All Posts Tagged Tag: ‘Wall Street’

Google’s New CFO is the ‘Most Powerful Woman on Wall Street’

Google has found its new CFO. Ruth Porat, who currently serves as Chief Financial Officer for Morgan Stanley, will be joining Google on May 26. She’ll replace outgoing CFO Patrick Pichette, who announced his retirement earlier this month. “We’re tremendously fortunate to have found such a creative, experienced and operationally strong executive,” said Larry Page. “I look forward to learning …

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Britney Spears Earns Planet Hollywood $20 Million

Since Britney Spears began her residency at the Planet Hollywood Resort and Casino’s AXIS Theater in Las Vegas back in December 2013, her Britney: Piece of Me show has boosted the property’s earnings by about $20 million. Initially booked for a two-year run at the property, her residency was recently extended all the way through 2017. According to the Hollywood …

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Catherine Zeta-Jones: Michael Douglas Says He Took Her for Granted

Catherine Zeta-Jones and husband Michael Douglas are back together again following a split that took place last August. The Wall Street actor admits he took his wife for granted in the years prior to their split. He says he learned from his mistakes, however, and has re-evaluated his relationship with Zeta-Jones. “When you are younger you care what other people …

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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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JPMorgan Scraps Twitter Q&A Over Fiscal Furor

It was a brief idea that lasted all of nine glorious hours: the vice-chairman of US corporate banking giant JPMorgan, Jimmy Lee, announced he would be taking over the @jpmorgan Twitter feed at 1pm today. By last night, however, major news outlets around the world were reporting the idea as completely scrapped because of the thousands of angry, abusive tweets …

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Bernie Madoff Accountant Charged with Fraud

NBC News reported this week that Paul Konigsberg, an attorney and accountant, was charged yesterday with falsifying records and related securities connected to the Bernie Madoff Ponzi scheme. Konigsberg is the only non-Madoff family member who owned a controlling interest in the investment fund. The indictment released by the District Attorney for the Southern District of New York almost reached …

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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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Stratasys Makes A 3D Printed Wall Street Bull

The bull is a noble creature defined by two massive horns that will gore you if the animal is given the chance. It’s also the symbol of a healthy economy. To that end, Stratasys has made a bull on a 3D printer for its Investors and Analyst Day at NASDAQ. The Stratasys Blog says that its 3D printed bull uses …

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Jim Cramer Suggests Snapchat Could Be Used for Insider Trading

Snapchat, the ephemeral messaging app that’s gaining quite the following, has been accused of facilitating some risque communications. When it first launched, it quickly garnered the reputation as being a “sexting” app for teens. You see, Snapchat allows users to send short messages which then self-destruct in a designated amount of time – 30 second, a minute, 5 minutes, and …

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NASDAQ Fined $10 Million For Botched Facebook IPO

To say the Facebook IPO was a disaster might be a bit of an understatement. A few days after the social network went public, reports emerged that a technical issue prevented trading and many investors lost money as the stock’s value tanked. Those same investors brought lawsuits against the NASDAQ and the SEC launched an investigation into the IPO. That …

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Zynga Now Under Investigation For Cashing Out Before Shares Slumped

Well, that didn’t take long. We brought you word this morning that Zynga CEO Mark Pincus and other insiders including Google cashed out on Zynga stock back in April before the company’s shares fell to the abysmal depths that they’re at today. On the suspicion that some less than honest dealings had taken place, multiple law firms are now opening …

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Anonymous Leaks 50,000 Wall Street IT Personnel Accounts

One of the more interesting teams operating with Anonymous is #TeamGhostShell. They are usually the team behind the more malicious attacks that target governments and corporations. Their latest operation, MidasBank, has one target clearly in its sites – Wall Street. #TeamGhostShell has so far released around 50,000 accounts from IT personnel who work on Wall Street. The accounts are from …

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