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Capitol Building On Lockdown After Shots Fired Outside
Thursday, October 3, 2013 - 2:41pm | 449Read More...UPDATE: The Capitol building is no longer on lockdown. See further updates at the end for more information. Original Story Reuters is reporting that that the Capitol building is on lockdown after shots were fired outside. No one is being allowed to enter or exit the building. Buzzfeed reporter Kate...
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The 9 Most Infamous Twitter Hacks of All-Time
Friday, April 26, 2013 - 11:58am | 89Read More...Following Tuesday's frightening Associated Press tweet, which "hacked the market," the impact of hijacked Twitter feeds in a world that depends on instantaneously-shared information has become a legitimate concern. The AP hack is the latest in a disturbing (though occasionally hilarious) trend of...
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Benzinga Market Primer: Wednesday, April 24
Wednesday, April 24, 2013 - 6:31am | 1339Read More...Futures Higher on Global Stimulus Hopes U.S. equity futures rose in pre-market trade as investors became increasingly hopeful of more global easing following weaker than expected economic data around the world. Also, Goldman Sachs upgraded global equities to overweight from neutral overnight,...
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Associated Press Twitter Account Hacks the Market
Tuesday, April 23, 2013 - 1:28pm | 149Read More...At approximately 1:08PM EST Tuesday, a tweet from the Associated Press' official twitter account came out stating that the White House had been the target of a bombing and that President Obama had been injured. S&P futures plummeted 16 points while the Dow Jones spiked downwards, dropping as...
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Apple's Highly Anticipated iTV May Still Come in 2013
Wednesday, April 3, 2013 - 2:03pm | 242Read More...iTV, the Holy Grail of mysterious Apple (NASDAQ: AAPL) products, is getting a boost of hype Wednesday after Topeka Capital Markets issued a new report. According to the Associated Press, Topeka's Brian White believed that Apple will definitely release its first television this year. What's more,...
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Hewlett-Packard's Glasses-Free 3D Tech is a Dream Come True for 'Star Wars' Fans
Thursday, March 21, 2013 - 12:48pm | 704Read More...If you thought the news of a new Star Wars trilogy was exciting, wait until you hear what Hewlett-Packard (NYSE: HPQ) is working on. Hewlett-Packard is developing a new glasses-free 3D technology for mobile devices that will allow the image to extend beyond the screen while being viewed from...
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J.C. Penney Shares Bounce on New Discounts
Tuesday, January 29, 2013 - 11:38am | 360Read More...When former Apple (NASDAQ: AAPL) COO Ron Johnson took over as CEO at J.C. Penney (NYSE: JCP), the struggling U.S. retailer, he laid out a five-year plan to turn the retailer around. However, years into the plan, shareholders have seen little in the way of returns from this plan. One key tenet of...
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Foxconn Plant Reopens, Ending iPhone 5 Production Concerns
Tuesday, September 25, 2012 - 9:01am | 442Read More...The plant, which is located in Taiyuan, was shut down temporarily after a riot broke out Sunday evening. According to the Associated Press, the brawl came as a result of increased working demands -- including longer hours -- which were brought on by the release of the iPhone 5. Apple is...
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Hertz to Acquire Dollar Thrifty
Monday, August 27, 2012 - 9:34am | 435Read More...Car rental giant Hertz Global Holdings (NYSE: HTZ) is about to buy rival Dollar Thrifty Automotive Group (NYSE: DTG) for roughly $2.3 billion. According to the Associated Press, the purchase will give Hertz more ways to attract business and leisure travelers, along with giving the company an...
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General Motors Joins Ford, Toyota in Recall Frenzy
Monday, August 20, 2012 - 10:01am | 505Read More...General Motors (NYSE: GM) and Isuzu announced that they are joining the likes of Ford (NYSE: F) and Toyota (NYSE: TM) by recalling about 258,000 SUVs on Saturday. According to the Associated Press, short circuits in power-window and door-lock switches have caused at least 28 vehicle fires. While...
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Honda Announces Massive Recall Involving Over 320,000 Cars and SUVs
Thursday, July 19, 2012 - 1:47pm | 537Read More...Honda (NYSE: HMC) is recalling 166,000 small SUVs and 6,200 luxury cars in the United States, along with thousands more throughout the rest of the world. The Japanese automaker said there may be a problem with the doors of the 2012 CR-V and the 2013 Acura ILX. According to Reuters, no accidents or...
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Libor Scandal Catches Up with Deutsche Bank and HSBC
Thursday, July 19, 2012 - 7:55am | 393Read More...The investigation into the London Interbank Offered Rate (LIBOR) rate fixing that resulted in a record fine and major shake-up for Barclays last month is now focusing on traders at Deutsche Bank (NYSE: DB), HSBC, Societe Generale and Credit Agricole. On July 3, Benzinga reported that Barclays' CEO...
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Coca-Cola Takes a Slight Hit on Profit
Tuesday, July 17, 2012 - 1:24pm | 228Read More...Soft drink giant Coca-Cola (NYSE: KO) reported earnings on Tuesday and Benzinga reported that the company showed a decline in its second-quarter profit. "Coca-Cola's quarterly net income dropped to $2.79 billion, from $2.80 billion, in the year-ago period. Earnings per share rose to $1.21, from $1...
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Apple Saves $340 Million in iPad Trademark Dispute
Monday, July 2, 2012 - 2:03pm | 368Read More...Apple (NASDAQ: AAPL) has paid $60 million to officially purchase the iPad name in China. The Cupertino, California-based enterprise thought that it had acquired the global rights to the iPad name when it purchased them from a Proview affiliate in Taiwan for roughly $55,000. But according to the...
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Barclays Chairman Resigns Amid Scandal
Monday, July 2, 2012 - 8:05am | 424Read More...Barclays (NYSE: BCS) Chairman Marcus Agius has resigned his position on Monday in the middle of the bank's rate-fixing scandal. Agius stepped up and said that "the buck stops with me," before quitting his job and saying that the scandal has dealt a "devastating blow," to the reputation of the bank...
