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McDonald's Easterbrook For CEO Of The Year? La Monica Believes He Could Make It
Saturday, April 23, 2016 - 9:08am | 297McDonald's Corporation (NYSE: MCD) reported first-quarter earnings of $1.23 per share Friday morning, beating the Street’s consensus by $0.07. Revenue of $5.9 billion also came in $80 million ahead of expectations. Right after McDonald’s report was released, CNN Money digital...
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Marc Andreessen Receives Backlash For Pro-Colonialism Tweet
Thursday, February 11, 2016 - 9:57am | 507Marc Andreessen is a leading figure in the venture capital world and has held a seat at Facebook Inc (NASDAQ: FB)'s board of directors since 2008. Andreessen came under fire when he took to Twitter to offer his views on a recent ruling by the Indian government to block Facebook's initiative of...
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Intrexon Spikes 20%; Oxitec Subsidiary Working To Control Zika Virus Outbreak
Thursday, January 28, 2016 - 1:34pm | 196Shares of Intrexon Corp (NYSE: XON) were trading higher by more than 12 percent at $29.69 early Thursday afternoon. Intrexon is engaged in the field of synthetic biology. The company designs, builds and regulates gene programs which are Deoxyribonucleic Acid (DNA) sequences that consist of...
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Elon Musk: Low Oil Prices Still Hurt Electric Cars
Monday, January 25, 2016 - 12:13pm | 249One of the most prominent arguments against owning shares of Tesla Motors Inc (NASDAQ: TSLA) is that low oil prices, especially at the gas pump, minimizes demand for fully electric cars. Speaking to CNN Money, Tesla CEO Elon Musk lent some credence to the theory, but argued his company is in a...
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Ascendiant Analyst Says Energous Has Bright Future Ahead
Tuesday, June 23, 2015 - 3:23pm | 408Energous Corp (NASDAQ: WATT) has reportedly signed a contract with a "top tier" tech company to supply millions of its wireless charging devices, according to a report from CNN Money. The information came from an interview with CEO Stephen Rizzone. Energous' WattUp charging technology utilizes...
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Investors Might Want To Stay Away From This Biotech ETF
Friday, March 27, 2015 - 2:51pm | 354Paul La Monica was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. CNN Money Digital Correspondent Paul La Monica discussed a few stocks and industries. Talking about the biotech market and the recent pullbacks, he said that, rather...
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Apple Receives Patents On Flexible Devices, Lifestream Smart-Glasses
Tuesday, January 6, 2015 - 2:17pm | 260Apple Inc. (NASDAQ: AAPL) was granted 28 new patents Tuesday, including what could be a bendable iPhone and Lifestream, a competitor to Google Glass. “Apple states that future flexible electronic devices may include flexible housing members and flexible internal components. Rigid and...
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What CEOs Are Saying About Washington Politics
Saturday, December 6, 2014 - 1:37pm | 845Privately, CEOs are probably like most people, fed up with gridlock in Washington and feeling somewhat powerless to do anything about it. Based on the “polite declines” Benzinga received when reaching out to several corporate leaders for comment, however, many preferred to keep...
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Is It Time To 'Sell In May And Go Away?'
Tuesday, April 29, 2014 - 9:15am | 575We’re only two days from May 1 and supposedly that means something very important to the stock market: time to “sell in May and go away.” It’s also time for a glut of new articles (like this one) and a whole lot of mention in the financial media. You may not remember last year’s mass of...
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The Top 10 Financial Tweets For Monday, July 29
Monday, July 29, 2013 - 11:08am | 1306There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful, or just down right comical. 1. Lawrence McDonald Lawrence McDonald (@Convertbond) of LGM Group tweeted about the...
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Toyota Production Reaches 200 Million Units Despite Recalls
Tuesday, July 24, 2012 - 8:58am | 548At a time when customers would likely be questioning their loyalty and trust in an automaker that continuously recalls its vehicles, Toyota (NYSE: TM) has still managed to sell an incredible amount of vehicles with June 2012 marking the company's 200 million produced vehicles. The foreign car...
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NASDAQ, Meet Zynga! The Social Gamer Looks at the Public To Fertilize its Future
Friday, December 16, 2011 - 8:54am | 755Farmville crops aren't expected to eradicate hunger in the world anytime soon, but they may just make their creators a cool billion when Zynga's shares are available publicly later today. Zynga (NASDAQ: ZNGA) becomes the latest merchant to hawk its wares on NASDAQ, under the ZNGA symbol. That...
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To Rent Or To Buy: That Is The Question
Tuesday, August 16, 2011 - 10:31am | 840Nobody wants to own a home anymore, or it at least seems that way. Since the housing bubble burst in the middle of last decade, new home sales have continued to drop, and the U.S. economy is much worse off because of it. Housing is a major portion of the economy, and with housing in a slump, the...
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Postal Service, Food Stamps, and Fannie Mae: The End of The Common Family?
Monday, August 8, 2011 - 8:48am | 833With a constitutional business potentially in default, food stamps on the rise, and a government controlled mortgage company posting losses, could the image of the common family be in jeopardy? Rather an end to the common family, here is why the common family is only redistributing itself....
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Ex-MLB Player Doug DeCinces Charged with Insider Trading by SEC -CNN Money
Thursday, August 4, 2011 - 4:27pm | 76The SEC today charged former pro baseball player Doug DeCinces with insider trading, alleging that he and three associates pocketed more than $1.7 million from buying shares in a company that was about to announce an acquisition by Abbott Laboratories (NYSE: ABT). Each of the four have since...