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Is Facebook Jealous Of China's WeChat?
Thursday, June 9, 2016 - 9:56am | 331Facebook Inc (NASDAQ: FB)'s daily active user base dwarfs those of Twitter Inc (NYSE: TWTR) and Snapchat combined. As of the first quarter of 2016, Facebook boasts 1.65 billion users who log on to the platform at least once a month. With statistics like this, Facebook is clearly the king of social...
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It's Not Shopping, It's Market Research: Talking Investing Trends With TD Ameritrade's Nicole Sherrod
Tuesday, September 1, 2015 - 2:40pm | 1403Benzinga recently had a chance to follow up with the managing director of the trader group at TD Ameritrade Holding Corp. (NYSE: AMTD), Nicole Sherrod, on a study published earlier this year on women and investing trends. The study illustrated that new trends have begun emerging pointing toward...
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How Much Does Berkshire Hathaway Like Consumer Goods?
Thursday, November 13, 2014 - 3:37pm | 458Berkshire Hathaway Inc. (NYSE: BRK-A) and Warren Buffett have long-standing investments in the financial sector, including early investments in insurance. What may not get as much attention is another area that Berkshire likes holding for the long-term: consumer goods. According to the firm...
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Shares of Wal-Mart Drop Premarket After Q1 Earnings Released
Thursday, May 16, 2013 - 8:34am | 175Wal-Mart (NYSE: WMT) released Q1 earnings before the market open Thursday morning for the three months ending April 30th. The retail giant missed EPS and revenue estimates by 0.87 percent and 1.92 percent, respectively. Net sales for Wal-Mart US rose by just 0.3 percent from the year prior,...
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Euro Down as Eurozone Problems Worsen
Friday, November 9, 2012 - 7:46am | 302The euro continued a downward slide on Friday morning, dropping to 1.2739. Eurozone finance officials have delayed the decision about the next installment of Greece's bailout money for a few more weeks. Businessweek reported that that the European Union Ministers decided to hold off on the...
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Abercrombe Shares Spike on News of Goldman Help
Thursday, September 13, 2012 - 6:54am | 254Trading in Abercrombie and Fitch (NYSE: ANF) was halted briefly Wednesday as shares spiked over 5 percent on news that it had retained Goldman Sachs (NYSE: GS). Abercrombie will use Goldman to advise it on continuing struggles with the investment advisor Relational Investors. Abercrombie has seen...
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Zynga's COO May Lose Creative Control as New Double Lawsuit Surfaces
Wednesday, August 1, 2012 - 8:58am | 430As growth continues to slow in Farmville's hometown, better known as Zynga (NASDAQ: ZNGA), Chief Operating Officer John Schappert may have lost his role - one that required growth revival for the floundering company along with product oversight. The news coincides with two lawsuits that...
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Are 4G iPad Users Paying for 3G Speeds?
Tuesday, March 27, 2012 - 9:33am | 285They say you get what you pay for. But if you're an iPad user in Australia, that may not be the case. Bloomberg Businessweek reports that Apple (NASDAQ: AAPL) is being accused of “misleading” Australian consumers. Businessweek quoted the following statement from the Australian Competition &...
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iCloud: Apple's Perfect Storm Against Dropbox, Google, and Amazon Cloud?
Tuesday, May 31, 2011 - 2:48pm | 875A storm is coming next week. But will it turn out to be the tornado feared by Apple (NASDAQ: AAPL) competitors, or merely a rainstorm that only cools things off temporarily? Neither outcome would be unprecedented. Despite its many success stories, Apple is not an infallible corporation. While the...
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iPhone On Verizon: The Plot Thickens
Monday, January 3, 2011 - 4:55pm | 372For well over a year, rumors have indicated that the iPhone – currently exclusive to AT&T (NYSE: T) – will soon come to Verizon (NYSE: VZ). But while most of those rumors proved to be nothing more than wishful thinking, there is mounting evidence that Verizon and Apple (NASDAQ: AAPL) will...
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Bloomberg's Kevin Krim Talks LookSmart, LiveJournal, Yahoo! And More (LOOK, YHOO)
Wednesday, December 8, 2010 - 1:07pm | 445Having spent several years working at McKinsey, Zeal.com, LookSmart.com (NASDAQ: LOOK) and LiveJournal.com, Kevin Krim has become quite the expert at building and perfecting web properties. “I've spent my entire career essentially working on the web,” Krim told Benzinga during a recent interview. “...
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Building A Dynasty With Bloomberg's Kevin Krim
Wednesday, December 8, 2010 - 1:04pm | 665With BusinessWeek.com now a part of Bloomberg's web properties, the organization has become the fourth largest network of business, financial, news and data sites. “We, according to comScore (NASDAQ: SCOR), have over 20 million unique visitors a month, which puts us right behind the big two portals...
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MOT Needs Something In The Palm Of Its Hands
Tuesday, April 13, 2010 - 1:35pm | 362According to an article by Om Malik on BusinessWeek.com, Google’s announcement of its Nexus One phone brought three companies into the picture - Qualcomm (NASDAQ: QCOM), which would provide the chips, Google (NASDAQ: GOOG), which would make the OS and Taiwan-based HTC, the preferred device maker....