just setting up our …

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Twitter IPO: 7 Things You Might Not Know

Twitter will go public on the New York Stock Exchange on Thursday morning. On the eve of the company’s much talked about IPO, here are seven things you might now know: 1. If Twitter’s stock skyrockets tomorrow, it’s actually a bad thing for the company. According to San Francisco investment banker Bill Hambrecht, who has helped companies like Amazon, Apple …

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Wall Street Ends 5 Day Skid; Stocks are Up

The stock market saw a surprise surge last Wednesday after the Federal Reserve announced that it would continue its bond-buying program. That up-swing did not last long, though; The stocks dipped drastically on Thursday, and Wall Street has seen a losing-streak the previous 5 days. There was positive news for Wall Street today, however. The Dow Jones, S&P, and Nasdaq …

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Bonds Continue to Rise, Making Investment Wise

There has been much talk lately of a government shutdown, and for good reason. Politicians in Washington are still debating what to do about the looming debt-ceiling crisis, with Republicans still pushing for the defunding of Obamacare in order to make things work. The biggest loser in this battle? The stock market. Despite the high numbers reported for the month …

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