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Tag Archives: Stocks

Dow average dumps Kraft Foods for UnitedHealth

NEW YORK — The Dow Jones industrial average is dumping Cool Whip for copays. The Dow, perhaps the most widely known barometer of the U.S. stock market, announced Friday that it would boot Kraft Foods to make room for UnitedHealth ...

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Facebook insiders can sell stock as ‘lock-up’ ends

MENLO PARK, Calif. — Facebook’s early investors and a handful of top executives become eligible on Thursday to sell stock they own in the social networking company. It marks the beginning of a time-honored process for public companies, one that ...

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Facebook shares sink to new low after Q2 results

NEW YORK — Facebook’s stock hit a new low Friday after it reported lukewarm second-quarter results and didn’t give an outlook for the coming months. The stock fell $2.88, or nearly 11 percent, to $23.97 in afternoon trading Friday, after ...

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Apple shares retreat after rare earnings miss

NEW YORK — Apple’s stock fell Wednesday after the company did something un-Apple-like: posting results below Wall Street expectations. Late Tuesday, Apple Inc. reported that in the latest quarter, earnings rose a mere 21 percent from the year before, not ...

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