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By Karl Baker, Bloomberg |
March 5, 2013
Qualcomm Inc. boosted its dividend by 40% and set up a $5 billion share buyback plan, rewarding investors after rising demand for smartphones that run on its technology spurred sales growth.
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By Inyoung Hwang, Bloomberg |
March 5, 2013
The Dow Jones Industrial Average rose to its highest level ever, erasing losses from the financial crisis after a four-year rally fueled by the fastest profit growth since the 1990s and monetary stimulus from the Federal Reserve.
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By Adam Satariano, Bloomberg |
February 26, 2013
As Apple Inc. Chief Executive Officer Tim Cook takes the stage at this year’s shareholder meeting, he may not get the reception he received in 2012, when investors lauded the company’s performance and rising shares.
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By Aaron Ricadela, Bloomberg |
February 22, 2013
Hewlett-Packard Co., the largest personal-computer maker, forecast fiscal second-quarter profit that exceeded analysts’ estimates, helped by cost-cutting measures and a smaller-than-projected drop in service sales.
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By Nikolaj Gammeltoft and Sarah Pringle, Bloomberg |
February 20, 2013
U.S. benchmark stock indexes tumbled from five-year highs while oil, gold and silver led commodities lower as minutes from the Federal Reserve’s last meeting showed policy makers debated the risks and benefits of bond purchases.
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By Cornelius Rahn, Bloomberg |
February 20, 2013
Apple Inc. has kept its power to determine the course of consumer electronics even as it faces tougher competition in mobile phones and tablets, said Steve Wozniak, who co-founded the company with Steve Jobs in 1976.
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By Whitney Kisling, Bloomberg |
February 19, 2013
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By Brian Womack, Bloomberg |
February 19, 2013
Google Inc., operator of the world’s largest Web-search engine, surpassed $800 for the first time as mobile computing bolsters growth.
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By Adria Cimino and Leslie Picker, Bloomberg |
February 13, 2013
U.S. stock futures rose, indicating the Standard & Poor’s 500 Index will extend a five-year high, as President Barack Obama proposed spending on infrastructure and environmental projects in his State of the Union address.
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By Margaret Talev and Mike Dorning |
February 12, 2013
President Obama addressed the deficit, spending cuts, unemployment, a minimum wage spike and other potentially market-moving topics in his annual State of the Union address to Congress.