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By Sam Mamudi, Bloomberg |
June 12, 2013
Exchange executives, long shielded from legal scrutiny in the U.S., have been put on notice that may be changing after federal regulators fined CBOE Holdings Inc. $6 million for unprecedented lapses in supervision.
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By Brian Womack, Bloomberg |
June 10, 2013
Facebook Inc. gained as much as 5.6 percent amid speculation that the world’s largest social network may be added to the Standard & Poor’s 500 Index.
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By Nikolaj Gammeltoft and Inyoung Hwang, Bloomberg |
May 29, 2013
Nasdaq OMX Group Inc. agreed to pay $10 million to settle Securities and Exchange Commission charges that its mishandling of Facebook Inc.’s initial public offering last year was a violation of securities laws.
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By Douglas MacMillan, Bloomberg |
May 20, 2013
Yahoo! Inc. is buying blogging network Tumblr Inc. for about $1.1 billion as Chief Executive Officer Marissa Mayer seeks to lure users and advertisers with her priciest acquisition to date.
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By Lu Wang and Inyoung Hwang, Bloomberg |
May 2, 2013
U.S. stocks rose, sending the Standard & Poor’s 500 Index toward a record high, as the European Central Bank cut its key interest rate and American jobless claims unexpectedly fell.
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By Brian Womack, Bloomberg |
May 2, 2013
Facebook Inc.’s first-quarter sales topped estimates, a sign that Chief Executive Officer Mark Zuckerberg is making headway in a drive to make more money from mobile ads.
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By Whitney Kisling, Bloomberg |
April 22, 2013
Google Inc. dropped as much as 3.1% and then reversed most of the tumble within a second in a series of transactions that spurred concern the stock was hit by a computerized-trading error.
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By Lu Wang, Bloomberg |
April 10, 2013
U.S. stocks rallied, sending the Standard & Poor’s 500 Index to its highest level ever, as China’s imports grew, Japan reiterated its stimulus plans and investors speculated earnings will beat estimates.
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By Nina Mehta |
April 9, 2013
U.S. exchanges and some brokers will be required to conduct coordinated trading tests to show they can recover from natural disasters.
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By Stephen Kirkland and Nikolaj Gammeltoft, Bloomberg |
April 4, 2013
U.S. stocks advanced, rebounding from yesterday’s drop, as central banks in Japan and Europe reassured investors that they will keep economies awash in cash to bolster growth.