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06 Jun 2009 11:18

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Biz, Tech: Steve Jobs could pump Apple’s stock up by returning early

  • Dude’s been recovering from illness. WWDC is Monday. Hmm. Steve Jobs, who sent shockwaves through the industry by taking medical leave in January, could find himself in a position of boosting his own stock if, as reported this week, he appears at the Worldwide Developer Conference on Monday rather than returning at the end of June. A new iPhone launch is expected, and possibly more. We’re excited already. :D source

26 May 2009 20:07

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Biz, Tech: If Facebook employees want to cash in, now’s the time

  • $100 million will be offered for stock cash-ins source

20 May 2009 08:44

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Biz: Now’s a pretty good time to buy Bank of America stock

  • 825 million number of shares the banking company is putting up for sale
  • $10 apiece the cost of a single share – that’s below current market value source

11 May 2009 09:07

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Biz, U.S.: Shaking off TARP: Big banking firms raise stock to pay off U.S.

  • why now? Two reasons why: Investors appear to be buying stocks at the moment, and they want the monkey off their backs. TARP regulations force companies to limit executive pay, which they don’t like.
  • the firms U.S. Bancorp, Capital One Financial Corp., KeyCorp, Principal Financial Group Inc. and BB&T Corp. all announced plans this morning to raise $7 billion in capital to get the U.S. off their backs. source

04 Mar 2009 10:08

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Biz: Video retailer Blockbuster should rent out its massive debt

  • $900 million in accounts payable to studios, vendors and other suppliers
  • 76% decline in Blockbuster’s stock yesterday before trading was halted source

23 Feb 2009 10:44

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Biz, U.S.: You know Citi? Well, you could soon be one of its owners!

  • 40% of Citi’s stock could be owned by the government source

22 Feb 2009 09:57

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Biz: You shouldn’t invest in a company that named a stadium

  • 4.7% decline below the S&P 500 average for companies involved in a sports venue naming rights deal
  • 9.1% decline in a company’s overall value, on average, when a naming rights deal was still in place source