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By Inyoung Hwang, Bloomberg |
May 10, 2013
U.S. stocks advanced, as the Standard & Poor’s 500 Index rallied for a third straight week, amid optimism that the U.S. economy is improving amid central-bank monetary stimulus.
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By Dan Gramza |
May 10, 2013
Dan Gramza expects the Nasdaq 100 to pause after it made new highs yesterday.
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By Christine Harper and Alexis Leondis, Bloomberg |
May 9, 2013
Bill Rubin, a senior investment analyst at BlackRock Inc. who picks financial-company stocks, didn’t mince words a year ago when he e-mailed JPMorgan Chase & Co. right after the bank disclosed a trading loss that ultimately cost more than $6.2 billion.
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By Sarah Jones and Inyoung Hwang, Bloomberg |
May 9, 2013
U.S. stocks were little changed, following five successive records for the Standard & Poor’s 500 Index, after data showed jobless claims declined.
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By Dan Gramza |
May 9, 2013
Th euro is looking for confidence from buyers, and Dan Gramza says the next couple of days will tell us a lot about that market.
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By Renee Dudley and Carol Hymowitz, Bloomberg |
May 8, 2013
As Wal-Mart Stores Inc. prepares to anoint the fifth chief executive in its history, the world’s largest retailer is grappling with challenges founder Sam Walton never faced.
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By Christopher Palmeri, Bloomberg |
May 8, 2013
Walt Disney Co., the world’s largest entertainment company, said fiscal second-quarter profit rose 32%, beating analysts’ estimates as guests splurged at theme parks in California and Florida.
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By Leslie Patton, Bloomberg |
May 8, 2013
McDonald’s Corp., the world’s biggest restaurant chain, said sales at stores open at least 13 months fell 0.6 percent last month as growth slowed in its Asia Pacific region.
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By Dan Gramza |
May 8, 2013
A number of markets have paused to take a breath this week with few economic reports due to be released.
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By Inyoung Hwang, Bloomberg |
May 7, 2013
U.S. stocks rose, sending the Dow Jones Industrial Average to its first close above 15,000, on optimism over global central bank stimulus and better-than- estimated corporate earnings.