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Biz Brief: BP Execs Should Kill Themselves, Congressman Says

August 3, 2015

BP (BP) executives responsible for cleaning up the Gulf oil spill should commit ritual suicide, a congressman suggested at a House energy committee hearing Tuesday. Addressing BP America President Lamar McKay, ...

5 IPOs That Failed to Live Up to the Hype

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August 3, 2015

Ipos

IanDagnall Computing/Alamy Investors tend to love shiny new things, making the IPO market a hotbed of excitement. More than 100 companies have gone public on stateside exchanges this year, but some of them ha...

5 Things to Know About the ‘Candy Crush Saga’ IPO

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August 3, 2015

Ipos

Bloomberg/Andrew Harrer There has never been a hotter mobile game than "Candy Crush Saga," and the company behind the addictive blockbuster game believes it could raise nearly $613 million in an initial publi...

14 ETFs to Watch in 2014 — Even If You Don’t Buy Them

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August 2, 2015

Mutual Funds

Alamy 2014 has just begun, and already, investors have seen some surprises. A rare first-trading-day drop in the stock market has engendered fresh nervousness about the prospects for a market correction. If yo...

AMC IPO: Now with Your Movie Ticket, You Can Buy a Piece of the Action

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July 25, 2015

Ipos

Alamy Barely a year has passed since Chinese conglomerate Dalian Wanda Group completed its $2.6 billion purchase of U.S.-based movie theater chain AMC Entertainment. In one fell swoop, that deal made it the wor...

Market Wrap: Stocks End Month Down; Shake Shack Shares Rally

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July 24, 2015

Ipos

Spencer Platt/Getty Images NEW YORK -- U.S. stocks ended lower Friday after a volatile session as investors worried about weak U.S. growth data and whether instability in Europe could hurt corporate earning...

ETFs vs. mutual funds: Investment vehicles get ready to rumble

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July 17, 2015

Index Funds

Is there a battle royal brewing in the world of investment funds? Exchange-traded funds are suiting up in the locker room, preparing to challenge mutual funds' dominance. A recent report from Deloitte, says th...

iPad 2 Launch Adds Muscle to Apple’s Invasion of Corporate America

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July 16, 2015

Insurance Industry

As Apple (AAPL) fans line up to snag an iPad 2 when they go on sale at 5 p.m. Friday, individual consumers won't be the only ones purchasing the tablets. According to analysts, corporate America is increasingl...

Market Wrap: Energy Leads Stocks Down; Eyes on Greece, China

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July 15, 2015

Energy

Spencer Platt/Getty Images NEW YORK -- U.S. stocks fell in a volatile Monday session as Greeks resoundingly backed their government in rejecting the austerity terms of a bailout and China implemented emerge...

Former AIG Executive Says AIG Bailout Was Needlessly Expensive

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July 14, 2015

Insurance Industry

Today the Financial Crisis Inquiry Commission, a bipartisan panel of legislators and others set up by Congress to probe the causes of the financial meltdown, continues its long series of hearings with one dedic...

Market Wrap: Stocks Fall as Street Mulls Fed’s Rate Decision

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July 14, 2015

Energy

Richard Drew/AP NEW YORK -- Wall Street stocks closed lower Friday in heavy trading as the Federal Reserve's decision to keep interest rates near zero fueled concerns about the potential impact of continuin...

UnitedHealth Earnings Jump 31%

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July 11, 2015

Insurance Industry

UnitedHealth Group (UNH) said Tuesday its second-quarter profit rose 31% as revenue increased 7%, led by increases in UnitedHealthcare risk-based products, Medicaid membership and Health Services businesses. Th...

Wall Street Heads Higher; Nasdaq Touches 5,000 Mark

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July 6, 2015

Nasdaq

Victor J. Blue/Bloomberg via Getty Images NEW YORK -- Major stock indexes headed higher on Monday as deals and economic news gave stocks a lift. The Nasdaq (^IXIC) briefly touched 5,000, the first time the ...

A Lame Defense of Active Management

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July 2, 2015

Index Funds

Kick Images An advertisement from Fidelity that appeared in the Jan. 26 issue of The New Yorker caught my attention. It stated: "Since its inception in 1989, the Fidelity Low-Priced Stock Fund (FLPSX), manage...

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