UBS blames NASDAQ for a loss of $357 million on Facebook’s shares

UBS blames NASDAQ for a loss of $357 million on Facebook’s shares

By Anna Domanska - Aug 04, 2012

UBS, the Swiss banking giant, informed that it lost $357 million on the Facebook’s catastrophic debut. The bank said it bought more shares than it planned because of NASDAQ’s t

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Rise in Retail Sales Improves U.S. Economic Outlook

Rise in Retail Sales Improves U.S. Economic Outlook

By Dhwani Shah - Apr 17, 2012

The Commerce Department said Monday that there was 0.8 percent rise noticed in retail sales increased 0.8 percent, after rising 1.0 percent in February. Some of the increase went t

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U.S. Stocks on a Downfall, Topping 2012’s Biggest Weekly Decline

U.S. Stocks on a Downfall, Topping 2012’s Biggest Weekly Decline

By Dhwani Shah - Apr 07, 2012

Stocks fell leading S&P end its worst week of the year as growing pressure on Europe’s debt markets revitalized concerns about the region’s financial stability. The Dow Jo

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U.S. Manufacturing Lifts Stocks to MultiYear High

U.S. Manufacturing Lifts Stocks to MultiYear High

By Dhwani Shah - Apr 03, 2012

An optimistic report on U.S. manufacturing surpassed anxiety about fragile global growth and lifted stocks to multiyear highs. The gain built on the best first quarter for stocks i

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U.S. Stocks Headed for a Slightly Higher Open

U.S. Stocks Headed for a Slightly Higher Open

By Richard Meryn - Mar 30, 2012

Friday saw a slightly higher opening of U.S. stocks, the final trading day of a strong quarter, as investors hope for some positive economic reports after a disappointing stretch o

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Wall Street responds positively after a sharp increase in European stocks

Wall Street responds positively after a sharp increase in European stocks

By Jay Raol - Oct 21, 2011

After the European markets closing sharply high, the investors hope that the European Leaders will come to an agreement on a package with measures addressing the entire region’s

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