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On Saturday, Carbonite CEO David Friend released a statement on his company’s website declaring that Carbonite had decided to “withdraw” advertising from Rush Limbaugh’s radio show in the wake of his controversial remarks involving Georgetown Law student Sandra Fluke because it will “ultimately contribute to a more civilized public discourse”: Even though Mr. Limbaugh has now issued an apology, we have nonetheless decided to withdraw our advertising from his show. We hope that our action, along with the other advertisers who have already withdrawn their ads, will ultimately contribute to a more civilized public discourse. However, it hasn’t done much...
Published on Sunday 13th of May 2012 01:59:02 PM
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Posted by admin! / Under NASDAQ 100
A month after Wall St. Journal published Kosovo’s terrorist prime minister Hashim Thaci, the Heroin-Trafficker-in-Chief got to ring the opening bell at NASDAQ on Thursday. In a year when he fixed elections, was implicated in his KLA murder-for-organs scheme, and was outed by various media watchdogs to be suppressing the press, mobster/torturer/murderer Thaci — occasionally wanted by Interpol and almost barred from entering this country save for diplomatic immunity — is here with bells on.
Published on Sunday 13th of May 2012 01:59:02 PM
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Posted by admin! / Under NASDAQ 100
NEW YORK (Reuters) - Investors fled stocks on Thursday, putting the S&P 500 into correction territory, as worries about the U.S. economy and European debt escalated. All three indexes were down 2 percent, having fallen more than 3 percent each at one point. Decliners beat advancers on the New York Stock Exchange by 14 to 1. "People are throwing in the towel because they can't find relief on any front. There are a lot of worries about the economy," said Milton Ezrati, market strategist at Lord Abbett Co. in Jersey City, New Jersey, which manages $110 billion in assets. The...
Published on Sunday 13th of May 2012 01:59:02 PM
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Posted by admin! / Under NASDAQ 100
NEW YORK (CNNMoney) -- The Nasdaq OMX Group Inc. (NDAQ) and the IntercontinentalExchange (ICE) withdrew their offer to buy NYSE Euronext (NYX, Fortune 500), following discussions with the antitrust division of the U.S. Department of Justice, the companies said Monday. Nasdaq and ICE have been trying to gain favor with the NYSE board for their $11.3 billion offer since April, most recently taking it directly to the NYSE shareholders. Even that wasn't enough to appease the Justice Department. "We took the decision to withdraw our offer when it became clear that we would not be successful in securing regulatory approval...
Published on Sunday 13th of May 2012 01:59:02 PM
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Posted by admin! / Under NASDAQ 100
In light of another fraud allegation against China Biotics which will likely soon join the Nasdaq trading halt page, we decided to take a quick look at the Nasdaq trading halts page. To our complete lack of surprise, Chinese fraud dominates with an iron fist: of 19 halted stocks (GFC has three classes of securities halted), 15 of the name are Chinese. Of these 15 Chinese names, none were on this list when we first warned of the imminent surge in reverse merger fraud back in November. Luckily, judging by the horrendous performance in recent Chinese IPOs, even with the...
Published on Sunday 13th of May 2012 01:59:02 PM
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Posted by admin! / Under NASDAQ 100
Hackers have repeatedly penetrated the computer network of the company that runs the Nasdaq Stock Market during the past year, and federal investigators are trying to identify the perpetrators and their purpose, according to people familiar with the matter. The exchange's trading platform—the part of the system that executes trades—wasn't compromised, these people said. However, it couldn't be determined which other parts of Nasdaq's computer network were accessed. Investigators are considering a range of possible motives, including unlawful financial gain, theft of trade secrets and a national-security threat designed to damage the exchange. The Nasdaq situation has set off alarms...
Published on Sunday 13th of May 2012 01:59:02 PM
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Posted by admin! / Under NASDAQ 100
The following fifty one securities will be added to the Index: Cisco Systems Inc. (Nasdaq:CSCO), Microsoft Corp. (Nasdaq:MSFT), Applied Materials, Inc. (Nasdaq:AMAT), General Electric Company (NYSE:GE), Nike, Inc. (NYSE:NKE), Pepsico, Inc. (NYSE:PEP), Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), Kimberly-Clark Corp. (NYSE:KMB), Medtronic, Inc. (NYSE:MDT), Koninklijke Philips Electronics, N.V. (NYSE:PHG), Royal Bank Of Canada (NYSE:RY), Portugal Telecom SGPS, S.A. (NYSE:PT), STMicroelectronics NV (NYSE:STM), General Mills, Inc. (NYSE:GIS), Freeport-McMoran Copper & Gold, Inc. (NYSE:FCX), Chevron Corp. (NYSE:CVX), Pfizer, Inc. (NYSE:PFE), France Telecom S.A. (NYSE:FTE), Pacific Gas & Electric Co. (NYSE:PCG), Royal Dutch Shell PLC (NYSE:RDS-A), Rockwell Automation Inc (NYSE:ROK), EMC Corp. (NYSE:EMC),...
Published on Sunday 13th of May 2012 01:59:02 PM
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Posted by admin! / Under NASDAQ 100
Al-Qaeda Threat in Philadelphia? Philadelphia, PA June 27, 2002 — David Henry reports from the Action Newsroom. An Action News investigation reveals that a chain of jewelry stores operating in the Delaware Valley is being investigated by the FBI for possible connections to the Al Qaeda terror network. A series of raids were carried out yesterday in Philadelphia and across the state of Pennsylvania. The stores are mostly kiosks in shopping malls operating under the name "Intrigue Jewelers." They are all owned by Pakistanis under franchise agreements with a company called Gold Concepts, based in Pennsacola, Florida. Intrigue operates stores...
Published on Sunday 13th of May 2012 01:59:02 PM
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Posted by admin! / Under NASDAQ 100
"Sign, sign everywhere a sign, Blocking out the scenery, breaking my mind, Do this, don’t do that, Can’t you read the sign?" --The Five Man Electrical Band, 1971 A big drop on Friday wiped out earlier gains in the week and left the Dow Jones Industrials down 1%. The Dow is lower by 3.2% since January 1. The S&P 500 pulled back 1.2%, its third weekly loss in the past four. NASDAQ showed a loss of 0.8%. Corporations reported quarterly earnings in earnest last week and the news has largely been good. So far, three out of four companies have...
Published on Sunday 13th of May 2012 01:59:02 PM
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Posted by admin! / Under NASDAQ 100
Markets Tank To End The Week: Here's What You Need To Know Gregory White Jul. 16, 2010, 4:00 PM Bank earnings that beat estimates, and yet disappointed due to poor revenue numbers, and continued worries about the strength of the U.S. recovery brought markets down heavily today. First, the scoreboard: * Dow down 2.52% * S&P 500 down 2.88% * NASDAQ down 3.11% Notably, the euro is now trading at $1.29 and the pound is now near $1.53. Now, today's top stories: * Bank shares tumbled today on concerns over revenue weakness. Investors seem worried about banks lack of lending...
Published on Sunday 13th of May 2012 01:59:02 PM
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