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You Can Buy Stock Based On When A CEO Goes On Vacation
Companies announce good news before and after a CEO goes on vacation, and they stay quiet while he or she is gone. A new study by David Yermack at Stern School of Business identified this trend in a...
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IT GETS EVEN WORSE: Goldman Says The Worst Of The Good Weather 'Payback'...
Think that Friday's jobs report was weak because the warm winter weather pulled employment forward? Bad news: There's more to come. Andrew Tilton: The March employment report was a disappointment,...
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DOW OFF 205, MARKETS TUMBLE FOR 5TH STRAIGHT DAY
UPDATE: 1:35 PMThe Dow is now off 195 points. UPDATE: 1:10 PMMarkets continue to tumble into the afternoon. The Dow is down 171 points. The S&P 500 is down 19 points. The Nasdaq is down 44 points....
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Watch Carson Block Present The Latest Chinese Company Where He Sees A 'High...
Short-seller Carson Block, the the founder and research director of Muddy Waters Research, has just released a new research report in the form of a narrated video where he's alleging a "high risk of...
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The Internet Is About To Burst The Most Hated Bubble In America
It looks like one of the most nefarious bubbles in the country could soon collapse. Writing on his Carpe Diem blog, Professor Mark Perry posts pretty convincing evidence that skyrocketing textbook...
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IMF To Commodity Exporters: Make Sure You Save Some Money
In analytical chapters of their World Economic Outlook, the International Monetary Fund is warning countries who export commodities to save their money, in order to protect against potential downturns...
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What Does The Future Hold For Best Buy? (BBY)
Brian Dunn is out as CEO of Best Buy, and whoever takes over for him has a lot of work to do. What does Best Buy have to do to avoid going the way of Circuit City and CompUSA? Money Game reporter Eric...
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DOW OFF 200
It gets worse. The stock market is at its lowest levels of the day. The Dow is off 200. The NASDAQ is off 53. Banks are getting creamed. What's this all about? Everyone's blaming Europe. Earlier in...
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Something Strange Is Going On Behind The Scenes In Switzerland
The ‘risk off’ trade is commanding the markets. A subtle, but interesting example is the EURCHF. For four days the EURCHF has held to 1/8th percent away from the official 1.2000 peg. It sits at 1.2016...
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STOCKS TUMBLE AND ITALY IMPLODES: Here's What You Need To Know (DIA, SPY,...
Europe steals the headlines. First the scoreboard: Dow: 12,715.9, -213.6, -1.6%S&P 500: 1,358.5, -23.6, -1.7%NASDAQ: 2,991.2, -55.8, -1.8% And now the top stories: It was an absolutely brutal day...
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The State Of The World Economy In One Huge Slide (AA)
Alcoa just announced a blow out first quarter. Here's a slide from their earnings presentation that gives a great snapshot of the world's industrial activities. Please follow Money Game on Twitter and...
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Alcoa BEATS Earnings Estimates, Stock Surges After Hours (AA)
UPDATE: Alcoa reported first quarter results that topped expectations on both the top and bottom lines as revenue surged to a record high, the company said this afternoon. Demand for aluminum blew...
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Best Buy CEO Resigned Amid Personal Misconduct Investigation (BBY)
Former Best Buy Chief Executive Brian Dunn allegedly resigned from the company before an investigation into personal misconduct could be completed by the the board of directors. "Certain issues were...
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President Obama Has Revealed His Strategy To Destroy Mitt Romney
President Barack Obama is in Florida today, making a big push to get Congress to pass the Buffett Rule, his campaign-ready tax proposal that would raise tax rates on millionaires and billionaires. In...
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Dallas Fed President Fisher Mocked Congress And The Treasury With This Video
If anyone was worried about whether the Fed was still independent, this should help calm fears. In a speech at Oklahoma University this afternoon, Dallas Federal Reserve President Richard Fisher took...
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Here Are The Key Market Moving Events For Wednesday, April 11, 2012 (ADTN)
Wednesday is a relatively light day, with a large focus on Asia and the Pacific with key readings from Japan and Australia. In the U.S., markets will be looking for commentary in the Federal Reserve's...
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Japan And Australia Are Falling
After major selling in Europe and the US, the selling continues in Asia. Australia is down 0.7%, and Japan is down 1.0%. US futures are up a little bit after hours, helped a little bit, perhaps, by...
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Stocks Typically See 4 'Corrections' A Year, But When They Don't...HOLY COW...
So stocks have seen a couple of bad days in the past two weeks. At its worst, the S&P 500 fell 4.4 percent off its high. This had strategist screaming "CORRECTION!" A market correction is very...
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The Latest Employment Stats From Greece Are Terrifying
E Kathimerini has the latest unemployment stats for Greece, and, as you might have guessed, they're not good. Here's the basics: Seasonally adjusted unemployment in January stands at a record 21.8%....
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Deutsche Bank: Fears Of A China, Europe Slowdown Impacting The US Are Way...
You bears are gonna need another reason to get grizzly. In a research note today, Deutsche Bank analysts write fears of slowing activity in Europe and China leaking into the U.S. are "overblown." The...
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