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Facebook Shows Google+ Love, Plans to Launch "Smart Lists"
Tuesday, September 13, 2011 - 1:48pm | 165Google+ may not be hurting Facebook yet, but that hasn't stopped the social networking giant from copying its most appealing features. According to the Associated Press, Facebook plans to organize users' friends into smaller groups called Smart Lists, which will make it easier to share photos,...
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The Ultimate Vending Machine
Monday, August 15, 2011 - 10:19am | 313This is far from your everyday Coke (NYSE: KO) or Pepsi (NYSE: PEP) dispensary. In France, one clever baker has created a vending machine with an item we never saw coming: freshly baked bread. Jean-Louis Hecht, a baker from Hombourg-Haut, has launched two vending machines in order to provide his...
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Electronic Arts Names New COO
Friday, August 5, 2011 - 9:57am | 398The head of EA Sports is set to take on the whole company as its chief operating officer. The Associated Press reports that Peter Moore will take on his new position starting Monday, August 8. Moore replaces John Schappert, who left Electronic Arts (NASDAQ: ERTS) for a position at Zynga....
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Greece's Cabinet Meeting to Discuss Spending Cuts and Privatization into 2015
Monday, May 23, 2011 - 5:51am | 202Greece's Cabinet is meeting Monday to discuss deeper spending cuts and privatization measures through 2015, the Associated Press is reporting. Greece has struggled with its finances despite last year's $145 billion three-year bailout package. The embattled economy has done little to quell market...
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Sarkozy Says France Will Intensify The Airstrikes Over Libya -AP
Wednesday, April 20, 2011 - 8:18am | 11Sarkozy says France will intensify the airstrikes over Libya reported AP
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Survey Highlights Baby Boomers' Dependence on Social Security
Tuesday, April 5, 2011 - 10:12am | 142In the recent Associated Press-LifeGoesStrong.com poll of 1,160 baby boomers, 11% of participants stated they are strongly convinced that they can live comfortably upon retirement. Fifty five percent are somewhat or very certain that they can live comfortably while 44% have little or no faith that...
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Ford To Idle Plant To Conserve Japanese Supplies -AP (F)
Monday, March 28, 2011 - 7:47am | 88According to the Associated Press, Ford (NYSE: F) will idle an auto plant in Belgium to conserve Japanese parts that are running behind. "We didn't run short of parts, but if we can find things to do to conserve parts it certainly makes sense to do that," said a Ford spokesperson. The full article...
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Libyan Oil Exports Almost Halted -IEA
Tuesday, March 15, 2011 - 8:52am | 84Libyan oil exports have been "ground to a halt," according to the International Energy Agency, as reported by the Associated Press. The AP story can be found here. A major oil etf (NYSE: OIL) traded over 3.5% lower this morning versus yesterday's closing price. U.S. markets traded over 2.4% lower...
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Unrest In Bahrain
Monday, February 28, 2011 - 9:56am | 283As if unrest in Egypt and Libya was not enough, Bahrain is experiencing problems of its own. The tiny Gulf country has been experiencing chaos for two weeks now, as anti-government protesters organize in greater numbers. Much of the conflict in Bahrain stems from a strong religious clash. The...
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Setbacks For The Banking Industry (BAC, C, JPM, WFC)
Thursday, February 24, 2011 - 8:46am | 445The banking industry experienced another setback as a report revealed a staggeringly high number of banks at risk of failure in the last quarter of 2010. The number of banks at risk accounted for almost 12% of all federally-insured banks and is the highest number in almost two decades, according...
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Warren Buffett Sells; You Should Listen (BAC, CMCSA, NKE, LOW)
Tuesday, February 15, 2011 - 9:10am | 327Investors will be interested to learn that Warren Buffet's company Berkshire Hathaway (NYSE: BRK-A) sold off several of its investments in the fourth quarter of 2010. Included in the sell-off were Bank of America (NYSE: BAC), Comcast (NASDAQ: CMCSA), Nike (NYSE: NKE) and Lowes (NYSE: LOW). In light...
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The Show Is Over For Guitar Hero (ATVI, VIA, ERTS)
Thursday, February 10, 2011 - 8:59am | 588The show is over for the Activision (NASDAQ: ATVI) video game “Guitar Hero.” The Associated Press reports that the publisher has decided to pause production of the Guitar Hero and Tony Hawk video game franchises in 2011. This follows the news that Viacom (NYSE: VIA) had sold Harmonix, the creator...
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Rolls-Royce to Replace Faulty A380 Engines: Official (RYCEF)
Monday, November 15, 2010 - 3:36pm | 210Rolls-Royce (PINK: RYCEF) will temporarily replace entire engines that have oil leaks on the Airbus A380, an aviation official told Associated Press Monday. The official said the British engine-maker would remove faulty engines and replace them with new ones. The move comes after a midair oil...
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Wal-Mart To Buy Massmart
Monday, September 27, 2010 - 6:50am | 48Wal-Mart Stores Inc. (NYSE: WMT) is offering to buy South African retailer Massmart Holdings Ltd. for approximately $4.25 billion. The deal would give the world's largest retailer an opening to expand in Africa, a fast-growing region, according to the Associated Press.
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Wal-Mart To Pursue Small Store Strategy (WMT)
Monday, September 20, 2010 - 3:12pm | 140The Associated Press is reporting today that Wal-Mart Stores Inc. (NYSE: WMT) will soon be rolling out smaller format stories in urban markets in an effort to continue gaining customers. The new strategy, which is expected to be unveiled at next month's analyst meeting, is aimed to pump up...