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Facebook Trading on Wall Street

Facebook Trading on Wall Street

History will be created today at 11 a.m. Eastern Time when shares of Facebook will start trading on the Nasdaq under the FB symbol. On Thursday the world’s No.1 social… Read more »

Wal-Mart Reports Increase of 10% in Net Profit

Wal-Mart Reports Increase of 10% in Net Profit

Wal-Mart Stores Inc (WMT) reported its financial results for the first quarter on Thursday according to which the retail giant’s net profit increased by 10 percent to $3.74 billion or… Read more »

Chesapeake Increases Loan Amount

Chesapeake Increases Loan Amount

Chesapeake Energy Corp hiked scheduled loan amount increasing pressure on the company to expedite asset sales. The natural gas producer has annoyed shareholders by recent revelations regarding potential conflicts of… Read more »

Facebook IPO Going Live Soon

Facebook IPO Going Live Soon

In response to solid demand, Facebook Inc has increased the price of IPO to $36 for selling 337.4 million shares. It will fetch $12.1 billion to Menlo Park, California headquartered… Read more »

Chesapeake Energy Gets $3 Billion Loan

Chesapeake Energy Gets $3 Billion Loan

To get more time so as to lower its debt as well as to sell assets, Chesapeake Energy Corp. has succeeded in getting a $3 billion loan through Goldman Sachs… Read more »

Facebook’s IPO Already Oversubscribed

Facebook’s IPO Already Oversubscribed

Days after Facebook Inc’s cross-country road show on May 8, 2012, a source familiar with the matter said that initial public offering of the world’s largest social network has already… Read more »

Visa Inc Beats Forecast Estimates

Visa Inc Beats Forecast Estimates

Visa Inc announced its second quarter results for the period from January to March on Wednesday. Earnings of the credit and debit-card network, were more than analysts’ expectations with a… Read more »

Arch Coal Revenue Disappoints

Arch Coal Revenue Disappoints

St. Louis, Missouri based Arch Coal Inc. (ACI) produces and sells metallurgical and steam coal. The company is also involved in shipping coal to international and domestic power producers as… Read more »

Microsoft Enters Book Business

Microsoft Enters Book Business

The world’s largest software maker is entering e-books bazaar through investing $605 million during next five years in Barnes & Noble Inc in order to end monopoly of Apple Inc… Read more »

Markets And Movers Yesterday

Markets And Movers Yesterday

Market moving stocks across the board from yesterday. Listing the highest volume leaders and gainers / losers by percentage. Dow: 13,213.63. – 14.68 Nasdaq: 3,046.36. – 22.84 S&P 500: 1,397.91…. Read more »

Everything is Under Control, Stay Calm

Everything is Under Control, Stay Calm

Thanks to those wily and upwardly mobile Chinese who, for some unfathomable reason, like Coca-Cola (NYSE:KO), Starbucks Coffee (NASDAQ:SBUX) and Domino’s Pizza (NYSE:DPZ) we can actually enjoy equity markets in… Read more »

Amazon’s Earnings Surprise

Amazon’s Earnings Surprise

Amazon.com beat Wall Street’s expectations for the first quarter in spite of a 35% fall in earnings for the period. The e-commerce giant gave its usually traditional forecast for the… Read more »