Author Archives: Justin Rains

S&P 500 Score Bi-Monthly high despite Skeptism-LOW, FCX, OXY, CSCO, AAPL,TSN,HD

The benchmark indicator for US stocks S&P 500 took a 2 % as it climbed to 1,386.89 yesterday. American stocks saw a $806 billion decline in value since November presidential elections. After declining by 4.1 %  the index improved slightly … Continue reading

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Facebook stock hits record low, goes below lower end of IPO pricing range

Stock prices for Facebook Inc. slid on Thursday as well taking the share to new low level of $26.83. The price was lower than even the lowest price set by the firm as a part of the planned IPO offering. … Continue reading

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Greece polls and IMF stimulus to Spain reverse declines on S&P 500

In reversing its losing streak , stock markets in U.S gained a bit after the opinion poll in Greece indicated that there was full support for the biggest pro-bailout group along with indications coming from IMF that it could start … Continue reading

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Apple to revolutionize Television

It’s well known that Apple abhors the leak of its new products. The world’s only firm with a market cap of half a trillion is popular for making releases on the biggest of scales. The wait , which is agonizing, … Continue reading

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RIM shares hit on latest update

Research in Motion Ltd. saw its shares extending a year long slide as the stocks further plummeted by 10 percent following the warning of a difficult competitive market and the announcement of hiring outside advisers for assessing the business options … Continue reading

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Launch of S3 in Europe; is Facebook entering into the smartphone war too ?

The smartphone business is slowly becoming a two horse race, the horses being Apple and Samsung. While Apple is the maker of the beloved iPhone, but Samsung surpassed overall sales to become the biggest maker of smartphones in the world. … Continue reading

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Dewey & LeBoeuf files for bankruptcy;Recession and rapid expansion led to downfall.

Dewey & LeBoeuf, the global law firm, has filed for bankruptcy in a New York court citing the formation in the economic downturn coupled with the expansion policy was responsible for its decline. In a Chapter 11 filing, the firm … Continue reading

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Retail investors flee as Facebook woes add fears on Wall Street

Fears are rising on Wall Street over retail investors retreating from actively participating in the biggest stock market of the world after the debacle of Facebook IPO. With over 900 million users worldwide for Facebook , the IPO was being … Continue reading

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Jobs data and Greece to decide outlook next week

Latest measure of the jobs growth will be in spotlight in the upcoming week on U.S stock markets, however that will compete with the attention Greece is likely to get over its exit from the euro zone. Its like the … Continue reading

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How Nasdaq chaos engulfed Facebook

On last Friday during the debut of Facebook stock on the Nasdaq Stock Exchange , for almost 20 minutes the lines which were supposed to keep traders informed on the $16 billion IPO for the social media firm was mute. … Continue reading

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